Nvidia is closing in on a $3 trillion valuation and this ultimate title after the AI leader's latest blowout earnings...
Continue ReadingAsif Suria talks focusing more on risk than reward with event-driven strategies. Market liquidity, commodity prices and portfolio ideas...
Continue ReadingApple was one of the best performers in premarket trading as the stock rose 2.4%. The tech giant’s iPhone shipments in China surged 52% in April, Bloomberg reported, citing data from the China Academy of Information and Communications Technology. Competition in the Chinese market, and softening demand for iPhones, has been a major concern for investors as the shares have fallen 1.3% so far in 2024...
Continue ReadingFutures were narrowly mixed. Nvidia and Deckers extended big recent gains while Apple rose on rebounding iPhone sales in China...
Continue ReadingMarket Chatter: Google, Amazon, and Apple Lobby Group Urge India to Rethink Proposed Competition Law...
Continue ReadingApple has been one of Warren Buffett's favorite companies for a long time. So why is he selling the stock in 2024?...
Continue ReadingGameStop completes an offering of 45 million shares for proceeds of about $933.4 million, and Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round...
Continue ReadingImagine asking Apple’s Siri to show you an old photo taken from a child’s second birthday, or summarizing lengthy emails and writing drafts. Then consider Siri learning your schedule, preferences, even your personality, so it can better communicate with you throughout the day...
Continue ReadingA U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows. Citing increasing market power of a few big digital companies in India, a government panel in February proposed imposing obligations on them under a new antitrust law which will complement existing regulations whose enforcement the panel said is "time-consuming". India's "Digital Competition Bill" is on the lines of EU's landmark Digital Markets Act 2022...
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