Stock futures were trading mixed on Tuesday as investors focused on the latest inflation data while semiconductor company Nvidia saw a decline in its shares. Investors are closely watching inflation data as concerns about rising prices continue to weigh on the market. The latest report could provide insight into the Federal Reserve’s next steps in … Read more
:max_bytes(150000):strip_icc()/NVDAChart-728c2c909550441cbb7d78311e8a1009.GIF?w=1500&resize=1500,571&ssl=1 "Nvidia Stock Comes Into Focus Following Decline from All-Time High")
Nvidia, a leading AI chip maker, is once again in the spotlight following a drop in its stock price from a recent record high and news of a partnership with Middle Eastern telecoms giant Ooredoo. The stock’s intraday reversal on Thursday created a bearish engulfing pattern, indicating a possible downward reversal following a significant price … Read more
Nvidia, a leading AI chipmaker, saw its shares fall from a record high after news of a deal with Middle Eastern telecoms giant Ooredoo. A bearish engulfing pattern formed on Thursday, indicating a potential downward trend. Investors should watch key chart levels at $119 and $110 for potential support. Ooredoo signed a deal with Nvidia … Read more
Broadcom recently announced a 10-for-1 stock split alongside its earnings release, showing growth in its software and AI product segments. The stock split, effective July 12, will not change the company’s value of around $780 billion. While a stock split may make shares more accessible, it does not alter a company’s fundamentals like earnings or … Read more
Amazon Web Services (AWS) recently announced the launch of Data Exports for FOCUS 1.0 in their AWS Billing and Cost Management platform. This new feature allows users to export their billing and cost management data from the FOCUS 1.0 console, providing them with more flexibility and control over their financial information. Data Exports for FOCUS … Read more
The most popular phone assistants allow users to interact with their devices hands-free. Google Assistant, introduced in 2019, aimed to enable users to operate their phones with voice commands. However, this feature was limited and required specific phrases to function. Competitors like Siri with Large Language Models (LLM) are striving to create voice assistants that … Read more
Advanced Micro Devices (AMD), a leading technology company, is making strategic moves to compete with Nvidia in the artificial intelligence (AI) chip market. Despite Nvidia’s dominance in AI chips, AMD sees an opportunity to pivot towards PCs to gain a competitive edge. AMD’s recent efforts to focus on PC processors have been paying off, with … Read more
The battle between the FTC and Microsoft over the planned acquisition of Activision-Blizzard is significant for the future of big tech and antitrust regulations. Traditionally, the FTC has focused on the consumer welfare standard, but the appointments of Lina Khan and Jonathan Kanter have signaled a shift towards tougher scrutiny of big companies, especially in … Read more
During the Partner Growth Summit, HPE focused on artificial intelligence (AI) and introduced new competencies partners can acquire to enhance their abilities in the technology. The event marked a shift from previous years, where the vendor had launched the Partner Ready Advantage program covering computing, AI, hybrid cloud, and edge activities. Now, the spotlight is … Read more
:max_bytes(150000):strip_icc()/AMZNChart-4eefd7f4800d4e06b49f6fce1185461b.GIF?w=1500&resize=1500,570&ssl=1 "Focus on Amazon Stock Rises as News Surfaces of Potential Major Cloud Investment in Italy")
Amazon’s stock is making headlines as Reuters reports that the company’s cloud computing arm, AWS, is in discussions with Italy to invest billions of euros in bolstering its data center business in the country. This news comes as AWS has recently announced plans to invest billions in cloud infrastructure in Spain and Germany as part … Read more