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Results for "Markets" 36 stories
A dark, empty boardroom with a spotlit vacant chair at the head of a long table and a cracked glowing green microchip in the centre
Technology

Nvidia's Board Weighs Ousting Jensen Huang After Second Affair Report

Directors met late Wednesday as shares sank more than 8% after hours, with CFO Colette Kress reportedly favoured by some as interim CEO

Nvidia's board met to decide whether to remove CEO Jensen Huang after a report of a second affair, this time with a direct report....

#Nvidia #Jensen Huang #AI Chips
Entro · 6 min
Rows of glowing server racks in a dark data centre with a bright green chart line rising sharply upward
Business

CoreWeave Calms AI Bubble Fears: Revenue Soars 168%, Profit Promised by 2028

The Nvidia-backed AI cloud raised its forecasts, pledged no new parent-level unsecured debt at current yields and saw its battered shares jump more than 13% premarket

CoreWeave's Q3 revenue jumped 168% to $3.66 billion, it raised 2026 guidance and targeted adjusted profit in the first half of 202...

#CoreWeave #AI Infrastructure #Earnings
Entro · 5 min
A glowing chat bubble containing a small shopfront with a striped awning and a blue verified check, surrounded by smaller chat bubbles
Technology

OpenAI Opens ChatGPT to Brands: Claim Your Profile, Launch Your Own AI Sales Agent

The new Business Hub lets companies verify listings, update product feeds and see engagement insights, while US e-commerce firms can publish branded Business Agents

OpenAI launched Businesses in ChatGPT in beta, letting companies claim verified profiles and see aggregated insights, plus Busines...

#OpenAI #ChatGPT #AI Agents
Entro · 4 min
A glowing AI processor chip with circuit traces rising above a night-time harbour skyline, with an upward trend line
Business

Alibaba Readies Hong Kong IPO for T-Head, Its Homegrown AI Chip Unit

The Hong Kong exchange has cleared Alibaba to spin off its chip designer, which filed confidentially in September. Reports put the deal at $2 billion to $3 billion.

Alibaba has the Hong Kong exchange's go-ahead to spin off and list T-Head, the maker of its Zhenwu AI chips. The size and timing o...

#Alibaba #T-Head #IPO
Entro · 6 min
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A rising green stock chart line crossing a falling amber oil price line, with an amber oil drop on a dark trading grid
Business

Wall Street Roars Back as Oil Plunges on Trump's Iran Signal, With CPI Up Next

The S&P 500 posted its best day since April and chip stocks soared as Brent sank to late-August lows; only Nvidia missed out

US stocks had their best day since April as Brent crude fell more than $7 after Trump downplayed new Iran strikes. Asia extended g...

#Stock Market #Oil Prices #Wall Street
Entro · 5 min
A gloved hand holding an iridescent silicon wafer in a cleanroom with the Tokyo skyline at dusk behind
Business

Mitsui Chemicals Bets $11.6 Billion on JSR to Build Japan's Chip-Materials Giant

The 1.84 trillion yen deal with the Development Bank of Japan is the biggest in the sector, but Mitsui's shares tumbled on the debt it will take on

Mitsui Chemicals and the Development Bank of Japan will buy photoresist maker JSR from state fund JIC for 1.84 trillion yen, creat...

#Mitsui Chemicals #JSR #Semiconductors
Entro · 4 min
An empty corporate boardroom at night with a closed folder on the table and a glowing green chip design over the city skyline
Technology

Nvidia's Board Opens Independent Probe Into Jensen Huang as CEO Admits Affair

Independent directors and outside counsel will examine reports that Huang was targeted by a foreign intelligence effort, while he vows to stay on as CEO

Nvidia's board launched an independent investigation into reports that CEO Jensen Huang was targeted by foreign intelligence. Huan...

#Nvidia #Jensen Huang #AI Chips
Entro · 5 min
Illustration of a data center corridor where server racks on one side glow blue while racks on the other side dim to amber, beneath a cloud of light
Technology

Microsoft Pulls the Plug on Oracle AI Deal as It Thins Out Its Neocloud Partners

Bloomberg and CNBC report Microsoft is winding down rented Oracle AI capacity and shrinking its roster of GPU-rental partners to favour its own data centers.

Microsoft is reportedly winding down a 2023 deal to rent AI computing from Oracle and trimming its list of neocloud partners like...

#Microsoft #Oracle #AI Infrastructure
Entro · 6 min
Illustration of a drawn bow and arrow silhouetted against a glowing sun and saffron sky, above temple spires and a row of lit diyas
Entertainment

Ramayana Storms Past ₹221 Crore Worldwide in Two Days as Diwali Weekend Begins

Ranbir Kapoor, Yash and Sai Pallavi's epic crosses ₹100 crore net in India and ₹86 crore overseas, with a ₹500 crore weekend in sight

Ramayana: Rise of a Legend has grossed ₹221.05 crore worldwide in two days, crossing ₹100 crore net in India as the Diwali weekend...

#Ramayana #Box Office #Bollywood
Entro · 5 min
AI-generated editorial illustration: a film diary phone resting on a cinema seat
Entertainment

Letterboxd’s Next Chapter? New York Times Talks Put Film Fans in the Spotlight

Reported $330 million discussions remain unfinished, but they highlight the growing value of communities built around movie discovery.

Reported $330 million discussions remain unfinished, but they highlight the growing value of communities built around movie discov...

#Letterboxd #New York Times #Film
Entro · 4 min
Rising green light trails over a circuit-board city skyline
Business

Chip Stocks Snap Back as Wall Street Digests the AI Selloff

Semiconductors led a Friday rebound after midterm jitters wiped out trillions in market value, even as weekly losses stuck.

Chip stocks rallied as the Nasdaq rose 1.1% on Friday, recovering from an AI regulation scare after Democratic midterm wins.

#Wall Street #Semiconductors #AI stocks
Entro · 2 min

Showing 21–36 of 36 stories