News

GameStop Corp (GME) reported fourth-quarter revenue of $1.283 billion, falling short of the anticipated $1.48 billion. Despite the revenue miss, the video game retailer managed to surpass analyst expectations for adjusted earnings, reporting 30 cents per share compared to the projected eight cents per share.

Google unveiled Gemini 2.5 Pro, a powerful AI model designed for advanced reasoning and code generation, available now for users subscribed to Gemini Advanced. This model is the first in a new family of AI models that can pause and think before answering complex questions, achieving top scores on several benchmarks.

The Canadian government has suspended all rebate payments to Tesla and excluded the company from future electric vehicle (EV) rebate programs in response to US tariffs imposed on Canadian aluminum and steel. This decision comes after concerns over CEO Elon Musk's stance on Canada and suspicions of Tesla misusing the rebate program.

Nvidia CEO Jensen Huang acknowledges Huawei's growing dominance in AI, particularly its ability to manufacture high-performance chips, despite US restrictions. Huawei's Ascend processors challenge Nvidia's leadership in AI training, with the Chinese government's support further bolstering its market share.

Rumble Inc. (RUM) surpassed revenue expectations in the fourth quarter, setting a new record and announcing the "Rumble Wallet" for its creator community in partnership with Tether. This collaboration aims to position Rumble as a leading media platform within the cryptocurrency community and accelerate its international expansion.