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The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending Spree
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending SpreeThis week, tech giants have been caught in a whirlwind of AI investment-driven drama. Nvidia's stock price has been on a rollercoaster ride, plummeting 7% on Tuesday, only to soar nearly 13% the next day, adding $330 billion to its market cap and sending other tech stocks on a similar wild ride...
Blockchain 2024-08-04 10:08:48 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan Segment
Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan SegmentThis year, supply chain component prices have been steadily rising, but the Redmi K70 Ultra has bucked the trend, winning over the market and consumers with its exceptional price-performance ratio. It not only upgraded its processor but also added IP68 waterproof functionality and Xiaomi's self-developed four chips, making it a true "more for less" proposition...
Mobile Internet 2024-08-04 00:06:59 -
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time. This volatility has garnered market attention, with investors closely watching the movements in the digital currency market.
The price of Bitcoin has fallen below $64,000 per coin, representing a drop of over 2.08% on the day, as of press time...
Blockchain 2024-08-03 23:50:11 -
Tesla's Q2 Earnings: Profits Miss Estimates, Car Sales Decline Continuously
Tesla's Q2 Earnings: Profits Miss Estimates, Car Sales Decline ContinuouslyOn Tuesday after the market closed, US electric vehicle manufacturer Tesla released its second-quarter earnings for 2024. The report revealed that despite a 2% year-over-year revenue increase to $25...
Industry dynamics 2024-08-03 12:52:07 -
Apple Reports Strong Earnings: iPhone 15 Sales Soar, Apple Intelligence Prepares for Launch, and Services Continue to Grow
Apple Reports Strong Earnings: iPhone 15 Sales Soar, Apple Intelligence Prepares for Launch, and Services Continue to GrowOn August 2, 2024, Thursday, Apple Inc. announced its financial results for the third quarter of fiscal year 2024 and held a conference call to discuss the results...
Industry dynamics 2024-08-02 18:19:09 -
Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also Benefits
Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also BenefitsOn Wednesday, Microsoft and AMD both made positive comments, indicating that billions of dollars worth of GPU-based AI server projects continue to move forward without any signs of slowing down. Following this news, Nvidia's stock price surged 13%...
Industry dynamics 2024-08-02 18:12:24 -
Japanese Auto Giants Join Forces to Counter the Electric Vehicle Surge: Honda, Nissan, and Mitsubishi Form an Alliance
Japanese Auto Giants Join Forces to Counter the Electric Vehicle Surge: Honda, Nissan, and Mitsubishi Form an AllianceAs the electric vehicle wave sweeps across the globe, Japanese automakers are striving to catch up with their overseas rivals. On July 30, sources revealed that Honda, Nissan, and Mitsubishi Motors are in talks to form a strategic partnership...
Industry dynamics 2024-08-02 17:59:06 -
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It More
Gates Praises Musk's Climate Efforts but Wants Him to Talk About It MoreOn July 22, Microsoft co-founder Bill Gates expressed high praise for Tesla CEO Elon Musk's contribution to tackling the climate crisis during a recent interview, calling it "extremely important." However, Gates also wished Musk would discuss the topic more frequently...
Industry dynamics 2024-07-31 17:16:31 -
Tesla Model Y Rumored to Undergo Major Redesign: "Juniper" Spy Shots Surface
Tesla Model Y Rumored to Undergo Major Redesign: "Juniper" Spy Shots SurfaceOn July 9th, a Tesla Model Y prototype, believed to be called "Juniper," was spotted in California, sparking speculation about a potential major redesign for the popular electric SUV.An image circulating on Reddit shows a black Model Y with heavily camouflaged front and rear bumpers...
Industry dynamics 2024-07-16 15:31:40 -
Apple Aims for 90 Million iPhone 16 Shipments, AI Features Key
Apple Aims for 90 Million iPhone 16 Shipments, AI Features KeyFollowing a challenging 2023, Apple reportedly aims to ship at least 90 million iPhone 16 units in the second half of the year, hoping to boost demand for the new lineup by deeply integrating artificial intelligence (AI) services.Sources indicate that Apple has notified its suppliers and partners about the iPhone 16 shipment target, representing a roughly 10% increase over the previous iPhone 15 generation...
Industry dynamics 2024-07-16 15:26:50
