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If Mark Zuckerberg is right, the next must‑have wearable won’t count your steps or flash your texts. It will out‑think you on everything from homework to holiday planning.
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In short: He believes a “personal superintelligence” clipped to your glasses just might be the next smartphone.
The Meta CEO unveiled the ambition on Wednesday’s Q2 earnings call, framing...
Microsoft ended its fiscal year with a blowout fourth-quarter performance, driven by demand for cloud and artificial intelligence (AI) services that led to a 34% increase in Azure’s annual revenue to a record $75 billion.
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Enterprises accelerating their cloud migration as well as increased AI usage across Microsoft’s cloud stack boosted the quarter. Nearly all of the...
Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online automotive retail business.
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The company’s retail unit sales rose 41% year over year to reach 143,280, while its revenue rose 42% to reach $4.84 billion, according to a Wednesday earnings release.
It achieved this growth during...
Robinhood Markets on Wednesday (July 30) delivered second-quarter 2025 results that reveal a company pivoting sharply from its roots in commission-free retail trading toward a diversified, multilane financial platform.
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The company’s Q2 2025 earnings showed a 45% year-over-year revenue surge to $989 million and a doubling of diluted earnings per share to $0.42.
“We...
The White House said Wednesday (July 30) that several healthcare and tech companies pledged to begin building a “next-generation digital health ecosystem.”
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This initiative will begin by working to make it easier to share information between patients and providers and to increase the availability of tools like apps that will provide patients with information and...
A bipartisan bill to establish regulatory sandboxes for artificial intelligence (AI) experimentation in financial services took center stage at a Senate subcommittee hearing Wednesday (July 30), as lawmakers weighed how to balance AI-driven innovation with oversight.
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Sen. Mike Rounds (R-S.D.), who chairs the Senate Subcommittee on Securities, Insurance, and Investment,...
On Wednesday (July 30), the White House released its long-awaited report on digital asset policy, marking one of the most concerted federal efforts yet to bring structure to the cryptocurrency sector.
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The report, developed over the past 180 days under Executive Order 14178, comes amid ongoing market volatility, legislative momentum on Capitol Hill and growing...
Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half.
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Both banks’ executives said during earnings calls held Wednesday (July 30) that heightened activity in the markets could be driven by a reduction in volatility and an easing of regulations by the White House, Bloomberg reported Wednesday....
Crypto platform Kraken said Wednesday (July 30) that it accelerated the building of its offerings in the second quarter and is focused on doing the same through the remainder of the year.
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“Kraken is in build mode,” the firm said in its second quarter financial highlights released Wednesday. “We are creating a multi-asset platform that enables anyone to trade anything,...
A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according to the Bureau of Economic Analysis (BEA) advance estimate for the second quarter released Wednesday (July 30).
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Real GDP grew at an annualized rate of 3% during the quarter, marking a rebound from the 0.5% contraction recorded in...