Nvidia founder and CEO Jensen Huang displays products onstage during the annual Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Josh Edelson | Afp | Getty Images Chipmaking giant Nvidia has entered “correction territory,” with shares now down 10% from all-time highs. The company, which makes graphics processing … Read more
Markets may be failing to fully price in risks from geopolitics and the economic outlook — and the European Central Bank is monitoring this as a potential threat to financial stability, the group’s vice-president said Wednesday. “Markets have a very good perception, or illusion, of the macro economy. They believe that we are going to … Read more
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the … Read more
Google If you’re a Google Chrome user, you may notice some changes to your browser’s address bar. The tech giant announced five new features for Chrome today, each one specifically designed to make browsing a little faster and more efficient. Also: How to supercharge your Google searches with generative AI in Chrome First up is a … Read more
‘Unacceptably excessive’: The Fed plans to maintain climbing charges — however with the everyday residence promoting for simply $4K lower than 2022’s all-time excessive, do not count on an enormous housing correction to observe Minutes from the newest Federal Reserve assembly launched on Wednesday present the Fed feels the nation’s inflation fee stays “unacceptably excessive.” … Read more
Databricks not too long ago revealed that it recorded income of greater than $1 billion within the monetary 12 months ended January 31. The corporate additionally stated it grew greater than 60% final 12 months and its knowledge warehousing product crossed the $100 million annual recurring income (ARR) threshold in April. Databricks has all the … Read more