Elon Musk has criticized Tim Cook and Sam Altman for announcing their AI partnership...
Continue ReadingNEWSPLUS Major indexes are treading water ahead of the Federal Reserve’s interest-rate decision tomorrow. Futures trading suggests the S&P 500 may slip below its fresh record close hit Monday. Dow and Nasdaq-100 futures are also a tad lower...
Continue ReadingTo anyone watching the stock market over the last year, it would seem the letters "AI" are akin to a magic wand that will pump up the share price of any company involved in it. That sprinkle of pixie dust has made chipmaker Nvidia the world's second-most valuable company after Microsoft, which in turn has seen its own shares rise 30% in the last 12 months, leaving Apple in the number three spot. So when loyal fans - and tech analysts - around the world gathered to watch Apple's annual Worldwide Developers Conference (WWDC 2024) on Monday, it was with the expectation of seeing a dazzling array of AI features that would put the iPhone maker in good standing to compete in this area with market-leader Microsoft...
Continue ReadingNvidia Corporation stock may be peaking, reminiscent of Cisco Systems stock in 2000. The stock split is a "sell the news" story. Read more about NVDA stock here...
Continue ReadingThe latest investor updates on stocks that are trending on Tuesday...
Continue ReadingThe iPhone maker’s late entry to the AI race comes with many features similar to Microsoft’s and Google’s offerings, which might curb investors’ recent enthusiasm...
Continue ReadingApple's Vision Pro mixed-reality (XR) headset will be available for pre-order in China starting on Friday, four months after the gadget went on sale in the US. Each customer is limited to purchasing two headsets and shipments start on June 28, according to Apple's website. At a price of 29,999 yuan (US$4,138), it costs over US$600 more than the US$3,499 base price in the US, which does not account for tax, for the 256-gigabyte model. The starting price in Hong Kong, where pre-orders start on the...
Continue ReadingPayPal Holdings, Inc. faces challenges from Apple Pay in P2P payments; execution risks in Venmo monetization could impact growth. Read more on PYPL stock update...
Continue ReadingNVIDIA, Apple, IGM, PNQI and IGPT are included in this Analyst Blog...
Continue ReadingApple shares edged lower in premarket exchanges on Tuesday after the iPhone maker unveiled a host of artificial-intelligence features that it plans to bring to its devices later this year. The tech giant delivered a presentation of what it branded "Apple Intelligence," a voice assistant that sifts through personal information to help users complete an array of tasks. Apple partnered with ChatGPT maker OpenAI for some new AI functions that Apple's own AI couldn't handle...
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