Alibaba Leads Record Deal to Mint $2.5 Billion China AI Firm
The Chinese tech giant led a $1 billion funding round in Moonshot AI, valuing the year-old firm at $2.5 billion. Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the la.....»»
NASA hasn’t landed on the Moon in decades—China just sent its third in six years
China is going. NASA is talking about going. What gives? Enlarge / A Long March 5 rocket carrying the Chang'e-6 lunar probe blasts off from the Wenchang Space Launch Center on May 3, 2024 in Wenchang, China. (credit: Li Zhenzhou/.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
NOAA reports continued drop in overfishing
In a report released May 2, NOAA Fisheries announced that 2023 saw a record low for the number of fish stocks subject to overfishing. The annual "Status of the Stocks" report is an assessment of the 506 stocks and stock complexes managed by NOAA Fish.....»»
Final U.S. rules extend timetable for critical mineral sourcing in EV tax credit eligibility
The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China......»»
Analysis paralysis - hot takes from investment firms in the wake of Apple earnings
Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
The 1TB Samsung 990 EVO SSD is SUPER CHEAP at just $80!
If you want to give your PC a bit of a speed boost, then check out this deal for the 1TB Samsung 990 EVO SSD! The post The 1TB Samsung 990 EVO SSD is SUPER CHEAP at just $80! appeared first on Phandroid. If you haven’t upgraded your PC i.....»»
China sends a probe to get samples from the less-explored far side of the moon
China on Friday launched a lunar probe to land on the far side of the moon and return with samples that could provide insights into differences between the less-explored region and the better-known near side......»»
China is sending a probe to get samples from the less-explored far side of the moon
China is preparing to launch a lunar probe Friday that would land on the far side of the moon and return with samples that could provide insights into geological and other differences between the less-explored region and the better-known near side......»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Grab the OnePlus 12R for up to $70 Off!
Get the 12R with this awesome deal! The post Grab the OnePlus 12R for up to $70 Off! appeared first on Phandroid. As far as premium Android phones go, the OnePlus 12R is one of the more tempting choices on the market right now, both in ter.....»»
Centipedes used in traditional Chinese medicine offer leads for kidney treatment
A venomous, 8-inch centipede may be the stuff of nightmares, but it could save the life of those affected by kidney disease. Researchers report in the Journal of Natural Products that the many-legged critter—used in traditional Chinese medicine—c.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»
Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»