Qualcomm Inc (NASDAQ:QCOM) is harnessing the capabilities of advanced artificial intelligence (AI) to amplify its presence in the automotive chip sector, presenting fresh and imaginative possibilities to automakers. Known for its cutting-edge chips and modems found in Android phones, the company has been actively promoting its Snapdragon Digital Chassis, a fusion of hardware chips, sensors,…
The Biden Administration’s Pause: Nvidia’s Microchip Sales Affected In a strategic move with global implications, the Biden administration has halted Nvidia Corp.’s (NASDAQ: NVDA) microchip sales to the Middle East. The concern at hand is the potential re-export of these chips to China, a bold geopolitical maneuver recently highlighted by the Telegraph’s James Titcomb. National…
Artificial intelligence has swiftly entered the common vocabulary of most investors, a trend that hasn’t escaped the attention of Cathie Wood, the visionary behind Ark Invest. Wood’s involvement with Nvidia Corp (NASDAQ:NVDA) dates back to at least 2016, and according to her, the AI trade still holds great promise. In fact, she believes that AI…
With the rapid advancements in artificial intelligence technology, an increasing number of companies are actively exploring ways to incorporate this potentially transformative tool into their operations. Among these companies is Uber Eats. Uber Eats is gearing up to introduce an AI-driven chatbot, aimed at assisting users in making decisions about their upcoming meals, as reported…
In a significant development that underscores the evolving landscape of international relations, the coalition of BRICS countries – comprising Brazil, Russia, India, China, and South Africa – has come to a consensus to expand its membership. This comes amid growing interest from several nations eager to be part of this influential group. The Backdrop:…
In the labyrinth of geopolitical maneuverings and high-stakes power plays, Russia often stands as a behemoth with stories that often read like chapters from a dramatic thriller. The recent plane crash, leading to the purported demise of Yevgeny Prigozhin, the chief of Wagner and a once-close Kremlin confidante, is one such tale that’s stirring…
In a recent chat with CNN, retired U.S. Army general and former CIA director, David Petraeus, expressed cautious optimism about Ukraine’s counteroffensive against Russia. While Kyiv’s initial success in taking out six of Putin’s missiles made waves in May, the road to victory has been more arduous than anticipated by many Western observers….
Microsoft’s foray into the world of Artificial Intelligence (AI) and cloud technology has industry experts buzzing, especially with the promising trajectory it seems to be on. Analyst’s Take Timothy Horan from Oppenheimer has firmly placed his bets on Microsoft (NASDAQ: MSFT). Not only has he given the tech giant an ‘Outperform’ rating, but…
As the federal oversight body winds down its multi-year assessment of Tesla’s touted Autopilot system, the road ahead for Elon Musk’s vision of self-driving technology remains clouded with uncertainty. Snapshot: The Key Player: The National Highway Traffic Safety Administration (NHTSA) has spent years examining the ins and outs of Tesla’s driver-assist mechanisms, especially the…
Apple, Inc (NASDAQ:AAPL) briefly dipped below Thursday’s low on Friday following remarks by Federal Reserve chair Jerome Powell at the Jackson Hole Symposium, suggesting the central bank hasn’t ruled out further interest rate adjustments. During this trading activity, Apple exhibited the potential for a doji candlestick formation, hinting at the possibility of a higher low….
