The Nasdaq is a stock market index predominantly comprising technology and internet-related companies. Investors and traders closely monitor its performance as it serves as a barometer for the technological sector’s robustness and the general market mood. Nasdaq all-time high The Nasdaq Composite surpassed its previous highest value, marking a significantRead More →
TSMC stands as the world’s foremost producer of sophisticated processors, boasting clientele that includes industry giants like Nvidia and Apple Unprecedented demand for AI chips is being led by the proliferation of large language models such as ChatGPT and Chinese equivalents. Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday 17th April 2024 beatRead More →
Samsung Electronics anticipates its profits for the first quarter of 2024 to surge more than tenfold compared to the previous year. This projection is due to the recovery in chip prices following a post-pandemic decline and a surge in demand for artificial intelligence (AI) related products. As the world’s leadingRead More →
The world’s energy landscape is experiencing an unexpected twist: an oversupply of natural gas. As economies grapple with the aftermath of the pandemic, the gas market finds itself in a paradoxical situation. The Glut Unveiled Demand Dilemma Price Plunge Environmental Implications Conclusion The global gas glut is a paradox: abundantRead More →
The excitement surrounding artificial intelligence (AI) technology appears to show few signs of abating The technology company at the heart of the AI chip boom reported its Q4 earnings after the stock market’s close on Wednesday 21st February 2024, beating expectations for both earnings and sales. The company’s total revenue is up 265% fromRead More →
The Magnificent Seven, or MAMA ANT, is a term coined by Bank of America to describe the seven most dominant tech companies in the world The Seven are: Microsoft, Amazon, Meta Platforms, Apple, Nvidia, Tesla, and Alphabet. These companies have not only led the tech sector in terms of innovation,Read More →
It was a good day of earnings for Big Tech companies. Three of the Magnificent 7 results dominated the headlines: Meta, Amazon and Apple. Nasdaq and S&P 500 gained in ‘after the bell’ trading. This after a punishing day for Alphabet and Microsoft, despite good results. Nasdaq 100 closed at: 17344Read More →
U.S. microchip giant Advanced Micro Devices (AMD) is investing in AI PCs to take on the likes of Nvidia and Intel and Arm as the AI race gains momentum. As the AI market expands so too will AI powered personal computer (PC). These are personal computers embedded with processors specifically designed to perform AI functions suchRead More →
Chinese tech giant Baidu will partner Samsung to integrate its Ernie chatbot capabilities into Galaxy S24 smartphones. The collaboration with Baidu will facilitate Samsung’s latest Galaxy S24 smartphone series with advanced features such as advanced typesetting, real-time call translation and intelligent summarization. Samsung recently revealed its latest Galaxy S24 lineupRead More →
Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% and hit around $404 per share. The stock lost some ground throughout the day to close at: $402 per share. The achievement comes nearly two weeks after Microsoft eclipsed Apple as the world’s most valuable public companyRead More →
The Nasdaq 100 climbed to a new high of: 17314 on 19th January 2024 The NASDAQ 100 Index is a widely used benchmark for the performance of the technology sector in the U.S. market. It consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. Some ofRead More →
The Magnificent Seven is a term coined to describe the seven most valuable and popularly owned tech companies in the U.S. stock market. It was also a 1960’s movie… The Seven Apple (AAPL) The world’s largest software company, known for its iPhone, iPad, Mac, Apple Watch, AirPods, and other devices, asRead More →
The Nasdaq Composite index reached a new all-time intra-day of 16,764 points on Monday 18th December 2023. This was a remarkable achievement for the index, as it surpassed its previous record of 16,729 points. The Nasdaq Composite index has been on a strong uptrend since March 2020, when it bottomed out at 3,193 points amid the COVID-19Read More →
In 1993, amidst the hustle and bustle of family life and work commitments, I distinctly recall contemplating that should I have any disposable income, I would invest it in these particular stocks. I worked in tech running my own business and Microsoft was one of the businesses I wondered about,Read More →
A Downgrade Amidst Economic Slowdown In a significant development that has raised concerns among investors and policymakers worldwide, China’s debt outlook has been downgraded as the country grapples with a slowing economy. This move reflects growing apprehensions about the sustainability of China’s economic growth and its ability to manage itsRead More →
U.S. citizens have accumulated a record-breaking $1 trillion in credit card debt. The Federal Reserve’s interest rate hikes through 2023 have caused average interest rates for credit cards to spike to more than 22%. Rates on retail credit cards are even higher, nearing 29% on average. Despite rising costs and higher borrowingRead More →
Online investments app Robinhood said Thursday 30th November 2023 that it’s set to launch its platform in the U.K. in early 2024, marking the company’s third attempt at cracking international expansion. Features on offer by the firm include the ability to choose from 6,000 U.S. stocks including Tesla, Amazon and Apple, andRead More →
The idea is simple – pick good companies and hold them for the long-term. Every time you buy shares in a company, you have purchased a piece of that company. And as a share owner, you are entitled to a ‘share’ of the profits. When it comes to investing, theRead More →
Stocks retreated Friday as a surge in the 10-year Treasury yield prompted broader concerns about the state of the economy. The Dow Jones Industrial Average (DJIA) is one of the most widely followed stock market indices in the world. It tracks the performance of 30 large U.S. companies from various sectors, suchRead More →
Many large tech companies are planning to create their own energy supply or source power from 100% renewable generators. This is mainly because they have high electricity consumption, especially for their data centres, and they want to reduce their carbon footprint and achieve net-zero emissions targets. BIG tech companies thatRead More →
The Magnificent Seven tech stocks These are the seven largest U.S. listed companies in the technology sector. Apple, Microsoft, Amazon, Alphabet, Nvidia, Tesla and Meta Platforms. According to a report released Monday 2nd October 2023, these tech’ stocks have seen their valuation drop relative to the median stock in theRead More →
Apple said on Saturday 30th September 2023 that it will issue a software update that would address customer complaints about the latest iPhone 15 models, released just over a week ago, running hot. The new iPhones were running hot because of a combination of bugs in iOS 17, bugs inRead More →
Tech’ investor and disruptor Cathie Wood is an American investor and the founder, CEO and CIO of ARK Invest, an investment management firm that focuses on disruptive innovation. She is known for her bullish views on Tesla, DeepMind, and many other AI companies. DeepMind and Tesla Cathie Wood is a fanRead More →
France ban Apple iphone 12 According to news reports, France has banned the Apple iPhone 12 because it emits too much electromagnetic radiation, which could be harmful to human health. The French watchdog (ANFR) said that the iPhone 12’s specific absorption rate (SAR), which measures the rate of radio frequencyRead More →
Top tech stocks The Magnificent Seven is a term to describe seven tech’ stocks that have been surging in 2023. Dominant These seven stocks are considered to be dominant in their respective fields and have strong growth prospects driven by innovation and artificial intelligence (AI). They have outperformed the broaderRead More →
Chip design firm Arm on 5th September 2023 submitted an updated filing for its upcoming initial public offering on the New York Stock Exchange, setting a price range between $47 and $51. Only 9.4% of Arm’s shares will be freely traded on the NYSE. Arm was previously listed in LondonRead More →