The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...
Read More »Stocks of Chipmaking Companies Emerge as Top Performers of the Decade
Over the last decade, specifically after the 2008 global economic recession, chipmakers have emerged as the best performing industry across sectors and regions. The latest industry report shows that the chipmaking industry witnessed a 377% growth in the last 10 years. This is double the growth of the S&P 500 during the same period.This shows that the semiconductor industry remains at the core of this rapidly changing technology. Despite new technologies like AI, blockchain, ML, and others...
Read More »Intel Invests $2 Billion to Acquire AI Chip Startup Habana Labs
On December 16, Intel announced that it had acquired Habana Labs in a clear indication that it aims to venture deep into the AI chip market. Habana is an Israel-based developer of programmable AI and machine learning accelerators that are used for cloud datacenters. Analysts estimate that this deal is worth about $2 billion.Intel further stated that it will enhance its AI strategy as Habana starts sampling its proprietary silicon to customers. Last November, Habana raised $75 million in...
Read More »Qualcomm Incorporated Stock Turns Heads as It Makes One-Day 2.65% Jump
Shareholders of Qualcomm Incorporated (QCOM) stock are definitely happy and smiling to the bank as shares have risen impressively. The company which creates and engineers wireless technology and processing chips for smartphones was one of the most notable jumpers on the S&P 500 yesterday on December 4, as it rose by $2.65% to hit $82.08.In response to the rise, ratings for QCOM were changed to reflect its new status. The rating on Mizuho was promoted to “Buy” from the previous “Neutral”...
Read More »Blockchain Accelerator Tribe Backed by Singaporean Government Raises $16M for Startups
Tribe Accelerator, that is a blockchain accelerator backed by the Singaporean government, has raised 25 million Singaporean dollars which is roughly about $16 million for startups that are presented on its platform. Sources indicate that the accelerator revealed this in a press release yesterday and that about $28 million in total has been raised so far for startups that employ blockchain technology to revolve issues that the world currently faces. The accelerator further revealed that the...
Read More »Despite Current Flat Stocks Trading, 2020 will See ‘Great Rotation’, Says JP Morgan
On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...
Read More »Dow Jones Industrial Average Climbs above $28000 in New Milestone but Bitcoin Disappoints
Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two economic powerhouses.On Friday, November 15, Dow Jones’s 30-stock average climbed 222.93 points at 28,004. In just the last four months, the Dow Jones price index has surged by 1000 points....
Read More »Privacy Centric Crypto-Powered Brave Browser Hits 8 Million Active Users Monthly
The cryptocurrency-browser privacy-focused web browser Brave has recently attained a new milestone reaching 8 million monthly active users. Brave, with its powerful vision, aims to revolutionize the online browsing and advertising experience for its users.Now 8 million monthly active users for Brave, & nearly 400 privacy-preserving ad campaigns (with a stellar 14% click-through rate, compared to 2% industry average)! Thank you to all our users and partners as we expand our platform for a...
Read More »Apple’s ‘Key Growth Driver’ will Be New $399 iPhone SE2, Says Ming-Chi Kuo
In a new search report, famous Apple analyst Ming-Chi Kuo of TF Securities predicted exactly which new specifics the “iPhone SE 2” will have.Precisely, he noted the smartphone will have the A13 processor, same as in iPhone 11 and of which he has spoken about before. Also, Kuo said the phone will be available in versions with 64GB and 128GB capacities, including 3GB of application RAM.He said that there could be three finishes, including Space Gray, Silver, and Red. There will be no more 3D...
Read More »Microsoft und Intel wollen Teamarbeit mit Ethereum Token fördern
Zwischen Dienstag und Freitag dieser Woche ist es wieder so weit: Die Ethereum (ETH)-Entwicklerkonferenz Devcon findet zum fünften Mal statt und beehrt diesmal das japanische Osaka. Mit dabei ist die Enterprise Ethereum Alliance (EEA). Darunter verbergen sich Größen wie Microsoft und Fujitsu, die ein ehrgeiziges Ziel verfolgen: Unternehmen sollen mehr Ethereum nutzen, indem die EEA dafür Standards...
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