Tag: technology
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TSMC second-quarter profit jumps over 23% sequentially, beating estimates, on high-end chip boom
TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.
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Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.
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Jim Cramer says he needs ‘cold hard’ proof that AI is paying off
CNBC’s Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.
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Jim Cramer questions whether Wednesday’s rally in Big Tech will have staying power
CNBC’s Jim Cramer warned that Wednesday’s rally in tech may have gotten carried away from fundamentals.
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Trump blasts New York AI data center moratorium, says state should change policy ‘immediately’
New York became the first state in the U.S. to impose a ban of its kind when the governor signed the executive order Tuesday.
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Amazon senior cloud executive departs after 18 years
Brown helped launch one of AWS’ oldest services and also oversaw its compute and machine learning units.
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Why Jim Cramer is shocked by Citi’s against-the-grain praise of Microsoft’s Copilot
Jim Cramer said on CNBC on Wednesday that Citi’s optimism is contrary to everything he has been hearing about Copilot being subpar.
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SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100
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DTCC, Wall Street’s post-trade powerhouse, tests tokenized markets with industry heavy hitters
The DTCC is pushing to bring tokenization of real world assets from concept to reality using existing financial infrastructure.
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We’re buying more of Jim Cramer’s favorite chip stock for the second time this week
We also added to our position on Monday.
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