Shares of Advanced Micro Devices jumped nearly 6% on Wednesday, after an upbeat AI chip sales forecast signaled the company was making progress in its bid to catch up with market leader Nvidia .
IQVIA Holdings cut its full-year profit forecast on Wednesday, citing weakness in demand for its analytics and medical technology solutions along with the impact of a stronger U.S. dollar.
Navigation equipment maker Garmin raised its annual sales forecast ahead of the crucial holiday shopping period as strength in its auto and fitness businesses drove third-quarter revenue above estimates, sending its shares up nearly 9%.
LinkedIn, the business-focused social network owned by Microsoft , on Wednesday said it now has more than 1 billion members and is adding more artificial intelligence features for paying users.
Apple Inc on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries in millions of iPhones by “throttling” them with software updates.
CDW reported third-quarter revenue below estimates on Wednesday on lower demand for the company’s information technology solutions as customers struggling with high borrowing costs cut back spending and defer projects.
Aurora Innovation on Wednesday opened its first lane for driverless trucks connecting Dallas and Houston, supported by its commercial trucking terminal in Houston, ahead of a launch in 2024.
Elon Musk said on Wednesday an inaugural AI Safety Summit in Britain wanted to establish a “third-party referee” that could oversee companies developing artificial intelligence and sound the alarm if they have concerns.
Splunk said on Wednesday it would lay off nearly 7% of its global workforce as the cybersecurity and cloud software company grapples with an uncertain macroeconomic environment.
