Focus

CoreWeave, an AI cloud provider supported by Nvidia, ramps up cryptocurrency mining operations as miners shift focus to artificial intelligence; extends contract expansion.

by
CoreWeave, an AI cloud provider supported by Nvidia, ramps up cryptocurrency mining operations as miners shift focus to artificial intelligence; extends contract expansion.

CoreWeave, a company previously involved in cryptocurrency mining, has transitioned into providing cloud-based AI training, model fine-tuning, and operation services. Through a partnership with Bit192, CoreWeave helped bring GPT-NeoX-20B to Japan, utilizing over 45,000 high-end Nvidia GPUs and native Kubernetes infrastructures to meet the growing demand for AI computing capabilities. To satisfy this demand, many … Read more

Today’s Stock Market: Dow, S&P 500, Nasdaq Expected to Open Lower; Nvidia, Micron, Amazon, Walgreens, Nike, DJT, and Other Stocks in Focus; Trump, Biden Debate Impacting Treasury Yields

by

U.S. stock futures slipped on Thursday, with technology stocks trailing behind after a recent period of strong performance. The Dow Jones Industrial Average futures dropped by 79 points, or 0.2%, following a small gain the day before. Similarly, S&P 500 futures and Nasdaq contracts both fell by 0.2%. The yield on the 10-year U.S. Treasury … Read more

HPE Discover Returns with a Focus on Generative AI: A Look into the Future, Not a Repeat of the Past

by
HPE Discover Returns with a Focus on Generative AI: A Look into the Future, Not a Repeat of the Past

Las Vegas is known for its vibrant entertainment scene, with billboards and flyers promoting shows all over the city. Sphere, the latest addition to the event venues, opened in September 2023 and has hosted performances by big names like U2, Phish, Dead & Company, and HPE CEO Antonio Neri. During HPE Discover 2024, delegates were … Read more

Faraday partners with Intel Foundry Accelerator Design Services Alliance to focus on advanced applications

by
Faraday partners with Intel Foundry Accelerator Design Services Alliance to focus on advanced applications

Faraday Technology Corporation, a leader in ASIC design services and IP solutions, has announced its participation in the Intel Foundry Accelerator Design Services alliance. This collaboration aims to advance ASIC design solutions for next-generation applications such as artificial intelligence (AI), high-performance computing (HPC), and AI-enabled vehicles. Faraday has a long history of providing a wide … Read more

Stock Market Update: Dow and S&P 500 Expected to Open Lower; Focus on Rivian, Nvidia, Micron, Chipotle, Alibaba, Tesla, and Other Market Movers; Keeping an Eye on Treasury Yields

by

US stock futures were mixed on Wednesday, with technology stocks continuing to outperform thanks to a rally in Nvidia shares. The Dow Jones Industrial Average futures were down 0.2%, while S&P 500 futures were down less than 0.1% and Nasdaq futures were up 0.1%. Bond yields saw a slight increase, with the 10-year Treasury bond … Read more

Teams will focus on unsuspecting Oracle Java users for licensing requirements

by
Teams will focus on unsuspecting Oracle Java users for licensing requirements

Organizations that use Java but do not consider themselves Oracle customers may be contacted by the tech giant in the next few months, according to House of Brick, a software licensing specialist. Oracle has been tracking product downloads and IP addresses to identify non-compliant Java SE usage, even for organizations that do not have a … Read more

VMware Streamlines Product Portfolio with Focus on Cloud Foundation and vSphere Foundation

by
VMware Streamlines Product Portfolio with Focus on Cloud Foundation and vSphere Foundation

Broadcom Inc. announced updates to its VMware Cloud Foundation private cloud platform, integrating networking, storage, and management capabilities. The new version of the vSphere hypervisor targets customers seeking basic virtualization technology. Cloud Foundation offers a unified platform for compute, networking, storage, management, and security, with Kubernetes as a native service. License portability allows users to … Read more

The ‘Dogs of the Dow’ continue to perform strongly despite investors’ focus on Nvidia

by
The ‘Dogs of the Dow’ continue to perform strongly despite investors’ focus on Nvidia

It has been a successful year for a group of blue-chip stocks known as the “dogs” of the Dow Jones Industrial Average, a strategy popularized by investor Michael O’Higgins in the 1990s. These stocks have the highest dividend yield at the end of each year, with the aim of benefiting from potential stock price increases … Read more

Investors Shift Focus from Nvidia as Dow Surges: Is it Time to Follow Suit? | Investing.com

by
Investors Shift Focus from Nvidia as Dow Surges: Is it Time to Follow Suit? | Investing.com

The stock market closed with losses, largely due to Nvidia’s decline of around 5%. Despite this, more stocks advanced than fell in the index. Investors are shifting away from AI-related stocks like Nvidia in favor of other options. Nvidia’s stock may face further challenges as it lost a critical support level at $125. Technical indicators … Read more

Don’t Focus on Nvidia: This Up-and-Coming AI Stock is Poised for Success in 2024, According to The Motley Fool

by
Don’t Focus on Nvidia: This Up-and-Coming AI Stock is Poised for Success in 2024, According to The Motley Fool

Nvidia has been a major player on Wall Street in 2024 due to the demand for its AI chips, resulting in significant stock growth. However, Snowflake has experienced a significant drop in its shares since January, raising questions about its potential. Despite this, there are reasons to believe that Snowflake may outperform Nvidia in the … Read more