Nvidia's stock fell 9.5% due to concerns about AI and the US economy.Investors are worried about economic indicators and potential recession signals from the Fed.Other chipmakers like Intel, AMD, and Qualcomm also saw significant stock declines. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while yo ...

The DOJ subpoenaed Nvidia in its antitrust probe into the chipmaker.Officials are investigating whether Nvidia's success hurts buyers who want to use other providers.A spokesperson for Nvidia declined to comment on the matter. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Tesla's EV sales in China surged in August, marking its best month of the year to date.The boost follows a global demand slowdown and increased government rebates for EVs in China.Tesla plans to produce a six-seat Model Y in Shanghai by late 2025, Reuters reported. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a person ...

Group 1 - Hewlett Packard (HP) will continue its lawsuit against the family of the late Mike Lynch for up to $4 billion following his death in a yacht sinking incident [1][4] - The lawsuit has been ongoing for 13 years, stemming from HP's acquisition of Lynch's company, Autonomy, in 2011, where HP accused Lynch of misrepresenting the company's value [3][4] - Angela Bacares, Lynch's wife, is expected to inherit the legal battle against HP, as the company intends to pursue the lawsuit to its conclusion [4] Group 2 - An English High Court judge ruled in 2022 that HP had substantially succeeded in its civil fraud claims against Lynch and his former vice president of finance, Stephen Chamberlain [4] - A damages hearing related to the case was held in February 2024, with a decision on damages expected to be announced soon [4] - The yacht tragedy occurred shortly after Lynch and Chamberlain were acquitted of charges related to falsifying financial documents and misleading auditors [5]

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn AI hardware circles almost everyone is talking about ...

OpenAI is proving once again that it's the most valuable startup in the world.The company is considering a funding round that could value it at more than $100 billion, per The Wall Street Journal.Apple, Microsoft, and Nvidia are in talks to participate, according to Bloomberg. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple might be late to the artificial intelligence party ...

A Kroger executive reportedly testified that the company raised milk and egg prices beyond inflation.The testimony comes amid a legal battle over Kroger's proposed $24.6 billion merger with Albertsons.The FTC is fighting to block the merger, arguing it would result in higher grocery prices for millions. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis summer, investors have been fretting about the future of Nvidia.The value of the tech giant at the cen ...

Nvidia CEO Jensen Huang defended production problems in a post-earnings call interview with Bloomberg TV.The tech company beat revenue estimates but acknowledged production issues with its Blackwell chip.Huang told Bloomberg demand for Blackwell is high and will net "billions" in revenue by Q4. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access yo ...