Continues

Cisco continues partnership with Olympics with new agreement for Los Angeles 2028 – Sportcal

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Cisco continues partnership with Olympics with new agreement for Los Angeles 2028 – Sportcal

Cisco has officially announced its partnership with the 2028 Los Angeles Summer Olympics as a network equipment partner. This partnership expands Cisco’s long-standing relationship with the Olympic Games, beginning with the 2012 Games and continuing through the upcoming Paris 2024 Games. The company’s network solutions will be deployed across various locations in the Los Angeles … Read more

Today’s Stock Market: Wall Street Continues to Drift as Nvidia Faces Loss of Momentum

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Today’s Stock Market: Wall Street Continues to Drift as Nvidia Faces Loss of Momentum

U.S. stocks are on track for a quiet end to the week on Friday, with the S&P 500 down 0.2% and the Dow Jones Industrial Average up 0.1%. The Nasdaq composite is down 0.3%, led by a 2.9% drop in NVIDIA stocks. Despite its recent decline, NVIDIA’s shares have skyrocketed over 1,000% since October 2022. … Read more

MarketWatch: Analyst advises against fighting ‘AI train’ as Nvidia’s stock continues to rise

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Nvidia stock saw a significant boost in earnings, prompting analysts to advise against fighting the “AI train.” The tech company has been making waves in the artificial intelligence sector, leading to a surge in their stock value. Analysts see this trend continuing and recommend investors to stay on board with the company’s advancements in AI … Read more

Intel continues investigation into CPU instability, denies pinpointing root cause

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Intel continues investigation into CPU instability, denies pinpointing root cause

Intel has denied reports claiming it has found the root cause of instability issues with some 13th and 14th generation desktop CPUs and is still investigating. The company, along with its partners, is working to address user reports of instability in these processors. A spokesperson for Intel clarified that while a microcode patch has been … Read more

S&P, Nasdaq futures rise as Nvidia continues its rally – Reuters

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Today, S&P and Nasdaq futures saw a rise as Nvidia continued its upward trend. Investors were optimistic as the tech giant’s stock rallied, helping boost overall market sentiment. The positive performance of S&P and Nasdaq futures indicated a potentially strong trading day ahead. Nvidia’s gains underscored the strength of the tech sector and its importance … Read more

Nvidia’s Rally Continues as Bull Predicts Valuation Approaching $5 Trillion

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Nvidia’s Rally Continues as Bull Predicts Valuation Approaching Trillion

Nvidia Corp. has seen its shares increase by over 200% in the past year, with analyst Hans Mosesmann predicting that the semiconductor giant’s market value could reach nearly $5 trillion in the near future. After a recent 10-for-1 stock split, Mosesmann raised his price target for Nvidia to $200, the highest on Wall Street. The … Read more

Meta AI lifts restriction on election-related queries in India as Google continues to impose limits

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Meta AI lifts restriction on election-related queries in India as Google continues to impose limits

Meta has lifted restrictions on election-related queries using its Meta AI chatbot following India’s elections, allowing users to search for information about election results, politicians, and officials. The company had initially blocked certain political queries at the start of the elections in April but has since released updates to improve its AI models. However, Meta’s … Read more

Today’s stock market: US indexes trade in a mixed fashion as Nvidia continues to rally and investors analyze job data

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Today’s stock market: US indexes trade in a mixed fashion as Nvidia continues to rally and investors analyze job data

On Thursday, U.S. stocks were mixed as investors awaited the May nonfarm payrolls report, following Nvidia’s record profit the day before. The European Central Bank also cut interest rates for the first time since 2019. The number of jobless claims in the U.S. rose to a four-week high last week, with 229,000 claims filed. While … Read more

Report: Apple continues to seek deal with Google for Gemini, even amidst expected OpenAI announcement in June

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Report: Apple continues to seek deal with Google for Gemini, even amidst expected OpenAI announcement in June

Apple’s upcoming WWDC 2024 event is just around the corner, with expectations for new software and hardware announcements. While the tech giant is set to showcase its own generative AI features and potentially announce a partnership with OpenAI for a chatbot, not all partnership agreements have been finalized yet. According to Bloomberg’s Mark Gurman, Apple … Read more