EU News Digest Latest News & Updates
Chesnot Getty Images A gamer plays a video game with the Graphic card GeForce during the ‘Paris Games Week’on October 27, 2016 in Paris, France. Nvidia shares fell steeply after the chipmaker gave weak fourth quarter revenue guidance when it reported third-quarter earnings after the close on Wednesday. “After many …
Read More »Monthly Archives: November 2018
Nvidia stock falls on revenue and guidance miss
David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., holds a Nvidia Volta 125 Teraflops per second (TFLOPS) Tensor Core as he speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. …
Read More »BlackBerry to buy cybersecurity firm Cylance for $1.4 billion
SeongJoon Cho | Bloomberg | Getty Images John Chen, chief executive officer of BlackBerry Ltd., holds the BlackBerry Priv smartphone. BlackBerry said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit which makes software for next-generation …
Read More »David Hockney painting sells for a record $90 million
Don Emmert | AFP | Getty Images A crowd of people attend the sale where David Hockney’s Portrait of an Artist (Pool with Two Figures) is displayed at Christie’s in New York. A painting by British artist David Hockney has sold for more than $90 million — a world record …
Read More »Here’s a list of when retailers will be open
Retailers are gearing up for shoppers to turn up in droves this holiday season, with sales for the industry expected to climb more than 4 percent from a year ago, topping $700 billion. And during the holidays, many shoppers will take advantage of key shopping days like Black Friday and …
Read More »ECB Draghi hints at a possible dip for inflation
Ralph Orlowski | Reuters European Central Bank (ECB) President Mario Draghi addresses a news conference at the ECB headquarters in Frankfurt, Germany July 20, 2017. Mario Draghi, the president of the European Central Bank (ECB), hinted at the possibility of inflation not rising as quickly as expected due to euro …
Read More »Huawei aims to overtake Samsung as No. 1 smartphone player by 2020
Huawei CEO Richard Yu gives a press conference to present the new Huawei Balong 5G01, a 3GPP 5G commercial chipset on February 25, 2018 in Barcelona, on the eve of the inauguration of the Mobile World Congress (MWC). Earlier this year, six top U.S. intelligence officials warned American consumers not …
Read More »David’s Bridal to file for Bankruptcy
Jeenah Moon | Bloomberg | Getty Images A pedestrian passes in front of a David’s Bridal Inc. store in New York, U.S., on Wednesday, Nov. 14, 2018. Wedding dress retailer David’s Bridal said on Thursday it will file for bankruptcy in the “near future,” as it grapples with a heavy …
Read More »Stocks making the biggest moves after hours: Nvidia, Sonos and more
Tyrone Siu | Reuters Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Check out the companies making headlines after the bell: Nvidia shares plummeted as much as 16 percent during after-hours trading Thursday after the company missed …
Read More »Facebook board pushed Zuckerberg and Sandberg on Russia interference
Chesnot | Getty Images Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Facebook’s board said Thursday it pushed CEO Mark Zuckerberg and second-in-command Sheryl Sandberg to “move faster” on investigating …
Read More »