Nvidia Skyrockets to World's Most Valuable Firm, Overtakes Microsoft...
Continue ReadingIn addition to Samsung’s (SSNLF) potential investment Perplexity, Apple (AAPL) is also interested in cooperating with Perplexity, planning to use technology from the AI startup as an alternative to Google (GOOGL) search on the iPhone and to replace the option of integrating ChatGPT in Siri, Bloomberg’s Mark Gurman reports. “We’ve been pretty impressed with what Perplexity has done, so we’ve started some discussions with them about what they’re doing,” Eddy Cue, Apple’s senior vice president of s...
Continue ReadingIn Small Nuclear Reactors, There’s One Clear Leader Today...
Continue ReadingA Wall Street analyst on Wednesday downgraded Apple stock on earnings risks, rising competition and valuation...
Continue ReadingWedbush star tech analyst Dan Ives, known for his bullish AI thesis, see his namesake exchange-traded-fund launch today...
Continue ReadingNvidia shares are rising in premarket trading Wednesday, a day after it overtook Microsoft to become the world's most valuable company again...
Continue ReadingApple stock was cut to Hold from Buy by Needham analyst Laura Martin in a research note on Wednesday...
Continue ReadingQualcomm CEO Cristiano Amon says diversifying away from Apple business will remain a top priority...
Continue ReadingYou can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. What started 40 years ago as a company focused on "quality communications" by Irwin Jacobs has morphed into Qualcomm (QCOM) today. The company is one of the biggest players in the chip industry, supplying products to Apple (AAPL) to power its iPhone and to automakers to power their increasingly digital cockpits. The company's market cap stands at an impressive $163 billion. At the helm as CEO since 2021 is 30-year Qualcomm veteran Cristiano Amon, who started at the company as an engineer. Amon has been moving aggressively to diversify the business away from Apple into areas such as industrial applications and, more recently, data centers. Yahoo Finance executive editor Brian Sozzi sits down on the Opening Bid podcast with Amon to discuss the next 40 years for Qualcomm. Amon is fresh off a trip to Saudi Arabia, joining President Donald Trump and other top tech executives. Amon secured a key memorandum of understanding to help Saudi Arabia build out AI data centers. Sozzi and Amon discuss the trip and what greater trade tensions mean for Qualcomm's important China business. Last year, China represented 46% of Qualcomm's sales. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms...
Continue ReadingNvidia Executive Sees Explosive Demand for AI...
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