AI PC is a computer with generative AI capabilities that can use AI to enhance or improve its performance. This type of computer allows users to use AI directly on the device without relying on AI applications running on the cloud.
A trader made a profit of $6.5 million in one day by 'precisely short selling' Nvidia, and then allegedly locked in the profit.
Nvidia fell into a technical adjustment zone in just one day. Earlier on Tuesday, 0.06 million put spread options contracts with a strike price of 119/115 US dollars were purchased, with a total cost of approximately 1.23 million US dollars. On Wednesday's early trading session in the US stock market, about 58,000 of the same CFDs contracts were traded at once, priced at approximately 7.83 million US dollars. Market participants said the trade seems to be a closing position. If it is the same trader, the total profit is over 6.5 million US dollars.
The Table Turns: Five Sessions of Falling AI Semiconductors While Dow Climbs
The market pulled back Wednesday, as AI and semiconductor stocks pulled back hard while slower-growing stocks on the Dow Jones led the index to a fresh closing and intraday high.
Discover Xbox's Deadpool-Inspired 'Cheeky Controller' And How To Get It
Microsoft Corp. (NASDAQ:MSFT) has unveiled a new Xbox controller inspired by none other than Deadpool himself. The announcement, made via Xbox Wire, introduces the "Cheeky Controller," a striking
AI Infrastructure CEO Says Customers Are Showing 'Relentless' Demand For Nvidia Chips And Nvidia Chips Only: 'They Do Not Want The Other Stuff'
Nvidia Corp (NASDAQ:NVDA)-backed AI infrastructure startup CoreWeave is making waves in the AI market as one of the main providers of Nvidia's AI chips. The GPU cloud provider actually offers
CFRA Maintains Buy on Apple, Raises Price Target to $260
CFRA analyst Angelo Zino maintains Apple (NASDAQ:AAPL) with a Buy and raises the price target from $240 to $260.
Apple Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/17/2024 13.56% CFRA $240 → $260 Maintains Buy 07/15/2024 31.03% Loop Capital $170 → $300 Upgrades