Micron stock slides as wider loss forecast offsets Nvidia deal boost

thestreet.com Get Free Report shares slumped lower in in pre-market trading after the memory chip maker forecast further near-term losses despite an expected boost from a supply deal with…

Morning Bid: Oil spike delivers coup de grace to dire Q3

reuters.com A nighttime view of the Torrance Refinery, an oil refinery operated by PBF Energy, in Torrance, California, U.S., March 10, 2022. REUTERS/Bing Guan Acquire Licensing Rights…

Microsoft exec remains tight-lipped about making in-house AI chips

aol.com didn't deny that it's looking at making its own chips. For some time, rumors have swirled that Microsoft, like Apple (AAPL) and Amazon (AMZN), is pursuing a chip solution…

Raspberry Pi 5 revealed: faster, but lacks audio jack

theregister.com The Raspberry Pi 5 arrives in October with both a leap in performance and an incremental price rise. But will you be able to get your hands on one? Originally aimed at…

Micron widens loss forecast, shares drop; chipmaker hopes to supply Nvidia

reuters.com A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire…

A $90 Billion Valuation for OpenAI? Tech’s New Star Is Red Hot

barrons.com OpenAI’s valuation could rise threefold to somewhere between $80 billion and $90 billion, making the artificial-intelligence start-up behind ChatGPT more expensive than…

US Intelligence Agencies Are Putting the AI in CIA

pymnts.com Artificial intelligence (AI) is taking the private sector by storm. But its rapid integration across the commercial ecosystem doesn’t mean that governments around the world…

Oil rises to a one year high, sparking inflation worries

financialjuice.com Treasuries fell while stocks rose as investors weighed the prospect of higher interest rates and rising oil prices. For the sixth day in a row, the dollar has risen. - The…

Micron's bottom line exceeds Wall Street expectations, but outlook doesn't

marketwatch.com Micron Technology Inc.’s results came in better than expected Wednesday as the memory-chip maker reported revenue in the extended session that topped Wall Street estimates,…

AMD CEO on AI: 'I'm not a believer in moats' given how fast the market is moving

aol.com CEO Dr. Lisa Su thinks AI is moving too quickly for any competitive moats to be set in stone. "I'm not a believer in moats when the market is moving as fast as this," Su…

LG Gram Pro 17 review: a Gram with more gusto

theverge.com The way LG has been treating its Gram line recently takes the word “expansion” to a new level. On one end of the spectrum, we have the LG Gram Style, an ultrathin and…

Microsoft technology chief says supply of Nvidia's AI chips is improving

cnbc.com Nilay Patel, left, editor-in-chief of the Verge, and Kevin Scott, Microsoft's chief technology officer, speak at Vox Media's Code Conference at The Ritz-Carlton Laguna…

S&P 500 Equal Weight Index Dips into Red Year-to-Date. Shows Entire Market Depends on 8 Giants, but They’re Swooning Too

wolfstreet.com QE giveth, QT taketh away. The two sucker rallies this year of the S&P 500 Equal Weight Index got wiped out. Stocks in the S&P 500 Equal Weight index [IQX] are not weighted…

Amazon’s and Google’s stocks could be a 'win-win' even if both companies face government-ordered breakups

marketwatch.com Today is Google’s 25th birthday. Today is also a day when investors are reacting to a lawsuit by the Federal Trade Commission and 17 states against Amazon.com Inc., accusing…

FTC to revive fight against Microsoft's acquisition of Activision Blizzard

aol.com The Federal Trade Commission is bringing back its lawsuit challenging Microsoft's (MSFT) $69 billion acquisition of video game giant Activision Blizzard (ATVI). The revived…

Blockbuster report of OpenAI’s talks with iPhone designer Jony Ive about an AI hardware device suggests he ‘wants a front-row seat’ for the AI revolution, top…

aol.com OpenAI continues to plan for the AI future it ushered in when it released its wildly popular ChatGPT chatbot last November, according to a blockbuster report in The…

Sources: Meta's VP of infrastructure, who oversees the company's efforts to develop its own chips for AI work, is leaving at the end of September 2023

reuters.com A smartphone with a displayed Meta logo is placed on a computer motherboard in this illustration taken February 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire…

