Market News
Latest financial news and analysis from global markets
AAPL
Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AI
South Korean AI chip startup DEEPX will expand its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second generation of low-power chips, its top executive said, as it gets set for an IPO. DEEPX is in talks with the government and investors to raise more than 600 billion won ($408 million) in an ongoing funding round, in the run-up to a potential IPO in South Korea, DEEPX CEO Lokwon Kim said. The company, which began producing chips late last year, is one of a number of South Korean startups riding on Seoul's ambitions to nurture artificial intelligence champions and make the country an AI leader.
INTC
Why Credo Stock Popped Today
The high-speed cable maker is expanding its market opportunity.
NVDA
Why Credo Stock Popped Today
The high-speed cable maker is expanding its market opportunity.
INTC
3 AI Stocks That Can Outpace the S&P 500 for the Next 5 Years
These three AI stocks have propelled the S&P 500 higher and look poised to outperform the index for some time to come.
NVDA
3 AI Stocks That Can Outpace the S&P 500 for the Next 5 Years
These three AI stocks have propelled the S&P 500 higher and look poised to outperform the index for some time to come.
AVGO
3 AI Stocks That Can Outpace the S&P 500 for the Next 5 Years
These three AI stocks have propelled the S&P 500 higher and look poised to outperform the index for some time to come.
GOOGL
Broadcom (AVGO) Valuation Check After Major AI Chip Agreements With Meta Google And Anthropic
Broadcom (AVGO) is back in focus after signing extended multiyear agreements with Meta, Google, and Anthropic that place its custom AI chips and networking at the core of large scale AI data center buildouts. See our latest analysis for Broadcom. The recent AI chip agreements coincide with strong momentum in Broadcom’s shares, with a 30 day share price return of 17.19% and a 1 year total shareholder return of 119.84%, while multi year total shareholder returns are also very large. If you are...
AVGO
Broadcom (AVGO) Valuation Check After Major AI Chip Agreements With Meta Google And Anthropic
Broadcom (AVGO) is back in focus after signing extended multiyear agreements with Meta, Google, and Anthropic that place its custom AI chips and networking at the core of large scale AI data center buildouts. See our latest analysis for Broadcom. The recent AI chip agreements coincide with strong momentum in Broadcom’s shares, with a 30 day share price return of 17.19% and a 1 year total shareholder return of 119.84%, while multi year total shareholder returns are also very large. If you are...
AAPL
Apple Lawsuit Puts Apple Pay Controls And Services Valuation In Focus
Apple has been named as a defendant in a wide reaching lawsuit alleging failure to prevent high frequency gambling transactions processed via Apple Pay. The case centers on claims that Apple, alongside other financial and e commerce firms, enabled hundreds of rapid gambling payments tied to an allegedly fraudulent gaming operator. Plaintiffs are seeking substantial damages and injunctive relief, raising questions about Apple Pay’s consumer protection controls and regulatory compliance. For...
AMZN
The Bezos Vs. Musk Space Race Is Heating Up
Bezos-founded companies are pushing ahead in satellite connections and rocket launches, businesses that Musk’s SpaceX has long dominated.
AAPL
The Bezos Vs. Musk Space Race Is Heating Up
Bezos-founded companies are pushing ahead in satellite connections and rocket launches, businesses that Musk’s SpaceX has long dominated.
ETHUSDT
ether.fi’s ETHGas Deal Backs a Bigger Push to Make Ethereum Execution More Predictable
ether.fi has committed about $3 billion in ETH to ETHGas, backing a three-year agreement that gives the blockspace ...