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30 Aug 2024

Rate Cuts Signal Weakening US Economy: Caution Advised Despite Risk-On Sentiment

Aashish P Somaiyaa, CEO of White Oak Capital Management, warns investors about the implications of potential US rate cuts, suggesting a cautious approach despite positive market sentiment.

2 Sources

ChatGPT's Weekly User Base Surges to 200 Million, OpenAI Reveals

OpenAI announces a significant milestone for ChatGPT, with weekly active users reaching 200 million. The AI chatbot's rapid growth and widespread adoption across various sectors highlight its impact on the tech industry and beyond.

6 Sources

Nvidia's Stock Rally Halts as Forecasts Disappoint Investors

Nvidia's stock experiences a pause in its remarkable rally after the company's revenue forecasts fall short of investor expectations. The AI chip giant's shares dip despite strong quarterly results, raising questions about its future growth trajectory.

3 Sources

Reliance's Ambitious Plan to Double Jio and Retail Revenue: Expert Analysis

Deven Choksey, a market expert, analyzes Reliance Industries' plan to double Jio and retail revenue in the next 3-4 years, suggesting it's an achievable goal given the company's growth trajectory and market potential.

2 Sources

Afraid: John Cho Stars in Blumhouse's AI Horror Thriller

Blumhouse's latest horror film "Afraid" explores the dangers of artificial intelligence, starring John Cho and Katherine Waterston. The movie, directed by Chris Weitz, receives mixed reviews for its outdated premise and execution.

9 Sources

Appen Limited Reports Growth in Generative AI Amid Cost-Cutting Measures

Appen Limited, an AI data company, sees growth in generative AI despite overall revenue decline. The company implements cost-cutting measures and strategic shifts to navigate market challenges.

2 Sources

Global Market Trends: Q2 2024 Insights from PGIM Jennison and Harding Loevner

An analysis of Q2 2024 market performance and investment strategies from PGIM Jennison International Opportunities Fund and Harding Loevner International Developed Markets Equity Fund.

2 Sources

Dell's Q2 Results Soar as AI Server Demand Fuels Record Infrastructure Sales

Dell Technologies reports strong Q2 2024 results, beating estimates with a surge in AI server sales. The company's infrastructure solutions group achieves record revenue, driven by increased demand for AI-capable servers.

10 Sources

TravelSky Technology Reports Strong Growth in 2024 Interim Results

TravelSky Technology Limited, a leading provider of information technology solutions for China's air travel and tourism industry, has reported robust growth in its 2024 interim results, showcasing resilience in the post-pandemic travel market.

2 Sources

Intel Explores Potential Business Split Amid Market Challenges

Intel, the semiconductor giant, is reportedly considering a major restructuring, including potentially splitting its chip design and manufacturing operations. This move comes as the company faces increasing competition and financial pressures in the global semiconductor market.

8 Sources

Autodesk Raises Full-Year Guidance Following Strong Q2 2025 Performance

Autodesk, the software design company, reported impressive Q2 2025 results and raised its full-year guidance. The company's performance was driven by robust growth across its key business segments and geographical regions.

3 Sources

Bandwidth Inc. Executives Sell Shares in Series of Transactions

Multiple executives at Bandwidth Inc., including the CFO, CIO, General Counsel, and Chief People Officer, have recently sold company shares. These transactions have raised questions about insider sentiment and company outlook.

6 Sources

Generative AI's Potential in Addressing Manpower Shortages: Insights from HGS CEO

HGS CEO Partha DeSarkar discusses the opportunities for generative AI in sectors facing manpower shortages. He highlights the technology's potential to enhance productivity and efficiency in various industries.

2 Sources

Apple Reportedly in Talks to Invest in OpenAI, Signaling Deeper AI Integration

Apple is reportedly considering an investment in OpenAI, the company behind ChatGPT. This move comes as Apple prepares to integrate AI features into iOS 18 and could signal a significant shift in the tech giant's AI strategy.

6 Sources

HCLTech Seeks Revenue Diversification to Mitigate Risks

HCLTech, a leading Indian IT services company, is exploring new revenue streams to reduce dependency on its traditional markets and services. The company aims to expand its presence in high-growth areas and emerging technologies.

2 Sources

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