-
Apple Shares Set For Further 5% Drop Amid China Woes And EU Fine, Says Jim Cramer: 'Own It, Don't Trade It'
Wednesday, March 6, 2024 - 4:55am | 642As Apple Inc (NASDAQ:AAPL) grapples with a downturn in China and a recent European Commission fine, CNBC’s Jim Cramer foresees a further 5% dip in its shares. Despite the ongoing turmoil, Cramer remains steadfast in his decision to hold on to his shares. What Happened: Dwindling demand for...
-
Tech Rally Or Dotcom Déjà Vu? The Magnificent Seven's Secret Sauce Unveiled
Friday, March 1, 2024 - 4:06pm | 839The U.S. tech rally has been nothing short of spectacular over the past year. According to Peter Callahan, a sector specialist at Goldman Sachs Global Banking & Markets, it’s not just a fleeting phenomenon but is rooted in sustainable and enduring fundamentals. The S&P 500 Index is...
-
Intuitive Machines, Carvana, Block, Nvidia, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Friday, February 23, 2024 - 12:08am | 746Major U.S. stock indices ended Thursday in the green with the Dow Jones Industrial Average closing higher by 1.2% at 39,069.11. The S&P 500 rose 2.1% at 5,087.03, while the tech-heavy Nasdaq gained nearly 3% at 16,041.62. These are the top stocks that gained the attention of retail traders and...
-
Meet Gemma, Google's Lightweight Open Source AI Models Aimed At Developers Making Chatbots
Wednesday, February 21, 2024 - 9:40am | 583In a recent announcement, Google (NASDAQ: GOOG) introduced Gemma, a new generation of advanced open models focusing on promoting responsible AI development. What Happened: According to a post on the Google Developers Blog, Gemma is a part of Google’s ongoing efforts to make AI...
-
Nvidia's Rally Steals Limelight, But This Unsung AI-Levered Stock Has Witnessed A 9,900% Rocket Ride Since 2007 IPO
Tuesday, February 20, 2024 - 5:50am | 979Even as major tech players like Nvidia bask in the AI spotlight, Super Micro Computer Inc. (NASDAQ:SMCI) has quietly reaped significant rewards from its exposure to this booming technology. Since the start of 2023, coinciding with the launch of OpenAI’s ChatGPT and the...
-
Josh Brown Says Market May Have 'Topped' For The Year As Nvidia Stock Has Become An Algorithm Casino 'Freak Show'
Thursday, February 15, 2024 - 3:43pm | 650Although you don’t get an alert to sell when the market reaches a top, sometimes it becomes pretty obvious, according to Ritholtz Wealth Management's Josh Brown, who believes it is currently in one of those times. “They don’t ring a bell at the top, but sometimes they sort of do...
-
Nvidia Eyes Future Tech: Secures High-Bandwidth Memory For 2025, Invests In AI Chatbot Developer Kore.ai
Tuesday, January 30, 2024 - 1:12pm | 490Nvidia Corp (NASDAQ:NVDA) is in talks with SK Hynix about procuring High Bandwidth Memory (HBM) for the first quarter of 2025. As the only provider of high-bandwidth memory (HBM) in 2023, SK Hynix’s 2024 supplies — which doubled — being quickly taken up, the Digitimes reports. Previous...
-
If You Invested $1,000 In This AI Stock When David Tepper's Appaloosa First Entered, You'd Have Over 3X Your Money Today
Wednesday, January 17, 2024 - 10:51am | 602Billionaire hedge fund manager and owner of the Carolina Panthers of the NFL, David Tepper, has been bullish on Meta Platforms Inc (NASDAQ:META) stock since March 2016. Meta stock is up about 232% since March 2016 and analysts continue to be bullish on the stock. Also Read: This Analyst Just...
-
Apple AI Team In San Diego To Be Dissolved, Employees Face Termination Or Relocation: Report
Monday, January 15, 2024 - 7:38am | 621In a significant move, Apple Inc. (NASDAQ:AAPL) has decided to reportedly disband a 121-member team in San Diego, California, that is dedicated to artificial intelligence (AI) operations. What Happened: The company has given the employees the option to either relocate to Austin, Texas, or face...
-
Baidu's AI Chatbot Ernie Surpasses 100M Users, Giving OpenAI A Run For Its Money
Friday, December 29, 2023 - 7:57am | 569Chinese technology company Baidu Inc. (NASDAQ:BIDU) recently revealed that its artificial intelligence (AI) chatbot, Ernie, has exceeded 100 million users. What Happened: As CNBC reported, Baidu’s Ernie bot, a comparable product to OpenAI’s ChatGPT, topped the 100 million user mark on...
-
FBI Expresses Concerns Over China's Potential Misuse Of AI for Espionage
Tuesday, December 26, 2023 - 5:33am | 578The Federal Bureau of Investigation (FBI) has voiced concerns about the potential misuse of artificial intelligence (AI) by China to enhance its alleged spying efforts. What Happened: As per a report from The Wall Street Journal on Monday, U.S. intelligence agencies are worried about China’s...