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Check out the companies making headlines in after-hours trading: Nvidia — The artificial intelligence chipmaker’s shares jumped 5% after Nvidia reported better-than-expected quarterly results , as its data center business recorded year-over-year growth of 73%. Nvidia reported first-quarter adjusted earnings per share of 96 cents on revenue of $44.06 billion, higher than analysts’ estimates for earnings of 93 cents per share on revenue of $43.31 billion, according to LSEG. HP — Shares of the personal computing company tumbled 15%. HP shared disappointing guidance , anticipating its fiscal third-quarter adjusted earnings will land between 68 cents and 80 cents per share.…

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AI

As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its H20 AI chip to companies in China. The chipmaker also reported that it was unable to ship an additional $2.5 billion of H20 revenue in the quarter due to the restrictions. When the U.S. licensing requirement was originally announced in April, the company said…

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A Manhattan federal judge has blocked the federal government from ending congestion pricing before the end of an ongoing lawsuit — issuing a preliminary injunction against Transportation Secretary Sean Duffy and the U.S. Department of Transportation on Wednesday. The order, issued by Judge Lewis Liman, comes one day after he issued a temporary restraining order in the case, blocking any such action for two weeks. The injunction indefinitely prevents Duffy or his agency from acting on their claims that they can unilaterally revoke authorization toll — and blocks any of the so-called “compliance actions” Duffy has threatened — until Liman…

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LAS VEGAS, May 28 2025 — Blockstream, the global leader in Bitcoin-powered financial infrastructure, has today revealed its strategic vision to support Bitcoin’s next pivotal phase of growth, building on over a decade of pioneering work at the forefront of Bitcoin innovation.  Unveiled in a keynote by Blockstream Co-Founder and CEO Dr. Adam Back at Bitcoin 2025 in Las Vegas and anchored by a bold new tagline, The Future of Finance Runs on Bitcoin, the vision introduces a clear framework based on three core business units—Consumer, Enterprise and Blockstream Asset Management (BAM). This framework represents a unified approach to onboarding…

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CNN  —  A year ago, Andry José Hernández Romero left Venezuela to seek a better future in the United States. He wanted to continue growing his career as a makeup artist. He left behind his lifelong home in the little town of Capacho Nuevo, where he lived with his mother, father, and younger brother. On May 23, 2024 – just two days after his 31st birthday – Andry left with the hope of one day opening a beauty salon in the US, or making a living from one of his other passions: design and tailoring. But all that hope has…

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AI

DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its lead in the AI race and whether the demand for AI chips will sustain. But where did DeepSeek come from, and how did it rise to international fame so quickly? DeepSeek’s trader origins DeepSeek is backed by High-Flyer Capital Management, a Chinese quantitative hedge fund…

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Cassie Ventura has welcomed her third child on the heels of testifying as the star witness against Sean “Diddy” Combs at his federal sex trafficking and racketeering trial. The “Me & U” singer, 38, and husband Alex Fine welcomed their youngest on Tuesday, the same day Ventura was seen checking into the labor-and-delivery unit at a New York hospital, TMZ reports. Insiders previously told the outlet that Ventura might be contending with complications. Ventura was in a contentious, on-off relationship with Bad Boy Records founder Combs, 55, from 2007 to 2018. She married trainer Fine in 2019. The couple shares daughters…

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AI

Microsoft announced on Wednesday that it has started rolling out the beta version of its Copilot for Gaming experience. Beta testers can access the experience in the Xbox app on iOS and Android. The early version of the experience allows the assistant to answer questions about the games you’re interested in, give you links to more information, and answer questions based on your account, play history, achievements, and more. For example, you could ask something like: “What’s my gamerscore and can you give me some tips to raise it?” or “I love horror movies. Any suggestions for what game I…

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AI

Context, a startup building an AI-powered office suite, on Wednesday announced that it raised $11 million in a seed round led by Lux Capital with participation from Qualcomm Ventures and General Catalyst. The round, which brings the company’s total raised to around $15.75 million, values Context at $70 million. Founder Joseph Semrai, a Thiel Fellow, started working on Context in 2024 after he realized that current digital office suites are not well-suited to take advantage of AI models. “[W]e have a bunch of disparate applications that aren’t necessarily built keeping the power of [AI models] in mind,” Semrai told TechCrunch…

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AI

For accounting departments, no software is more important than the general ledger system. It’s the central hub that summarizes all financial transactions, providing the essential data needed to create accurate financial statements. “The general ledger is the beating heart of the finance function, and so asking a company to remove it is a kind of open-heart surgery,” said Julien Bek, a partner at Sequoia Capital. Until a few years ago, Bek believed that VCs wouldn’t dare to invest in startups building new general ledger software. It’s not only difficult to get customers to switch from their existing accounting software, but…

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