In what has been a tumultuous and unpredictable year, the third quarter qualifies as a period of normalcy...
Continue ReadingWhile Apple stock has turned positive for the year, it is underperforming the market this year. The company is fine-tuning its AI strategy and has reportedly shelved the plans to overhaul the Vision Pro headsets to focus on glasses...
Continue ReadingBroadcom (NASDAQ:AVGO) capitalized on Wall Street’s artificial intelligence boom Thursday, fueled by billions in chip investments from Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), and other technology giants. Broadcom has emerged as one of the biggest beneficiaries of the generative AI boom, carving out a strategic niche in the rapidly evolving chip market. While competitors like Nvidia (NASDAQ:NVDA) offer off-the-shelf, high-performance GPUs, Broadcom focuses on designing custom AI ch...
Continue ReadingInvesting.com -- Apple’s hardware ecosystem faces little threat from new AI-enabled smart glasses in the near term, according to Oppenheimer analysts, who argued that key design challenges remain unsolved...
Continue ReadingOlatec Therapeutics, Inc., a leader in the emerging class of specific NLRP3 inhibitors, today announced that Andy Cunningham had joined its Board of Directors. She succeeds Valentín Campos, who retired from the Board after 9 years of service...
Continue ReadingUrsa Major today announced the appointment of Dr. Ronald Sugar and Gilman Louie to its Board of Directors, continuing the company's growth path to becoming a key provider of hypersonics, solid rocket motors, in-space propulsion, and launch systems...
Continue ReadingElevated Materials, a leading innovator in advanced battery technologies, today announced the appointment of Dr. Soonho Ahn to its Board of Directors. A globally respected authority in battery science and engineering, Dr. Ahn brings more than three decades of leadership and technical expertise across the automotive, consumer electronics, and energy storage sectors...
Continue ReadingNvidia looked set to power higher on Thursday. Fellow artificial-intelligence chip companies Advanced Micro Devices and Broadcom were also gaining amid renewed spending excitement driven by OpenAI. Nvidia shares were up 1.3% at $189.70 in premarket trading...
Continue ReadingInvesting.com -- Morgan Stanley raised its price target for Overweight-rated Apple shares to $298 from $240 in a note to clients on Thursday, citing a stronger-than-expected start to the iPhone 17 cycle...
Continue Reading(Updates with details from a court filing in the fourth and fifth paragraphs.) Apple (AAPL) and O...
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