The EU is set to charge Meta (NASDAQ: META) with breaching digital regulations over a controversial data tracking model. This follows recent accusations against Apple (NASDAQ: AAPL) under the Digital Markets Act. Stock traders should monitor the market impact on both tech giants.
**Meta May Block News on Facebook in Australia Over Licensing Fees**
Meta is considering blocking news sharing on Facebook in Australia if the government enforces licensing fees for news content. This echoes Meta's past moves in Canada and could impact Australian media revenue and Meta’s complia...
Paul Wick of Seligman Investments trims Nvidia (NVDA) stake, citing growth concerns. Nvidia, reliant on top 10 clients for 60-70% revenue, draws parallels with dot-com era Cisco. Despite AI-driven surge, long-term sustainability questioned. Keep Nvidia on watch.
Goldman Sachs raises its year-end target for the S&P 500 to 5600, driven by strong earnings from mega-cap tech stocks like Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA). The S&P 500 has gained 15% YTD, fueled by AI growth.
Samsung Electronics' Jay Y. Lee recently engaged with key executives from Meta, Amazon, and Qualcomm, discussing collaboration on AI, cloud computing, and semiconductor technology. These strategic alliances signal Samsung's drive to dominate the semiconductor sector and emerging tech markets.
Nvidia (NASDAQ: NVDA) hits a historic high, surpassing $3 trillion in valuation and overtaking Apple as the world's second most valuable company. Its 147% surge in 2024, driven by AI chip demand, is further fueled by an upcoming ten-for-one stock split.
NOYB urges European regulators to halt Meta's use of personal data for AI training, citing privacy breaches. Meta insists on compliance, paralleling other tech firms like Google. Regulatory scrutiny and potential legal repercussions could affect Meta stock performance. Stay updated on these devel...
"Tech giants like Microsoft (MSFT) and Apple (AAPL) dominate today’s market with valuations of $3.2T and $2.9T, respectively. Broadcom (AVGO) is a rising star, set to potentially reach a $1T market cap by 2028, driven by its robust AI capabilities and rapid revenue growth."
In an exclusive interview with Yahoo Finance, Nvidia (NASDAQ: NVDA) CEO Jensen Huang highlighted the intense demand for the company's AI chips and the ongoing supply challenges.
Hedge funds have significantly increased their exposure to Nvidia, driven by the AI boom, while reducing stakes in AMD. This shift highlights the growing confidence in Nvidia's market leadership.
Arista Networks outpaced Q1 earnings and revenue expectations and announced a new $1.2 billion stock buyback. Shares rose 7% in extended trading as the company provided guidance slightly above Wall Street forecasts.
Despite recent rebounds, JPMorgan cautions that the stock market may face additional declines, driven by enduring inflation, high equity valuations, and shifting expectations regarding Federal Reserve rate cuts.
Apple Inc. has removed several major social media applications, including WhatsApp and Threads by Meta Platforms Inc., from its Chinese app store in compliance with directives from the Chinese government, citing national security concerns.
In a dynamic week for the stock market, the Dow Jones and S&P 500 reached record highs, while tech leaders like Nvidia (NVDA) saw adjustments. Investors await the impact of PCE inflation data and upcoming EV makers' reports.
