Hims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 11 cents vs. 10 cents expected Revenue: $481 million vs. $470 million expected…
U.S. Vice President JD Vance arrives for a meeting with international investors at the Elysee Palace as part of the Artificial Intelligence Action Summit in Paris on Feb. 10, 2025. Gonzalo Fuentes | Reuters Shares of Intel closed up 6% on Tuesday after Vice President JD Vance said the U.S. will safeguard American artificial intelligence…
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images For Super Micro Computer, the wild ride never seems to end. Following a tumultuous 2024 that saw the stock soar to new highs and get added to the S&P…
Palantir surged more than 23% in premarket trading Tuesday after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains. The Denver-based software company posted adjusted earnings of 14 cents per share and $828 million in revenue. That topped the 11 cents per share and revenues of $776 million expected by analysts polled…
Jaap Arriens | NurPhoto via Getty Images Large language models like those developed by Microsoft-backed firm OpenAI are set to become commoditized this year amid rapid advances toward next-generation artificial intelligence agents and more nimble, open-source rivals, according to top tech executives. Last week, Chinese AI firm DeepSeek released R1, an open-source reasoning model that…
Chinese artificial intelligence firm DeepSeek rocked markets this week with claims its new AI model outperforms OpenAI’s and cost a fraction of the price to build. The assertions — specifically that DeepSeek’s large language model cost just $5.6 million to train — have sparked concerns over the eyewatering sums that tech giants are currently spending…
CNN — Liza counted the months until Donald Trump would be president. And she counted the months until her baby was due. The timing filled her with dread. She’d learned from a friend that Trump planned to end birthright citizenship, right around the time she’d learned she was pregnant. Last week, the moment she feared…
From left, President Donald Trump, Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman appear in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced a joint venture to fund artificial intelligence infrastructure. Aaron Schwartz | Sipa | Bloomberg | Getty Images Microsoft, the…
We recently compiled a list of the Top 10 Undervalued Tech Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Hewlett Packard Enterprise Company (NYSE:HPE) stands against other top undervalued tech stocks to buy according to hedge funds. Artificial intelligence was the dominant story in the…
The well-known Chinese supermarket chain Pang Dong Lai has sparked controversy with rules governing employees’ family and personal matters, such as banning them from beating their children or imposing domestic violence on their spouses. A heated discussion on mainland social media came after the retail giant’s boss Yu Donglai announced a series of new management…