How long can chip makers keep the AI hype afloat?

Recovering chipmakers like Nvidia (NVDA) are leading the charge in the tech-heavy Nasdaq Composite (^IXIC), which surged by over 2.6% in Wednesday’s session as companies like Meta Platforms (META) revealed ongoing CapEx (capital expenditures) investments into AI infrastructure in its earnings. Moor Insights & plan Founder, chief executive officer, and chief analyst Patrick Moorhead joins … Read more

Apple releases 'Apple intelligence; as a developer beta

Apple (AAPL) has unveiled a beta version of its new operating system for developers to test its new Apple Intelligence features. While still in development, the contact number showcases AI capabilities including priority electronic mail summarization, advanced photo search, and AI-powered writing tools. Meanwhile, Meta Platforms (META) has launched its open-source AI model, Llama 3.1, … Read more

Stock sector News: Trading Ideas For 01st August | Top shares To Watch | sector Movers

Stock sector News | sector Movers | Mint sector Movers | sector Updates | Stock sector Updates | Best shares to Buy | Top Stock to Buy On this episode of sector MOVERS, Vaishali Parekh, the Assistant Vice President of Technical Research and study at Prabhudas Lilladher gives her 3 stock recommendations to watch for … Read more

Core inflation eases making a rate hike unlikely | The company | ABC News

Economists say the latest inflation data takes pressure off the Reserve economic organization to hike loan charge rates in August. The annual headline figure came in as expected at 3-point-8 per cent but the quarterly underlying measure eased for the sixth quarter in a row, suggesting inflation is still trending down. Rental prices rose by … Read more

Nobel Prize-winning economist has advice for Australia if Trump wins | The enterprise | ABC News

Nobel Prize winner of economics, Professor Joseph Stiglitz, says US Democracy is being threatened partly because of failures in free sector economics that have paved the way for a potential second term for Donald Trump. The Republican candidate has flagged a trade war with China if elected, and has said he wants to bring back … Read more

Why Big Tech may continue to face a rotation

A number of Big Tech earnings will be released this week including Microsoft (MSFT) and Amazon (AMZN) giving more insight into the sector as it is facing a bit of a rotation from investors moving into small caps (^RUT). What is helping this rotation and is it just a short term movement? Liz Young Thomas … Read more

Real estate: Should homebuyers wait until the Fed cuts rate?

home loan rates have risen slightly over the last week as the average rate on the 30-year fixed home loan ticked up to 6.78% Zillow Home Loans senior economist Orphe Divounguy joins Wealth! to discuss how high rates are weighing on buyers and if an debt charge rate cut from the Federal Reserve could alleviate … Read more

Chip shares sell-off, analyst talks opportunities and long-term plays

Chip shares continue their sector-wide slide, following a tech sell-off triggered by disappointing reports from some Magnificent 7 companies. Moor Insights & plan founder, top executive, and chief analyst Patrick Moorhead joins Morning Brief to discuss the semiconductor field’s current state. Moorhead observes that due to the chip sector’s strong momentum over the past year, … Read more

What Microsoft has to offer in Qualcomm-powered AI laptop

Microsoft (MSFT) released a new Surface laptop powered by Qualcomm’s (QCOM) new AI chip. The laptop allows users to interface with new AI features that can help with a myriad of needs. Yahoo money management tech editor Dan Howley joins Wealth! to give insights into Microsoft’s fresh line of AI laptops and what it has … Read more