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05 Aug 2024

AI Stock Market: Opportunities Amid Volatility

Recent market fluctuations have sparked discussions about AI stocks. Despite concerns of a bubble, experts see potential in key players like Nvidia, Microsoft, and Apple. This article explores investment opportunities in the AI sector.

6 Sources

Oraseya Capital Invests in Seven Technology Startups Through UAE Sandbox Program

Oraseya Capital, a subsidiary of Abu Dhabi's G42, has invested in seven technology startups through the UAE's Sandbox program. This initiative aims to support innovative companies and boost the UAE's tech ecosystem.

2 Sources

04 Aug 2024

Warren Buffett's Berkshire Hathaway Slashes Apple Stake by Nearly Half

Berkshire Hathaway, led by Warren Buffett, has significantly reduced its stake in Apple, selling nearly half of its shares. This move has sparked speculation about Buffett's market outlook and Berkshire's investment strategy.

14 Sources

Zerodha Asset Management Fined for Delayed CFO Appointment

The Ministry of Corporate Affairs has imposed penalties on Zerodha Asset Management and its executives for failing to appoint a Chief Financial Officer within the mandated timeframe.

2 Sources

Tata Group's Semiconductor Plant in Assam Set to Revolutionize Indian Tech Industry

Tata Group's ambitious semiconductor plant in Assam is slated to begin operations by 2025, promising to create 27,000 jobs and boost India's position in the global semiconductor market.

2 Sources

Global Market Turbulence: AI Economics, Yen Carry Trade, and Sahm Rule Impact India's Economy

Recent global market turbulence, influenced by AI economics, the yen carry trade, and the Sahm Rule, is causing ripples that India cannot afford to ignore. These factors are reshaping economic landscapes and investment strategies worldwide.

2 Sources

Tech Giants and Analyst Picks: A Week in Review

A comprehensive look at notable analyst calls and trending stocks in the tech sector, featuring Meta, Novavax, Intel, and other major players. The article explores recent market movements and expert opinions shaping investor sentiment.

2 Sources

Apple Confirms ChatGPT Integration Coming to iOS 18 by Year-End

Apple's CEO Tim Cook discusses the company's AI strategy, confirming plans to integrate ChatGPT into iOS 18. The rollout is expected to be gradual, with a focus on privacy and user experience.

2 Sources

03 Aug 2024

Q2/Q3 2024 Earnings Call Roundup: Tech and Real Estate Firms Show Mixed Results

A comprehensive overview of recent earnings calls from Asure Software, Tecnicas Reunidas, EXCO Technologies, Altigen Communications, and Elme Communities, highlighting key financial results and future outlooks.

7 Sources

Google Pulls Controversial AI Ad "Dear Sydney" from Olympic Broadcast Amid Public Backlash

Google has removed its AI-focused advertisement "Dear Sydney" from Olympic broadcasts following widespread criticism. The ad, which showcased the capabilities of Google's Gemini AI, sparked controversy due to its portrayal of AI technology and its potential impact on human creativity.

9 Sources

Global Stock Markets Tumble as Recession Fears Intensify

Stock markets worldwide face significant declines as concerns about a potential recession grow. The Nasdaq enters correction territory, while other major indices also experience substantial losses.

2 Sources

Biotech Firms Adaptive and Butterfly Network Report Strong Q2 Results and Future Outlook

Adaptive Biotechnologies raises MRD revenue outlook after Q2 results, while Butterfly Network reports record Q2 revenue and expands AI initiatives. Both companies show promising growth in their respective biotech sectors.

2 Sources

Nvidia's Next-Gen AI Chip 'Blackwell' Faces Delay, Impacting Tech Giants

Nvidia's highly anticipated AI chip, codenamed 'Blackwell', has reportedly been delayed due to design flaws. This setback could affect major tech companies like Microsoft, Google, and Meta, who rely on Nvidia's chips for their AI initiatives.

6 Sources

Meta's Multimillion-Dollar Bid for Celebrity Voices in AI Race

Meta, the parent company of Facebook, is reportedly offering millions to Hollywood celebrities for the use of their voices in AI tools. This move signals an escalation in the AI race among tech giants.

8 Sources

LightInTheBox and Marin Software Report Q2 2024 Results: Contrasting Fortunes in E-commerce and Digital Advertising

LightInTheBox faces challenges with declining revenue and widening losses, while Marin Software reports mixed results and a key partnership renewal. Both companies navigate a complex economic landscape in their respective sectors.

2 Sources

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