Nvidia Gains on China Trip; Softbank Up on Quarterly Profit Beat | Stock Movers
On this episode of Stock Movers with John Tucker: - Nvidia (NVDA) shares are higher on news CEO Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit. - Nebius Group (NBIS) is moving this morning as it reported revenue for the first quarter that beat the average analyst estimate. - SoftBank (SFTBY) is up after it reported a surge in quarterly profit due to valuation gains...
From Pre-Computed To Generative: The New Economics Of AI Personalization
InnovationFrom Pre-Computed To Generative: The New Economics Of AI PersonalizationBySrijith Ravikumar,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 13, 2026, 09:30am EDTSrijith Ravikumar is a Principal Engineer at Amazon building AI-powered recommendation systems at scale. Published researcher at AAAI. gettyFor over a decade, the Holy Grail of...
Walmart to combine global tech & product teams; to lay off or relocate 1,000 employees
Walmart is restructuring its global technology and product teams, leading to approximately 1,000 corporate employees facing layoffs or relocation. This move aims to improve efficiency by combining similar functions and aligning organizational efforts. The retail giant is also experiencing a slowdown in tech hiring, reflected in a significant reduction of H-1B visa applications.
ADIS 2026: Abu Dhabi unveils Dh209b infrastructure push for future smart cities
Abu Dhabi witnessed significant international momentum yesterday as the second edition of the Abu Dhabi Infrastructure Summit (ADIS 2026) officially opened at ADNEC Centre Abu Dhabi, bringing together an elite gathering of decision-makers, urban development leaders, investors, financiers, and technology innovators from around the world to explore the future of smart and sustainable cities, and discuss mechanisms for developing more efficient, resilient, and future-ready infrastructure capable of...
Every Vendor Claims Data Is Their Moat: Why Banks Pay For The Silos Between Them
InnovationEvery Vendor Claims Data Is Their Moat: Why Banks Pay For The Silos Between ThemByXiaowei Jiang,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 12, 2026, 09:00am EDTXiaowei Jiang is CEO & Chief Architect at Tacnode, focused on real-time data systems for AI-driven decision making. gettyA receipt shows a charge of $271, but it doesn’t spe...
The clipping economy: How short-form video 'clippers' are overrunning the internet
Technology The clipping economy: How short-form video 'clippers' are overrunning the internet May 12, 20265:00 AM ET Heard on Morning Edition Bobby Allyn The clipping economy: How short-form video 'clippers' are overrunning the internet Audio will be available later today.
Trump'ın medya şirketi bir kez daha milyonlarca dolarlık zarar açıkladı
ABD Başkanı Donald Trumpın sahibi olduğu Trump Media and Technology Group, yılın ilk çeyreğinde 405 milyon dolardan fazla net zarar ettiğini duyurdu. Şirketin gelirlerinin düşük kalması ve hisse değerindeki sert düşüş dikkat çekti.
Chinese Landscape Architect Becomes A Billionaire After AI Pivot Sends His Company's Shares Up Almost 1,600%
Li Xiaoming cofounded Chinese landscape design firm Hui Lyu Ecological Technology Groups almost four decades ago to build city gardens and take on ecological projects such as lake restoration. Yet it was a shrewd investment in AI that made Li a billionaire, as it sent the shares of the once struggling firm up almost 1,600% over the last two years.
AI Ethics Beyond Bias: The Risk Of Removing Humans From The Economy
InnovationAI Ethics Beyond Bias: The Risk Of Removing Humans From The EconomyByAlec Scott,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 11, 2026, 07:15am EDTAlec Scott is a Principal at CDW for Intelligent Platforms. gettyMost conversations about AI ethics begin in the right place, but they stop too soon.They begin with bias, fairness, explain...
