Nvidia’s impressive growth, leading to a market cap of $3.34 trillion, has had a positive impact on technology stocks in Asia. Companies like Taiwan Semiconductor Manufacturing Corp (TSMC) and Hon Hai Precision Industry (Foxconn) saw gains of over 4%. In Japan, Advantest and SoftBank Group Corp also experienced significant increases in their stock prices. South … Read more
Global stock markets showed mixed results today after US chipmaker Nvidia set new records on Wall Street. The company’s shares soared after reporting strong earnings and revenue growth, boosting investor confidence in the tech sector. In the US, the S&P 500 and Nasdaq both closed at record highs, led by gains in tech stocks like … Read more
Investments in artificial intelligence are crucial for sustained progress in the technology sector. While companies like Apple, Microsoft, and the semiconductor industry have been driving the current rally, the software sector has struggled. However, Adobe and Broadcom are showing promising results due to their focus on AI. Adobe’s recent quarterly results exceeded expectations, with significant … Read more
Oracle, a leading technology company, is anticipating an increase in revenue for the fiscal fourth quarter, largely due to the strong performance of its cloud services. The company is optimistic about its financial outlook as demand for cloud-based solutions continues to grow. Oracle’s cloud business has been a key driver of revenue growth, with the … Read more
Hewlett Packard Enterprise (NYSE: HPE) experienced a significant increase in its stock value of over 15% following the release of better-than-expected quarterly results. The company reported earnings per share of $0.42, surpassing projections of $0.39, and revenue of $7.2 billion, exceeding consensus estimates of $6.83 billion. One of the standout performances was in HPE’s AI … Read more
The Camembert Quartet was recently captured on video playing music in one of Google’s conference and event rooms. The video was shared on Instagram and is part of a series of fun and interesting photos in their “photo of the day” column, which is focused on the search industry. Music lovers may appreciate the talented … Read more
Saurabh Netravalkar’s outstanding performance in the 2024 T20 World Cup on June 6 made waves on social media as the talented cricketer and senior software engineer at Oracle impressed fans with his skills. During the match between USA and Pakistan, Netravalkar took 2 wickets in 4 overs and defended the target in the Super Over, … Read more
NVIDIA (NASDAQ: NVDA) is preparing to undergo a 10-for-1 stock split today after experiencing significant growth over the past year. While a stock split does not affect a company’s business, it can serve as a catalyst for increased investor interest. History shows that stocks that have split tend to outperform the market in the 12 … Read more
Upstage, an AI enterprise solutions company, has announced plans to optimize its leading large language model (LLM), Solar Mini, on Intel Core Ultra processors. The company will also be integrating their WriteUp app, a writing assistant powered by Solar Mini, to run advanced AI tools offline on Windows PCs with Intel processors. This collaboration aims … Read more
Rivian Automotive has announced updates to its all-electric R1 truck and SUV models for the 2025 model year, focusing on improving range, performance, and computing power by incorporating NVIDIA chips into the vehicles. Although the exterior design remains largely unchanged, Rivian has redesigned more than half of the hardware components of the vehicles, including the … Read more