Nvidia's strong earnings report led to major market gains, with the Nasdaq and S&P 500 surging on Thursday, driven by optimism about the ongoing AI rally.
Sectors
Delivery of Boeing's KC-46 Tanker to US Air Force Delayed Due to Refueling Boom Issues
The US Air Force revealed that Boeing has paused its delivery of KC-46A airborne tankers due to what the company said was an issue about a broken part of the aircraft’s refueling boom.
PC Pioneer Chester Gordon Bell Dies at 89
The family of personal computer pioneer Chester Gordon Bell announced his death on May 17. Chester Gordon Bell, who pioneered the era of more powerful personal computers in smaller and more portable frames in the 1960s, died on May 17 at the age of 89.
Elon Musk Distances Tesla from Biden's 100% Tariff on Chinese EVs, Claims Company's Competitive Edge Without Incentives
Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.
Samsung's HBM Chips Face Setbacks in Nvidia's AI Processors Due to Heat Issues
Samsung's latest high bandwidth memory chips have failed Nvidia's AI processor tests due to heat and power consumption issues, affecting both current HBM3 and upcoming HBM3E models.
Latest News
Australian media outlet Nine Network has appointed Fiona Dear as its new director of news and current affairs, replacing dismissed news director Darren Wick over his alleged sexual harassment of female staff.
The US Department of Justice and several states are reportedly set to file an antitrust lawsuit against Live Nation, the owner of Ticketmaster, as early as Thursday.
Allegations of racism prompted the West Bromwich Albion Football Club to suspend one employee and initiate an inquiry
British tech tycoon Mike Lynch is set to testify in his own criminal fraud trial in a San Francisco court on Thursday.
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
Nebraska Attorney General Mike Hilgers sued TikTok, alleging that it is addictive and unsafe for youth, contributing to their mental health crisis.
TikTok is leaning on generative AI to boost its digital advertising business. TikTok is leaning on generative AI to boost its digital advertising business.
Nvidia reported a stronger-than-expected first quarter revenue forecast, including an announcement of a stock split after its shares reached the $1,000 mark.
Walmart plans to invest around $700 million in Guatemala over the next five years. Walmart is set to invest around $700 million in Guatemala over the next five years, the company's Central America head, Cristina Ronski, announced on Wednesday.
