Samsung Electronics' operating profit jumps 933% in first quarter, beats expectations
Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.
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Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.
Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025
Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025.
How working for Big Tech lost 'dream job' status
Mass layoffs have eroded the shine of the tech industry.
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
Amazon has poured money into smaller, metro fulfillment centers so it can deliver more packages to customers in a day or less.
Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey
Grocery delivery firm Getir says it is withdrawing from its U.S. and European markets and will now refocus its resources on Turkey.
Oracle boosts its generative AI capabilities as cloud competition heats up
Oracle in March announced new generative AI features embedded across applications in finance, supply chain, HR, sales, marketing, and service.
Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.
Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback
Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
Rubrik stock pops 16% in NYSE debut after company prices IPO above range
Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
Snap shares soar 23% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results that beat analysts' estimates
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