Sen. Mark Kelly (D-Ariz.) warned that artificial intelligence will significantly reshape the U.S. economy and national security, urging safeguards to protect privacy and workers while supporting innovation.
Sen. Elizabeth Warren (D-Mass.) warned that the rise of artificial intelligence (AI) could lead to widespread job losses and called for sweeping policy changes to protect workers if that scenario becomes reality.
Sen. Adam Schiff (D-Calif.) introduced legislation aimed at making major artificial intelligence companies pay a larger share of energy costs as electricity demand from AI systems grows.
A bipartisan bill introduced in the U.S. House of Representatives by Rep. Sam Graves (R-MO) and Rep. Rick Larsen (D-WA) would levy an annual fee on EV owners to fund road maintenance.
Elon Musk-led SpaceX has written a letter to the Federal Communications Commission (FCC), urging the agency to end the High-Cost program aimed at providing connectivity to rural areas via subsidies for internet service providers (ISPs).
Singaporean Foreign Minister Vivian Balakrishnan said he personally built a customized AI-powered diplomatic assistant to help manage the cognitive demands of global diplomacy.
China confirmed a 200-aircraft order from Boeing Co (NYSE:BA) following President Donald Trump‘s meeting with Chinese President Xi Jinping last week.
Earnings Snapshot
Nvidia Corporation (NASDAQ:NVDA) reported first-quarter revenue of $81.615 billion, up 85% year-over-year. The revenue figure beat a Street consensus estimate of $78.796 billion, according to data from Benzinga Pro. The company reported earnings per share of $1.87, beating a Street consensus estimate of $1.76.
Baidu, Inc. (NASDAQ:BIDU) reported first-quarter revenue of $4.65 billion (32.08 billion yuan), down 1.2% year over year and slightly below analyst estimates of $4.66 billion. Adjusted earnings came in at $1.75 per American depositary share, topping consensus estimates of $1.69.
Bilibili Inc. (NASDAQ:BILI) reported revenue of $1.08 billion (7.47 billion yuan), up 7% year over year but slightly below analyst estimates of $1.09 billion. Adjusted earnings came in at 19 cents per ADS, beating Wall Street estimates of 12 cents.
Intuit Inc (NASDAQ:INTU) reported third-quarter revenue of $8.56 billion, beating analyst estimates of $8.53 billion. The QuickBooks, Credit Karma and TurboTax parent company posted third-quarter adjusted earnings of $12.80 per share, beating analyst estimates of $12.28 per share.
Keysight Technologies, Inc. (NYSE:KEYS) reported quarterly earnings of $2.87 per share, which beat ...
