Hewlett Packard Enterprise misses quarterly revenue estimates
(Reuters) – Hewlett Packard Enterprise Co missed Wall Street estimates for second-quarter revenue on Tuesday, as clients scale down spending…
Technology
Investors who showed Q1 bets on Nvidia may have got boost as it joined $1 trillion club
By Carolina Mandl NEW YORK (Reuters) – Nvidia Corp’s debut in the club of U.S. companies valued at $1 trillion…
Top AI CEOs, experts raise ‘risk of extinction’ from AI
By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on…
Nvidia shorts extend mark-to-market losses as market cap hits $1 trln -S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp were down $4.1 billion in mark-to-market…
Microsoft says UK regulator an ‘outlier’ for blocking Activision deal
By Sam Tobin and Paul Sandle LONDON (Reuters) – Microsoft on Tuesday accused Britain’s anti-trust regulator of being a global…
Factbox-Nvidia joins tech titans in trillion-dollar club
(Reuters) – Nvidia Corp on Tuesday became the first chipmaker to join Wall Street’s trillion-dollar club dominated by technology heavyweights…
Shyft Group’s new Blue Arc launching medium-duty electric vans, trucks
By Paul Lienert DETROIT (Reuters) -Michigan-based Shyft Group, a multi-brand manufacturer of medium-duty specialty vehicles, is preparing to launch production…
US agency says 8.3 million homes, businesses lack access to high-speed broadband
By David Shepardson WASHINGTON (Reuters) -More than 8.3 million U.S. homes and businesses lack access to high-speed broadband internet, the…
France inaugurates first of four gigafactories in the north
BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such plants European and…
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) – Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper…