Breaking News

Local Business

The worst day for Nvidia’s stock since last spring

The worst day for Nvidia’s stock since last spring dragged the U.S. market lower, even though most stocks rose. The S&P 500 fell 0.5% Thursday. The Dow Jones Industrial Average added 17 points, and the Nasdaq composite sank 1.2%. Nvidia delivered another stellar profit report and gave a forecast for revenue that again topped analysts’ expectations. But such blowout performances have become typical for the AI chip company, and its stock fell to its worst day since April. Woman: on social media ‘all day long’ as a child A 20-year-old woman is seeking to hold social media ...

Ticker: Nvidia delivers another quarter of stellar growth

Artificial intelligence chipmaker Nvidia on Wednesday announced another quarter of astounding quarterly growth as investors try to decipher whether technology’s latest craze is overblown hyperbole or a springboard into a new era of prosperity and productivity. The results for November-January period blew past the analyst projections that shape investors’ perceptions, as has been the case since Nvidia’s high-end chips emerged as AI’s best building blocks three years ago. Nvidia’s fiscal fourth-quarter revenue surged 73% from the previous year to $68.1 billion while its profit ...

Briefcase: Tyrone DG Market expected to open in spring

TYRONE A new DG Market is under construction at 5495 E. Pleasant Valley Blvd. in Tyrone. At this time, a store opening is slated for spring 2026, but construction progress may alter this date. Dollar General’s DG Market format offers expanded produce, refrigerated and frozen food offerings, dairy products and more, in addition to an assortment of fresh meats. The store plans to employ approximately 10-15 employees, depending on the individual needs of the store. Anyone interested, may apply for available positions online at www.dollargeneral.com/careers. JOHNSTOWN Penn ...

Hegseth pressures AI firm for broader access

Defense Secretary Pete Hegseth gave Anthropic’s CEO a Friday deadline to open the company’s artificial intelligence technology for unrestricted military use or risk losing its government contract, according to a person familiar with their meeting Tuesday. Anthropic makes the chatbot ...

Ticker: Facebook owner Meta to buy AI chips from AMD

Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10% stake of the chip company. Meta will buy AMD’s latest chips, the MI450, to help power data centers. The agreement could potentially be worth more than $100 billion. FedEx joins US firms in seeking tariff refund FedEx is suing the U.S. government, requesting a full refund on what it paid for tariffs set by President Donald Trump last year after the Supreme Court ruled that the tariffs are illegal. FedEx said in a ...

Paramount raises offer for Warner

Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the Hollywood giant. Paramount’s offer had previously stood at $30 per share since December — when the Skydance owned company launched its hostile bid to challenge a deal Warner struck with Netflix to sell its studio and streaming business for $27.75 per share. A Warner Bros. Discovery buyout would reshape Hollywood and the wider media landscape — bringing HBO Max, cult-favorite titles like ...