Sector

Technology sector investigates Microsoft, OpenAI, and Nvidia for potential monopoly violations

by

US regulators are launching an investigation into major artificial intelligence companies, including Microsoft, OpenAI, and Nvidia, to ensure fair competition within the industry and prevent monopolies. The Department of Justice and the Federal Trade Commission have reached an agreement to investigate these companies, with the Justice Department focusing on Nvidia’s potential antitrust violations and the … Read more

Market Domination: HPE Earnings, Bitcoin Mining, and Discount Retail Sector Investments

by
Market Domination: HPE Earnings, Bitcoin Mining, and Discount Retail Sector Investments

In Wednesday’s episode of Market Domination, hosts Jared Blikre and Julie Hyman discussed retail sector plays, Kerrisdale Capital’s call to short Riot Platforms (RIOT), along with the day’s trending tickers. Shares of Snowflake (SNOW) were under pressure during the Data Cloud Summit, mirroring Riot Platforms’ decline after Kerrisdale Capital’s CIO labeled the bitcoin mining industry … Read more

Former IBM Chief Accessibility Officer visualizes a digital inclusion revolution for Taiwan’s manufacturing sector.

by
Former IBM Chief Accessibility Officer visualizes a digital inclusion revolution for Taiwan’s manufacturing sector.

Frances West, a leading advocate for digital inclusion in the business world, is working to introduce this innovative concept to Taiwan. As IBM’s first chief accessibility officer, West focused on incorporating human-first design principles into technological innovation. She testified before the United States Senate Foreign Relations Committee in support of the Convention on the Rights … Read more

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

Booming AI demand fuels chip sector rally, leading to Nvidia’s shares skyrocketing after blowout earnings

by
Booming AI demand fuels chip sector rally, leading to Nvidia’s shares skyrocketing after blowout earnings

On Thursday, Nvidia saw a 9% increase in its stock price after announcing a robust income forecast that highlighted the strong demand for AI-driven chips, leading to a surge in semiconductor stocks. This positive news came on the heels of a successful quarter for American tech giants, including Microsoft, where AI was identified as a … Read more

Nvidia CEO highlights Tesla’s lead in self-driving technology, boosting demand for chips in autonomous driving sector

by
Nvidia CEO highlights Tesla’s lead in self-driving technology, boosting demand for chips in autonomous driving sector

NVIDIA’s CEO, Jensen Huang, praised Tesla’s Full Self-Driving system (FSD) as the most advanced on the market, powered by Nvidia chips. Huang emphasized Tesla’s revolutionary approach to autonomous driving, specifically highlighting Tesla’s fully self-driving version 12 as an end-to-end generative model that learns from immersive videos to predict paths and drive the car. In a … Read more

Nvidia’s Stock Reaches Over $1,000 Due to Surge in Artificial Intelligence Sector

by
Nvidia’s Stock Reaches Over ,000 Due to Surge in Artificial Intelligence Sector

Nvidia’s decision to split its shares led to a surge in sales, with the company’s stock price surpassing $1,000 for the first time. On the other hand, Wall Street experienced a downturn due to concerns about inflation after the Federal Reserve’s latest meeting. Meanwhile, Amazon plans to update its Alexa voice assistant with AI technology … Read more

Veritone introduces AI-driven solutions for public sector on AWS Marketplace

by
Veritone introduces AI-driven solutions for public sector on AWS Marketplace

Veritone, Inc., a company specializing in human-centered AI solutions, has announced that its public sector solutions are now available on AWS Marketplace. This partnership allows public sector customers to easily access, purchase, and deploy a variety of Veritone’s AI solutions within the AWS cloud environment. These solutions have been recognized by the AWS Public Safety … Read more

Nvidia’s Comments on AI Chip Demand Could Have Broader Implications Than Just the Technology Sector

by
Nvidia’s Comments on AI Chip Demand Could Have Broader Implications Than Just the Technology Sector

The stock market is currently experiencing a wave of enthusiasm for artificial intelligence. Nvidia’s recent earnings call marked a year since the chipmaker surprised Wall Street with its demand for AI chips. Mentions of AI in earnings calls have increased by 186% since the first quarter of 2023, according to Bank of America Research. The … Read more

Rapid Growth in Artificial Intelligence Sector Set to Boost Nvidia’s Q1 Performance

by
Rapid Growth in Artificial Intelligence Sector Set to Boost Nvidia’s Q1 Performance

Nvidia, a leading tech company, is set to release its Q1FY25 results on May 22, with expectations of another strong quarter. The demand for generative AI in various applications has led to a positive outlook for Nvidia, known for its high-end graphics processing chips that are essential for AI workloads. The company is projected to … Read more