Stock market today: Rally wavers but Dow edges higher for 6th straight session

aol.com None US stocks wobbled on Wednesday but the Dow managed to notch its sixth winning session in a row. • None Tech stocks slid. Uber reported poor earnings and Intel adjusted…

The 3 Best Tech Stocks in May 2024

investorplace.com The tech industry has experienced remarkable growth over the last several years, especially this last year. Due to its rapid innovation, it is one of the most popular…

PayPal and Energy Web Team Up To Incentivize Green Bitcoin Mining

thedefiant.io PayPal is working with partners to provide incentives for Bitcoin miners to reduce their environmental impact. In an April 22 blog post published on Mirror, a…

Apple’s iPad event was an AI teaser for its future

aol.com Apple’s (AAPL) AI push has begun. On Tuesday, the company unveiled its latest iPad Pros packing an all-new M4 processor. The chip provides the Pro with a number of benefits…

Intel (NASDAQ:INTC) Drops After Losing License to Sell to China

tipranks.com Chip giant Intel (NASDAQ:INTC) had held on to a critical advantage in its sector for quite some time now. While many firms were legally barred from...

INTC Stock Falls as U.S. Revokes Intel’s Export License for Huawei

investorplace.com Intel (NASDAQ:INTC) stock is falling on Wednesday after the chipmaker’s license to export its products to Huawei was revoked by the Biden Administration. This builds on an…

Renewable energy provided 30% of world's electricity in 2023

theregister.com Thirty percent of the world's electricity in 2023 was generated by renewable energy sources, according to a think tank. The data comes from the Global Electricity Review…

Intel’s stock drops after U.S. revokes licenses for exports to China customer

marketwatch.com Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer…

Stock market today: Indexes slide amid earnings-fueled tech selloff

aol.com None US stocks dropped on Wednesday led by a selloff in the tech sector. • None Uber and Intel shares declined as traders fretted over earnings and weak guidance. • None…

Intel sees revenue falling below midpoint after U.S. Huawei ban

bnnbloomberg.ca Same old story for Intel, the bar was low but they still couldn’t pull it off: analyst (Bloomberg) -- Intel Corp. expects second-quarter revenue to fall below the midpoint…

US revokes Intel and Qualcomm's licenses for chip sales to Huawei

engadget.com The United States has taken further action to limit China's technological advancement, revoking licenses that allowed Intel and Qualcomm to buy and sell chips to Huawei…

US chip manufacturing capacity projected to triple by 2032, fueled by CHIPS Act: Industry leader

aol.com US chip manufacturing capacity is projected to triple by 2032, according to a new report published by the Semiconductor Industry Association (SIA), signaling progress nearly…

China is falling behind in race to become AI superpower

semafor.com Semafor Signals Supported by Insights from Nature, the Financial Times, Bloomberg, and The New York Times The News US-imposed curbs on advanced technology exports to China…

Stocks Open Down as Market Rally Stalls Amid Rising Treasury Yields

barrons.com The stock market’s May rally was stalling on Wednesday as bond yields turned higher and the latest wave of earnings reports disappointed. The Dow Jones Industrial Average…

Stock futures slide Wednesday as tech shares sell off: Live updates

cnbc.com Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024. Stock futures fell Wednesday as pressure on several tech names put the…

Israeli drone startup Xtend, which lets operators orchestrate teams of drones and robots, raised $40M led by Chartered Group at a ~$110M post-money valuation

techcrunch.com Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays — the sorts of replays that have…

Intel Says U.S. Commerce Department Revokes Licenses for Exports of Certain Items to Chinese Customer

wsj.com Intel said that the U.S. Department of Commerce revoked certain licenses for exports of certain items to a customer in China.

Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses

zerohedge.com Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses Intel provided an update on its second-quarter earnings forecast following the Biden…

Tech war: Huawei’s growing laptop business in China under threat after US revokes Intel, Qualcomm chip export licences

scmp.com The US commerce department confirmed that some export licences related to Huawei had been withdrawn, the report said. The US government has revoked special licences that let…

Intel flags revenue hit as U.S. revokes certain export licenses to Chinese customer

finance.yahoo.com Chipmaker Intel said on Wednesday the U.S. Department of Commerce was revoking certain export licenses for its consumer-related items to a customer in China, a move that…

Intel Stock Drops on Guidance Change as Export Licenses to China Revoked

barrons.com The Department of Commerce informs Intel that it is revoking certain licenses for exports of consumer-related items to a customer in China.

