Broadcom Inc. (NASDAQ:AVGO) has seen a notable increase in its stock value this year, largely due to its role in supporting AI infrastructure and applications. Despite risks such as integration costs from the VMware acquisition and industry competition, the company continues to show growth in revenue and earnings. The recent VMware integration has led to … Read more
NVIDIA (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL) are currently the top three AI-powered stocks in the market. As of Friday’s close, Microsoft held the highest market capitalization at $3.34 trillion, followed by Apple at $3.18 trillion, and Nvidia at $3.11 trillion. All three are approaching $4 trillion, but the question remains as … Read more
NDTV, a prominent news platform in India, has achieved remarkable success by collaborating with Google to enhance its content strategy through real-time data insights. Understanding the limitations of traditional engagement measurement tools, NDTV embarked on a mission to create a data-driven framework to elevate the quality and engagement of its published content. This innovative partnership … Read more
:max_bytes(150000):strip_icc()/MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png?w=1500&resize=1500,1013&ssl=1 "Nvidia Surpasses Microsoft in Market Cap on June 18, 2024 as S&P 500 and Nasdaq Achieve Record Closes")
Stock indexes closed at record highs once again, with the Dow seeing strong performance from financial stocks like Goldman Sachs and JPMorgan Chase, while Boeing struggled due to concerns about company culture. Tech giants like Apple, Amazon, and Microsoft saw losses as Nvidia became the world’s most valuable company. The S&P 500 was lifted by … Read more
NVIDIA has had a strong year so far, with stock gains of over 130% and a market cap of $2.79 trillion. Analysts predict it could reach $10 trillion by 2030. The company is enacting a 10-for-1 stock split on June 7, which will adjust the stock price on June 10. Beth Kindig, a lead technology … Read more
DeepL, an AI-powered translation platform, has recently secured $300 million in new funding, bringing its valuation to $2 billion. The funding round was led by Index Ventures, with participation from ICONIQ Growth, Teachers’ Venture Growth, IVP, Atomico, and WiL. This investment marks a significant increase from the previous round in January 2023, where DeepL was … Read more
Nvidia is set to release its earnings report on Wednesday, with options markets predicting an 8.7% swing in the stock price by Friday. This could result in a $200 billion change in Nvidia’s market capitalization, making it the third-largest company on Wall Street after Microsoft and Apple. The company’s impressive profits this year have been … Read more
In a recent interview, Jason Langone, the senior director of global AI business development at Nutanix, provided insights on how the industry is integrating AI technology to benefit government organizations. He highlighted the top three ways that AI is being adopted in the government sector and discussed the challenges and blind spots that may arise … Read more