U.S. Credit Downgrade Weighs on Chip Stocks, Influencing AMD Forecast

U.S. Credit Downgrade Weighs on Chip Stocks, Influencing AMD Forecast

AMD Chair and CEO, Lisa Su, delivered a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 4, 2023. The event highlighted the latest developments in the technology industry. Chip stocks experienced a slight decline following AMD’s disappointing revenue forecast, which raised concerns about the fragility of the PC market …

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Q3 2023 Earnings Report Revealed by Qualcomm (QCOM)

Q3 2023 Earnings Report Revealed by Qualcomm (QCOM)

Qualcomm president and CEO Cristiano Amon discussed Qualcomm’s groundbreaking technology for automakers during a press conference at CES 2022 in Las Vegas, Nevada, on January 4, 2022. Photo by Steve Marcus | Reuters Qualcomm exceeded Wall Street’s expectations with their third-quarter earnings report, but fell short in terms of revenue and guidance for the fourth …

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Researchers find that twitter bots bolstered FTX-listed crypto after Elon Musk’s tweets

Researchers find that twitter bots bolstered FTX-listed crypto after Elon Musk’s tweets

Sam Bankman-Fried, the co-founder and CEO of FTX, was recently featured in a study from the Network Contagion Research Institute (NCRI). The study discovered that rampant Twitter bots played a major role in inflating the prices of cryptocurrencies, including coins traded by insiders at FTX’s hedge fund Alameda Research, before its collapse. The NCRI researchers …

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Democrats question Musk regarding his ‘adverse position’ towards independent research

Democrats question Musk regarding his ‘adverse position’ towards independent research

Twitter introduces new X logo, replacing Larry the bird. Image by Rafael Henrique | Lightrocket | Getty Images Three Democratic lawmakers have raised concerns to Elon Musk regarding his social media platform’s “hostile stance” towards independent research. This follows X (formerly known as Twitter) suing a nonprofit research group that discovered an increase in hate …

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Leaked Information from Amazon Employees Reveals Marketplace Sellers’ Purchases on Telegram

Leaked Information from Amazon Employees Reveals Marketplace Sellers’ Purchases on Telegram

The Amazon marketplace is a lucrative platform for millions of sellers, but the constant threat of suspension is a major concern for them. Recovering a suspended account is a costly and time-consuming process that involves proving innocence or admitting guilt and fixing the issue. In this challenging environment, illicit brokers have emerged, offering services like …

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CNBC and Statista Unveil the World’s 200 Leading Fintech Companies

CNBC and Statista Unveil the World’s 200 Leading Fintech Companies

The global fintech industry is thriving, with a diverse range of applications in finance. CNBC and Statista have collaborated to compile a list of the world’s top 200 fintech companies. The selection process involved evaluating key performance indicators such as user numbers, volumes, and revenues. To ensure comparability, the chosen companies have been divided into …

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Q2 2023 Financial Results of Pinterest (PINS)

Q2 2023 Financial Results of Pinterest (PINS)

Pinterest Inc., the popular online image board, experienced a 4% decline in shares following its second-quarter earnings report. The report revealed that expenses grew at a faster rate than revenue. Despite this setback, the company still performed well in other areas. In terms of revenue, Pinterest exceeded expectations, reporting $708 million compared to the expected …

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Q2 2023 AMD Earnings Report Unveiled

Q2 2023 AMD Earnings Report Unveiled

Lisa Su, the CEO of AMD, presented the ADM Instinct M1300 chip at CES 2023, held at The Venetian Las Vegas. Despite reporting an 18% decline in revenue in its fiscal second-quarter earnings report, AMD’s stock rose more than 4% in extended trading. Here is a breakdown of AMD’s performance: – Earnings: Adjusted earnings were …

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Google uses AI to supercharge its Assistant unit with another reshuffle

Google uses AI to supercharge its Assistant unit with another reshuffle

Google aims to enhance its smart assistant by leveraging advancements in generative artificial intelligence, marking a significant reorganization of the Assistant unit. Peeyush Ranjan, Google’s VP of Engineering at Assistant, announced in an employee email that the reshuffle would involve a small number of layoffs. The company plans to integrate large language model (LLM) technology …

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