Microsoft is set to establish a cloud region in East Africa, providing competition to Chinese tech giants like Huawei. This project aims to expand Microsoft’s presence in the region and offer cloud services to businesses and individuals in East Africa. The move signals Microsoft’s commitment to investing in emerging markets and creating opportunities for technological … Read more
Nvidia is set to announce its earnings on Wednesday, with options markets suggesting an 8.7% potential move in the stock price by Friday, amounting to a $200 billion shift in market capitalization. The company’s impressive profits this year have elevated it to the position of the third-largest company on Wall Street by market capitalization, trailing … Read more
Marketing and Marketing Research Pvt. Limited stated that the global video conferencing market is expected to grow at a CAGR of 12.6% from 2022 to 2027, reaching $19.1 billion. This growth is driven by the increasing demand for cloud-based collaboration tools, virtual management, and video communication. The market dynamics show that the transition to remote … Read more
Speculation is circulating about a potential $10 billion cloud deal between Elon Musk’s AI startup xAI and Oracle. Although not officially confirmed, this rumored deal has caused a stir in the market and has led to a rise in Oracle’s stock prices. If the deal goes through, xAI would become one of Oracle’s main clients. … Read more
After reporting earnings, Nvidia shares are expected to experience a significant move based on options market data. Although traders anticipate a swing of 8.7% in either direction, this is lower than previous expectations. Despite this, Nvidia is still a key player in the artificial intelligence industry, with a market value surpassing $2 trillion. The company’s … Read more
According to data from U.S. options markets, traders are anticipating a significant move in Nvidia’s stock following the company’s recent earnings report. While expectations for volatility are not as high as they have been in previous instances, there is still a sense of uncertainty surrounding the outcome. Nvidia, a major player in the chipmaker industry, … Read more
Traders are anticipating a significant move in Nvidia stock following the release of the chipmaker’s earnings report. According to data from U.S. options markets, analysts are predicting an 8.7% swing in either direction for Nvidia shares on Friday. This forecasted volatility is lower than the 16.4% increase seen after Nvidia’s last quarterly earnings report. Despite … Read more
Google, owned by Alphabet Inc, has announced a $1.1 billion investment to expand its data center campus in Finland. This move is aimed at bolstering its artificial intelligence (AI) capabilities in Europe and reflects Google’s dedication to enhancing its technological infrastructure in the region. The Nordic countries, including Finland, have become popular locations for data … Read more
Oracle Corporation took a significant risk when they acquired Cerner Corporation for 28 billion dollars, aiming to revolutionize healthcare by integrating Cerner’s electronic medical records system with Oracle’s AI models. However, the implementation of Cerner’s system has been associated with patient deaths, posing a serious liability for Oracle. Cerner’s electronic health records (EHR) system, utilized … Read more
State leaders and developers gathered in Madison County for a groundbreaking ceremony for a $10 billion project. Governor Tate Reeves signed legislation to bring Amazon Web Services (AWS) to Mississippi, with plans to build data centers at two sites in the county. The project aims to create 1,000 high-tech jobs and provide education in STEM … Read more