PayPal beats Q2 estimates and raises its full-year profit outlook as investors await merger updates
PayPal reported adjusted second-quarter earnings of $1.38 a share, above the $1.28 consensus, and raised its full-year profit target to…
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Amazon deprecates most flagship Nova AI models in frontier-model shift, Business Insider reports
Amazon has begun deprecating most of its flagship Nova AI models and is shifting resources into a new frontier-model effort,…
Meta and BlackRock launch $14 billion El Paso data center venture
Meta Platforms and BlackRock announced a venture to develop and operate a data center campus in El Paso, Texas, at…
SK Hynix plunges 14.65% as Asian chip selloff spreads to Europe
Asian semiconductor shares extended their slide on Tuesday, with SK Hynix closing 14.65% lower in Seoul and Samsung Electronics down…
Barclays first-half profit rises 17% to £6.1 billion on trading and deal fees
Barclays reported a 17% rise in first-half profit, beating analyst forecasts as equities trading revenue and deal fees lifted its…
