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NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks on Jim Cramer’s radar. During the episode, Cramer reiterated his “own it, don’t trade it” advice on the company stock, as he said: “NVIDIA, own it, don’t trade it. That’s been my advice for about $3.7 trillion in market capitalization. Today. NVIDIA became the first $4 trillion […]...
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Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer shared his thoughts on. Noting that the stock went down in response to Amazon’s recent liquid cooling innovation announcement, a caller inquired about the company. Cramer replied: “Well, we spent a lot of time today, Jeff Marks and I, and Ben Stoto, talking about […]...
Continue ReadingMicrosoft Corporation (NASDAQ:MSFT) ranks among the best cloud stocks to buy according to Wall Street analysts. The Information reported on July 2 that Microsoft Corporation (NASDAQ:MSFT) is altering its strategy for internally designed AI server chips, choosing instead to focus on less ambitious designs through 2028. This update follows Microsoft’s previous decision to postpone the […]...
Continue ReadingAs the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the consumer internet industry, including Expedia (NASDAQ:EXPE) and its peers...
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MUMBAI (Reuters) -Tech entrepreneur Elon Musk's Tesla is selling its Model Y cars in India starting at about $69,770, its website showed on Tuesday, as the electric car maker prepared to open its first showroom in the financial capital of Mumbai. India is the world's third largest car market, although electric vehicles comprise a very small slice, as concerns about easy accessibility of charging infrastructure deter many affluent buyers from going electric. As Tesla gears up for busy roads still ruled by cars fuelled by diesel and petrol, it will go head-to-head primarily with German luxury giants like BMW and Mercedes-Benz in the premium EV segment...
Continue ReadingTAIPEI (Reuters) -TSMC, the world's main producer of advanced AI chips, is expected to post a 52% jump in second-quarter profit to record levels, though U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Artificial intelligence-related demand continues to boom and while foundry industry revenue will probably grow 17% to 18% this year, sales for TSMC, by virtue of its market-leading position, will likely expand closer to 30%, said Mario Morales, group vice president at research firm IDC. Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report net profit of T$377.4 billion ($12.9 billion) for the three months through June 30, according to an LSEG SmartEstimate compiled from 21 analysts...
Continue ReadingAlphabet's Q1 2025 earnings highlight AI-driven growth: Gemini breakthroughs, surging subscription revenues, and 28% Google Cloud gains. See more on GOOGL here...
Continue ReadingApple Inc. (NASDAQ:AAPL) is in the midst of a significant management reshuffle. Despite the company’s biggest crisis in years, CEO Tim Cook remains firmly at the helm. Bloomberg's Mark Gurman, in his latest weekly "Power On” report revealed that, Jeff Williams, Tim Cook‘s longtime deputy, has announced his retirement plans, leaving no clear successor in place. Despite this, there are no signs that Cook is planning to step down or is grooming a replacement. The board, which is largely made up of...
Continue ReadingPerplexity AI and OpenAI are launching browsers to compete with Alphabet's Chrome browser. The launches underscore the distribution and data advantages that Alphabet has. Meanwhile, Google's new AI Mode is catching on with users...
Continue ReadingAlexa, how many items did Amazon sell this Prime Day?...
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