Alexa, will generative AI make you more useful?

semafor.com The Scene While the U.S. Federal Trade Commission has branded Amazon a monopoly, advances in artificial intelligence are spurring the tech giant to act more like a startup…

2 Top AI Stocks Ready for a Bull Run

fool.com Semiconductor stocks have mostly been on fire on the market in 2023, which is evident from the impressive 33% surge in the PHLX Semiconductor Sector index so far this year.…

Shares Soaring Today

stockstory.org Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 5.88% in the morning session after the company launched Workers AI, a platform that…

Blockbuster report of OpenAI’s talks with iPhone designer Jony Ive about an AI hardware device suggests he ‘wants a front row seat’ for the AI revolution, top…

fortune.com OpenAI continues to plan for the AI future it ushered in when it released its wildly popular ChatGPT chatbot last November, according to a blockbuster report in The…

Photo giant Getty took a leading AI image-maker to court. Now it’s also embracing the technology

theglobeandmail.com Anyone looking for a beautiful photograph of a desert landscape can find many choices from Getty Images, the stock photography collection. But say you’re instead looking for…

Down 15% From Highs, What's Next for Nvidia Stock?

barchart.com After an impressive run higher this year, Nvidia still has significant room for growth. This suggests the September slump in the stock's price presents a compelling buying…

2 Super Stocks to Buy During the Latest Sell-Off in the Nasdaq

fool.com Wall Street bankers and fund managers have a tendency to take time off during August and September. As a result, stock market trading volumes drop, and fewer buyers are…

Market Volatility Ticks Higher In Advance Of Possible Government Shutdown

forbes.com Government Shutdown Looking More And More Likely It was another turbulent day for stocks. The S&P 500 fell 1.5% while the Nasdaq Composite was down 1.6%. Both indices are…

Cloudflare Launches AI Platform to Support Scalable AI Applications

decrypt.co Internet performance and security company Cloudflare unveiled on Wednesday the introduction of Cloudflare AI and a suite of generative artificial intelligence tools for…

Futures Rise After Key Data

investors.com Dow Jones futures rose Wednesday morning, along with S&P 500 futures and Nasdaq futures, after key economic data. Retail giant Costco (COST) sold off after its quarterly…

At $420, What Are The Risks For Nvidia Stock?

forbes.com Nvidia stock (NASDAQ: NVDA) has done exceedingly well this year rising by almost 3x since early January. There’s a lot going on for Nvidia. Technology companies and…

French billionaire Xavier Niel pledges to invest up to $210 million in AI

techcrunch.com Xavier Niel, the founder, CEO and majority shareholder of telecom company Iliad, has announced several new projects around AI and told the AFP that he plans to conduct…

Is AI really going to boom in 2023/2024?

medium.datadriveninvestor.com Is AI really going to boom in 2023/2024? Maching Learning, AI, ChatGPT, Bard… and so on. You’ve probably heard most if not all of them. These are some of the famous…

US to ‘Indefinitely Extend’ China Chip Waivers For South Korea

asiafinancial.com Top South Korean chipmakers are set to receive an indefinite extension of their permissions to import American chipmaking technology to their fabs in China, Yonhap news…

Here's What Retail Investors Are Most Interested In Buying

zerohedge.com Here's What Retail Investors Are Most Interested In Buying U.S. retail investors, enticed by a brief pause in the interest rate cycle, came roaring back in the early summer.…

Attracts $4 Million Whale Demand

beincrypto.com price currently sits at $0.21, down 20% from its monthly high of $0.27 recorded on September 3. On-chain data examines how the increased whale demand coinciding with NVIDIA…

Big Tech Titans Feel the Chill as AI Stocks Slide

marketbeat.com You only need to look at the one-month decline in AI chip powerhouse Nvidia Corp. NASDAQ: NVDA to understand that something has changed. Is Nvidia's pullback a sign that the…

Getty Images Launches 'Commercially Safe' AI Image Generator

searchenginejournal.com Getty Images, the visual content giant, recently partnered with NVIDIA, a leader in computing technology, to introduce a groundbreaking service: Generative AI by Getty…

What's Going On With Nvidia Stock Tuesday?

