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Technology
Render (RNDR) signals recovery despite future open interest hitting monthly lows
June 28, 2024 11:19 PM AEST| By InvezzThe downward mood in the overall crypto market within the past 30 days saw AI-centered Render (RNDR) struggling. The crypto recorded a significant activity dip within the derivatives market. Render’s future open interest down 40% RNDR lost nearly 30%...
PayPal stock price analysis: why is PYPL falling apart?
June 27, 2024 12:01 PM AEST| By InvezzPayPal (NASDAQ: PYPL) stock price is falling apart as attempts to recover find substantial resistance. It has plunged to a low of $58.25, its lowest point since March 7th. It is also nearing a bear market as it collapsed by almost 20% from its highes...
AI will be 10,000 times smarter than humans in a decade: SoftBank CEO Masayoshi Son
June 21, 2024 09:47 PM AEST| By InvezzSoftBank CEO Masayoshi Son, in a rare public appearance on Friday, predicted a future where artificial intelligence (AI) becomes exponentially smarter than humans. Speaking at SoftBank’s annual general meeting of shareholders, Son described a world w...
Analysts are pessimistic on the Palantir stock price: should you?
June 18, 2024 08:05 PM AEST| By InvezzPalantir (NYSE: PLTR) stock price has jumped sharply this week after receiving a rating upgrade from Argus analysts. It soared by over 6% and reached its highest level since May 6th. It has jumped by more than 318% from the lowest point in 2023, givi...
iPhone 16: What will it cost and when will it launch?
June 12, 2024 06:55 PM AEST| By InvezzApple has provided a first look at the iPhone 16 and iPhone 16 Pro during its Worldwide Developers Conference (WWDC). The tech giant revealed highly anticipated features of iOS 18, which will be integrated into the latest line of smartphones. The iPh...
Interest in AI projects spikes as Bitbot stands out with Telegram integration
June 09, 2024 08:08 PM AEST| By InvezzBitbot recently closed its presale, and the community is abuzz with anticipation. This comes as interest in AI-related projects spikes, with investors eyeing the potential investment opportunity available with projects such as Fetch.ai, Bittensor and...
SMCI stock price analysis: Is Super Micro Computer a bargain?
June 05, 2024 06:11 PM AEST| By InvezzThe Super Micro Computer (NASDAQ: SMCI) stock price has lost steam in the past three months as concerns about its growth continues. It has plunged by over 37% from its highest level this year, meaning that it is in a deep bear market. In contrast, Nv...
Super Micro Computer (SMCI) stock forecast: time to buy the dip?
May 29, 2024 12:57 AM AEST| By InvezzSuper Micro Computer (NASDAQ: SMCI) stock price has lost momentum in the past three months even as American equities surged to their all-time high. It was trading at $895 on Tuesday, down by almost 27% from its highest point this year. Growth c...
Tech shakeup for Russell indexes: 240 new companies, like SuperMicro Computer and Micro Strategy, to join
May 27, 2024 07:54 PM AEST| By InvezzRecently, FTSE Russell announced the 2024 date of the reconstitution of the US broad market Russell 3000 Index and the Russell Microcap Index. All of the indexes’ constituents are being reevaluated for their positions, with new companies set to join...
The Graph (GRT) price: Key levels as bulls eye breakout
May 23, 2024 09:55 PM AEST| By InvezzThe Graph (GRT) price is seeing some recovery as the Artificial Intelligence (AI) token market rises ahead of Nvidia’s Q1, 24 earnings report. Nvidia earnings and price outlook for AI tokens As Invezz highlighted earlier today, the sentiment around t...
Wolfe analysts now favour AMD stock over Nvidia: here’s why
May 16, 2024 09:43 PM AEST| By InvezzAnalysts at Wolfe Research just replaced Nvidia Corp (NASDAQ: NVDA) with Advanced Micro Devices Inc (NASDAQ: AMD) on their list of top stocks for 2024. Why is AMD a better pick than Nvidia stock? The “tactical shift”, the investment firm told clients...
Amazon Web Services CEO to step down next month
May 14, 2024 11:53 PM AEST| By InvezzAmazon.com Inc (NASDAQ: AMZN) is in focus today after Adam Selipsky – the chief executive of its cloud computing segment said he will step down next month. Matt Garman named the new CEO of AWS Selipsky will be succeeded by Matt Garman who curre...
Meta Platforms reports a strong Q1: find out more
April 25, 2024 06:12 AM AEST| By InvezzMeta Platforms Inc (NASDAQ: META) is trading down in extended hours even though it reported market-beating financial results for its first quarter. Meta stock down on muted revenue guidance Investors are cautious because the tech behemoth was somewha...
Illuvium and Samsung partnership sparks ILV token surge
April 10, 2024 04:58 AM AEST| By InvezzIn a groundbreaking move that could reshape the landscape of Web3 gaming, Illuvium, the pioneer of Interoperable Blockchain Games (IBG), has announced a strategic partnership with Samsung, a global titan in innovation and technology. The alliance aim...
AMD’s $160-170 nexus: Balancing act?
April 10, 2024 01:24 AM AEST| By InvezzFuelled by an AI-theme-driven rally Advanced Micro Devices, Inc. (NASDAQ: AMD)’s stock more than doubled between November 2023 and early March this year, making an all-time high of $227.4. However, the stock has quickly retraced and given most of tho...
Palo Alto Networks teams up with Google on AI-enabled cybersecurity
April 09, 2024 11:10 PM AEST| By InvezzPalo Alto Networks Inc (NASDAQ: PANW) is in the green at writing after announcing to have expanded its partnership with Alphabet Inc (NASDAQ: GOOGL). Details of $PANW – $GOOGL partnership The new agreement it signed with Google at the latter’s...
Broadcom may have secured wins from Meta and Google
April 09, 2024 10:42 PM AEST| By InvezzBroadcom Inc (NASDAQ: AVGO) is in focus today after JPMorgan analysts said it is warming up to launch its 3nm AI accelerator custom chip programmes. Google and Meta to boost $AVGO revenue The investment bank expects the multinational to release the s...
Arm stock could be cut in half over the next 12 months – analyst warns
April 09, 2024 10:15 PM AEST| By InvezzArm Holdings PLC (NASDAQ: ARM) has nearly doubled since the start of this year but a Morningstar analyst warns its current valuation is not sustainable. Arm stock could tank to $57 Javier Correonreo sees downside in the chip design company to $57 – a...
Netflix has reportedly laid off over a dozen employees
April 09, 2024 06:50 PM AEST| By InvezzNetflix Inc (NASDAQ: NFLX) ended in the red on Monday following a report that it has laid off employees in its film department. How many employees did Netflix lay off? Anonymous sources told “Deadline” today that about fifteen people were let go as p...
Microsoft expands AI footprint with new London office
April 08, 2024 09:09 PM AEST| By InvezzMicrosoft, a leading technology firm, announced its plans to establish a new office in London, exclusively dedicated to artificial intelligence (AI) research and development. Mustafa Suleyman, the CEO of Microsoft AI, revealed that the company will s...
