Call of Duty: Black Ops 6, the latest game from Activision, has become the company's biggest Call of Duty launch ever. Microsoft announced this during their earnings presentation on Wednesday. The game set a new franchise record for the number of players on release day and attracted many new subscri
Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Micro
Elon Musk's AI startup, xAI, founded just last year, is reportedly in early talks to raise billions of dollars. The new funding round could value the company at a whopping $40 billion. This comes just five months after a $6 billion funding round that valued xAI at $24 billion. Why the huge jump? Sil
Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an
Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit
Intel, a major player in the tech world, had a quarter that surprised everyone. Their shares jumped 9% after hours on Thursday due to better-than-expected revenue. Pat Gelsinger, Intel's CEO, has been facing a tough time with the company's performance, but the latest numbers brought some relief. The
Alright, let's talk about what's happening between Boeing and its machinists' union. They've just agreed on a new contract deal that could end a lengthy strike which began back in September. The union's asking its members to approve this deal, saying they've gotten as much as they can from negotiati
Uber saw a big drop in their shares, about 11%, after warning that their ride bookings might not grow as fast as investors hoped. This news came as the company said their ride bookings, a key way to measure how many people use their service, grew slower than expected in the third quarter. Shares of
Comcast, the parent company of NBC, is considering a big change. They might split off some of their cable networks, like MSNBC and CNBC, into a new company. This isn't because these networks are failing, but because the way people watch TV is changing. More people are streaming shows online instead
Chili’s Bar & Grill has turned its business fortunes around, thanks to some wallet-friendly menu additions. This Dallas-based chain, known for its signature baby back ribs and fajitas, recently reported a stunning 14% increase in same-store revenues and a 6. 5% boost in customer traffic. The key to
