Intel stock rises after Trump touts ‘very successful’ CEO, applauds government’s investment

Intel stock rises after Trump touts ‘very successful’ CEO, applauds government’s investment

Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government’s investment in the company. “I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In August, … Read more

Microsoft revealed as company behind controversial data center proposal in Michigan township

Microsoft revealed as company behind controversial data center proposal in Michigan township

Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Microsoft will open a new data-center region in Spain, expanding their strategic partnership with Telefonica SA, according the the statement by Telefonica. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft has identified itself as the mystery company … Read more

Huang says Nvidia seeing ‘very high’ Chinese customer demand for H200 AI chips

Huang says Nvidia seeing ‘very high’ Chinese customer demand for H200 AI chips

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia CEO Jensen Huang on Tuesday said that the company is seeing “very high” customer demand in China for its H200 AI chips, which … Read more

Elon Musk’s X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children

Elon Musk’s X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s X is being investigated by authorities in Europe, India and Malaysia after its Grok chatbot let users create and share AI-generated sexualized images of children and women. British media watchdog Ofcom also said it’s requested information from X, which is … Read more

Nvidia wants to power robotaxi fleets with chips, software by 2027

Nvidia wants to power robotaxi fleets with chips, software by 2027

Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, June 5, 2023. Bloomberg | Bloomberg | Getty Images Nvidia on Monday said it is working with robotaxi operators in hopes of having them use the company’s AI chips and … Read more

Fed’s Kashkari says AI is causing a hiring slowdown in big companies

Fed’s Kashkari says AI is causing a hiring slowdown in big companies

Minneapolis Federal Reserve President Neel Kashkari said Monday that artificial intelligence is causing big companies to slow hiring, and that many businesses are seeing “real productivity gains” because of the technology. Kashkari said companies have told him that AI is affecting their hiring plans, and he expects to see continued low hiring and low firing in … Read more

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest

SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro.  The satellite internet provider said in a release on Sunday that service credits … Read more

Week in review: We initiated a position — plus, top gainers and laggards of 2025

Week in review: We initiated a position — plus, top gainers and laggards of 2025

Friday marked the end of a lackluster week for stocks and the first trading session of 2026. The market was mixed for the holiday-shortened week: The Dow and Nasdaq shed 0.1% and 1.5%, respectively, while the S & P 500 edged roughly 1% lower, its third back-to-back loss since Monday. It’s unclear what caused the … Read more