I predicted that Amazon's cloud growth would reaccelerate. In the three quarters reported thus far in 2024, revenue for Amazon Web Services (AWS) has increased 18% year over year, including 19% growth in Q3. That's up from 13% growth in 2023, so I'll put that in the win column.
Could Nvidia stock fall by about 50% to levels of around $65 in the near term from the roughly $130 level it is at currently? We believe this is a real possibility. Nvidia has seen its business boom,
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia — reportedly personally contacting Nvidia Chief Executive Officer Jensen Huang and offering more than $1 billion for a cluster of GB200 GPUs. As it relates to xAI specifically, take a look at what Musk posted on X (formerly Twitter) back in September.
Oracle is fast becoming a leader when it comes to building data centers for artificial intelligence development.
Nvidia's Blackwell chip has taken the world by storm. For that reason, Yahoo Finance has selected Blackwell as its 2024 Product of the Year.
Explore how NVIDIA became the leader in AI chips, the challenges it faces from competitors like AMD and Intel, and the impact of China's antitrust investigation.
Microsoft has secured its spot at the top of the AI hardware food chain, outspending every tech giant in the game and buying 485,000 Nvidia Hopper chips this
The historic Dow Jones Industrial Average (\^DJI -0.20%) has undergone major changes in recent years. In 2020, Salesforce (NYSE: CRM), Amgen, and Honeywell International replaced E
AWS (formally known as Amazon Web Services) may have a new rival. This could be a huge problem because AWS is Amazon.com Inc.’s (NASDAQ: AMZN) earnings engine, and most analysts believe it is also the primary reason Amazon’s stock has done so well.
A wave of AI uncertainty and valuation concerns have stopped this highflier in its tracks, but blistering gains could be on the horizon.
Samsung has become a dominant player in the TV OS business, but Google TV and Roku need to invest in some game streaming apps for further innovation.
Salesforce reported solid financial results in the third quarter of fiscal 2025, which ended in October 2024, despite missing bottom-line estimates. Revenue rose 8% to $9.4 billion on particularly strong growth in sales and customer service software, and non-GAAP earnings increased 14% to $2.41 per diluted share.