Tech Archives - Page 53 of 1385

2 minute read

Volatility Spooks Investors As Treasury Yields, Dollar Climb Ahead Of Key Economic Releases: What’s Driving Markets Wednesday?

May 29, 1:32 PM

Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.

2 minute read

Tencent’s New Hit Game DnF Mobile Earns $140M In First Week

By Shivani Kumaresan

May 29, 12:34 PM

Tencent Holdings Ltd's (OTC ) Dungeon & Fighter Mobile has made a stunning debut in China, generating over $140 million in player spending during its first week. Released on May 21, the game topped both download and grossing charts, amassing $63 million on Apple's App Store alone, according to Sensor Tower. This launch positions it as one of the most lucrative in the world's largest gaming market.

AAPL

2 minute read

Chip Stocks On The Rise: Nvidia, Micron, Qualcomm Propel SMH And SOXX ETFs To New 52-Week Highs

By Surbhi Jain

May 29, 11:08 AM

Semiconductor industry surges as top players like Nvidia, Micron, and Qualcomm hit new highs. Their performance also boosts ETFs like SMH and SOXX.

2 minute read

Apple’s Adoption Of AI For iPhones Will Drive ‘Multi-Year Upgrade Cycle,’ Say Analysts Ahead Of WWDC: BofA Sets $230 Target For Its ‘Top Pick’

By Rounak Jain

May 29, 10:46 AM

Analysts are predicting a significant shift in the smartphone industry with the introduction of AI-powered "IntelliPhones," and are reiterating Apple as a "top pick."

AAPL

2 minute read

Apple’s EU App Store Sales Remain Steady Despite Regulatory Changes: Report

By Benzinga Neuro

May 29, 9:58 AM

Analysts caution that if the EU successfully contests the Core Technology Fee in court, the situation could change.

AAPL

2 minute read

Samsung Faces Probe After Radiation Exposure Incident At South Korean Chip Plant

By Benzinga Neuro

May 29, 9:56 AM

The incident took place at Samsung's Giheung plant, situated about 25 miles south of Seoul.

AMD

2 minute read

Uber Prepares For Paris Olympics With Free Cruises And Discounts

By Shivani Kumaresan

May 29, 9:40 AM

Uber Technologies Inc (NASDAQ: UBER) is introducing "Uber Cruises," offering free Seine river cruises from July 12 to August 3, and "Uber Bubbles," a champagne tasting day trip, during the Paris Olympics. To support these initiatives, Uber plans significant investments in driver incentives and rider discounts. The company expects to have 40,000 drivers available, aiming to accommodate the surge of over 15 million visitors

FDRV

2 minute read

News
Tech

Apple’s WWDC Keynote Schedule Is Out As Tim Cook-Led Company Looks To Unveil Its AI Strategy: Here’s What You Need To Know

By Rounak Jain

May 29, 9:39 AM

Apple has shared its schedule for the 2024 WWDC as the Tim Cook-led company is expected to unveil its AI strategy.

AAPL

3 minute read

As EV Adoption Stalls Due To ‘Chicken And The Egg’ Situation, Hybrids Race Ahead

By Surbhi Jain

May 29, 9:28 AM

Consumer preferences shifting to hybrids as bridge solution due to costs, charging challenges and politics. US EV adoption sluggish, automakers focus on hybrids.

2 minute read

Volkswagen To Introduce Affordable Electric Cars Priced At 20,000 Euros In Europe

By Anan Ashraf

May 29, 8:59 AM

The company did not divulge much about the upcoming vehicles besides that it will set standards in the entry-level segment.

VWAGY