IT exports projected to reach $4bn during current fiscal year, PM Shehbaz told
Prime Minister Shehbaz Sharif was told on Monday that Pakistan’s information technology exports were expected to reach $4.5 billion to $4.6bn, according to the Prime Minister’s Office (PMO). The development came as the premier chaired meeting reviewing the affairs of the Ministry of Information Technology and Telecommunication. During the meeting, the premier was told that the number of domestic internet connections had increased from 1.9 million i...
Apple Faces Higher Costs Following MacBook Neo Success
InnovationConsumer TechApple Faces Higher Costs Following MacBook Neo SuccessByEwan Spence,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ewan Spence covers the digital worlds of mobile technology.Follow AuthorMay 10, 2026, 05:08pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Members of the media view MacBook Neo laptop computers on display during an Apple unveil event, Wednesda...
خسائر ضخمة لـ"ترامب ميديا".. 405.9 مليون دولار في الربع الأول بسبب تراجع العملات الرقمية
سجلت شركة "ترامب ميديا" Trump Media & Technology Group، المالكة لمنصة التواصل الاجتماعي" تروث سوشيال، خسائر كبيرة بلغت 405.9 ملايين دولار خلال الربع الأول من عام 2026.
Truth Social — home of Donald Trump's unhinged rants — is bleeding cash
The Trump Media and Technology Group, which owns Truth Social, reported nearly £300 million in first-quarter net losses - the company is the parent firm of Donald Trump's Truth Social media site
Trump Media and Technology Group lost $406m in first three months of 2026
Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year,...
Le réseau Truth Social de Donald Trump en grande difficulté : 400 millions de dollars de pertes pour la maison mère
International,États-UnisLe réseau Truth Social de Donald Trump en grande difficulté : 400 millions de dollars de pertes pour la maison mèreLes comptes de la maison mère de Truth Social, possédé à 41 % par Donald Trump ont pâti de la dégringolade des cryptomonnaies, comme celle du bitcoin.Par V.C. avec AFP Le 9 mai 2026 à 09h45Donald Trump contrôle environ 41% des actions de Trump Media & Technology Group (TMTG). AFP/Mandel NGANRéagirEnregistrerPartagerIl y livre toutes ses annonces fracassan...
La maison mère de Truth Social, le réseau de Donald Trump, subit des pertes colossales, plombée par les cryptomonnaies
Trump Media & Technology Group a publié vendredi une perte nette de plus de 400 millions de dollars au premier trimestre. Ses comptes ont pâti de la dégringolade des devises numériques, dans lesquelles la société avait massivement investi.
Chinese car brands secure 10% of UK vehicle market as drivers invest in BYD, Jaecoo, Omoda and more
Chinese car brands have made up more than one in 10 new vehicle sales so far this year, as drivers flock towards more affordable prices and impressive technology.Over the last five months, Chinese car brands have secured 10.6 per cent of the total new vehicle market share across the UK.Based on data from the Society of Motor Manufacturers and Traders (SMMT), Chinese automakers have sold 80,960 vehicles between January and the end of April.Popular car brands include BYD, Changan, Chery, Geely, GW...
Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss
Trump Media and Technology Group, operator of the social media platform Truth Social, reported a massive net loss for the first three months of 2026 and less than $1 million in total sales. For the first quarter, TMTG generated net sales of $871,200, up 6% year over year. The company reported a $405.9 million net […]
Blue Owl BDC Won Big New Investment by University of California
A $200 billion investment fund for the University of California system added almost 30 million shares of Blue Owl Technology Finance Corp. in the first quarter, in a sign of institutions seizing upon volatility in the private credit market.
UAE, Austria energy ties grow as ADNOC expands OMV partnership
Abu Dhabi: Austria’s Chancellor Christian Stocker visited the headquarters of ADNOC in Abu Dhabi during his official trip to the UAE, as both countries strengthened their cooperation in energy, fuels and industrial sectors.Sign up for our daily business newsletter, Cheques & Balances.The visit came after Stocker toured the Make it in the Emirates platform, where he met Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman...