technology News

GoPro Shares Jump 9% on AI Video Licensing Venture
Technology
7mo ago

GoPro Shares Jump 9% on AI Video Licensing Venture

Company's new program to monetize user content for training AI models shows strong initial adoption, signaling a potential new revenue stream.

MongoDB Shares Soar Over 22% on Strong Earnings, AI Demand
Technology
7mo ago

MongoDB Shares Soar Over 22% on Strong Earnings, AI Demand

Database firm boosts full-year forecast as its Atlas cloud platform sees accelerating growth, capitalizing on the boom in artificial intelligence applications.

VCI Global Shares Soar After Securing $22 Million AI Contract
Technology
7mo ago

VCI Global Shares Soar After Securing $22 Million AI Contract

The deal for a sovereign AI platform, nearly matching the firm's market cap, sent shares up more than 25% on heavy trading volume.

Alphabet Shares Hit All-Time High on AI, Cloud Momentum
Technology
7mo ago

Alphabet Shares Hit All-Time High on AI, Cloud Momentum

Tech giant secures major government and Meta deals, as strong cloud growth and favorable Fed comments fuel investor optimism.

NVIDIA Shares Climb on New AI Tech and China Sales Optimism
Technology
7mo ago

NVIDIA Shares Climb on New AI Tech and China Sales Optimism

Company unveils Spectrum-XGS Ethernet for giga-scale AI data centers ahead of closely watched Q2 earnings report.

CoreWeave Shares Climb After Jane Street Discloses 5.4% Stake
Technology
7mo ago

CoreWeave Shares Climb After Jane Street Discloses 5.4% Stake

The trading giant's investment offers a vote of confidence after the AI cloud provider's stock had slid from its post-IPO highs.

Palantir Stock Plummets 9% After Citron Research Calls It Overvalued
Technology
7mo ago

Palantir Stock Plummets 9% After Citron Research Calls It Overvalued

Short-seller's bearish report and a wider tech sector downturn pressure the AI software firm's high-flying shares.

SoFi Rises After Unveiling Bitcoin-Powered Remittance Service
Technology
7mo ago

SoFi Rises After Unveiling Bitcoin-Powered Remittance Service

Partnership with Lightspark will leverage the Lightning Network for faster, cheaper international money transfers, hitting shares of rival Western Union.