Asian stocks rose on Tuesday despite a decline in Wall Street’s NVIDIA. The Nikkei 225 in Japan increased by 0.5%, while Hong Kong’s Hang Seng rose by 0.5% and the Shanghai Composite Index fell by 0.3%. Australia’s S&P/ASX 200 gained 0.9%, South Korea’s Kospi rose 0.5%, and Taiwan’s Taiex lost 0.3%. The S&P 500 fell … Read more
Broadcom Inc. is currently experiencing a reversal in its stock price, possibly leading to a significant move lower. This has caught the attention of trading experts, who have designated Broadcom as the “Stock of the Day.” A change in market leadership, whether from bears to bulls or vice versa, can result in a reversal pattern … Read more
Intel is gearing up to release its new Core Ultra 200V “Lunar Lake” and Core Ultra 200 “Arrow Lake-S” processors for laptops and desktops, respectively. According to a report from Benchlife, the Lunar Lake processor will feature a new CPU and GPU architecture with integrated memory that will help it compete against Qualcomm’s Snapdragon X-series … Read more
U.S. stocks had a mixed day on Monday, with the Dow Jones reaching a one-month high while the S&P 500 and Nasdaq struggled. AI-related stocks took a hit, with Nvidia dropping over 6.5% for the third consecutive session. Despite recent losses, experts like Rod von Lipsey of UBS Private Wealth Management believe that the AI … Read more
U.S. stocks were mixed on Monday, with the S&P 500 inching closer to its record high while the Dow Jones Industrial Average rose 1%. The Nasdaq composite, however, was down 0.5%, partly due to a 5.5% drop in Nvidia’s stock, which had been on a streak of rapid growth. The chip company has seen significant … Read more
NVIDIA is expanding its AI ventures to the Middle East by collaborating with Ooredoo to establish large data centers in the region. This move comes after facing challenges in China due to US regulations. Ooredoo, a major tech player in the Middle East, will deploy NVIDIA’s AI computing platform to drive innovation and digitalization in … Read more
Intel Co. (NASDAQ: INTC) saw a 1% increase in its stock price on Friday, reaching as high as $31.20 before closing at $30.92. The trading volume was lower than the average daily volume. Several analysts recently revised their price targets for Intel, with some lowering them due to various factors affecting the company’s performance. Overall, … Read more
IBM and Red Hat are facing lawsuits alleging discrimination in hiring practices, as Missouri’s state attorney general filed a lawsuit that claims IBM has adopted illegal policies favoring applicants of a certain skin color. This alleged discrimination violates state and federal laws, according to Attorney General Andrew Bailey. The lawsuit aims to address what Bailey … Read more
The recent surge in artificial intelligence investments has led to record inflows of about $8.7 billion into technology funds, according to Bank of America Corp. strategists. This trend was highlighted by Nvidia Corp. briefly becoming the world’s most valuable company, with a market capitalization of $3.3 trillion, surpassing Microsoft Corp. U.S. stocks reached new highs … Read more
The stock market experienced a dip on Thursday after hitting record highs earlier in the session. Nvidia saw a record surge, making it the most valuable publicly traded company in the world but also took a breather. The S&P 500 and Nasdaq Composite both experienced drops after briefly reaching new highs. The Dow Jones Industrial … Read more