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Daniel Howley / Yahoo Finance: Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% to $30.8B, vs. $29B est., and forecasts Q4 revenue above estimates -
Michael Liedtke / Associated Press: Filing: DOJ asks judge to force Google to sell Chrome, restrict Android from favoring Google's search engine, ban default search deals on iOS and other devices -
Brian Fung / CNN: As part of its proposed remedies, the US DOJ says Google should be required to syndicate its US search results to other rival search engines for the next decade -
Leah Nylen / Bloomberg: Filing: the US DOJ's proposal requires Google to allow websites more ability to opt-out of its AI products and provide more ad placement controls to advertisers -
Matt Swayne / The Quantum Insider: Google researchers introduce AlphaQubit, a machine-learning decoder that surpasses existing methods in identifying and correcting quantum computing errors -
Larry Dignan / Constellation Research: Snowflake reports Q3 revenue up 28% YoY to $942.09M, vs. $898.46M est., unveils a deal with Anthropic to bring Claude to Cortex AI; SNOW jumps 18%+ after hours -
Wall Street Journal: Sources: xAI has told investors it raised $5B in a funding round valuing it at $50B and that its revenue has reached $100M on an annualized basis -
Bloomberg: Sources: Trump's team is talking with the crypto industry over whether to create a White House post dedicated to cryptocurrency policy and is vetting candidates -
Sara Fischer / Axios: Adtech company The Trade Desk announces Ventura, a smart TV operating system, and plans to partner with TV manufacturers for its rollout, expected in H2 2025 -
Sarah Perez / TechCrunch: Threads begins rolling out the ability to create custom feeds globally, giving users options beyond “For You” and “Following” feeds -
Claudia Assis / MarketWatch: Palo Alto Networks reports Q1 revenue up 14% YoY to $2.14B, vs. $2.12B est., and projects FY 2025 sales in line with estimates; PANW drops ~5% after hours -
Mackenzie Hawkins / Bloomberg: The Biden admin finalizes $1.5B CHIPS Act incentives for GlobalFoundries, meaning it can start receiving federal funding for facilities in Vermont and New York -
Kyle Wiggers / TechCrunch: OpenAI releases a free online course for K-12 teachers to integrate ChatGPT into their classrooms, but some educators remain skeptical about the technology -
Margi Murphy / Bloomberg: US prosecutors charge five alleged members of the Scattered Spider hacking group for their role in the hacks of 29+ individuals and theft of $11M+ in crypto -
Kyle Wiggers / TechCrunch: Chinese AI company DeepSeek unveils DeepSeek-R1-Lite-Preview, a “reasoning” AI model that it claims is competitive with OpenAI's o1, and plans to open source it -
Sarah Wynn / The Block: A US judge sentences FTX co-founder Gary Wang to “time served”, meaning no jail time; Wang pleaded guilty in December 2022 to fraud charges after FTX collapsed