Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.
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Disney May Come Under Antitrust Fire for Owning Hulu, ESPN, Court Ruling Reveals
US District Court judge Edward J. Davila partially denied Disney’s motion to dismiss the lawsuit brought by 25 subscribers to YouTube TV and DirecTV Stream.
Volkswagen Reveals $5 Billion Investment, Partnership with EV Maker Rivian
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
US to Restrict OpenAI Access in China, Prompting Chinese AI Companies to Aggressively Pursue its Users
Chinese AI companies are aggressively pursuing users of OpenAI, following reports of the US's impending restrictions on its API access in China.
Lufthansa to Implement Price Hike Up to $77 Due to Environmental Concerns
Starting June 26, Lufthansa will increase fares by up to $77 as part of its 'Environmental Cost Surcharge,' which covers higher regulatory environmental expenses.
Latest News
The European Union found that Microsoft violated antitrust rules for bundling its Teams app with its productivity software, potentially leading to fines or required changes to restore competition.
A Manhattan jury has found Tyrese Haspil guilty in the brutal murder of tech CEO Fahim Saleh. A Manhattan jury has found Tyrese Haspil guilty in the brutal murder of tech CEO Fahim Saleh.
By taxing corporations, a pioneering initiative in this state aims to provide each resident with $750 annually through a Universal Basic Income inspired by successful programs nationwide.
The Social Security Administration is ending up denying disability benefits based on an outdated jobs database that includes obsolete occupations like nut sorter and microfilm processor.
Two federal judges have blocked key components of President Biden's $160 billion student loan forgiveness plan, dealing a significant setback to the administration's efforts to relieve millions of borrowers.
Two New York pharmacy owners have been sentenced for orchestrating a money laundering scheme involving fraudulent Medicare filings.
Goldman Sachs has appointed John B. Hess, CEO of Hess Corporation, to its Board of Directors as an independent member.
Some new liquefied natural gas (LNG) projects in the US Gulf Coast are experiencing delays due to a shortage of skilled labor.
The IRS has introduced new guidelines allowing individuals facing personal emergencies, including domestic violence victims, to withdraw up to $1,000 or $10,000.
