Analysts at Rosenblatt predict that Qualcomm’s (NASDAQ:QCOM) Snapdragon suite of integrated circuit semiconductor products for mobile devices will emerge as a dominant force in the upcoming era of artificial intelligence-focused computing platforms. In a client...
According to Bloomberg News, Reddit is seeking to raise up to $748 million in its upcoming public debut. The company plans to offer 22 million shares priced between $31 and $34 each, potentially valuing the internet business at over $7 billion. As part of its IPO...
US Stocks Surge to Record Highs Amid Powell Testimony and Rate Cut Speculation US stocks surged on Thursday, propelled by the S&P 500 (^GSPC) reaching an unprecedented peak, maintaining an optimistic stance amidst the second day of Federal Reserve Chair Jerome...
AI Chip Revenue Projections Send Broadcom Stock on Rollercoaster Ride Broadcom projected a robust $10 billion in revenue from AI-related chips this year, yet its stock stumbled as the company’s full-year outlook didn’t excite investors. Marvell Technology,...
