Author: Editor-In-Chief

Nvidia has laid another brick in its AI empire. The company’s corporate VC fund, NVentures, reportedly backed Legora, the company’s first legal AI investment. The Swedish-born legal tech startup, which uses AI to help lawyers work more efficiently, is competing with US player Harvey. NVentures joins Atlassian and other new financial investors on Legora’s cap table as part of a $50 million Series D extension, one month after Legora’s $550 million Series D extension. During that time, the Y Combinator alum surpassed $100 million in annual recurring revenue (ARR). This is a milestone that contributed to its new $5.6 billion…

Stock chart iconStock chart iconMonarch Casino & Resort’s year-to-date stock performance. Monarch Casino & Resort: “I don’t know about that casino… I think you should look into Monarch. I’m going to… figure out why this stock has had such an incredible rise.”Stock chart iconStock chart iconSiena’s stock price performance year-to-date. siena: “I think 100% up is a little too hot for me, so I have to hold back.”Stock chart iconStock chart iconApplied Digital’s year-to-date stock performance.applied digital: “The problem is that you have stocks that aren’t making profits in a market where a lot of people are making profits and…

Intel CEO Lip Vu Tan speaks at the company’s annual manufacturing technology conference in San Jose, California, USA on April 29, 2025.Laure Andrillon | ReutersIntel has enjoyed an unparalleled winning streak since becoming one of the first companies to list on the Nasdaq nearly 55 years ago. The company’s stock soared 114% in April, completing its best month ever.For Intel, it was a huge rally. Intel has enjoyed two of its best days ever in the past seven months, including a 24% rise on April 24 following an explosive earnings report. On that day, stock prices hit a record high…

Rep. Jim Jordan (R-Ohio) speaks to reporters as he arrives to attend the House Republican Conference at the Capitol on March 6, 2024 in Washington, DC. Kent Nishimura | Getty ImagesThe House of Representatives on Thursday voted 261-111 to extend the controversial foreign surveillance program for 45 days, the vote coming just before the program’s expiration date.The Senate passed the bill unanimously on Thursday, and it will then go to President Donald Trump for his signature. The President called on Congress to reauthorize the program.Section 702 of the Foreign Intelligence Surveillance Act of 1978 allows the government to collect communications…

Nottingham Forest’s Chris Wood’s penalty gave them a 1-0 advantage over Aston Villa in the Europa League semi-final first leg after a VAR play at the City Ground.Despite the authorities initially awarding Villa a goal kick, Lucas Digne was ruled to have handballed inside the penalty area. Replays showed the ball was still in play when Omari Hutchinson hooked it onto the Frenchman’s floating arm. image: Aston Villa’s Lucas Digne handles the ball inside the penalty area Wood’s spot-kick was too strong for Emiliano Martinez. Aston Villa’s goalkeeper, who made a sensational stop in the first half, was finally brought…

Apple’s iPhone sales and services revenue was the star of the tech giant’s latest quarter, but Macs quietly outperformed it, helped by growing demand for AI workloads. Wall Street investors had expected Mac sales to be in the low $8 billion range, but Apple reported $8.4 billion in the second quarter ended March 28. That’s a remarkable number for a non-core division of the tech giant’s business. Additionally, profit-forward investors believed that Mac sales would be essentially flat year-over-year. Instead, Mac sales rose 6% on an annual basis, the company told investors. The company’s total revenue was $111.2 billion, an…

Korean benchmark Kospi index The company rose about 31%, its biggest monthly gain since January 1998, on a rally in tech stocks that helped markets avoid geopolitical tensions in the Middle East.The index’s strong gains were driven primarily by optimism about the artificial intelligence boom, with semiconductor giants SK Hynix and Samsung Electronics leading the way, rising 60% and 35% month-on-month, respectively. HSBC last week upgraded South Korea to “neutral” from “underweight,” saying recent foreign capital outflows have helped ease crowded market positioning and reduce downside risks from geopolitical volatility.HSBC said that beyond major semiconductor manufacturers, broader growth themes in…

Steve Huffman, co-founder and CEO of Reddit, speaks at the WSJ Tech Live conference hosted by the Wall Street Journal at Montage Laguna Beach in Laguna Beach, California on October 21, 2024.Frederick J. Brown | AFP | Getty Imagesreddit reported better-than-expected profits and sales in its first-quarter earnings report on Thursday, and also issued an optimistic outlook. Shares rose 6% in extended trading. Here’s how LSEG’s estimates compare to the company’s performance.Earnings per share: $1.01 vs. 58 cents expected Earnings: $663 million vs. $611 million expectedRevenue for the quarter was up 69% from $392 million in the same period last…

President Donald Trump says Tennessee will redraw its electoral maps following a U.S. Supreme Court ruling that gutted key provisions of the landmark U.S. Voting Rights Act.The Supreme Court’s decision on Louisiana’s electoral map has far-reaching implications across the country, but it also has implications for the broader electoral landscape.The move would remove some race-related restrictions on how Congressional district maps are drawn, prompting calls from Republicans to overhaul redistricting in several states ahead of the resulting November midterm elections.The changes come amid near-unprecedented redistricting that began last year as President Donald Trump ramped up pressure on Texas to redraw…

Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As the Dow Jones Industrial Average falls for the fifth day in a row, CNBC TV producers take a look at what they’re watching and what they’re eyeing next. Eli Lilly and Company CEO David Ricks will join “Squawk Box” at 7 a.m. ET after the pharmaceutical giant reports its quarterly numbers. The stock price has fallen about 17% in the past three months. Lilly is…