Shopify shares soar 22% after earnings top expectations, upbeat forecast
The company said it saw strong demand for its services, which include software for online merchants, despite "a mixed consumer
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Reddit reports better-than-expected results for second quarter as digital ad market improves
Reddit reported better-than-expected results in the second quarter, boosted by data-licensing revenue. Source link
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Ex-Google engineers who founded Character.AI re-join company with new AI partnership
One of the founders previously criticized the tech giant for moving too cautiously to release AI products. Source link
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Google pulls AI ad for Olympics following backlash
Google was criticized for using artificial intelligence to write a fan letter to an Olympic athlete. Source link
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Amazon shares tumble after third-quarter outlook disappoints
The company is navigating slower sales in its core retail business, and said the chaotic news cycle was partly to
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Intel’s 22% share plunge drags down global chip stocks from TSMC to Samsung
Asian stocks including Samsung and TSMC closed lower as European chip firms including ASML also dropped. Source link
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Why not all semiconductor firms are benefitting from the AI boom like Nvidia has
Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor
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Amazon’s advertising business grew 20% in the second quarter
Amazon's online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analyst
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Snap shares plunge more than 20% on weak guidance
Snap issued a forecast for the third quarter that trailed analysts' estimates. Source link
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