Next Bull Wave: 7 Stocks Ready to Dominate in the Upcoming Rally

investorplace.com Capitalize on emerging trends with the best stocks to buy for the next bull market surge If you’re on the hunt for stocks to buy for the next bull market, look no further.…

Stick to Your Guns! This Is the Ideal Entry Point for Taiwan Semiconductor Stock …

investorplace.com Be a patient bargain hunter, not an overeager trader, with TSM Taiwan Semiconductor (NYSE:TSM) is a chipmaking juggernaut. All companies, including Taiwan Semiconductor,…

The 7 Best Growth Stocks to Buy in May 2024

investorplace.com Grab these seven best growth stocks while their shares are still undervalued It’s been a tremendous year for growth stocks. New technologies and increasing consumer adoption…

7 Stocks to Buy Now or Regret It for the Next Decade

investorplace.com If you’re looking for stocks to buy for the next decade, there are a lot to choose from, especially if you’re looking to buy on weakness. After all, buying on weakness can…

Huawei’s licenses to buy chips from Qualcomm and Intel revoked

fortune.com The US has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp., according to people familiar with the matter, further…

US cancels export licenses of suppliers to China’s Huawei

aljazeera.com The United States has revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies.…

US commerce department yanks back Huawei export licenses

theregister.com The US Commerce Department has revoked some of the licenses held by tech companies to supply Chinese megacorp Huawei. Statements from the department made just hours before…

US revokes licences for sales of some chips to China's Huawei

bbc.com The move follows Huawei's release of an AI-enabled computer powered by a chip created by Intel.

6 Artificial Intelligence (AI) Stocks You Need to Keep on Your Radar

finance.yahoo.com In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other AI stocks. Check out the short video to learn more, consider subscribing, and click the…

Intel's quantum leap in wafer-wide cryo-testing sets cool new standard

theregister.com Intel says it has made two advancements towards realizing silicon-based quantum processors which involves optimizing a standard fabrication process and developing a means to…

Biden to tout $3.3 billion Microsoft investment in Wisconsin at former Foxconn site

thehill.com President Biden will travel to Wisconsin on Wednesday, where he will seek to draw a contrast between a major investment in the state from Microsoft and the Foxconn…

Biden hits Trump with $3 billion Microsoft announcement in Wisconsin

axios.com President Biden will travel to Racine County, Wisconsin, on Wednesday to unveil a $3.3 billion investment by Microsoft to build a new artificial intelligence data center,…

Missing from progressives' 2024 agenda: Medicare for All

axios.com Four years after Medicare for All dominated the Democratic presidential primary, some of the policy's most ardent backers are laying low this election season. Why it…

Futures tread water, more earnings ahead, Toyota reports

investing.com Investing.com -- U.S. stock futures hug the flatline as markets assess the potential of Federal Reserve interest rate cuts later this year. More quarterly earnings reports…

2 Red-Hot Artificial Intelligence (AI) Stocks to Buy Before They Soar 81% and 83%, According to Certain Wall Street Analysts

finance.yahoo.com Enthusiasm surrounding artificial intelligence (AI) propelled shares of Super Micro Computer (NASDAQ: SMCI) and SoundHound AI (NASDAQ: SOUN) higher by 506% and 96%,…

US Scraps Chipmakers’ Export Licences to Sell to China’s Huawei

asiafinancial.com The US has scrapped licences that permitted chipmakers such as Intel and Qualcomm to sell chips to Huawei Technologies, the Shenzhen-based Chinese tech giant, sources say.…

Apple reportedly developing AI chips for servers

theregister.com Analysis We can add Apple to the list of tech titans developing their own custom AI accelerators – at least that's what unnamed sources are telling the Wall Street Journal.…

Red Hat unveils RHEL AI and InstructLab to democratize enterprise AI

venturebeat.com At Red Hat Summit 2024 in Denver, Colorado, the open source software leader announced major new initiatives to bring the power of generative AI to the enterprise. The…

