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)

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

Exciting WorkTech Updates: Mendix, IBM, and Epicor in the Spotlight for the Week of May 24th

Exciting WorkTech Updates: Mendix, IBM, and Epicor in the Spotlight for the Week of May 24th

This week in WorkTech news, Accenture has completed the acquisition of Udacity, a digital education company focused on technology courses. Cleo and Terillium have announced a new partnership to provide Oracle customers with a flexible B2B integration platform. Epicor has unveiled its new Epicor Growth portfolio, offering AI and BI capabilities for specific industries. IBM … Read more

AI News Update: Amazon, IBM, Microsoft, and More – Week of May 24

AI News Update: Amazon, IBM, Microsoft, and More – Week of May 24

In the week of May 24, 2024, there were several key developments in the field of artificial intelligence. Agnostiq introduced a new AI model training and servicing platform, while Covalent unveiled a tool that allows users to create AI applications with ease. Amazon partnered with Hugging Face, a central hub for AI researchers to share … Read more

After one week, Google AI Overviews are already being inundated with ads

After one week, Google AI Overviews are already being inundated with ads

Google has made significant strides in artificial intelligence (AI), as highlighted during the Google I/O Developer Event. The event focused on AI announcements, with Google mentioning the term “AI” more than 120 times. Some key announcements included the introduction of Gemini to Google Photos, the launch of Gemini 1.5 Pro and 1.5 Flash, integration of … Read more

Nvidia Dominates AI Events Ahead of Anticipated Earnings This Week

Nvidia Dominates AI Events Ahead of Anticipated Earnings This Week

Nvidia is receiving praise for its advanced chips used in the latest artificial intelligence models. OpenAI’s chief technology officer thanked Nvidia’s CEO Jensen Huang for providing the necessary chips for their recent demo. Similarly, Google’s CEO Sundar Pichai highlighted the partnership with Nvidia and announced their plans to use Nvidia’s chips in Google Cloud starting … Read more

AI Stocks (Celestica, Super Micro Computer, Broadcom) Soared This Week – Find Out Why

AI Stocks (Celestica, Super Micro Computer, Broadcom) Soared This Week – Find Out Why

Artificial intelligence (AI) stocks experienced a notable increase in value last week, fueled by a wave of optimism and significant announcements from industry giants like OpenAI and Alphabet (NASDAQ: GOOGL). OpenAI unveiled a new model, while Google announced the integration of AI technology across all its products. These developments have sparked heightened interest and investment … Read more

NVIDIA vs Broadcom: Which AI Stock Came Out on Top This Week?

NVIDIA vs Broadcom: Which AI Stock Came Out on Top This Week?

NVIDIA (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) saw significant increases in their stock prices this week, buoyed by positive product news from OpenAI and Google. NVIDIA remains a leader in AI training, while Broadcom has made strides in AI inference, particularly through their collaboration with Google on TPUs like the new Trillium model. NVIDIA’s stock … Read more

Latest Storage and Data Protection Updates: HPE, NetApp, Veeam and More – Week of May 17

In the week of May 17, 2024, several key developments in data storage and protection were reported. Cirata Data Migrator is now available on Google Cloud, offering an automated solution for moving data between different environments. Cloudflare has partnered with the US Treasury and PNNL to enhance threat intelligence for financial institutions. Elastic has introduced … Read more

Broadcom Suspends VMware Sales One Week To Migrate SAP To Oracle

Broadcom Suspends VMware Sales One Week To Migrate SAP To Oracle

Customers will also lose the ability to set user permission, manage enterprise agreements, or purchase support between April 30 and May 6, according to an update to VMware’s knowledge base Tuesday. Broadcom is suspending all VMware sales and upgrades—along with nine other critical features —for a week so it can move VMware’s SAP-based ERP (enterprise … Read more

The Week in Ransomware – April 5th 2024 – Virtual Machines under Attack

The Week in Ransomware – April 5th 2024 – Virtual Machines under Attack

Ransomware attacks targeting VMware ESXi and other virtual machine platforms are wreaking havoc among the enterprise, causing widespread disruption and loss of services. Panera’s massive IT outage last month that took down internal systems, the website, mobile apps, and phones was caused by a ransomware attack encrypting the company’s virtual machines. While the company has … Read more