The title of “World’s Most Valuable Company” belongs to Apple once again. As of mid-afternoon Wednesday (June 12), the iPhone maker’s market capitalization stood at $3.38 trillion, putting it ahead of Microsoft — $3.29 market cap — for the first time in months. The company’s...
Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s accelerated computing to the core of Databricks’ data intelligence platform. “As data prep, curation and...
The Justice Department and the Federal Trade Commission (FTC) are reportedly gearing up to unleash their antitrust hounds on Microsoft, OpenAI and Nvidia, according to a Wednesday (June 5) report from The New York Times. These tech behemoths have been driving artificial intelligence (AI) innovation, but...
The CE 100 Index gained 0.6% in a week that saw some continued post-earnings-report momentum and investor enthusiasm for AI-related names. CrowdStrike shares rallied 11.3%, driving the Work segment 2% higher on the week. The company reported earnings results that detailed net new annual recurring...
June 10, 2024
The CE 100 Index gained 0.6% in a week that saw some continued post-earnings-report momentum and investor enthusiasm for AI-related names. CrowdStrike shares rallied 11.3%, driving the Work segment 2% higher on the week. The company reported earnings results that detailed net new annual recurring revenue, at $212 million, up 22% year over year. Total […]
June 05, 2024
For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the potential to transform — and...
May 27, 2024
Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%. All pillars posted declines for the week that ended May 24. Peloton helped bring the “Be Well” pillar down...
April 01, 2024
The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black. Porch Group soared 14%, powering the “Live” pillar 1.7% higher and...
June 12, 2024
The title of “World’s Most Valuable Company” belongs to Apple once again. As of mid-afternoon Wednesday (June 12), the iPhone maker’s market capitalization stood at $3.38 trillion, putting it ahead of Microsoft — $3.29 market cap — for the first time in months. The company’s stock had begun to climb after Apple began the week […]
June 12, 2024
Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s...
June 06, 2024
American regulators are reportedly readying antitrust investigations into three major players in the AI industry. The Justice Department and Federal Trade Commission (FTC) have come to an agreement that lets...
June 05, 2024
Nvidia surpassed the $3 trillion market cap milestone, overtook Apple in market cap and became the second most valuable public U.S. company on Wednesday (June 5). After a 5% rise...
