Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week.
Reddit said on Monday it has struck deals with sports leagues, including the National Basketball Association and the National Football League, in an attempt to boost revenue.
Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth straight quarter of double-digit growth, driven by steady demand for its artificial intelligence-powered cloud computing services and an uptick in the ad market.
Delta Air Lines canceled more than 600 flights on Monday, as the U.S. air carrier continued to struggle to restore operations after last week’s global cyber outage, even as other airlines were recovering from the incident.
Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said.
Tesla’s second-quarter margin hit a more than five-year low, the electric vehicle maker is likely to report on Tuesday, and its CEO Elon Musk is expected to double down on the company’s robotaxi plans and AI products.
Verizon Communications missed quarterly revenue estimates on Monday due to slow phone upgrades in the United States, taking the shine off strong growth in wireless subscribers and sending shares of the telecom firm down 3.4% before the bell.
Asia’s first inverse bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday.
Tesla will have humanoid robots in “low production” for the company’s internal use next year, CEO Elon Musk said on Monday, months after he announced a rollout by the end of 2024.
A South Korean court began reviewing on Monday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp , on accusations of stock manipulation during a 2023 acquisition.
