drive

Nvidia and Tech Stocks Drive Nasdaq 100 to New High; Solar Sector Thrives, Meme Stock Bubble Pops: Recap of the Market This Week – AMC Entertainment (NYSE: AMC)

by
Nvidia and Tech Stocks Drive Nasdaq 100 to New High; Solar Sector Thrives, Meme Stock Bubble Pops: Recap of the Market This Week – AMC Entertainment (NYSE: AMC)

Tech stocks on the Nasdaq 100, including Nvidia Corp., saw a surge to record levels this week, driven by Nvidia’s excellent earnings report. This marked the fifth consecutive week of gains for the Invesco QQQ Trust (QQQ), the longest streak since January. Shares of Nvidia rose over 9% following their first-quarter financial results, which showed … Read more

Networks Drive Digital Business Success: Computer Weekly Study

by
Networks Drive Digital Business Success: Computer Weekly Study

In the latest edition of Cisco Global Network Trends, a study conducted in November 2023 by Cisco and IDC found that companies will be incorporating advanced network architectures and capabilities into their environments over the next two years. This will enable them to do more with limited human resources and redefine the network’s contribution to … Read more

New investments to enhance connectivity and drive economic growth in Africa

by
New investments to enhance connectivity and drive economic growth in Africa

Google has recently made announcements regarding new investments in digital infrastructure and security initiatives in Africa, with the goal of expanding connectivity, boosting economic growth, and enhancing resilience in the region. One of the major initiatives introduced is Umoja, which involves the construction of the first fiber optic route connecting Africa directly to Australia. The … Read more

Nvidia’s impressive earnings and OpenAI-News Corp partnership drive market activity, according to Investing.com

by
Nvidia’s impressive earnings and OpenAI-News Corp partnership drive market activity, according to Investing.com

U.S. stock futures rose as traders reacted to Nvidia’s impressive quarterly earnings report, with revenue climbing 262% and CEO Jensen Huang hinting at further growth with the launch of new AI chips. Meanwhile, OpenAI signed a content sharing deal with News Corp, gaining access to publications such as The Wall Street Journal and The Times. … Read more

AI boom continues to drive Nvidia’s profits to new heights

by
AI boom continues to drive Nvidia’s profits to new heights

Nvidia, a chipmaker known for its role in the artificial intelligence (AI) industry, has reported a significant increase in profits, growing sevenfold to $14.88 billion in the first quarter. This announcement has led to a surge in the company’s shares, reaching a record high. Based in Santa Clara, California, Nvidia saw its net income rise … Read more

Former Cisco Chairman John Chambers Predicts Artificial Intelligence will Drive Stock Market Growth for the Next Decade

by
Former Cisco Chairman John Chambers Predicts Artificial Intelligence will Drive Stock Market Growth for the Next Decade

Former Cisco president John Chambers has forecasted that artificial intelligence (AI) will be the driving force behind stock market growth in the next decade. He believes that AI will not only determine the success or failure of companies in the tech sector but also predicts that technology-related stocks will outperform non-AI stocks by a ratio … Read more

Gemini side panel in Labs now available to a wider range of Gmail and Drive users

by
Gemini side panel in Labs now available to a wider range of Gmail and Drive users

Google has recently made their Gemini AI more available to users of Gmail, Google Drive, and other Workspace products. This update allows users to leverage AI to explore their files and emails, summarize information, aggregate data, and provide responses using their account data, all powered by Gemini 1.5 Pro. The Gemini side panel within Workspace … Read more

Nutanix and NVIDIA join forces to drive enterprise AI adoption | TahawulTech.com

by
Nutanix and NVIDIA join forces to drive enterprise AI adoption | TahawulTech.com

Nutanix, a leader in hybrid multi-cloud computing, has partnered with NVIDIA to make it easier for enterprises to adopt generative AI (GenAI). This collaboration involves integrating NVIDIA NIM Inference microservices with Nutanix GPT-in-a-Box 2.0, allowing customers to build scalable, secure, high-performance GenAI applications across the enterprise and at the edge. The current focus of AI … Read more

Former Cisco CEO believes AI will drive the stock market in the next ten years

by
Former Cisco CEO believes AI will drive the stock market in the next ten years

Former Cisco CEO John Chambers predicts that artificial intelligence will be the driving force behind the stock market in the next decade, as he highlighted the impact AI has already had on the market in the past year. Chambers, who is also the founder and CEO of JC2 Ventures, emphasized the importance of investing in … Read more