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04 Sept 2024

ASX Faces Volatility Amid Global Market Shifts and Rate Cut Debates

The Australian Securities Exchange (ASX) experiences fluctuations as global markets react to tech sector sell-offs, oil price drops, and ongoing debates about interest rate cuts. Investors navigate uncertainties in both domestic and international economic landscapes.

3 Sources

Google Integrates Gemini AI into Chrome's Address Bar

Google has quietly rolled out Gemini AI integration in Chrome's address bar, allowing users to interact with the AI assistant directly from the browser's interface.

2 Sources

AMD Ryzen AI 300 Series Laptops to Receive Free Microsoft Copilot Update in November

AMD's Ryzen AI 300 series laptops are set to receive a free Microsoft Copilot update in November, enhancing AI capabilities. This update aligns with similar AI advancements for Intel's Core Ultra 200V chips, marking a significant step in AI integration for consumer PCs.

11 Sources

Broadcom's Q3 Earnings: AI Momentum and Market Expectations

Broadcom is set to report its Q3 earnings, with analysts and investors closely watching the company's performance in the AI chip market. While some expect strong results driven by AI demand, others caution about potential market overvaluation.

4 Sources

36Kr Holdings Reports Mixed Q2 2024 Results Amid Market Challenges

36Kr Holdings Inc., a prominent service platform for China's new economy participants, released its Q2 2024 financial results, showing resilience in some areas while facing challenges in others. The company's management discussed strategies for growth and adaptation in a evolving market landscape.

2 Sources

Hello Group Reports Mixed Q2 Results, Focuses on Tantan Revamp

Hello Group Inc., formerly known as Momo, released its Q2 2024 earnings report, showing mixed results. The company's focus on revamping its Tantan app and navigating China's economic challenges were key highlights.

2 Sources

AMD Appoints Former NVIDIA VP Keith Strier to Lead Global AI Strategy

Advanced Micro Devices (AMD) has hired Keith Strier, a former NVIDIA executive, as its new Senior Vice President of Global AI Markets. This strategic move aims to bolster AMD's position in the rapidly growing artificial intelligence sector.

2 Sources

Stock Market Volatility: Nvidia Leads Tech Rebound After August Slump

The stock market experiences a rollercoaster ride as tech stocks, led by Nvidia, rebound after a significant August decline. Investors navigate economic uncertainties and shifting market dynamics.

3 Sources

RingCentral CFO Sonalee Parekh Resigns, Joins Asana as New CFO

RingCentral announces the resignation of CFO Sonalee Parekh, who is set to join Asana. The company initiates a search for a successor as Parekh transitions to her new role.

2 Sources

Dell XPS 13 Boasts Impressive 26-Hour Battery Life with Intel Core Ultra Processor

Dell's latest XPS 13 laptop, powered by Intel's new Core Ultra processor, claims an extraordinary 26-hour battery life. This significant improvement in energy efficiency marks a new era in portable computing.

6 Sources

NVIDIA: Beyond AI - A Comprehensive Look at Q2 Performance and Future Prospects

NVIDIA's Q2 results show strong performance, but concerns arise over US revenue decline and valuation. The company's diversified portfolio and software strategy present opportunities beyond AI.

3 Sources

Intel CEO to Present Asset Reduction Plans at Emergency Board Meeting

Intel CEO Pat Gelsinger is set to propose significant asset reductions at an emergency board meeting. The plans may include putting a $32 billion plant in Germany on hold and selling off Altera, as the company faces financial challenges.

3 Sources

California Passes Landmark AI Safety Bill SB1047

California has passed a controversial AI safety bill, SB1047, aimed at regulating artificial intelligence. The bill introduces new requirements for AI companies and has sparked debates about innovation and safety.

3 Sources

AvidXchange Executives Sell Shares Worth Over $211,000

AvidXchange's CFO Joel Wilhite and CEO Michael Praeger have sold company shares worth over $157,000 and $54,000 respectively, signaling potential insider trading activity.

2 Sources

Hewlett Packard Enterprise Raises Annual Profit Forecast Amid AI Boom

Hewlett Packard Enterprise (HPE) has increased its annual profit forecast, driven by strong demand for artificial intelligence. The company's shares rose following the announcement of better-than-expected quarterly results and an optimistic outlook for the fiscal year.

10 Sources

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