George Tsilis is not entirely convinced that Super Micro Computer Inc (NASDAQ: SMCI) has a competitive advantage over its rivals. He’s the senior markets contributor at Schwab Network. Supermicro deals in liquid-cooled server technology that is “not necessarily unique … it has been around for quite some time.” In fact,…
SoundHound AI Inc (NASDAQ: SOUN) chief executive Keyvan Mohajer wants his company to be in “all the enterprise brands”. The artificial intelligence enabled speech recognition company, he’s convinced, is poised to grow at a fast clip as it continues to diversify out of automotive and into retail, healthcare, finance, insurance,…
Black Friday, the traditional kickoff to the Christmas shopping season, arrived with a twist this year: a significantly shortened timeframe. With only 26 days between Thanksgiving and Christmas, compared to 31 days in 2022, retailers faced a compressed selling season, adding pressure to their holiday sales strategies. This compressed timeframe,…
Grayscale Investments’ head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January. Trump has already promised regulatory clarity and more accommodative policies for digital assets. His pro-crypto stance may prove to be a meaningful tailwind for Ethereum as it has…
India’s economic growth has decelerated to its slowest pace in almost two years, raising concerns about the nation’s overall economic outlook for the fiscal year ending March 2025. The Statistics Ministry announced on Friday that the Gross Domestic Product (GDP) grew by 5.4% in the three months ending September 2024,…
The global toy market, a $108.7 billion industry in 2023 (Circana), is witnessing a significant shift. Fast-growing e-commerce platforms Shein and Temu, known for their ultra-low prices and vast selection of primarily unbranded goods, are aggressively expanding into the toy sector, capitalizing on the lucrative holiday shopping season. While established…
Tesla and JPMorgan Chase have resolved a contentious legal battle over stock warrants that dates back to 2014. This lawsuit, which saw allegations and countersuits from both sides, has ended with the two companies agreeing to drop their respective claims, as revealed in a joint court filing in Manhattan. The…
In this week’s LATAM crypto update the use of virtual assets has increased to more than $75 million in just four months as a result of new laws issued by the Central Bank of Bolivia. The latest regulatory framework, established on June 25, 2024, by Resolution 082/2024, has resulted in…
China has transformed into the world’s largest car producer and exporter, surpassing traditional automotive powerhouses like Germany and Japan. This remarkable rise has been driven by massive government investment, a booming domestic market, and a relentless focus on innovation. China’s domestic market is the world’s largest for cars — nearly…
AMD stock price has underperformed its top peers, especially NVIDIA, but technicals point to a potential rebound. It was trading at $137 on Friday, down by almost 40% from its highest level this year. In contrast, NVIDIA has more than doubled and become the biggest company in the world. AMD…