hapabapa The theme of generative artificial intelligence has been dominated by a few companies, especially Nvidia (NVDA), but it looks to be broadening out, research firm TD Cowen said. “NVIDIA continues to dominate trading, narrative, and fundamentals, though GenAI spending is beginning to expand to others such as AMD, BroadcomContinue Reading
NRSInsights, a subsidiary of IDT (NYSE:IDT) on Monday said same-store sales in June increased 5.1% from a year earlier. In the month of May, same-store sales had increased 4.7% compared to May 2023. As of June 30, the NRS retail network comprised about 31,400 active terminals scanning purchases at independentContinue Reading
islander11/iStock via Getty Images Intapp (NASDAQ:INTA) shares fell more than 4% in premarket trading on Monday as Oppenheimer downgraded the software company, citing worries over the impact of artificial intelligence and increased competition. Although there has been a lot of buzz around AI in the tech landscape, there are concernsContinue Reading
Funtap Real estate investment trusts, or REITs, continued to lower their net asset value discount in June as investor sentiment improved on the back of increased hopes for a near-term rate cut. Traders see a 66.5% probability of a September 25-basis-point rate cut now, compared to 47.0% at the beginningContinue Reading
Road Town, Tortola, British Virgin Islands, June 25th, 2024, Chainwire Cryptopia has plenty to celebrate this month thanks to the crypto community’s phenomenal response to its Airdrop. Not only did the campaign surpass the team’s expectations with over 50,000 participants completing an impressive 137,000 missions, but it also helped CryptopiaContinue Reading
kokkai/iStock Unreleased via Getty Images Sea Limited (NYSE:SE) was downgraded to Neutral from Overweight by J.P. Morgan due in part to increased competition from TikTok (BDNCE) and Temu (PDD). “Incremental increases in competition are now likely to cap positive earnings revisions and share price in the near-term, in our view,”Continue Reading
