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The benchmark S&P 500 index briefly hit a fresh record on Thursday after Nvidia's stellar results and forecast spurred the artificial intelligence-led rally this year.

Jack Dorsey-led Block Inc plans to cut 112 jobs on March 30, the fintech said in a legally mandated notice, as part of its previously disclosed plans to trim headcount and reduce costs, sending shares up over 2% before the bellon Thursday.

Wall Street's main indexes were set to open higher on Thursday after Nvidia's bumper results and forecast added to the artificial intelligence-led rally this year that has propelled Wall Street to record highs.

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ANSYS Inc ANSS reported fourth-quarter 2023 earnings of $3.94 per share, beating the Zacks Consensus Estimate by 6.5%. The bottom line improved 27.5% year over year.Non-GAAP revenues of $805.1 million topped the Zacks Consensus Es

Commerce Secretary Gina Raimondo has underscored the criticality of sustained investments in semiconductor manufacturing for the United States to reclaim its global leadership in the industry. Speaking at an Intel Corporation INTC

Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment

Take-Two Interactive Software’s TTWO Private Division, in collaboration with Evening Star, has launched Penny’s Big Breakaway across multiple gaming platforms.Developed by the creators of Sonic Mania, this dynamic 3D platformer in

Wall Street is particularly bullish about tech stocks now. Excitement about budding markets like artificial intelligence (AI) and easing inflation sent the Nasdaq-100 Technology Sector index up 47% since last February.

Futures tracking the tech-heavy Nasdaq jumped more than 2% on Thursday after Nvidia's bumper results and forecast added to the euphoria around artificial intelligence that has propelled Wall Street to record highs this year.

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Google is pausing its AI tool that creates images of people following inaccuracies in some historical depictions generated by the model, the latest hiccup in the Alphabet-owned company's efforts to catch up with rivals OpenAI and Microsoft.

Artificial intelligence (AI) technologies continue to advance at incredible speeds. Just a couple of years ago, OpenAI's DallE text-to-image platform was only capable of generating crude visuals. The program's output was an intriguing novelty and hinted at what was to come, but y

The Zacks Computer-Software Industry continues to stand out this earnings season with many of the stocks in the space topping their bottom line expectations including tech giant Microsoft MSFT. Accompanying Microsoft, 14 out of th

Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours.

Chip designer Nvidia forecast fiscal first-quarter revenue above estimates on Wednesday, banking on towering demand for its industry-leading artificial intelligence chips and improving supply chain dynamics.

Artificial intelligence experts and industry executives, including one of the technology's trailblazers Yoshua Bengio, have signed an open letter calling for more regulation around the creation of deepfakes, citing potential risks to society.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Netflix Inc (Symbol: NFLX), where a total of 50,333 contracts have traded so far, representing approximately 5.0 million underlying shares. That amounts to about 76.1% o

Intel said on Wednesday that Microsoft plans to use its services to manufacture a custom computing chip and that the company expects to beat an internal deadline of 2025 to overtake its biggest rival, Taiwan Semiconductor Manufacturing Co, in advanced chip manufacturing.