generic After-hours action: Nvidia
Nvidia stock has dropped around 5% after hours. Yahoo Finance's Seana Smith, Jen Rogers and Myles Udland report.
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Nvidia stock has dropped around 5% after hours. Yahoo Finance's Seana Smith, Jen Rogers and Myles Udland report.
TikTok and its Chinese parent company ByteDance are suing the U.S. federal government to challenge a law that would force the sale of ByteDance's stake or face a ban, saying that the law is unconstitutional. The popular social video company alleged the law, which President Joe Biden signed as part of a larger $95 billion foreign aid package, is so “obviously unconstitutional” that the sponsors of The Protecting Americans From Foreign Adversary Controlled Applications Act are trying to portray the law not as a ban, but as a regulation of TikTok's ownership. The law requires TikTok’s parent, ByteDance, to sell the platform within nine months.
Rescue workers said on Tuesday they had made contact with 11 people under the rubble in a race to save dozens still unaccounted for after a building collapsed in the South African city of George killing at least six.Forty-seven people were still unaccounted for, including the 11 with whom contact had been established.
Ohio House leaders unveiled a proposal on Tuesday that would change the certification deadline to 74 days before the Nov. 5 election.
Donald Trump demanded that federal prosecutors reveal details about how they handled boxes seized during a search of his Florida home in 2022 as he seeks to delay the case accusing him of illegally holding onto classified documents, according to a court filing made public on Tuesday. The new demands came after prosecutors working with Special Counsel Jack Smith acknowledged in a court filing on Friday that material in some of the boxes is not in the same order as it was when it was analyzed shortly after the August 2022 search. That admission was contrary to what prosecutors had previously told U.S. District Judge Aileen Cannon, a Trump appointee who is overseeing the case.
New proposed federal rules governing marijuana has so far failed to spark fresh buying interest in exchange traded funds (ETFs) tracking the shares of North American cannabis companies, despite strong performance this year. Marijuana ETFs and cannabis stocks shot higher last week after the U.S. Justice Department said it plans to reclassify marijuana as a less dangerous drug. Big gainers included the Roundhill Cannabis ETF, AdvisorShares Pure Cannabis ETF and Amplify U.S. Alternative Harvest ETF, which are all sitting on year-to-date gains of 29.6% to 36.6%, putting them among the top ETF performers of 2024.
Disney CEO Bob Iger's focus on wringing profits from the entertainment giant's streaming business is bearing fruit.
Italian luxury carmaker Ferrari on Tuesday posted a double digit rise in both profits and sales for the first quarter of 2024, and confirmed its full-year guidance.For the whole of 2024, the group continues to expect revenue growth of more than 7 percent to more than 6.4 billion euros and gross operating income, or EBITDA, to rise by a similar amount 2.45 billion euros.
The shooting comes amid a rap beef between Drake and Kendrick Lamar, but police said they could not speak to a motive at this stage of the investigation.
The filing claims the law violates First Amendment rights of TikTok and its users, and says the government hasn’t shown proof of national security risks.
Stock markets on Tuesday continued to rally over optimism that the US Federal Reserve will cut interest rates this year.UBS shares rallied on the Swiss stock exchange, finishing the day up more than seven percent.
Trump, in a now deleted social media post, appeared furious that she was taking the stand.
A U.S. soldier who has been detained in Russia travelled to the Russian city of Vladivostok through China without clearance from the military, the U.S. Army said on Tuesday. The soldier, who the Army identified as Staff Sergeant Gordon Black, was arrested on charges of theft by a court in Vladivostok in Russia's Far East, the regional office of the Interior Ministry said in a statement on Tuesday. Black, who enlisted in the Army as an infantryman in 2008, had been assigned to Camp Humphreys in South Korea most recently and was set to return to Fort Cavazos in Texas, the U.S. Army statement said.
The Starliner’s planned crewed test on May 6, 2024, was scrubbed after a technical issue with the rocket taking it up to orbit.
The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, an independent report commissioned by the top bank regulator found, according to two sources familiar with the matter. More than 500 individuals reported instances of misconduct at the agency, most of them current FDIC employees, according to the people who have seen the report, which was authored by law firm Cleary Gottlieb following a five-month investigation. Cleary Gottlieb also found evidence of widespread retaliation against employees who complained about supervisor misconduct, and little evidence that such retaliation was addressed, the sources said.
Earth’s magnetic field was once 30 times weaker than it is today. This change may have played a pivotal role in the blossoming of complex life, new research found.
Google has debuted its $499 Pixel 8a smartphone with generative AI capabilities.
Palantir stock's plunge appeared to halt a recent rally in other stocks favored by retail traders.
Apple on Tuesday unveiled its next generation of iPad Pros and Airs — models that will boast faster processors, new sizes and a new display system as part of the company's first update to its tablet lineup in more than a year. The showcase at Apple’s headquarters in Cupertino, California, comes after the company disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products. Apple is expected to make a much bigger splash next month during an annual conference devoted to the latest version of its operating systems for iPhones, iPads and Mac computers — software that analysts expect to be packed with more artificial intelligence technology.
Belarus on Tuesday launched drills involving missiles and warplanes capable of carrying tactical nuclear weapons, which close ally Russia has deployed there amid tensions with the West over Ukraine. The Belarusian maneuvers began a day after Russia announced plans to hold similar drills simulating the use of battlefield nuclear weapons in what it cast as a response to statements by Western officials signaling possibly deeper involvement in the war in Ukraine. It was the first time such an exercise had been publicly announced by Moscow. Belarus' Defense Minister Viktor Khrenin said a unit of Iskander short-range missiles and a squadron of Su-25 fighter jets will take part in the drills.
Speaker Mike Johnson and GOP Rep. Marjorie Taylor Greene are set to meet again on Tuesday as the Georgia congresswoman continues to dangle the threat of an ouster vote against the speaker.