Inside OpenAI’s new plan for fighting deepfakes

platformer.news On Tuesday, OpenAI joined the steering committee of a little-known but increasingly powerful standards body known as the Coalition for Content Provenance and Authenticity,…

Undervaluing Nvidia Stock Was a Mistake, Says Top Investor

tipranks.com There’s nothing wrong with admitting you were wrong. In fact, admission of a previous erroneous take can come in quite handy in the stock market. Rather than double down on…

IBM says these back-office, network edge Power 10 servers would be sweet for – yes, you guessed it

theregister.com Not to be left out of the AI infrastructure game, on Tuesday IBM unveiled a pair of tiny Power 10 servers designed to preprocess data at the network edge. The Power S1012…

U.S. revoked some export licences for China’s Huawei

theglobeandmail.com The U.S. Commerce Department said on Tuesday it has revoked some licenses that allow companies to ship goods, such as chips, to China’s mobile phone and laptop maker Huawei.…

Apple unveils M4 chip with neural engine capable of 38 TOPS, and some other kit

theregister.com Apple held its anticipated iPad event today, and the most attention-grabbing news wasn't the new device models or the refreshed iPad Air lineup - it was the unveiling of…

Infineon trims financial forecast amid order slowdown

theregister.com Infineon, maker of chips for the automotive and industrial sectors, told investors that it is embarking on a cost purge after lowering revenue estimates for the full…

Intel (NASDAQ:INTC) Rises as It Works to Fix Processor Issues

tipranks.com Some of Intel’s (NASDAQ:INTC) higher-end processors have not exactly been living up to the hype. At least, that’s what some have found when running...

The 3 Best Stocks to Buy to Survive the Coming Nasdaq 100 Crash

investorplace.com Market crashes are simply a part of the investing cycle that leads to a new wave of growth The Nasdaq 100 has been on a tear. The tech-heavy index is up 37% over the past 12…

Huawei's Innovative Product Launch Event was Held in Dubai, Releasing Multiple New Blockbuster Products

benzinga.com DUBAI, UAE, May 7, 2024 /CNW/ -- On May 7, at Huawei's Innovative Product Launch event in Dubai, the company announced major new wearable, audio, and smart office products,…

Chip Stocks To Watch And Semiconductor Industry News

investors.com Track the latest news and trends for the leading chip stocks like Nvidia, Intel and Qualcomm, as well as the semiconductor industry as a whole. The post Chip Stocks To Watch…

Apple debuts iPad Pro with M4 chip, as company looks to turn around sales

aol.com debuted its latest lineup of iPads during a virtual launch event on Tuesday. The new tablets include more powerful versions of the $999 11-inch and $1,299 13-inch iPad Pro…

Futures muted, Fed's Barkin on rates, Disney to report

investing.com Investing.com -- U.S. stock futures were largely muted on Tuesday after hopes for Federal Reserve interest rate cuts later this year spurred on a jump in equities in the…

Insider Buying Isn’t Enough: Why Intel Stock’s Comeback Remains Uncertain

investorplace.com Intel's CEO is betting big, but you don’t have to follow suit Bearishness about Intel (NASDAQ:INTC) has been on the rise lately, but one Intel stock insider has been bucking…

Buy the Dip in AMD Stock Before the Chipmaker Skyrockets

investorplace.com With its share price down 12% over the past month, investors should take full advantage of the dip in Advanced Micro Devices (NASDAQ: ) stock before it once again…

Market Movers: 3 Stocks Destined to Dominate the Next Decade

investorplace.com Discover this trio's strategic moves set to redefine the tech sector Opportunities are abundant in technology. Especially in the semiconductor sector, they are more…

Better AI Stock: Super Micro Computer vs. ASML

finance.yahoo.com Super Micro Computer (NASDAQ: SMCI) and ASML (NASDAQ: ASML) represent two different ways to invest in the growing artificial intelligence (AI) market. Super Micro Computer,…

Google Cloud unveils Google Threat Intelligence, which uses Gemini and combines insights from Mandiant, VirusTotal, and Google to provide faster protection

crn.com Launched at RSAC 2024, the new Google Threat Intelligence offering provides faster protection against threats by combining insights from Mandiant, VirusTotal and Google with…