Author: Daniel snow
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025.Leah Millis | ReutersNvidia CEO Jensen Huang will meet with President Donald Trump at the White House on Thursday, CNBC’s Megan Cassella reported.The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark briefly on Wednesday during trading.Trump praised Nvidia stock in a social media post Thursday morning.”NVIDIA IS UP…
Elon Musk (L) & Don LemonReuters (L) | Getty Images (R)Ex-CNN anchor Don Lemon’s lawsuit against tech billionaire Elon Musk and his social network X over the cancellation of their partnership can proceed to trial, a San Francisco judge ruled this week.Musk’s team had tried to get the case moved to a Texas court and tried to convince the judge to strike the complaint altogether.Attorneys for Musk and X didn’t respond to a request for comment.In an order Tuesday, Judge Harold Kahn said Lemon and his attorneys plausibly alleged, among other claims, that X and Musk had committed “fraud by…
Nurphoto | Nurphoto | Getty ImagesDelta Air Lines is studying new types of airplane tickets — this time in the premium cabins at the front of the plane.Airlines spent years slicing up their coach cabins, from extra legroom seats to bare-bones basic economy fares that don’t allow changes or include a seat assignment. Delta was a pioneer in the U.S. when it launched basic economy fares over a decade ago with rivals United Airlines, American Airlines and others following suit.But now airline executives are turning their focus to their premium cabins, where demand is holding up better this year than…
The influential VC firm announced that it’s joining the small cadre of tech companies taking part in the ‘Dexit.’ Source link
X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard | ReutersEx-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she’s lost the blue checkmark next to her account name.The X Help Center notes that the site “may remove the checkmark of an account at any time without notice.”Yaccarino announced she was leaving the position on Wednesday. The blue checkmark that is bestowed upon verified, X Premium accounts is now gone.Yaccarino did not give a reason for…
Hearst said it had agreed to pay a 219% premium on Wednesday’s closing price for shares of DallasNews Corp. Source link
Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions.The price of the flagship cryptocurrency was last higher by about 2% at $113,267.39. Earlier, it rose as high as $113,863.18. Over the past 24 hours, $318 million in short liquidations have occurred across centralized exchanges, according to CoinGlass. When traders use leverage to short bitcoin and the cryptocurrency’s price rises, they buy bitcoin back from the market to close their positions, which pushes the price up and causes more positions to be…
Demand for fixed-income exchange-traded funds has surged in the past week, as U.S. government debt reversed outflows. Source link
It’s all aboard for Microsoft investors as the company rides the next train towards another major win. The news Microsoft will be the next megacap to hit a $4 trillion stock market value, according to Wedbush, which predicts it will happen “this summer.” Larger-scale artificial intelligence deals are accelerating, lead analyst Dan Ives wrote in a note to clients Thursday. “Many Microsoft customers [are] now focused on deploying enterprise use cases across a number of verticals with financials, government, and retail clear standouts,” he added. Even with Microsoft shares closing Wednesday at a record high of just over $503 each,…
Helen of Troy’s stock was tumbling toward a 14-year low Thursday, after the company said tariff-related impacts hurt consumer spending and led to a sales miss and a downbeat outlook. Source link