Oracle has cautioned that a ban on TikTok in the United States could negatively impact its revenue and profits. The tech giant, which is in talks to acquire the popular social media app’s US operations, made the warning amid ongoing discussions surrounding national security concerns related to TikTok’s Chinese ownership. Oracle’s potential deal with TikTok … Read more
Nvidia’s stock fell after the company reported lower than expected revenue for the quarter. The European Union has also fined Apple for antitrust violations. Article Source https://www.bloomberg.com/news/videos/2024-06-24/nvidia-s-slide-and-apple-s-eu-fines-bloomberg-technology
Nvidia recently made a risky move by betting against itself in the stock market, which ultimately cost the company $740 million. This bold decision, known as a leveraged bet, involved Nvidia taking a position that would profit if its stock price fell. However, the market went in the opposite direction, resulting in a substantial loss … Read more
Oracle, a major technology company, is cautioning that a potential ban on the popular social media app TikTok could have negative consequences on its revenue and profits. The company has expressed concerns about the impact of such a ban on its business operations, as TikTok is a significant customer of Oracle’s cloud computing services. Oracle’s … Read more
As reported by Bloomberg, Nvidia executive Simona Jankowski is set to depart from the tech giant to join a startup company. This move is a significant development in the industry, as Jankowski is a highly respected figure known for her expertise in the field. Jankowski has been with Nvidia for several years, holding various key … Read more
Nvidia, a leading company in AI technology, is facing an uncertain future despite its high stock price. The potential risks and challenges ahead for the company are not being reflected in its current value. Investors may be underestimating the obstacles that Nvidia could face in the rapidly evolving AI industry. It is crucial for stakeholders … Read more
Nvidia and Chipotle are both companies that have recently announced plans to split their shares. This decision is being made in order to make their stock more affordable for individual investors. Nvidia, known for their graphics processing units (GPUs), is planning a 4-for-1 stock split, which means that for every one share someone currently owns, … Read more
reported that ByteDance and Broadcom are partnering to create a cutting-edge AI processor. This collaboration aims to enhance the capabilities of artificial intelligence in devices, such as smartphones and other electronics. The development of this advanced AI processor is expected to revolutionize the way AI technology functions in everyday devices. With ByteDance’s expertise in AI … Read more
Google-owned company Anthropic is teaming up with xAI to work on making chatbots more engaging and enjoyable for users. Their collaboration aims to enhance the user’s experience with chatbots by incorporating more advanced artificial intelligence technologies. The partnership between Anthropic and xAI comes as part of a larger effort within the tech industry to improve … Read more
Nvidia’s sales are skyrocketing, leaving Wall Street struggling to keep pace with the rapid growth. The company’s impressive performance has caught the attention of analysts and investors alike, as they try to navigate the fast-changing landscape of the tech industry. Nvidia’s success can be attributed to a combination of factors, including strong demand for their … Read more