Sen. Josh Hawley (R-Mo) has urged fellow Republicans to reject financial contributions from pro-artificial intelligence (AI) groups, citing potential political repercussions if Congress fails to rein in Big Tech.
Transportation Secretary Sean Duffy has touted the revamped Air Traffic Control system in the U.S. aviation sector, sharing that the Donald Trump administration was retiring dated technology amid its modernization program.
Florida authorities launched a high-stakes criminal probe into OpenAI, examining whether its chatbot ChatGPT played any role in last year’s deadly shooting at Florida State University.
Anthropic is moving closer to restoring ties with the U.S. Department of Defense after President Donald Trump said the artificial intelligence company was improving its standing with his administration, raising the prospect that the Pentagon could revisit its ban.
Earnings Snapshot
Intel Corp. (NASDAQ:INTC) reported quarterly earnings of 29 cents per share, which blew past the analyst consensus estimate of one cent. Revenue came in at $13.58 billion, which beat the Street estimate of $12.42 billion.
SAP SE (NYSE:SAP) reported quarterly earnings of $2.01 per share, which beat the consensus estimate of $1.92 by 4.69%. Revenue came in at $11.19 billion, which just missed the Street estimate of $11.26 billion.
Tesla Inc (NASDAQ:TSLA) reported first-quarter revenue of $22.39 billion, up 16% year-over-year. The revenue missed a Street consensus estimate of $22.71 billion. Adjusted earnings per share of 41 cents beat a Street consensus estimate of 37 cents per share.
International Business Machines Corp. (NYSE:IBM) reported quarterly earnings of $1.91 per share, which beat analyst estimates of $1.81 by 5.52%. Quarterly revenue of $15.92 billion beat the consensus estimate of $15.62 billion.
Nokia Corp. (NYSE:NOK) reported net sales of $5.26 billion (EUR 4.5 billion), up 4% year over year, but missed Benzinga's estimates of $5.40 billion. EPS came at $0.06, missing estimates by 3% but increasing 67% year-on-year.
QuantumScape Corp. (NASDAQ:QS) reported quarterly losses of 16 cents per share, which beat the consensus estimate for a loss of 18 cents.
ServiceNow Inc. (NYSE:NOW) posted first-quarter revenue of approximately $3.77 billion, beating the consensus estimate of $3.74 billion. Adjusted EPS of 97 cents for the quarter, narrowly beating analyst estimates of 96 cents.
Lam Research Corp. (NASDAQ:LRCX) reported quarterly earnings of $1.47 per share, which beat the Street consensus estimate ...