finance.yahoo.com Nvidia Corp (NASDAQ: NVDA) stock beat the broader indexes Invesco QQQ Trust, Series 1 (NASDAQ: QQQ), and SPDR S&P 500 (NYSE: SPY) Tuesday as the artificial intelligence…

Analysis: Harsh reality of 'higher-for-longer' rates looms over US stocks

reuters.com As the Federal Reserve’s hawkish stance boosts Treasury yields and slams stocks, some investors are preparing for more pain ahead. For most of the year, equity investors…

Most of S&P 500’s Gains Driven by 7 Firms, Others Up Less than 5% YTD

247wallst.com The S&P 500 has rallied over 12% year-to-date, but recent analysis showed that over 50% of its gains came from the index’s top 7 biggest stocks. On the other hand, the…

4 Crypto Stocks in Focus Amid Continued Market Volatility

247wallst.com The cryptocurrency market has been suffering over the past couple of months after staging a solid rebound this year. The scene deteriorated further last week, with the…

NFTs are 94% worthless and also up over 52,000%

forkast.news Last week a majority of the world learned that 95% of non-fungible tokens are worthless. Know who already knew this? Everyone still following NFTs. Over time you get a feel…

Nvidia Forges An Artificial Intelligence Revolution. What Could Get In The Way?

investors.com Ask Wall Street analysts about the current market for artificial intelligence and Nvidia stock — and you get a lot of different answers. "There's a fourth industrial…

Cramer suggests investors use market weakness as a buying opportunity, ties poor stock performance to high bond yields

cnbc.com CNBC's Jim Cramer said Tuesday that investors should view recent stock market weakness as an opportunity to buy, despite the increasing competition offered by U.S.…

Nvidia CEO Jensen Huang returned to the company's birthplace 30 years later

bizjournals.com Unlike other Silicon Valley companies, Nvidia was born at a diner booth, not in a garage.

Researchers detail a cross-origin attack affecting Chrome that lets a malicious site read pixels from another site; it exploits how modern GPUs compress images

arstechnica.com GPUs from all six of the major suppliers are vulnerable to a newly discovered attack that allows malicious websites to read the usernames, passwords, and other sensitive…

Stocks, banks, and real estate are headed for trouble

finance.yahoo.com None Stocks, real estate, banks, and the economy may be in danger, Byron Wien has warned. • None Earnings weakness could tank the S&P 500 by 10% or 20%, the Blackstone…

Where to buy an Nvidia RTX 40 or AMD RX 7000 graphics card

businessinsider.com When you buy through our links, Insider may earn an affiliate commission. Learn more Nvidia's RTX 40 series graphics cards are available with a wide range of prices from…

France’s Iliad Group Announces Strategic Investment Into AI Industry

beincrypto.com France’s Iliad Group has announced its artificial intelligence (AI) ambitions and a €100 million ($105 million) investment to build a lab for AI research. The AI industry…

With the market nearly oversold, we're adding to this software name on weakness

cnbc.com We are buying 75 shares of Oracle (ORCL), at roughly $104.68 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 575 shares of ORCL, increasing its…

Stocks Fall Amid Housing Data

investors.com The Dow Jones Industrial Average dropped more than 250 points Tuesday amid the release of key housing data. The fall came as sports betting giant DraftKings (DKNG) rose on…

AI startup Lamini bets future on AMD's Instinct GPUs

theregister.com Machine learning startup Lamini revealed its large language model (LLM) refining platform was running "exclusively" on The House of Zen's silicon. Just out of stealth mode…

The Biden administration is suing Amazon over its monopoly

vox.com FTC chair Lina Khan gained widespread notoriety for criticizing how Amazon uses its power to harm competition and consumers. | Chip Somodevilla/Getty Images The Federal…

Is Nvidia’s Recent Slump a Buying Opportunity?

barchart.com dropped to a 6-week low last Thursday and are down more than -16% since posting a record high last month. However, the slump in Nvidia’s share price has prompted Morgan…

If you think stocks have gotten too expensive, this ETF's strategy may work for your portfolio

marketwatch.com Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market. This lowers the share count, which increases earnings per share. The…

French telecom group invests millions in local AI industry

cointelegraph.com The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local French artificial intelligence (AI) industry.…