A group of 51 people, dubbed as the “Intel Ignorants”, are being investigated by authorities for allegedly using sophisticated tactics to leak sensitive corporate information. These individuals are suspected of gathering intelligence on various companies and then sharing that information with traders, allowing them to potentially profit from insider knowledge. The investigation into the 51 … Read more
The Wall Street Journal recently published an article discussing Intel’s board of directors and their lack of expertise in key areas. The article highlights the fact that out of the 51 directors, only a few have experience in crucial fields such as manufacturing, engineering, and design. This lack of diverse expertise could potentially hinder Intel’s … Read more
Nvidia’s market capitalization has hit $3 trillion, making it one of the most valuable companies in the world. The chip specialist is at the forefront of the AI revolution, with its stock seeing a significant increase of 150% so far this year. Analysts are bullish on Nvidia’s future, with Rosenblatt Securities raising their price target … Read more
NVIDIA, the chip specialist at the forefront of the AI revolution, has seen its market cap soar to over $3 trillion, briefly surpassing Microsoft as the most valuable company. Shares are up 150% this year, with analyst Hans Mosesmann raising his price target for NVIDIA from $140 to $200, implying a 59% upside. The company’s … Read more
Ricoh Company has chosen Rimini Support and Rimini Protect to secure and optimize its existing Oracle EBS and Oracle Database environments as it looks towards the future of its ERP strategy. Currently utilizing multiple instances of Oracle products for its transactional processes, Ricoh is planning to transition away from these in the long term. Seeking … Read more
Stocks in both Europe and Asian markets rose on Wednesday following a boost in NVIDIA that offset weakness in Wall Street. Major indices such as Germany’s DAX, Paris’ CAC 40, and London’s FTSE 100 all saw gains. Asian markets, including Japan’s Nikkei, also experienced positive movement, with Tokyo Electron, Advantest Corp., and Shin-Etsu Chemical Co. … Read more
Nvidia’s surge on Wall Street supported a weakening market on Tuesday, with the S&P 500 rising 0.4% and the Nasdaq Composite climbing 1.3%, its first gain in four days. However, the Dow Jones Industrial Average fell 0.8%. Nvidia’s 6.8% increase prevented a loss for the S&P 500, as the chip company’s shares rebounded after a … Read more
U.S. stock index futures stabilized on Tuesday afternoon as Nvidia and other chipmakers rallied, boosting Wall Street indexes. However, investors remained cautious ahead of key inflation data to be released later in the week, which could impact interest rate expectations. Nvidia, a leading artificial intelligence company, recovered nearly 7% after recent losses, helping its peers … Read more
Nvidia’s recent rebound has positively impacted the Nasdaq, driving the index higher. The tech company’s strong performance has bolstered investor confidence and contributed to the overall gains in the market. Nvidia, known for its advanced graphics processing units (GPUs), has seen a surge in demand for its products as more industries adopt artificial intelligence and … Read more
Nvidia’s rally lifts Wall Street with the S&P 500 approaching record levels and the Nasdaq Composite seeing gains for the first time in four days. The Dow Jones Industrial Average, which doesn’t include Nvidia, fell. Despite this, the overall strength in the market was notable. Nvidia’s strong performance reflected its significance in the tech industry … Read more