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Technology
Intel considers selling Mobileye stake: what we know so far
September 07, 2024 06:02 AM AEST| By InvezzIntel begins trimming down its business to a manageable size as it eyes selling a part of its stake in the autonomous vehicle company MobilEye.
Broadcom stock drop creates buying opportunity: Jim Cramer bullish on AVGO
September 06, 2024 10:29 PM AEST| By InvezzBroadcom Inc. (NASDAQ: AVGO) recently saw a 7% drop in its stock price following its third-quarter earnings report. Despite surpassing Wall Street estimates, the slight miss in revenue guidance for Q4 caused investor concern. However, this decline of...
British regulator challenges Google’s ad tech practices for stifling competition
September 06, 2024 10:15 PM AEST| By InvezzThe UK’s Competition and Markets Authority (CMA) has issued a statement of objections against Google, accusing the tech giant of anti-competitive behaviour in the online display advertising sector. The CMA’s provisional findings suggest that Go...
Japanese chip equipment firms rely on China sales amid US export curbs
September 06, 2024 10:06 PM AEST| By InvezzJapan’s semiconductor equipment providers are increasingly relying on China as their largest revenue source, even as they navigate the complexities of US-China trade tensions. As the US introduces new export controls on chip-related goods, Japa...
HP (HPQ) vs HP Enterprise (HPE): which is a better stock to buy?
September 06, 2024 02:02 PM AEST| By InvezzHP Inc. (HPQ) and HP Enterprise (HPE) stocks have had mixed returns since the two companies separated in 2015. HPQ stock has jumped by over 263% while HPE has risen by 159% in the same period. The S&P 500 index has jumped by over 200%. HP E...
Tesla stock rise boosts S&P 500; Magnificent Seven ETF holds steady
September 05, 2024 09:59 PM AEST| By InvezzTesla Inc. (TSLA) continues to play a pivotal role in the tech sector’s stock performance, providing momentum to the S&P 500. After leading gains in the benchmark index on Wednesday, Tesla shares rose another 2.5% in premarket trading on Th...
Intel faces potential customer backlash over manufacturing quality: how bad is it?
September 05, 2024 03:46 AM AEST| By InvezzBroadcom is not satisfied with the quality of manufacturing at Intel's facility, raising questions about the company's progress on huge investments in the last 4 years.
AI’s impact on ASML stock might be overestimated: What you need to know
September 05, 2024 02:20 AM AEST| By InvezzASML Holding NV, a leading supplier in the semiconductor industry, has seen its stock plunge over 25% in the past two months. This decline follows a broad market correction in AI stocks, raising questions about whether ASML’s share price may ha...
Nvidia’s shares plunge 9.5% in historic single-day market value drop
September 04, 2024 01:59 PM AEST| By InvezzShares of Nvidia (NVDA.O) plummeted by 9.5% on Tuesday, marking the largest single-day drop in market value ever recorded for a US company. The significant decline translates to a staggering $279 billion loss in market capitalization. This dramatic d...
Canva raises prices by 300% for AI features: should users pay more?
September 04, 2024 01:09 AM AEST| By InvezzCanva has quadrupled pricing for its services in a move that is causing a lot of problems for small online businesses. They have cited AI costs as the reason, which begs the question, how useful is AI for the people?
Jio Financial Services shares are soaring; valuation concerns remain
September 03, 2024 02:01 PM AEST| By InvezzJio Financial Services (JIOFIN) share price has staged a strong comeback this week, helped by the rising hopes that it will be included in the F&O segment of the Indian market. The stock rose to ₹350 on Monday, its highest point since July 15 and...
Top 2 stocks to buy as AI fuels demand for liquid cooling in data centers
September 01, 2024 08:43 PM AEST| By InvezzAs artificial intelligence (AI) accelerates the need for advanced data center infrastructure, liquid cooling is emerging as a critical technology. Nvidia’s CEO, Jensen Huang, highlighted in a recent earnings call that the rising complexity and...
Marvell stock: Could MRVL be the next big thing in AI?
August 31, 2024 01:49 AM AEST| By InvezzMarvell Technology Inc (NASDAQ: MRVL) is emerging as a major player in the artificial intelligence sector, according to Ivana Delevska, founder and chief investment officer of Spear Invest. With shares of the semiconductor giant surging over 30% this...
Google to extend election policies to AI tools ahead of 2024 US presidential election
August 31, 2024 01:19 AM AEST| By InvezzAlphabet Inc.’s Google has announced plans to expand its electoral policies to cover most of its artificial intelligence (AI) products in preparation for the upcoming US presidential election. The move aims to bolster the reliability of informa...
Dogecoin flashes bullish signal as Elon Musk, Tesla wins manipulation case
August 30, 2024 10:30 PM AEST| By InvezzIn a significant legal victory for Elon Musk and Tesla, a US district court judge has dismissed a $258 billion lawsuit alleging that the tech mogul and his company manipulated Dogecoin (DOGE) price. The ruling, which came on August 30, 2024, signals...
Investors may be undervaluing SoFi stock: Here’s why it could climb 70%
August 30, 2024 05:19 AM AEST| By InvezzInvestors might be overlooking SoFi Technologies Inc. (NASDAQ: SOFI) by evaluating it alongside traditional banks rather than recognizing its potential as a high-growth fintech company, according to an investor known as “On the Pulse.”...
Intel faces scrutiny over job cuts despite $20 billion in US chip funding
August 29, 2024 08:57 PM AEST| By InvezzIntel’s recent decision to cut over 15,000 jobs has sparked scrutiny from US lawmakers, particularly Republican Senator Rick Scott, who is questioning the company’s allocation of nearly $20 billion in taxpayer funding. The move comes as I...
Are Nvidia earnings becoming a key economic indicator like CPI, jobs data?
August 29, 2024 07:56 AM AEST| By InvezzIn a remarkable shift, Nvidia’s earnings have taken on a new level of significance, rivalling key economic indicators such as US jobs reports and consumer price index (CPI) releases in their impact on the markets. As the chipmaker announced its Q2 re...
NVDA stock falls 3% even as Nvidia reports 122% revenue increase
August 29, 2024 07:42 AM AEST| By InvezzNvidia has reported an extraordinary surge in its financial performance, revealing a 122% increase in revenue over the last three months. The chipmaker recorded $30.04 billion in revenue, significantly outpacing the $28.7 billion expected by analysts...
Tech company unveils Barbie flip phone to aid teen digital detox in Europe
August 28, 2024 09:08 PM AEST| By InvezzA new Barbie-branded phone has been launched in the UK and Europe, targeting young people looking to reduce their digital exposure. This pink, minimalist device lacks features such as a front camera and extensive internet access, emphasising a break...
