Amazon founder invests in Jim Keller, targeting nvidia.
Recently, Tenstorrent, led by industry renowned figure Jim Keller as CEO, announced the completion of a $0.693 billion Series D financing round led by Samsung Securities and AFW Partners. Following this round of financing, the valuation of this AI chip startup is approximately $2.6 billion.
Amazon (AMZN.US) plans to launch new components to address the power consumption issue of datacenters.
Amazon's cloud computing division is launching components that are said to improve the running efficiency of datacenters, a move that could help alleviate the increasing pressure that power-consuming server farms place on the power grid.
Renowned valuation experts suggest buying the magnificent 7 during market corrections.
A professor from New York University believes that large technology companies in the usa will continue to generate cash / money market and claims to hold "the magnificent seven stocks."
Entering the Christmas month! The Christmas market may continue to drive the U.S. stock market to new highs, with these sectors expected to become the "hottest opportunities"
Historically, in the seven trading days after Christmas, which include the last five trading days of the year and the first two trading days of the next year, investors tend to be more bullish, with a high probability of an uptrend in the U.S. stock market. This seven-day period is known as the 'Santa Claus rally.' Data shows that over the past 70 years, there has been an 80% chance of the S&P 500 index rising during these seven trading days.
The hidden winner in the USA election? Cathie Wood's ARKK hit a new high for the year, all thanks to these heavily weighted stocks!
The strong rise of ARKK is mainly attributed to the increase in its heavy holdings, Tesla, and cryptos-related companies, Coinbase and Robinhood.
Amazon.com's AWS to Implement New Data Center Components in Power, Cooling, Hardware Design