US Stock Futures Steady After Christmas Holiday
Famous Analyst warns: the Technology bubble is approaching a "critical point", be wary of large hedge funds selling off.
Kaplan, the CEO of True Contrarian blog and newsletter, believes that the current technology bubble in U.S. stocks has grown larger... the current bear market may have already begun. He also stated that if stocks like QQQ drop by 20%, those funds worth trillions of dollars will sell off at the same time.
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Apple is intensifying the development of AI Chips, which may completely end the decades-long unpleasant relationship with NVIDIA.
Apple is intensifying the development of its own AI Chip to reduce reliance on third-party developers, which could ultimately lead to the complete end of its already unpleasant cooperation with NVIDIA that has lasted for decades. In November 2020, Apple announced the launch of its self-designed chip M1 specifically for Mac computers, effectively severing ties with Intel. Now, Apple seems to be preparing to reduce its dependence on another third-party developer, NVIDIA. Currently, Apple is still cooperating with NVIDIA to support many features behind Apple Intelligence. However, interestingly, Apple is not
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