
Reddit Shares Drop 15% as Google Algorithm Change Impacts Traffic
Feb 13, 2025 05:37 am UTC| Technology Business
Reddits stock tumbled 15% in extended trading after missing Q4 market estimates for daily active unique visitors. The decline was attributed to a Google algorithm update that affected how often the platform appeared in...

Nissan Shares Plunge as Foxconn Clarifies Partnership Intentions
Feb 12, 2025 11:15 am UTC| Technology Business
Nissan Motor Co. (TYO:7201) saw its shares drop 6.8% to 412.4 yen on Wednesday after Foxconn (SS:601138) Chairman Young Liu clarified that the electronics giant was pursuing a partnership with Nissan, not ownership. Liu...

NASA Swaps Crew Dragon Capsule to Expedite Astronaut Return
Feb 12, 2025 11:15 am UTC| Technology
NASA has decided to swap the SpaceX Crew Dragon capsule for its upcoming Crew-10 mission to the International Space Station (ISS), moving the launch date up to March 12 from March 25. This change will allow for an earlier...

SMIC Warns of Chip Market Oversupply in 2025 Amid Rising Competition
Feb 12, 2025 11:14 am UTC| Technology Business
Chinas leading chipmaker, Semiconductor Manufacturing International Corp (SMIC), cautions that the mature-node chip market may face oversupply in the second half of 2025. Despite a recent recovery, the company foresees...

Alibaba Stock Surges as Apple Chooses Its AI for iPhones in China
Feb 12, 2025 11:14 am UTC| Technology Business
Alibaba Groups (HK:9988, NYSE:BABA) Hong Kong-listed shares hit a four-month high on Wednesday, surging over 8% to HK$113.90, after reports of a strategic AI partnership with Apple Inc. (NASDAQ:AAPL). Apple reportedly...

Super Micro Computer (SMCI) Cuts 2025 Revenue Outlook After Disappointing Q2 Results
Feb 12, 2025 11:11 am UTC| Technology Business
Super Micro Computer Inc. (NASDAQ: SMCI) saw its stock drop over 3% in after-hours trading Tuesday after lowering its full-year revenue guidance and reporting preliminary Q2 results that missed Wall Street estimates. For...

Global EV Sales Rise 18% in January as Europe and U.S. Outpace China
Feb 12, 2025 02:13 am UTC| Economy Technology
Global electric vehicle (EV) and plug-in hybrid (PHEV) sales rose 18% year-on-year in January, reaching 1.3 million units, according to Rho Motion. For the first time since February 2023, growth in Europe and the U.S....