Nvidia (NVDA) stock slumps despite Q3 earnings beat

POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant’s third-quarter earnings failed to impress investors. Shares of the…

Volcano on Iceland’s Reykjanes Peninsula erupts for the 7th time in a year

GRINDAVIK, Iceland — A volcano erupted with lava spewing from a fissure on the Reykjanes Peninsula in southwestern Iceland late Wednesday evening. It was its seventh eruption since December. Iceland’s meteorological office that monitors seismic activity said Wednesday’s eruption occurred at 11:14 p.m. creating a fissure around 3 kilometers (1.8 miles) long, but estimated the…

Justice Department calls for break up of Google and sale of Chrome

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls…

Bitcoin climbs, reaching a new all-time high above $96,000

Bitcoin breached the $95,000 level for the first time Wednesday evening as investors continued pricing in a second Donald Trump presidency. The price of the flagship cryptocurrency was last higher by more than 2% at $96,463.00, according to Coin Metrics. Earlier, it rose as high as $96,566.67. Shares of MicroStrategy, a bitcoin proxy, gained 3%…

DOJ pushes for Google to break off Chrome browser after antitrust case

U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The…

US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls…

Class action lawsuit on AI-related discrimination reaches final settlement

Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her tenancy. That third-party service included an algorithm designed to score rental applicants, which became the subject of a class action lawsuit,…

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