Technology

Uber stock is in a bear market; will earnings change that?
August 03, 2024 07:35 AM PDT | By InvezzUber Technologies (NYSE: UBER) stock price has moved into a deep bear market, falling by over 28% from its highest point this year and erasing most of...

What the UK’s $1.7 billion AI funding cut means for future technolog...
August 03, 2024 03:58 AM PDT | By InvezzThe United Kingdom’s recent decision to cancel £1.3 billion ($1.7 billion) worth of computing infrastructure projects has sent shockwaves throug...

Why is US probing Nvidia’s $700-M acquisition of this Israeli startu...
August 02, 2024 09:46 AM PDT | By InvezzThe US Department of Justice (DoJ) has launched an investigation into Nvidia’s acquisition of the Israeli artificial intelligence startup Run:ai...

Palantir stock price could explode higher after earnings: here’s why
August 01, 2024 11:05 PM PDT | By InvezzPalantir Technologies (PLTR) stock price has suffered a harsh reversal in the past few days as concerns about the tech sector continued. It has moved...

CrowdStrike faces shareholder lawsuit over massive IT outage
August 01, 2024 06:03 AM PDT | By InvezzIn a dramatic turn of events, shareholders of cybersecurity giant CrowdStrike have filed a class-action lawsuit against the company.  The lawsuit...

Meta surges 8% pre-market after Q2 earnings beat: Should you buy now...
August 01, 2024 05:49 AM PDT | By InvezzMeta Platforms Inc. (NASDAQ: META) has once again captured investor attention, surging over 8% in pre-market trading following its impressive Q2 FY 20...

EU’s AI Act brings sweeping changes for US tech giants
August 01, 2024 03:26 AM PDT | By InvezzThe European Union’s AI Act, the first comprehensive legislation of its kind, comes into effect today, signalling a significant shift for techno...

Intel and AMD stock forecasts: INTC, AMD brace for earnings
July 29, 2024 01:04 AM PDT | By InvezzAdvanced Micro Devices (AMD) and Intel (INTC) stock prices will be in the spotlight this week as the two semiconductor giants publish their financial...

Apple’s iPhone discounts fail to boost market share in China: What’s...
July 25, 2024 12:35 PM PDT | By InvezzApple’s aggressive discounting strategy in China appeared promising earlier this year. During an online shopping festival in May, the tech giant offer...

Samsung setback drags South Korean stocks as Nvidia test falters
July 24, 2024 10:36 AM PDT | By InvezzSouth Korea’s primary stock index, KOSPI, took a hit today as Samsung Electronics Co Ltd (KRX: 005930) encountered a significant setback in pass...

UPS Q2 earnings prove it overpays its drivers, investors flee
July 23, 2024 08:46 AM PDT | By InvezzInvestors are selling the UPS stock as the company announced a poor earnings, lowering the guidance for the remainder of the year.

Google’s $23 billion acquisition of Wiz falls through, Israeli cyber...
July 23, 2024 01:01 AM PDT | By InvezzGoogle parent Alphabet’s ambitious plans to acquire Israeli cybersecurity firm Wiz for $23 billion have fallen through, marking a significant se...

CrowdStrike faces double downgrade amid IT outage fallout as Cathie...
July 22, 2024 11:35 AM PDT | By InvezzCrowdstrike received a double downgrade after its update fiasco last week as two analysts downgraded the stock. Cathie Wood, however, is buying.

CrowdStrike’s IT meltdown: Did it shake up US stock exchanges on Fri...
July 19, 2024 07:28 AM PDT | By InvezzOn Friday, a significant IT outage linked to a software update at CrowdStrike Holdings Inc. (NASDAQ: CRWD) caused widespread disruptions across multip...

Is Intel the smarter investment as Nvidia peaks? Here’s why
July 18, 2024 12:50 PM PDT | By InvezzNvidia stock has run its course and overextended. If the business improves from here on, Intel will be a beneficiary and can perform better in the nea...

Amazon Prime Day 2024 smashes sales records with $14 billion; stock...
July 18, 2024 08:25 AM PDT | By InvezzAmazon.com Inc (NASDAQ: AMZN) faced a slight decline in stock value today despite achieving record-breaking sales during Prime Day 2024, which saw cus...

Microsoft Q4 earnings preview: Revenue poised for 14% growth, driven...
July 18, 2024 07:26 AM PDT | By InvezzAs Microsoft Corp (NASDAQ) prepares to announce its fiscal fourth-quarter earnings on Tuesday, July 30, Wall Street analysts are optimistic about the...

Render (RNDR) hits crucial user milestone ahead of much-anticipated...
July 18, 2024 01:22 AM PDT | By InvezzAI crypto project Render (RNDR) recently attained a remarkable milestone in user activity. Renowned analyst Ali Charts revealed that the platform saw...

Hong Kong tests its own ChatGPT-style AI tool amid OpenAI access res...
July 17, 2024 09:56 AM PDT | By InvezzHong Kong’s government is actively testing a ChatGPT-style tool for its workforce, with plans to eventually make it available to the public. Dur...

Is it time to buy GitLab stock before a potential sale?
July 17, 2024 08:52 AM PDT | By InvezzGitLab Inc. (NASDAQ: GTLB), a prominent cloud-based software development tools provider, is garnering a lot of attention today with a significant 9% j...