Business

Nvidia Stock Prediction | Image Credit: medium.com Facts to Know Goldman raises the price objective for NVDA to $800. Just under $700 marks the new all-time high for Nvidia's shares. Monday's ISM Services PMI is hot, which lessens the likelihood of a March rate drop. Goldman increases Nvidia's projected earnings for 2025 and 2026 by +20%. After hours, Nvidia's (NVDA) stock continues to set new highs. The preferred growth stock had a 0.5% increase in shares on Monday following the market, reaching a new high of $696.74. On Monday, Nvidia's stock surprised the market by going on the attack in response to a widespread sell-off in the market. In the morning's regular session, NVDA shares hit a new all-time high of $694.97 following a 29% increase in a Goldman Sachs analy...

Microsoft Azure Growth to Slow, Fueling Cloud Computing Concerns | Image Credit: datacenterknowledge.com Key Facts Microsoft outperformed on both the top and bottom lines due to stronger-than-expected Azure cloud growth. The software manufacturer closed its largest-ever purchase during the quarter when it acquired Activision Blizzard, a publisher of video games. Tuesday's extended trading saw a 2% decrease in Microsoft shares as the software company reported fiscal second-quarter earnings that above analysts' projections and provided a cautious prognosis for quarterly sales. Here's how the business fared in comparison to the consensus of analysts surveyed by LSEG (Refinitiv): Earnings per share: $2.93 compared to the estimated $2.78 per share Revenue: $62.02 billion...

Planning alliance between Google and Character AI | Image Credit: martechseries.com There are reports that Google, a division of Alphabet Inc., is in advanced talks to invest hundreds of millions of dollars in Character.AI, a startup developing chatbot using artificial intelligence. Reuters claims that this investment has the potential to greatly increase Character.AI's capacity to improve AI model training and satisfy rising consumer demand. Strengthening a current alliance Morality.Tensor Processing Units and Google cloud services are already used by AI for model training. This alliance is expected to be further strengthened by the proposed investment, which might take the form of convertible notes. But Google and Character, too.Requests for comment on these talks have not recei...

Microsoft Teams down globally | Image Credit: globalnews.ca A large number of the Teams features impacted by this event have either completely recovered or undergone dramatic enhancements. We are keeping a close eye on the workstreams and remedies to handle any potential impact scenarios that may still be related to this incident. Was it a happy outage during which you could unwind, or did anything vital to the objective go wrong? In any case, according to status updates from Microsoft's official account, "a fraction" of Microsoft Teams was unavailable on Friday for more than eight hours, with outages occurring in Europe, the Middle East, Africa, North America, and South America. Microsoft tweeted at 8:17 p.m. ET on Friday to let people know that although the worst is passed, the ...