ASML, a Dutch semiconductor company, recently reported second-quarter earnings and sales that exceeded expectations. With a focus on artificial intelligence chips, the demand for ASML’s semiconductor manufacturing equipment has been on the rise. Net sales for the quarter were recorded at 6.24 billion euros, surpassing the expected 6.03 billion euros. Similarly, net profit came in
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In a recent turn of events, Craig Wright, the Australian man who famously claimed to be the inventor of bitcoin, has found himself in hot water. After a High Court ruling in London, Wright has been referred to British prosecutors for allegedly committing perjury. This has cast doubt on his long-standing claim to be the
Apple recently unveiled a preview version of its upcoming iPhone update, iOS 18. This release is a public beta version set to coincide with the launch of the new iPhones in the fall. The purpose of this preview is to allow both Apple enthusiasts and developers to test out the latest features and to identify
The recent surge in the prices of Coinbase, MicroStrategy, and Riot Platforms can be directly attributed to the rise in Bitcoin’s value. As investors witnessed Bitcoin reaching a two-week high, they quickly piled into crypto companies, hoping to capitalize on the upward trend. The price of Bitcoin has been on the rise following the attempted
Artificial Intelligence (AI) has been making waves not only in the tech sector but also in the food industry. This innovative technology is being increasingly utilized in various aspects of the food industry, from self-checkout kiosks to AI-driven ordering systems in drive-thru lanes. As consumers navigate through rising food prices and changing spending habits, the
Elon Musk’s public endorsement of Donald Trump immediately after a potentially life-threatening incident raises eyebrows. The timing of Musk’s endorsement, coming right after Trump was rushed off stage due to gunshots at a rally, seems calculated and somewhat insensitive. While it is one thing to express support for a political figure, doing so right after
When Brandon Fishman decided to offer a discount on his vitamin-infused coffee during Target’s weeklong deals event, he did not anticipate the negative repercussions it would have on his Amazon sales. The decision to lower the price of his product resulted in a significant drop in sales on Amazon, putting his business at risk. Amazon’s
As commercial space flight becomes increasingly common, more companies are entering the market to offer paid customers the opportunity to travel into space. Names like SpaceX, Blue Origin, and Virgin Galactic have made headlines in recent years for their efforts in this space. Now, new startups like France-based Zephalto, Florida-based Space Perspective, and Arizona-based World
Samsung’s mobile chief recently revealed to CNBC that the company is working on developing its suite of artificial intelligence features, Galaxy AI, specifically for the Chinese market. This move comes as Samsung aims to regain market share that has been significantly impacted by local players in China. Despite launching Galaxy AI this year with its
The European Union antitrust regulators recently concluded a four-year investigation into Apple’s tap-and-go payments technology by accepting commitments from the tech giant. This decision was made to address concerns surrounding the potential restriction of competition within the mobile wallets market on iPhones. Apple committed to allowing access to its tap-and-go payments technology to rivals, including