Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset, taking a page out of MicroStrategy’s playbook. The company, which develops products used in the detection of peripheral arterial disease, also announced a purchase of 581 bitcoins for about $40 … Read more
Elon Musk attends the 2024 Breakthrough Prize Ceremony at Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. Taylor Hill | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more
Dr. Joshua Bederson places Precision Neuroscience’s electrodes onto a brain. Ashley Capoot As the lights dimmed in an operating room at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson prepared to make history. Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, is no stranger to long hours … Read more
BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images PARIS — Chinese electric carmakers are pushing ahead with expansion into Europe, even as politicians raise the possibility of high tariffs on vehicles from the world’s … Read more
Shares of Nvidia surged to record highs Thursday, following the artificial intelligence chip giant’s after-the-bell quarterly results that effortlessly smashed quite possibly the highest bar ever set heading into an earnings release. While known for sizeable pullbacks in the past, the upward trajectory of Nvidia’s stock last year and this year cannot be denied. So, … Read more
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images PARIS— Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on … Read more
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla could use more of high-profile CEO Elon Musk’s divided focus at a critical juncture for the electric … Read more
In what was the most anticipated quarter this earnings season, Nvidia far outpaced lofty expectations on the top and bottom lines. Even better was a big revenue guide and a broader vision from CEO Jensen Huang that reinforced the notion that companies and countries are partnering with the AI chip powerhouse to shift $1 trillion … Read more
Nvidia‘s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors. Now, Nvidia is signaling to investors that the customers spending billions of dollars on its chips will be able to make money off AI, too. … Read more
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Nvidia announced a 10-for-1 forward stock split in its fiscal first-quarter earnings report on Wednesday. The shares will begin trading … Read more
