Intel’s shares have reached a three-month high as the tech company’s artificial intelligence products have shown promising results in reducing losses. The stock was previously considered “unloved” by investors but has seen a boost in value due to the positive performance of its AI offerings. Intel’s foray into AI technologies has not been met with … Read more
According to Mizuho analysts, Intel (INTC) stock has seen a 10% increase in value over the past five trading days, attributed to short-covering. This increase comes as hedge funds selling short positions in AI semiconductor companies such as NVDA, AVGO, and MU, leading to the covering of short positions in Intel and Advanced Micro Devices … Read more
According to a report from BrandZ by Kantar for 2024, AMD has surpassed Intel in terms of brand awareness, while NVIDIA has seen significant growth and ranks in the top 10. AMD’s brand recognition has increased due to its advancements in the AI industry, particularly in professional sectors. Their Instinct line of AI accelerators has … Read more
The NASDAQ index has reached new highs as Intel saw a 5.9% gain, propelling the market as the S&P 500 and Dow Jones also made gains. This positive momentum comes amid ongoing concerns about the impact of rising inflation on the stock market. Intel’s strong performance boosted the technology-heavy NASDAQ index, which hit new highs … Read more
Intel (NASDAQ:INTC) had a great day in the stock market, with shares rising more than 5% on Monday afternoon trading. A report from analysts at Melius Research suggested that Intel, which has been lagging in artificial intelligence (AI) compared to competitors like Nvidia (NASDAQ:NVDA), could see a resurgence in the second half of the year. … Read more
Intel’s shares are experiencing a more than 5% increase, with no clear bullish drivers in sight. Mizuho analysts suspect that a short-covering operation is underway in the semiconductor sector, as evidenced by the recent rise in ARM, AMD, and ON stock prices. The firm suggests that hedge funds may be looking to reduce exposure to … Read more
In June 2024, Oracle’s stock rose by 20.5%, driven by the company’s strong performance in the fourth quarter. Despite mixed earnings results, Oracle’s partnership with OpenAI and the growth of its Oracle Cloud Infrastructure (OCI) platform captured investors’ attention. CEO Safra Katz highlighted the significance of OCI in helping to propel the company’s AI initiatives, … Read more
In June, Oracle’s shares experienced a significant increase of 20.5%. This surge in stock value can be attributed to a number of factors, including positive earnings reports, strong financial performance, and increased investor confidence in the company. Additionally, Oracle’s continued focus on innovation and growth in key business areas, such as cloud computing and data … Read more
The cryptocurrency known as Yai Crypto has experienced a significant increase in value, with a surge of 15.7% that has caught the attention of investors and experts alike. This rise has led many to wonder if Yai Crypto could potentially be the next big thing in the world of AI coins. One of the key … Read more
Shares of Broadcom (AVGO) surged by 10% following a recent stock split, a move that has generated significant interest among investors. This strong upward momentum comes amidst a number of bullish indicators that signal continued growth potential for the tech company. The stock split, which took place just 12 days ago, has already had a … Read more