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Technology
Worldcoin (WLD) sinks 9% as Panama expansion announcement fails to ignite
November 27, 2024 07:51 PM AEDT| By InvezzDespite various upgrades that included rebranding to World Network and advanced verifications, Worldcoin has seemingly lost its initial appeal. The artificial intelligence crypto project experiences prolonged bearishness despite the team’s effort to...
ARB price jumps 17% as Arbitrum hints at AI integration
November 26, 2024 02:25 AM AEDT| By InvezzCryptocurrencies remained in the green today as Bitcoin targets $100K again after weekend dips. Meanwhile, Arbitrum (ARB) emerged among today’s top gainers after a 17% climb on its 24-hour chart. ARB’s performance reflected the prevailing broad...
Red alert as the Dell stock price forms a risky pattern ahead of earnings
November 22, 2024 07:04 PM AEDT| By InvezzDell stock price has bounced back in the past few weeks as investors wait for the upcoming earnings, which will provide more color about its business. After bottoming at $86.95 in August, it has rebounded by almost 60% to trade at $138.85, giving it...
Zoom Video stock is in trouble, but a 130% rebound is possible
November 22, 2024 06:01 PM AEDT| By InvezzZoom Video’s stock price has bounced back in the past few months as investors continue to see it as an undervalued company. After dropping to $55.12 in August, the stock has jumped by over 47% to $81.20, giving it a market cap of over $24 billi...
What is Odoo, and why is Alphabet investing in it?
November 21, 2024 04:21 AM AEDT| By InvezzOdoo, a Belgium-based enterprise software company, has reached a valuation of €5 billion following a secondary share round. Led by Alphabet’s CapitalG and Sequoia Capital, the €500 million round allowed early investors and employees to cash out some...
Why is ECB warning of a ‘bubble’ in AI stocks, and should investors worry?
November 20, 2024 11:42 PM AEDT| By InvezzThe European Central Bank (ECB) has raised alarms about a potential “bubble” in artificial intelligence (AI) stocks, warning that the market’s growing reliance on a handful of AI-driven companies could lead to significant financial...
Nvidia earnings today: Here’s what Wall Street expects from world’s most valuable company
November 20, 2024 11:18 PM AEDT| By InvezzNvidia has reached a historic valuation milestone, becoming the most valuable company in history with a market capitalization of $3.6 trillion. The company’s unparalleled growth in artificial intelligence (AI) technologies and data center dominance c...
Injective (INJ) launches on-chain AI agents to simplify blockchain interactions
November 20, 2024 10:05 PM AEDT| By InvezzBlockchain network Injective (INJ) has launched an advanced software development kit to allow everyone to create their on-chain AI agent. The new iAgent aims to boost user experience by introducing AI to blockchain infrastructure for reduced complica...
Lemonade stock price is rising: technicals point to a 150% surge
November 20, 2024 08:02 PM AEDT| By InvezzLemonade stock price has gone parabolic, soaring for four consecutive weeks and reaching its highest level since December 2021. It has jumped by almost 300% from its lowest level in 2023 as the company unveiled its strategy to grow from $1 billion to...
Is OpenAI’s next best thing about to automate your digital life? The ‘Operator’ is coming
November 15, 2024 12:38 AM AEDT| By InvezzOpenAI, the leading force behind generative AI models like ChatGPT, is reportedly gearing up to unveil its next big innovation: an autonomous AI agent code-named “Operator.” Slated for a research preview and developer release in January,...
Foxconn rides the AI wave: Q3 profits soar amidst server demand
November 15, 2024 12:28 AM AEDT| By InvezzTaiwanese electronics giant Foxconn, the world’s leading contract manufacturer and a key Apple supplier, reported a surge in third-quarter profits, exceeding market expectations. The company credits this impressive performance to the booming de...
SoftBank first to receive Nvidia’s latest Blackwell AI chips for Japanese supercomputer
November 13, 2024 07:20 PM AEDT| By InvezzIn a landmark move for artificial intelligence and computing in Japan, SoftBank’s telecoms unit is set to receive Nvidia’s latest Blackwell chip design for its supercomputers. This collaboration, unveiled at an AI event in Tokyo, comes as...
Apple’s new AI wall tablet aims to centralise Siri, home control and video calls
November 13, 2024 07:06 PM AEDT| By InvezzA Bloomberg report reveals Apple Inc. is preparing to redefine the smart home market with an advanced wall-mounted display that acts as a central control hub. This new product, expected to launch in early 2024, will feature a 6-inch screen and advanc...
Tether’s AI ambitions take shape with two new development kits
November 12, 2024 10:40 PM AEDT| By InvezzTether moves towards supporting AI-powered products via its new software development kits.
SoundHound stock ‘remains a high-risk investment’ ahead of Q3 earnings report
November 12, 2024 03:34 AM AEDT| By InvezzSoundHound AI Inc (NASDAQ: SOUN) is expected to report $23.68 million in revenue for its third financial quarter on November 12th. While that translates to an exciting 78% annualized growth, the artificial intelligence company is still projected to l...
Nu Holdings stock price surge 32% and hit $20 after earnings
November 10, 2024 04:11 PM AEDT| By InvezzNu Holdings stock price has done well this year, and could be on the cusp of a big breakout as it publishes its quarterly financial results. It has soared by 82% this year, beating the S&P 500 and Nasdaq 100 indices. This surge has brought its ma...
Toast stock has skyrocketed: could TOST surge to $70?
November 08, 2024 05:34 PM AEDT| By InvezzToast stock price is on track to rise for the second consecutive week of gains as investors flock back to fintech companies. Its surge accelerated on Thursday after the company published strong financial results and boosted its forward guidance. It h...
PayPal stock price analysis: the sky is the limit for PYPL?
November 08, 2024 04:34 PM AEDT| By InvezzPayPal stock price rally has stalled even as American equities surged and the company published strong financial results. The PYPL share price jumped to $81.35 on Thursday, a few points below the year-to-date high of $83.71. PayPal is still one...
SoundHound stock price analysis: Is SOUN a good AI investment?
November 06, 2024 07:06 PM AEDT| By InvezzSoundHound (SOUN) stock price has moved sideways in the past few months as the momentum it had a few months ago has faded. It was trading at $5.37 on Tuesday as traders repositioned for the upcoming earnings, which will provide more color about its g...
CrowdStrike stock price: CRWD valuation concerns remain
November 06, 2024 01:02 PM AEDT| By InvezzCrowdStrike (CRWD) stock price has staged a comeback in the past few weeks as investors wait for its upcoming earnings. After dropping to $201 in August, it has bounced back by over 52%, and is hovering near its highest level since July. Its market c...
