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What's Going On With Alibaba Stock On Friday?
Friday, May 24, 2024 - 7:35am | 605Read More...Alibaba Group Holding Limited (NYSE:BABA) announced on Thursday that it has expanded its global cloud computing availability. The head of the unit's international arm highlighted the company's AI products as a growth driver. The Chinese technology giant has extended the availability zone of...
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Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency
Thursday, May 23, 2024 - 12:54pm | 588Read More...Amazon.com Inc’s (NASDAQ:AMZN) cloud unit announced a partnership with AI startup Hugging Face to simplify running thousands of AI models on Amazon’s custom computing chips. On Wednesday, Amazon and Hugging Face announced a collaboration to enable this on Amazon Web ...
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What's Going On With Dell Stock On Thursday?
Thursday, May 23, 2024 - 11:19am | 520Read More...Dell Technologies Inc (NYSE:DELL) shares are trading higher as AI-related stocks gained in sympathy with partner Nvidia Corp (NASDAQ:NVDA). Meanwhile, Dell and Ericsson (NASDAQ:ERIC) collaborated to combine their industry expertise with telecom software, solutions, and support,...
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Ferrari Aims to Challenge Tesla with Launch of Electric Supercar in 2025
Thursday, May 23, 2024 - 8:18am | 597Read More...Ferrari NV (NYSE:DAVA) CEO Benedetto Vigna has enormous expectations from its electric supercar debut, similar to those of its existing blockbuster combustion-engine models. The company looks to launch its electric vehicle in the fourth quarter of 2025, Bloomberg Television ...
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What's Going On With Nvidia Supplier Taiwan Semi Stock On Thursday?
Thursday, May 23, 2024 - 7:29am | 563Read More...On Thursday, Taiwanese contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) projected a 10% annual revenue growth in the global semiconductor industry, excluding memory chips. "This is a new golden age of opportunity with artificial intelligence applications (AI),"...
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Google AI Powers Up Honor's Next Smartphone Lineup
Wednesday, May 22, 2024 - 10:37am | 426Read More...Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google will see its artificial intelligence features incorporated into upcoming Honor devices, the Chinese smartphone maker announced Wednesday. Honor plans to embed generative AI experiences into its new hardware, leveraging Google Cloud. The...
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Alibaba Rival PDD's Explosive Growth Continues, Revenue More Than Doubles
Wednesday, May 22, 2024 - 9:47am | 374Read More...PDD Holdings Inc (NASDAQ:PDD) reported fiscal first-quarter 2024 revenue growth of 131% year-on-year to $12.02 billion (86.81 billion Chinese yuan), beating the analyst consensus estimate of $10.65 billion. The Chinese online retailer’s adjusted earnings per ADS of $2.83 (CNY20...
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Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing
Wednesday, May 22, 2024 - 7:51am | 515Read More...Supermicro, Inc (NASDAQ:SMCI) announced additions to the Advanced Micro Devices, Inc (NASDAQ:AMD)—based H13 generation of CPU Servers powered by the AMD EPYC 4004 Series processors. Supermicro will feature its new MicroCloud multi-node solution, which supports up to ten...
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Uber and Lyft Gear Up for Pay Increases in Minnesota: What Drivers and Investors Need to Know
Wednesday, May 22, 2024 - 7:48am | 564Read More...Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers in Minnesota will receive higher pay starting January 1, 2025, thanks to a new law resulting from negotiations between the state and these ride-hailing giants. Governor Tim Walz, who supports the bill and...
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AMD Unveils Cost-Effective EPYC 4004 Series CPUs For Small Businesses and IT Providers
Tuesday, May 21, 2024 - 1:37pm | 496Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) launched the AMD EPYC 4004 Series processors that complement the existing AMD EPYC server CPU portfolio with new cost-optimized offerings for small and medium businesses and hosted IT service providers. The AMD EPYC 4004 Series CPUs, powered by the highly...
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Why Are Chinese Stocks Including Baidu, JD And Others Trading Lower Tuesday?
Tuesday, May 21, 2024 - 11:03am | 616Read More...U.S. short sellers are speculating that the surge in Chinese stocks is over. Capital will likely shift to emerging markets outside of China. The trend has led to a selloff in Chinese stocks: Baidu, Inc (NASDAQ:BIDU) JD.com, Inc (NASDAQ:JD) Alibaba Group Holding Ltd (NYSE:BABA) Bilibili Inc (...
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Nvidia's Leading Position Challenged as Industry Giants Support OpenAI's New Developer Software
Tuesday, May 21, 2024 - 9:44am | 610Read More...Nvidia Corp’s (NASDAQ:NVDA) rivals and significant clients are supporting an initiative led by OpenAI to develop software that facilitates the switch from Nvidia’s chips for artificial intelligence development. Despite Nvidia’s near monopoly on chips necessary...
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Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Tuesday, May 21, 2024 - 8:43am | 529Read More...Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business....
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Investment Advisor Says 'Throwing Random Darts At Tickers' Would Beat ARKK As Cathie Wood's Flagship Fund Lags Far Behind Soaring Market: 'How Do They Do It?!'
Monday, May 20, 2024 - 6:51am | 1231Read More...Ark Investment Management, led by star investor Cathie Wood, is facing a harsh reality in 2024. While the broader market is hitting record highs, Ark’s actively managed funds are lagging far behind, raising concerns about their future viability. One investment advisor has...
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What's Going On With AMD Stock Friday?
Friday, May 17, 2024 - 10:54am | 498Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) stock is trading higher Friday amid reports that Microsoft Corp (NASDAQ:MSFT) is eying the former’s artificial intelligence chips for its cloud computing customers. Azure’s cloud service could integrate AMD’s MI300X AI...
















