A group of engineers, researchers and a Silicon Valley-based chip company collaborated to release advanced Arabic language software that can power generative AI applications.
Nvidia (NVDA ) soared to a record high last Thursday after reporting blowout earnings for its fiscal second quarter and forecasting Q3 sales of $16 billion, well ahead of estimates of $12.5 billion. The outlook underscores Nvidia’s role as the key beneficiary of the artificial intelligence (AI) craze. Data center...
Viasat, Inc. VSAT recently announced that Korean Air has selected Viasat’s industry-leading inflight broadband connectivity (IFC) solutions for its upcoming Airbus A321neo fleet. Per the agreement, Safran Passenger Innovations wil
Verizon Communications Inc. VZ unveiled a new feature to augment customer protection against spammers. The new security tool enables customers to enact cyber defense mechanisms with ease. To activate it, users just need to send a
To buy back, or not to buy back. The highest U.S. interest rates in over 20 years coupled
with Wall Street's remarkable resilience has brought an old
boardroom dilemma into sharp focus: are share buybacks worth it?
Since the unveiling of OpenAI's ChatGPT last November, the interest of investors in artificial intelligence (AI) skyrocketed. Countless players are now getting attracted to the space as people are rethinking possibilities for disr
Nova Ltd. NVMI announced that a renowned global foundry company recently selected its PRISM 2 to facilitate advanced packaging procedures.Modern advanced packaging methods like 3D-stacking and mixed integration play a pivotal role
On the heels of Nvidia's (NASDAQ: NVDA) recent second-quarter earnings release, CEO Cathie Wood's Ark Invest firm continued to trim holdings in the semiconductor stock. The investment firm sold 3,952 shares of Nvidia from its Ark Genomic Revolution ETF on Aug. 24 -- working out t
U.S. stocks ended sharply higher on Tuesday, recording their third straight day of gains, as jobs data for July hinted at a cooling labor market while investors once again flocked to buy tech stocks in the closing days of a diffic
Ambarella AMBA reported a second-quarter fiscal 2024 non-GAAP loss of 15 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 21 cents. The company reported earnings of 20 cents per share in the year-
For many, concepts such as blockchain, NFTs/cryptocurrency, and the metaverse are still unchartered territory. For businesses, it will be important to keep this knowledge gap in mind when creating new products and services.
Wall Street's main indexes were set to inch up at open on Wednesday as fresh economic data indicated a cooling U.S. economy, keeping alive hopes the Federal Reserve could pause rate hikes in September.
The NASDAQ 100 Pre-Market Indicator is up 13.57 to 15,390.12. The total Pre-Market volume is currently 82,508,465 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.03 at $18.11, with 3,099,852 shares trad
The semiconductor industry that took a hit in the second half of 2023 is making a solid rebound and holds promise for the rest of the year. Experts had predicted that sales would bottom in the first quarter and then make a rebound
Some companies are simply unpredictable in the stock market. In the past two quarters, I've written about how Nvidia (NASDAQ: NVDA) may have difficulty meeting expectations. Both times, it blew projections out of the water. And now Nvidia expects to report record revenue again in
Building a portfolio with stocks that have robust liquidity levels will likely work in favor of investors seeking healthy returns, especially in the current volatile market scenario.
Shares of Nvidia (NASDAQ: NVDA) have crushed the stock market handsomely over the past year, gaining 183% as of this writing, compared to the Nasdaq Composite index's gains of just 12% during the same period. Investors can expect this red-hot run to continue in the coming year as
Artificial intelligence (AI) has the potential to reshape the global economy in the coming decade. Businesses of all sizes are seeking the means to harness the power of this game-changing technology, and they're willing to pay up to do so.