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A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source
SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
The AI Trade Faces Its First Major Test With Nvidia Earnings
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source link
The Man at the Center of the Battle to Ban TikTok
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court. Source link
America's Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
Elon Musk's Latest Antics Have Some Asking: Is He Out of Touch?
The billionaire’s taunts of Mark Zuckerberg, his rival at Meta Platforms, are drawing cringes and questions. Source link
Schulman Having Bumpy Landing After Taking PayPal to New Heights
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link