Nvidia’s Meteoric Rise Continues: Analyst Predicts $5 Trillion Valuation Ahead
Nvidia Corporation, a leading force in the semiconductor industry, is poised for even greater heights according to Rosenblatt Securities analyst Hans Mosesmann, who has set an ambitious price target projecting the company’s market value to approach $5 trillion. This bullish...
TikTok Usage Quadruples Since 2021: A Marketer’s Goldmine Despite Ban Threats
TikTok usage has skyrocketed, with 21% of Americans now using the app at least weekly. This significant growth, highlighted in a recent YouGov report, comes despite the platform facing increased scrutiny over privacy and foreign influence concerns. TikTok’s rapid...
AI-powered Apple Surpasses Microsoft to Reclaim Title of World’s Most Valuable Company
Apple Inc. has regained its status as the world’s most valuable company, overtaking longtime rival Microsoft Corp. The shift occurred as Apple’s stock surged nearly 4% to reach a record high of $215.04, propelling its market capitalization to $3.29 trillion. This...
Global Power Shift: BYD’s Rise Challenges Traditional Automakers
BYD Co. Chairman Wang Chuanfu asserted that European and US politicians are apprehensive about the growing influence of Chinese electric vehicles (EVs) on their markets. Wang, the 58-year-old billionaire founder of China’s largest auto company, highlighted this reaction as a...
Instagram Tests Unskippable Ads, Following YouTube’s Lead
Instagram has confirmed that it is testing unskippable ads. This development was uncovered after users began sharing screenshots of the new feature across various social media platforms.The feature, known as “ad breaks,” compels users to watch ads in their...
Geneva Auto Show Shuts Down After 119 Years Amid Waning Interest
The renowned Geneva International Motor Show (GIMS) will be permanently cancelled after over a century of showcasing automotive innovation. The decision, announced by event organizers on Friday, marks the end of an era for what was once a pivotal event in the global auto...
OpenAI’s CEO Hails News Corp Partnership as Transformative for Technology
OpenAI has announced a multiyear partnership with News Corp, valued at up to $250 million over five years. This deal comes as tech giants like Microsoft, OpenAI, and Google face increasing scrutiny over the use of copyrighted content to train their AI models without explicit...
Amazon Prime Members Enjoy Seamless Grubhub Access on Amazon Platforms
Amazon.com has announced that its U.S. customers can now order from Grubhub directly through its shopping app and website, further solidifying the partnership between the two companies. This integration extends the benefits already available to Amazon Prime members, who enjoy...
Nvidia CEO Jensen Huang’s Wealth Soars to $90 Billion in Five-Year Surge
Nvidia CEO Jensen Huang’s financial trajectory has reached stratospheric heights, with his net worth skyrocketing from $3 billion to a staggering $90 billion in just five years. This monumental surge in wealth comes as Nvidia shares surged by over 9% on Thursday,...
“Godfather of AI” Proposes Universal Basic Income Amid Job Fears
The “Godfather of Artificial Intelligence” Geoffrey Ginton believes that the introduction of a universal basic income could solve the problem of a possible shortage of jobs caused by the development of AI.Geoffrey Hinton told the BBC he was “very concerned that a lot of...