A critical examination of the AI industry’s financial mechanics, dubbed the “AI Infinite Money Glitch,” is raising alarms among financial analysts and tech critics. Gordon Johnson, CEO and Founder of GLJ Research, LLC, explicitly warns that the current AI boom is not only a potential “high-tech house of cards” but also an “excuse to eliminate […]
Cramer Warns On One Chip Stock, Says Broadcom Is The Better Bet
On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended being careful with Ambiq Micro, Inc. (NYSE:AMBQ). He added, “There are so many good semiconductor companies out there” and recommended going with Broadcom (NASDAQ:AVGO). On the earnings front, Ambiq Micro reported quarterly losses of 43 cents per share on sales of $17.90 million on Sept. 4. […]
‘Shark Tank’ Star Kevin O’Leary Says Bitcoin Mining, AI Data Centers Are Locked In A ‘Power Struggle’ Amid Scarce Electricity In US
Renowned investor and “Shark Tank” personality Kevin O’Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are “competing” for scarce electricity in North America. O’Leary Says US Doesn’t Have Much Power During an interview with Moneywise, O’Leary weighed in on the power situation in the region, noting that there isn’t much […]
Mark Cuban Grades Trump’s Online Drug Store ‘B,’ Plans To Give It An ‘A’ If These Changes Happen: ‘Trump Gets All The Credit’
Mark Cuban, the billionaire entrepreneur and investor, has given a cautious “B” grade to President Donald Trump’s new online drug store venture, TrumpRx.gov. Cuban Sees Potential In Trump’s Drug Venture For Patients Cuban, the founder of Cost Plus Drugs, a direct-to-consumer online pharmacy, expressed his thoughts on Trump’s new venture on X. He believes that this could be […]
Elon Musk’s Tesla Urges Buyers To Lock In Orders Before September 30 $7,500 EV Credit Cutoff
Tesla Inc. (NASDAQ: TSLA) has urged customers to lock in purchases ahead of the September 30 deadline for the Federal EV credit to avail the incentive, as Q3 deliveries look poised to exceed analyst estimates. EV Credit Deadline Is Just Around The Corner The company’s North American handle posted on the social media platform X […]
Why Top KingWin Shares Are Trading Higher By 87%; Here Are 20 Stocks Moving
Shares of Top KingWin Ltd (NASDAQ: WAI) rose sharply in pre-market trading after the company announced it entered into a sales contract with Walker Times International for the sale of 10,000 units of TK-D2C AI Robots. Top KingWin shares jumped 87.4% to $5.92 in the pre-market trading session. Here are some other stocks moving in […]
Alibaba, Lithium Americas and Other Big Stocks Moving Higher
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 0.3% on Wednesday. Shares of Alibaba Group Holding Limited (NYSE:BABA) rose sharply in pre-market trading. Alibaba is deepening its artificial intelligence ambitions by integrating Nvidia’s (NASDAQ:NVDA) suite of “physical AI” development tools into its cloud platform, a move that strengthens ties between […]
Nvidia Greenlights Samsung’s AI Chip Technology, Sets Stage For HBM4 Battle: Report
Samsung Electronics Co. (OTC:SSNLF) has reportedly received the green light from Nvidia Corp. (NASDAQ:NVDA) for its latest high-bandwidth memory (HBM3E) product, marking a significant breakthrough in the AI hardware chip supply race. Samsung Wins Nvidia Nod For HBM3E Memory Chips Samsung’s fifth-generation 12-layer HBM3E product has passed Nvidia’s qualification tests, according to sources familiar with the matter, reported KED Global […]
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Elon Musk Reacts After EV Enthusiasts Take Cybertruck Driving From Florida To Arctic Ocean: ‘Cool’
September 4, 2024
Four Tesla Inc enthusiasts made it to the Arctic Ocean in their Cybertrucks on Tuesday from Florida to much applause from the company and its billionaire CEO Elon Musk. What Happened: Justin Demaree, Rafael Santoni, Nancy, and Gary Mark on Tuesday made it to the Arctic Ocean in two Cybertrucks covering 5500 miles on the […]
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