by Elvis Guaman | Jan 15, 2025 | AI, Investing News, Market News, Technology
Last week, tech stocks, including quantum computing companies, took a hit following comments by NVIDIA CEO Jensen Huang. He suggested that the timeline for AI and quantum computing breakthroughs might take longer than expected, leading to a significant drop in stock...
by Jessica Gwathney | Jan 8, 2025 | AI, Investing News, Market News, Stock Market, Technology
Quantum computing stocks took a sharp dive Wednesday, with Rigetti Computing (RGTI) down 47% in mid-day trading following a bullish run last week. The sell-off was sparked by comments from Nvidia (NVDA) CEO Jensen Huang, who cast doubt on the immediate potential of...
by Shivam | Jan 7, 2025 | AI, AI, Automotive, Automotive, Investing News, Market News, Technology
Aurora Innovation (AUR), a leader in autonomous trucking, experienced a dramatic surge in its stock price, rising over 30% by 11 am EST after announcing a strategic partnership with Nvidia (NVDA) to scale the deployment of self-driving trucks. The deal, unveiled at...
by | Dec 13, 2024 | AI, AI, Investing News, Stock Market, Technology
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
by Suzeline Michel | Dec 9, 2024 | AI, AI, Market News, Products, Technology
Nvidia (NVDA) saw its stock dip more than 3% before noon on Monday following the news that China had launched an antitrust investigation into the company. The probe is focused on potential anti-monopoly violations by the semiconductor giant, particularly its business...