The artificial intelligence (AI) boom is well underway, and there may be no company that's benefited from it more than Nvidia (NASDAQ: NVDA). For years, the company's semiconductors have been a top choice among leading tech companies for AI processing, and now, it's paying off for Nvidia's stock. The company's...

Where Will Nvidia Stock Be in 1 Year?

Nvidia is the market leader in data-center GPUs and AI processors, and its CUDA software affords the company a virtually unassailable competitive moat. Nvidia has historically launched new GPU architectures every two years, but the company will push its product roadmap to a one-year rhythm after 2024. Wall Street expects...

1 Stock-Split AI Stock to Buy Before It Soars 260% to $10 Trillion, According to Certain Wall Street Analysts

Three of the most successful hedge fund managers in the first half of 2024 bought shares of the Invesco QQQ Trust in the first quarter. The Invesco QQQ Trust is a growth-focused index fund that includes dozens of companies well positioned to benefit as AI spending increases. The fund returned...

Billionaires Are Selling Nvidia Stock and Buying 1 Supercharged Index Fund for the Artificial Intelligence (AI) Boom

In addition to the rise of artificial intelligence (AI), stock-split euphoria has taken firm hold on Wall Street. More than a dozen high-profile, time-tested businesses have announced and/or completed a stock split in 2024, with AI goliaths Nvidia and Broadcom being the most anticipated. When October begins, one of Wall...

Move Over, Nvidia and Broadcom: Wall Street Has a New Artificial Intelligence (AI) Stock-Split Stock

“Our revenues have not grown as expected — and we’ve yet to fully benefit from powerful trends, like AI,” said CEO Pat Gelsinger in a memo to employees. “Our costs are too high, our margins are too low. We need bolder actions to address both — particularly given our financial results and outlook for the second half of 2024, which is tougher than previously expected.”

Intel to lay off 15,000 employees

Laura Mae Martin is a big believer in the settings menu. As Google’s executive productivity advisor, Martin spends much of her time working with other Googlers on improving their productivity and communication systems — and one of the things she often recommends is taking a few minutes to poke through the options. “With your phone, with your email, your Slack, all these things, the features are there, but we don’t take the time to dive into them,” she says. She even thinks you should maybe have to look at settings before you can use the app. “Like, you can’t get into the app unless you spend 10 minutes figuring out what it can do.”

A Googler’s guide to getting things done

Sophia Tung, who runs a 24/7 livestream of a Waymo parking lot, says on Reddit she’ll interview company operations director Vishay Nihalani on the stream on Monday at 2:30PM PT / 5:30PM ET. Tung plans to discuss the robotaxis’ 4AM honking and Waymo’s subsequent fix. She’s taking suggestions, like...

Waymo’s operations boss will join the ‘honkfest’ livestream.

Palantir stock has taken off following its latest quarterly report as the company's AI software services are gaining greater adoption. Microsoft stock has seen comparably slower growth in 2024, but a closer look at the bigger picture and its valuation make it an attractive buy right now. Both companies are...

Better Artificial Intelligence (AI) Stock: Palantir Technologies vs. Microsoft

Quarterly-filed Form 13Fs provide a snapshot of which stocks Wall Street's smartest and richest investors have been buying and selling. Seven top-notch billionaire asset managers sent shares of Nvidia to the chopping block in the June-ended quarter. Aside from profit-taking, five additional reasons stand out as to why billionaire investors...

Billionaires Are Dumping Shares of Artificial Intelligence (AI) Stock Nvidia for a Third Straight Quarter -- Here's Why

The Motley Fool

Cathie Wood Is Buying Tons of This Hot Artificial Intelligence (AI) Stock, and It Might Surprise You

There’s a new Raspberry Pi 5 in town: a 2GB variant that knocks the price of the microcomputer down to $50. The lower RAM doesn’t necessarily mean it comes with fewer capabilities, just that it won’t be up to some RAM-intensive tasks. Raspberry Pi Foundation CEO Eben Upton says the device is “functionally identical to its predecessor.”

Raspberry Pi 5 gets a cheaper 2GB option

Former Google CEO Eric Schmidt said in a recent talk at Stanford that tech giants are planning for increasingly large investments into Nvidia-based AI data centers. "I'm talking to the big companies, and the big companies are telling me they need $20 billion, $50 billion, $100 billion" in AI infrastructure, Schmidt said.

Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: 'You know what to do in the stock market'

National Public Data (NPD) confirmed last week that it suffered a security breach dating back to December last year. An alleged stolen NPD database containing 2.9 billion lines of data, including Social Security numbers, was advertised on the dark web in April by a hacker group known as USDoD for $3.5 million, and the stolen data has since been posted publicly in various locations.

Plain text passwords may have struck again

Starting tomorrow, August 20th, Paramount Plus’ latest price hike will go into effect, meaning today is your last day to subscribe at the current rate before prices increase on several plans. Right now, new customers can still lock in a subscription to Paramount Plus Essential for $5.99 a month before the price jumps to $7.99. What’s more, new and returning subscribers can still get a month of Paramount Plus Essential for free with promo code OGGMPZR3YBW.

Today is your last chance to save on Paramount Plus before its next price hike

As reported by Bleeping Computer, Google is testing a new experimental flag that can hide sensitive content while “screen sharing, screen recording and similar actions” in regular tabs — redacting the user's entire screen if things like credit card details or passwords are detected. There’s no mention...

Chrome for Android is making screen sharing more secure.

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Business Times

British fintech firm Revolut has reached a significant milestone, securing a $45 billion valuation in its latest secondary share sale, a move that positions the startup ahead of some of Europe's largest traditional banks. This new valuation marks a sharp increase from the $33 billion the company was valued at in July 2021, reflecting its rapid growth and increasing dominance in the fintech sector.

Revolut's Valuation Soars to $45 Billion in Latest Share Sale, Surpassing Major European Banks

TheStreet

Nvidia's second quarter earnings will be a key market focus next week.

Nvidia's fiscal-second-quarter earnings will be a key market focus next week.

Nvidia can keep winning, but a competitor could be a new breakout star. There's no question that Nvidia (NVDA 1.40%) has been the flagbearer for the AI boom thus far. Even after the recent pullback, the stock is still up more than 600% since start of 2023, adding trillions in market value along the way.

Prediction: This Chip Stock Will Beat Nvidia in the 2nd Half of the Year

The capital markets have been experiencing some dramatic selling activity lately. While concerns about the economy have played a role, Nvidia also is reportedly delaying shipments of its new Blackwell chips. Despite this news, investors may want to take a step back and consider the full picture before offloading Nvidia...

Amid a 14% Sell-Off, Nvidia Just Hit Investors With a Rude Awakening. What Should Investors Do?

NewsBreak

AMD’s latest $4.9 billion AI acquisition is all about competing with Nvidia.

AMD is acquiring ZT Systems, a leading provider of AI infrastructure. AMD is...

AMD’s latest $4.9 billion AI acquisition is all about competing with Nvidia.

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