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Business

Inside the ‘Wormhole,’ Relativity Space’s monster factory

The exterior of “The Wormhole” factory. Relativity Space LONG BEACH, California – It was a few days into the new year yet Relativity Space’s factory was anything but quiet, a din of activity with massive 3D printers humming and the clanging of construction ringing out. Now about eight years on from its founding, Relativity continues […]

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Business

Tech stocks just finished a five-week rally — the longest stretch

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008, the […]

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Business

Biden administration expands EV tax credits in boost for Tesla,

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from […]

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Business

Amazon stock hit hardest after tech earnings bonanza, despite

Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Shares of Amazon fell as much as 5% on Friday, a day after the e-retailer […]

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Business

Apple telegraphed that things are getting better after a tough

Apple reported a tough December quarter on Thursday, including the company’s biggest quarterly revenue decline since 2016, along with sales drops in its iPhone, Mac and wearables businesses. At first, investors didn’t like the results, with Apple shares dropping as much as 4% in extended trading. But the stock had a brief rally after Chief […]

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Business

Qualcomm revenue falls 12%, guidance implies more pain this

Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares rose by as much as 4% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance. Here’s how the company did: Earnings: $2.37 per share, adjusted, vs. $2.34 per share as expected […]

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Business

ChatGPT introduced AI to the masses and it’s already affecting us

In just a couple of months, the question-and-answer chatbot ChatGPT has become so popular that it’s not unusual for users to see a message saying it’s at capacity and can’t handle any more queries. According to UBS, ChatGPT was averaging about 13 million visitors per day by the end of January. OpenAI, the San Francisco-based […]

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Life Style

NIIT, HDFC Bank launch training program for relationship

Private bank HDFC has partnered with talent development company NIIT to train students for a virtual relationship management role in the banking sector. This four-week program seeks to build advanced sales skills among the students for acquiring new customers for multiple products and services.   Any graduate or postgraduate with up to two years of […]

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Technology

Apple’s Earnings Are Just Ahead. The Focus Will Be on iPhone

Text size Demand for laptop computers and other consumer electronics has weakened. Alejandro Cegarra/Bloomberg Expectations are muted for Apple ‘s financial results, particularly given recent production issues in China, but other crosscurrents make the report a little difficult to call. The single biggest issue Apple will need to address in its December quarter report, due […]

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Technology

5 Star Stories: Artificial intelligence at MoSH

MEMPHIS, Tenn. (WMC) – Artificial intelligence has become a part of our everyday lives. But, its history actually dates back thousands of years. A new exhibit at the Museum of History and Science (MoSH) takes visitors on a trip through that history, as well as its future. In our quest to showcase the people, places […]