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Seeking AlphaDec 15 10:35 ET

Apple Developing a Foldable IPad: Report

Seeking AlphaDec 15 09:24 ET

Apple Plans Thinner, Foldable IPhones to Revive Growth -- WSJ

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Meta Asks California's Attorney General to Stop OpenAi Conversion to For-profit Company: Report

Seeking AlphaDec 14 10:10 ET

Why the Stock Market Could Gain Another 20% in 2025

Barron'sDec 13 22:58 ET

Broadcom's Market Cap has surpassed 1 trillion dollars for the first time, with strong sales in AI products.

Broadcom, which supplies chips to Apple and other large Technology companies, saw its stock price soar after predicting a significant increase in demand for its AI chips, with its Market Cap surpassing 1 trillion dollars for the first time. During a conference call following the Earnings Reports, the company stated that sales of AI products in the first fiscal quarter are expected to grow by 65%, far exceeding its overall Semiconductors growth rate of about 10%. This chip manufacturer also predicted that by the 2027 fiscal year, the potential market space for AI components designed for Datacenter operators could reach up to 90 billion dollars. Like NVIDIA, Broadcom positions itself as a major beneficiary of the AI spending spree. The company's CEO stated...

Global Market BroadcastDec 13 21:47 ET