Short positions in NVIDIA Corporation surged this week as the company surpassed Apple Inc to become the second most valuable company on Wall Street. Data from S3 Partners revealed that short positions in Nvidia reached $34.4 billion, making up about 1% of the company’s total market capitalization. This marked a significant increase compared to short … Read more
Broadcom, a diversified chipmaker, is well-positioned to benefit from the current AI boom. While not receiving as much attention as other AI stocks, the company is expected to see an increase in demand for chips, especially in the AI-powered generative infrastructure sector. With specialties in custom chips and network chips, Broadcom recently acquired VMware, further … Read more
Alphabet Inc., the parent company of Google, has shown incredible growth potential that could see it reach a valuation of $3 trillion in the near future. With a diverse range of businesses under its umbrella, including Google Search, YouTube, and Waymo, Alphabet has a unique advantage in various industries such as technology, advertising, and autonomous … Read more
Alphabet is on the verge of joining an elite group that includes Microsoft, NVIDIA, and Apple, all with a market value exceeding $3 trillion. As of currently, Alphabet’s value is around $2.177 trillion. The stock price is at $176.73 with around 12.4 billion outstanding shares trading at around $181 each. The company is expected to … Read more
Marketing and Marketing Research Pvt. Limited. Limited based in Chicago has released a report forecasting the growth of the IIoT platform market. The report projects that the market size will increase from $9.5 billion in 2023 to $18.2 billion in 2028, with a compound annual growth rate (CAGR) of 13.9% over the forecast period. The … Read more
Bragar Eagel & Squire, PC, a prominent shareholder rights law firm, has filed class action lawsuits on behalf of shareholders of Intel Corporation (NASDAQ: INTC), AXT., Inc. (NASDAQ: AXTI), and Li Auto Inc. (NASDAQ: LI). The deadlines for shareholders to request to be lead plaintiff in these lawsuits are approaching. For Intel Corporation (NASDAQ: INTC), … Read more
NVIDIA stock (NASDAQ: NVDA) has shown impressive growth in demand for its data center products driving AI applications, leading Rosenblatt analyst Hans Mosesmann to recommend investors buy the stock. The company’s $1,400 price target for NVIDIA stock remains one of the highest on Wall Street, representing a 34% gain even after a rise following its … Read more
Barry Knapp, managing partner at Ironsides Macroeconomics, recently discussed the possibility of the United States facing a sovereign debt crisis on ‘Making Money.’ In other news, Nvidia’s stocks have reached a new all-time high, contributing to a boost in retirement accounts as the Nasdaq hits a new record. Additionally, News Corp. and OpenAI have struck … Read more
IQM Quantum Computers, a leading global quantum computing company, announced the availability of IQM Garnet through Amazon Braket, Amazon’s quantum computing service. This collaboration allows researchers, scientists, and developers to explore quantum computing using a high-fidelity 20-qubit quantum processing unit (QPU) based on superconducting transmon qubits. This marks the first time IQM quantum computers are … Read more
According to a Wall Street analyst, Microsoft’s stock (MSFT) has seen success due to its focus on artificial intelligence (AI). The company has integrated Generative AI tools into its products and services, positioning itself as a leader in the industry. Despite already being the most valuable company in the world, there is belief among investors … Read more