Tech Archives - Page 20 of 1385

2 minute read

Amazon To Invest Billions In Taiwan Cloud Infrastructure, Expanding AWS Presence In Asia

June 12, 1:16 AM

Amazon.com disclosed its plan to invest billions of dollars in Taiwan over the next 15 years. The investment aims to establish data centers, further expanding the company's global footprint in Asia to meet the region's increasing demand for cloud services.

AMZN

2 minute read

Apple’s AI-Powered Growth To Trigger 10% Revenue Surge By 2025, Predicts Gene Munster: ‘This Is Just The Start Of Apple’s Next Growth Chapter’

By Benzinga Neuro

June 11, 11:32 PM

Apple is poised for a significant growth spurt, driven by its artificial intelligence capabilities, according to Gene Munster, a prominent tech analyst.

AAPL

2 minute read

Elon Musk Drops OpenAI Lawsuit Involving Sam Altman, Greg Brockman A Day After Blasting Apple For Partnering With ChatGPT-Parent

By Ananya Gairola

June 11, 9:46 PM

Elon Musk withdrew his lawsuit against OpenAI and its co-founders a day after publicly criticizing Apple's partnership with ChatGPT-parent.

AAPL

1 minute read

Event Contract Trading Signals Uncertainty In Apple Monopoly Case During WWDC

By Michael Juliano

June 11, 5:58 PM

Apple's chance of being seen as monopoly fluctuated during WWDC, with event contract trader Kalshi reporting a high of 68% on April 11.

AAPL

2 minute read

Oracle Misses Q4 Earnings — Stock Surges On Booming AI Demand, OpenAI Contract, Partnership With Google And More

By Adam Eckert

June 11, 4:27 PM

Oracle reported fourth-quarter revenue of $14.3 billion, missing the consensus estimate of $14.554 billion, according to Benzinga Pro.

GOOG

2 minute read

Biden Mulls New Restrictions On China’s Advanced AI Chips Access: Report

By Piero Cingari

June 11, 4:07 PM

U.S. considers limiting China's access to advanced chip tech for AI, and possible restrictions on high-bandwidth memory chips.

AMD

1 minute read

Is Meta Next For A Stock Split? Speculation Grows as Stock Surges Over 450% From 2022 Lows

By Anusuya Lahiri

June 11, 2:55 PM

Meta Platforms (NASDAQ: META) may announce a stock split soon, with its share price at $500.43 and 450% surge, driven by AI and new dividend.

AVGO

2 minute read

Chinese Retailer Temu Gains Edge Over eBay In US Market

By Shivani Kumaresan

June 11, 2:48 PM

Surpassing eBay, Chinese e-commerce giant Temu, part of PDD Holdings (NASDAQ ), now attracts more repeat U.S. shoppers, with 34% shopping monthly compared to eBay's 29%. Temu's aggressive marketing strategies, including Super Bowl ads, have significantly boosted its U.S. market presence.

AMZN

3 minute read

Brad Gerstner Bought Nvidia Stock When ‘Everybody Said Sell’: Now He’s Buying Apple Stock At All-Time Highs

By Adam Eckert

June 11, 2:31 PM

Gerstner announced that he bought Apple stock ahead of the 2024 Worldwide Developers Conference (WWDC). Given Apple's positioning in the premium consumer space and OpenAI's first mover advantage, he's bullish on what could come from the newly announced partnership.

AAPL

3 minute read

AI Will Save Time, Revolutionize Advertising, Says Cathie Wood’s ARK Invest Report

By Hayden Buckfire

June 11, 2:19 PM

Enthusiasm over AI has boosted Invesco QQQ ETF's returns. ARK Invest's report predicts faster consumer AI adoption, $9 trillion in consumption, and advertising opportunities.

AAPL