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Short bets against Nvidia currently stand at approximately $34 billion according to data from S3 Partners. This is nearly double the amount that has been bet against Apple and Tesla combined, with short bets of around $19 billion and $18 billion, respectively. However, short bets against Nvidia only comprise around 1% of the company's total stock market value. Demand for Nvidia's high-end AI processors has driven the stock up 143% in 2024. Some investors are betting that Nvidia's skyrocketing stock price will eventually fall back to earth.
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Celine Dion
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Mark Knopfler
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Make Money Online With Google
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Rtv Music
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Dell Technologies exceeded analysts' expectations for fiscal first-quarter revenue and earnings and raised its full-year revenue guidance. Dell's AI-optimized server orders increased significantly but the company's gross margins declined due to competitive pricing and a higher mix of AI servers. Dell's AI server backlog is primarily made up of orders for Nvidia-based servers as the company works through supply chain issues. The backlog also includes large cloud customers. Extended trading saw Dell's stock price drop over 18% following the earnings call.
⏲ 0:38 👁 1.2M
Apple's Worldwide Developer's conference is typically focused on new software capabilities, but recent years have included some hardware announcements as well. This year, it will likely focus strictly on software again. iOS 18, iPadOS 18, and macOS 15 are expected to include major AI-powered features integrated into core apps like Photos, Safari, Messages, and Notes. Siri is also expected to get a major overhaul. The keynote will be livestreamed on June 10 and is expected to be \
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Investors have poured money into startups developing AI agents that can complete tasks rather than answer questions like chatbots, after the success of ChatGPT. Companies like Klarna, Microsoft, Google, and OpenAI are working on AI assistants that can handle more complex multi-step tasks rather than single responses. Experts define AI agents as tools that can make decisions and complete work without constant human oversight, going beyond chatbots. Some argue the concept of a general-purpose AI assistant is overhyped, and widespread adoption of AI agents will take time as developers aim to improve the tools and build user trust significantly.
⏲ 0:43 👁 275K
TSMC's May sales rose 30% year-over-year to $7.1 billion as strong demand for artificial intelligence chips and the recovery of some consumer electronics markets contributed to the sales growth. TSMC is the exclusive manufacturer of Nvidia's most advanced AI chips and also produces chips for Apple, AMD, and other companies. Smartphone sales emerged from a long slump in the first quarter of 2024, increasing expectations for strong orders of mobile chips. TSMC's chairman expects the overall semiconductor industry recovery to continue through 2024, driven by AI development.
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“If you want to be a relevant, modern brand, you have to be able to sell across every surface area where consumers are spending their time,” says Shopify President.
⏲ 11:20 👁 3.7M
The field of artificial intelligence (AI) in Malaysia needs to be applied with the values of ‘turath Islam’ (Islamic scholarly tradition), and not completely guided by the Western model, saidPrime Minister Datuk Seri Anwar Ibrahim.<br/><br/>Anwar said that the skills and development of AI progress in the country need to be filled with the treasures of knowledge and the legacy of Islam.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
⏲ 1:46 👁 6.9M
Captcha a humanoid robot says they have no plans to take over the world but would rather just insult humans.
⏲ 0:52 👁 8.5M
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