Block delivers a surprise profit, and its stock is surging
The parent of Square and the Cash App has been focused on getting leaner.
Social-Media Company Reddit Files for IPO
The company, which first filed confidentially for an IPO in late 2021, didn't detail how many shares it would issue, or the price of each share.
Intuit's stock dips despite big earnings beat, revenue in line with analyst estimates
Intuit Inc.'s stock dipped 2% in after-hours trading Thursday despite the company posting quarterly revenue that met analysts' estimates and earnings that surpassed them.
Vice Media to Stop Publishing on Vice.com, Plans to Cut Hundreds of Jobs
The cuts follow a failed effort by owner Fortress to sell embattled digital publisher and its brands.
Google Restricts AI Images Amid Outcry Over Chatbot's Treatment of Race
The search company said it would pause a feature in the chatbot Gemini as it worked to address recent issues with "inaccuracies in some historical depictions."
Nvidia Declares AI a 'Whole New Industry'-and Investors Agree
In a tech industry renowned for short-lived frenzies, some chip executives and analysts see the AI boom as increasingly sustainable.
J.B. Hunt to Buy Walmart's Intermodal Assets in a Shipping Agreement
The deal will bolster a truck-rail operation that is the carrier's biggest business segment by revenue.
Mercedes-Benz vs. Rivian: The Revenge of Legacy Auto
The latest results from carmakers showcase the advantages of having an old-fashioned combustion-engine business to fund-and hedge-the transition to electric vehicles.
Thousands of AT&T Customers Lose Cell Service
AT&T said it restored wireless service after nearly 75,000 customers reported on Downdetector that they had problems making cellphone calls.
Planet Fitness CFO Tom Fitzgerald to Retire After Layoffs
The finance chief, who is said to have played a key role in helping the gym chain navigate the pandemic, plans to step down at the end of August.
(END) Dow Jones Newswires
02-22-24 1715ET