Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least. It marks a major milestone in stock market history and suggests that once other unthinkable valuations are within reach. But Nvidia isn’t the only company breaking a trillion-dollar threshold. Fellow tech giants like Apple, Meta, and…
TOKYO (AP) — Asian shares were mixed on Tuesday, with Chinese markets gaining as investors watch to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng edged 0.1% higher to 26,451.08 and the Shanghai Composite index gained 0.2% to 4,005.44, its highest level in…
The Ronald Reagan Presidential Foundation and Institute is drawing a volatile mix of blowback and praise for arguing that a Canadian government advertisement playing in U.S. markets misrepresented the 40th president’s words to blast President Donald Trump’s tariff policies. It is not clear how the California-based Reagan Foundation decided to enter the fray over the…
OpenAI is releasing a stand-alone social app for making and sharing artificial intelligence-generated videos with friends, an attempt to supercharge adoption for the emerging technology just as ChatGPT did for chatbots three years ago. The free Sora app, available from Tuesday by invitation, is powered by a new version of OpenAI’s video-making software of the…
By Jonathan Stempel (Reuters) -A federal judge on Tuesday denied Apple, Google and Meta Platforms’ requests to dismiss lawsuits claiming they promoted illegal gambling by hosting and accepting commissions from casino-style apps that addict users. U.S. District Judge Edward Davila in San Jose, California, rejected the companies’ main argument that Section 230 of the federal…
Elon Musk and Sam Altman are fighting again. And this time over chat with Meta CEO Mark Zuckerberg. Lawyers for Elon Musk are asking a U.S. judge to prevent OpenAI from obtaining documents from rival tech giant Meta Platforms, reigniting a legal skirmish that pits the billionaire against the artificial intelligence company he co-founded. The…
The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter, marking a decisive retreat from the market as geopolitical tensions and shifting investor sentiment clouded the outlook for the world’s second-largest economy. The fund exited positions in 16 Chinese stocks, which were worth US$1.41 billion…
Facebook-parent Meta (META) rose more than 3% on Tuesday to close at a fresh high of $790 per share as the company doubles down on artificial intelligence (AI) efforts. Meta shares jumped following the release of its second quarter results at the end of July, as the company beat expectations. Read more: FTSE 100 LIVE:…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Meta Platforms Inc. (NASDAQ:META) owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, and WhatsApp. It is set to report its Q3 2025 earnings on Oct. 29. Wall Street analysts expect the company…
Taiwan prosecutors arrested six people suspected of stealing trade secrets from Taiwan Semiconductor Manufacturing Co (TSMC), opening an investigation into a potential breach of national security involving a global tech industry linchpin. The chipmaker to Nvidia reported a number of former and current staff to authorities on suspicion they illegally obtained core technology. A total…