Reddit’s Sees First Ever Profit as Explosive User Growth and AI Tools Help it Soar

Analyst sees an underappreciated growth driver for Costco that could last at least 50 years

Bernstein initiated coverage of the retail giant with a buy-equivalent rating.

Business - CNBC - October 22

DataStax looks to help enterprises stuck in AI ‘development hell’, with a little help from Nvidia

DataStax looks to improve enterprise AI production deployment with Nvidia, using Langflow as the center for building agentic AI workflows.

Tech - VentureBeat - October 15

Jets became first NFL team ever to lose when posting this stat line

The Jets made history in Sunday's game against the Patriots, but it was the kind you don't want to be associated with.

Sports - Yahoo Sports - 2 days ago

Global gold demand tops $100 billion for first time ever in third quarter

Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold ...

Business - MarketWatch - 21 hours ago

Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market

Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a ...

Tech - ABC News - October 17

BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline

Business - MarketWatch - Yesterday

Georgia sees record voting on the first day of in-person early voting

Trump to rally in Atlanta while Harris interviews in Detroit

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Business - CNBC - 6 days ago

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence

Tech - ABC News - 3 hours ago

Google to buy nuclear power for AI datacentres in ‘world first’ deal

Tech company orders six or seven small nuclear reactors from California’s Kairos Power. Business live – latest updates Google has signed a “world first” deal to buy energy from a fleet of ...

World - The Guardian - October 15

Nvidia’s stock sets one record but falls short of another

While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.

Business - MarketWatch - October 17

Filmmakers Are Worried About AI. Big Tech Wants Them to See ‘What's Possible’

Amazon is hosting AI filmmaking competitions. Meta is letting directors test Movie Gen. As tech companies develop new tools, they need filmmakers to show they can be used responsibly.

Tech - Wired - October 17

Archetype AI’s Newton model learns physics from raw data—without any help from humans

Archetype AI's 'Newton' model learns physics from sensor data, promising breakthroughs in industrial applications and scientific discovery.

Tech - VentureBeat - October 17

Stratospheric, AI-enabled robotic cameras on balloons could help you get your insurance claim check faster

Near Space Labs, a Brooklyn, New York-based startup, invented stratospheric, AI-enabled robotic cameras that fly on weather balloons.