Author: Jeffery Carter

(Bloomberg) — Shares of the world’s largest technology companies climbed in late hours on speculation that Nvidia Corp.’s earnings will help reignite the artificial intelligence-driven rally. Most Read from Bloomberg A $330 billion exchange-traded fund tracking the Nasdaq 100 (QQQ) rose after the close of regular trading. The giant chipmaker that’s seen as a barometer for AI gave an upbeat view of its highly anticipated Blackwell lineup, helping reassure investors after delivering good-but-not-great quarterly numbers. The shares climbed after whipsawing in the immediate aftermath of the results. The company got $11 billion of revenue from Blackwell in the fourth quarter,…

Humane’s Ai Pin, which promised to replace your smartphone with a sleek wearable device, is officially dead. After a rocky launch, negative reviews, and returns outpacing sales, the startup is shutting down and selling its assets to HP for $116 million — less than half of what it raised. But what’s next for Humane’s tech, and for the broader category of AI-powered wearables? Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha are breaking down the week’s tech and startup headlines, including what HP might do with Humane’s resources and talent and how, as Max put…

Signage outside the National Oceanic and Atmospheric Administration (NOAA) Center for Weather and Climate Prediction headquarters in College Park, Maryland, US, on Thursday, Dec. 5, 2024. The conservative Project 2025 roadmap calls for slashing NOAA funding at a time when China is investing heavily in climate research. Photographer: Michael A. McCoy/Bloomberg via Getty ImagesMichael A. McCoy | Bloomberg | Getty ImagesThe federal weather and oceans agency touches people’s daily lives in unnoticed ways, so massive firings there will likely cause needless deaths and a big hit to America’s economy, according to the people who ran it.The first round of firings…

German borrowing costs soarThe yield on Germany’s 10-year government bonds — known as bunds — surged on Wednesday, adding 21 basis points by 11:14 a.m. London time.Shorter-term government borrowing costs also rose, with yields on 2- and 5-year bunds climbing 14 and 19 basis points higher, respectively.It came after German lawmakers from parties widely expected to form a new coalition government agreed to work to reform the country’s debt brake rule in a bid to allow an increase in national defense spending.— Chloe TaylorLSEG CEO says listing challenges a global problemLondon’s listing problem isn’t limited to the capital, with weakness…

By Ross Kerber and Utkarsh Shetti (Reuters) – Deere (DE) investors voted overwhelmingly against a resolution aimed at its diversity, equity and inclusion efforts on Wednesday, continuing a pattern of shareholder distaste for anti-DEI measures despite Republican political pressure on executives. During a webcast of its annual meeting, executives with the farm equipment maker said only 1.3% of votes cast were in support of a resolution calling on the company to report on racial and gender hiring statistics “to prove it does not practice discrimination.” The resolution was filed by the National Legal and Policy Center, a conservative-leaning Washington think…

Apple Intelligence is heading to the Vision Pro as part of an upcoming operating system update. Apple confirmed on Friday that its generative AI platform will arrive on the extended reality headset as part of visionOS 2.4. A beta version of the software is currently available for developers. The public version is set for an April release. Like the iPhone and Mac before it, the Vision Pro will receive Apple Intelligence updates in waves. The first set includes several familiar offerings, focused primarily on generating text and images. The company sees the addition of features like Rewrite, Proofread, and Summarize…

The Paramount Global headquarters in New York on Aug. 27, 2024.Yuki Iwamura | Bloomberg | Getty ImagesParamount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC.In the memo sent to employees Wednesday, Paramount said it would comply with President Donald Trump’s executive order banning the practice in the federal government and demanding that agencies investigate private companies over their DEI programs.Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins cited the executive order in the memo, as well as the Supreme Court and federal mandates, as the impetus…

President Donald Trump’s plan to pull federal funding from institutions that provide gender-affirming care for transgender youth will remain blocked on a long-term basis under a federal judge’s ruling in Seattle late Friday.U.S. District Court Judge Lauren King previously granted a two-week restraining order after the Democratic attorneys general of Washington, Oregon and Minnesota sued the Trump administration — Colorado has since joined the case.King’s temporary order expired Friday, and she held arguments that day before issuing a preliminary injunction blocking most of Trump’s plan pending a final decision on the merits of the case. She rejected a portion of…

Who: India vs New ZealandWhat: ICC Champions Trophy 2025Where: Dubai International Stadium, Dubai, United Arab EmiratesWhen: Sunday, March 2 at 1pm (09:00 GMT)Follow Al Jazeera’s live coverage. India and New Zealand booked their Champions Trophy semifinal spots early in the 50-over tournament and will clash on Sunday in Dubai, with the winner topping Group A. South Africa topped Group B and will face the loser of Sunday’s match, while Australia finished second in that group and will face the winner of the final match of the group stage. India will come into the match after a six-day game break since…

A customer shops at a Costco store in San Francisco.Justin Sullivan | Getty ImagesWith sweeping U.S. tariffs going into effect, more Americans are concerned about the cost of goods and the possibility that prices will rise further in the months ahead.Those fears are causing some consumers to spend even more than they would otherwise.To that point, 19% of adults indicate they are “doom spending,” or making impulsive purchases driven by fear and anxiety about the future, according to a recent report by CreditCards.comMore from Personal Finance:How IRS layoffs could impact your tax filing, refundAs tariffs ramp up, here’s an investment optionDOGE’s FDIC…