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Samsung Electronics’ chip profit shrinks 40% from the previous quarter
10/31/2024

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.

Chinese smartphone company Honor gets new investors as it gears up for IPO
10/31/2024

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

AMD shares fall as forecast fails to impress despite strong AI growth
10/30/2024

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Snap shares jump 10% on profit beat, stock buyback
10/30/2024

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up
10/28/2024

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up

Apple returned to the top five ranking of China's smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.

Tesla shares close at highest in 13 months as post-earnings rally continues
10/28/2024

Tesla shares close at highest in 13 months as post-earnings rally continues

Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

The Oura Ring 4 is sleek and easy to wear but scratches easily. Here’s what it’s like
10/27/2024

The Oura Ring 4 is sleek and easy to wear but scratches easily. Here’s what it’s like

The Oura Ring 4 is a sleek and comfortable device that provides valuable health information, but it also scratched and showed signs of wear easily.

The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says
10/27/2024

The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.

Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs
10/16/2024

Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs

Xpeng, the Chinese electric vehicle maker, says it remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs.

What internet data brokers have on you — and how you can start to get it back
10/14/2024

What internet data brokers have on you — and how you can start to get it back

Every click, purchase, and "like" you make online is harvested, packaged, and sold for profit, making personal data a valuable commodity for data brokers.

Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative
10/14/2024

Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative

Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.

Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors
10/12/2024

Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors

Tesla shares tumbled on Friday after the company's long-awaited robotaxi event failed to impress investors.

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