Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025.Sarah Meyssonnier | ReutersNvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S. Securities and Exchange Commission.The sales are worth nearly $15 million at Tuesday’s opening price.The transactions are the first sale in Huang’s plan to sell as many as 600,000 shares of Nvidia through the end of 2025. It’s a plan that was announced in March, and it’d…
Author: usaeverydaylife
Carnival shares climbed roughly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analyst estimates of 24 cents, according to LSEG. Adjusted revenue came in at at record $6.3 billion compared with the expected $6.2 billion.Net income rose to $565 million, which was a significant increase from $92 million a year ago.CEO Josh Weinstein said on Tuesday’s earnings call with analysts that there was a “strong momentum” across all of the company’s brands.Due to outperformance,…
Investors might have gotten ahead of themselves when it comes to Tesla ‘s new robotaxi business, according to Goldman Sachs. Tesla began its robotaxi operations on Sunday, June 22, opening the service for a group of early-access individuals in Austin, Texas. In response, investors drove up Tesla shares more than 8% on Monday. But in a note published the same day, Goldman Sachs analyst Mark Delaney cautioned against the optimism, reiterating a neutral rating on Tesla and sticking to a 12-month price target of $285, equal to 18% downside from Monday’s close. Shares of Tesla have tumbled 15% so far…
Speaker of the House Rep. Mike Johnson (R-LA) speaks during his weekly press conference at the US Capitol on June 24, 2025 in Washington, DC.Tasos Katopodis | Getty ImagesHouse Speaker Mike Johnson, R-La., argued Tuesday that the War Powers Act is unconstitutional, and vowed that a pending resolution to bar U.S. military action in Iran under that law will not pass the House.Johnson told reporters that President Donald Trump’s decision to order strikes on Iranian nuclear targets over the weekend was “clearly” within his powers under Article 2 of the U.S. Constitution.Many constitutional scholars believe that the Nixon-era law, which limits…
Attorney Emil Bove looks on as U.S. President-elect Donald Trump appears remotely for a sentencing hearing in front of New York State Judge Juan Merchan in the criminal case in which he was convicted in 2024 on charges involving hush money paid to a porn star, at New York Criminal Court in Manhattan in New York City, U.S., on January 10, 2025. Angela Weiss | Via ReutersA fired Department of Justice lawyer says that a top DOJ official Emil Bove — whom President Donald Trump has nominated to become a federal appeals court judge — told department attorneys to consider…
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesAmbarella shares popped 19% after a report that the chip designer is currently working with bankers on a potential sale.Bloomberg reported the news, citing sources familiar with the matter.While no deal is imminent, the sources told Bloomberg that the firm may draw interest from semiconductor companies looking to improve their automotive business. Private equity firms have already expressed interest, according to the report.The Santa Clara, California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence. Ambarella chips are used in the automotive sector for electronic mirrors…
Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion, according to FactSet. Other cruise operators followed Carnival higher. Norwegian Cruise Line gained almost 5%, while Royal Caribbean and Viking Holdings both advanced more than 2%. Uber — The ride-share platform climbed nearly 8%. Waymo is now offering robotaxi rides to the public in Atlanta…
Josh Brown, CEO of Ritholtz Wealth Management, on Tuesday revealed that Uber is the biggest position in his personal portfolio, calling it his highest conviction pick on the back of the autonomous driving boom. The widely followed investor said Uber is poised to benefit from robotaxi rollouts from Tesla, Waymo and any other players as the technology experience eliminates the most costly part of the operation — the human driver. “Uber’s role in this ecosystem is to partner with all of the autonomous players who are going to exist and make money as a result of the fact that the…
Chris Schwegmann is getting creative with how artificial intelligence is being used in law.At Dallas-based boutique law firm Lynn Pinker Hurst & Schwegmann, he sometimes asks AI to channel Supreme Court Chief Justice John Roberts or Sherlock Holmes.Schwegmann said after uploading opposing counsel’s briefs, he’ll ask legal technology platform Harvey to assume the role of a legal mind like Roberts to see how the chief justice would think about a particular problem.Other times, he will turn to a fictional character like Holmes, unlocking a different frame of mind.”Harvey, ChatGPT … they know who those folks are, and can approach the…
Members of Congress want to know where Iran’s enriched uranium wentU.S. Senator Richard Blumenthal (D-CT) speaks to reporters during a break from a Senate Armed Services and Foreign Relations joint briefing on the U.S. policy on Afghanistan, on Capitol Hill in Washington, February 2, 2022.Al Drago | ReutersSeveral members of Congress are questioning what has become of Iran’s stock of enriched uranium in the days since the U.S. damaged three nuclear facilities with airstrikes and bombs.Atomic energy watchdogs estimate that Iran has at least 9 kilos of uranium enriched to 60%, a level that could relatively easily be further enriched…
