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Elon Musk’s X Sees 80% Drop in Valuation: Struggles with Ad Revenue and User Engagement

Hannah Perry | October 3, 2024

Elon Musk’s X Suffers Massive Valuation Drop, Worth 80% Less Since Acquisition Elon Musk’s rebranded social media platform, X, formerly known as Twitter, has seen a dramatic decline in its valuation, estimated to be nearly 80% less than the $44 billion he paid for it just two years ago. According to investment firm Fidelity, which…

The Future of AI: How Edge Computing is Reshaping the Landscape from Cloud to Handheld Devices

Hannah Perry | October 2, 2024

AI’s Next Feat: The Descent from the Cloud It’s been two years since ChatGPT made its public debut, igniting a wave of investment in generative artificial intelligence (AI). This frenzy has driven up valuations for startups like OpenAI, the inventor of the chatbot, and for major technology companies whose cloud computing platforms train and host…

Apple’s Stock Surges Near Record High Fueled by Positive iPhone 16 Availability Insights

Hannah Perry | October 1, 2024

Apple’s Stock Nears Record High After Positive iPhone Availability Update Shares of Apple Inc. surged on Monday, nearing a record high after an optimistic assessment on iPhone availability was published by J.P. Morgan. This improvement was particularly driven by the base model of the new iPhone 16 series, giving investors renewed confidence in Apple’s market…

Stock Market Shifts: From AI Frenzy to Diverse Investment Opportunities in 2024

Hannah Perry | September 30, 2024

The Stock Market Isn’t All About AI Anymore The fervor surrounding artificial intelligence (AI) has started to wane in the stock market, especially as we transition into the latter part of 2024. Unlike the first half of the year, where investors were driven by an insatiable passion for AI technologies, the third quarter has ushered…

AI Investment Surge: Tech Giants Lead the Charge in Transformative Growth

Hannah Perry | September 27, 2024

AI Investment Surge: Examining the Quarterly Results of Tech Giants The Unstoppable AI Wave The quarterly performance of key players in the semiconductor and technology sectors, namely Nvidia Corp (NVDA), Broadcom Inc (AVGO), and Micron Technology, Inc (MU), demonstrates a vibrant and robust environment for artificial intelligence (AI) investments. Current trends reveal that hyperscalers, such…

Is Alphabet Stock a Hidden Gem or Risky Investment? Insights from Bernstein Analyst

Hannah Perry | September 27, 2024

Is Alphabet Stock a Bargain or Justifiably Cheap? Insights from Bernstein Analyst Alphabet Inc. shares have recently attracted attention as they trade at unprecedented discounts relative to both the S&P 500 and Meta Platforms Inc. This situation raises questions about the value proposition of investing in Alphabet. According to Bernstein analyst Mark Shmulik, while Alphabet’s…

Crypto Market Awakens: How Fed Rate Cuts Could Fuel DeFi’s Revival

Hannah Perry | September 26, 2024

Expect Crypto Bulls to Flock Back as Fed Cuts Rates Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. In the latest developments affecting the cryptocurrency landscape, the Federal Reserve has made a significant move by cutting its policy rate for the first time in four years, decreasing it by half…

Apple’s Dependence on iPhone: A High-Stakes Gamble for Investors

Hannah Perry | September 25, 2024

Apple’s iPhone Dependency: A Double-Edged Sword for Investors Introduction Apple Inc.’s business strategy is heavily intertwined with its flagship product, the iPhone. Recent analysis has illuminated just how dependent Apple is on this one device not only for direct revenue but also for substantial indirect income streams. According to Needham analyst Laura Martin, iPhone sales…

Intel’s Potential Buyout by Qualcomm and Apollo: What It Means for the Semiconductor Giant’s Future

Hannah Perry | September 24, 2024

Intel’s Turbulent Ride: A Potential Buyout by Qualcomm and Apollo Overview of Intel’s Current Situation Intel Corporation, once a towering titan in the semiconductor industry, has recently faced significant challenges leading to a steep decline in its stock value. The company has faced a staggering loss of approximately 77% from its 52-week peak, prompting speculation…

SpaceX Unveils Plan to Launch Five Uncrewed Starships to Mars Within Two Years

Hannah Perry | September 23, 2024

SpaceX Plans to Launch Five Uncrewed Starships to Mars Musk Sets Ambitious Timeline for Mars Missions In a groundbreaking announcement, SpaceX CEO Elon Musk revealed plans to send five uncrewed Starships to Mars within the next two years. This bold strategy is part of Musk’s long-standing vision to enable human exploration and eventual settlement on…

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