Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum. Shares of the software maker surged 35% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI. Along with the…
French startup Mistral AI is exploring designing its own chips and may eventually develop them, CEO Arthur Mensch told CNBC. It is the first comment made by Mensch about Mistral’s semiconductor ambitions, underscoring how the company is looking to control more of its infrastructure as it competes with U.S. heavyweights OpenAI and Anthropic. “Of course,…
The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany’s headquarters. Sven Hoppe | Picture Alliance | Getty Images Amazon‘s top health-care boss will step down from his role and be replaced by the cofounder of telemedicine company Amwell on July 1, the company announced Wednesday. This is…
Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth. Taiwan’s Taiex stock index…
Steam cracker units at the BASF Zhanjiang Verbund site in Zhanjiang, Guangdong province, China, on Thursday, March 26, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber…
Interior Secretary Doug Burgum opened a new front Tuesday in the Trump administration’s public feud with the Vatican, dismissing Pope Leo XIV’s warning about artificial intelligence as the White House resists new guardrails on the rapidly evolving technology. “I didn’t know that tech editorializing was part of the role of being pope,” Burgum said in…
Nvidia is definitely one to watch this week. After reporting an absolute blowout last week, the Club name has traded lower. Early Tuesday, it was looking to bounce off Friday’s close of $215, before some pressure set in. Why does that matter? We know the fundamentals are as strong as ever at the AI chip…
Drew Houston, chief executive officer and co-founder of Dropbox Inc., smiles during The Wall Street Journal Tech Live conference in Laguna Beach, California, U.S., on Tuesday, Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon…
Ferrari unveiled the Ferrari Luce electric vehicle in the symbolic setting of the Vela di Calatrava, Città dello Sport in Rome in May, 2026. (Ferrari S.p.a.) Ferrari S.p.a. Shares of luxury carmaker Ferrari fell sharply on Tuesday morning, shortly after the company launched its first fully electric vehicle. The Maranello, Italy-based sports car manufacturer unveiled…
Still from Disney’s “Star Wars: The Mandalorian and Grogu.” Disney Walt Disney’s “The Mandalorian and Grogu” jettisoned into theaters Friday, marking the first time in seven years that a new Star Wars film has launched on the big screen. Sunday estimates indicated that the film, based on the hit Disney+ show “The Mandalorian,” surpassed initial box…
