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In October, the stock prices of the three technology giants fluctuated more than bitcoin.
According to Forbes, the data shows that the volatility of some major technology stocks has exceeded bitcoin, with Tesla's stocks topping the list with a 24% price fluctuation, followed by AMD at 16% and nvidia at 12%, all exceeding the 11% range of bitcoin's volatility.
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Investing 200 billion this year and planning to increase investment next year! The third quarter report reveals the big bets made by the four giants in Silicon Valley on AI.
Microsoft, Meta, Google, and Amazon are expected to reach a record-breaking total capital expenditure of over $200 billion this year, with executives warning of even higher spending next year. They are all trying to convince Wall Street that these massive investments will make their future business more profitable than their current business of selling digital ads, commodities, and software.
Dow Jones is shocked by the reorganization! Nvidia is about to enter splendidly, while Intel exits sadly.
①Nvidia will replace Intel, Sherwin-Williams will replace Dow Inc in the Dow Jones Industrial Average index, effective before the opening on November 8. ②This adjustment aims to ensure higher representativeness of the semiconductor industry and materials industry. Nvidia's inclusion reflects the vigorous development of artificial intelligence and the significant transformation in the semiconductor industry.
Changing times! Nvidia will be included in the Dow Jones Industrial Average, replacing Intel.
On Friday, November 1st, in the post-market trading of US stocks, S&P Dow Jones Indices announced that Nvidia (stock code: NVDA) will be added to the Dow Jones Industrial Average, replacing Intel (code: INTC) as the current chip sector component stock. Another adjustment announced for the Dow index is that Sherwin-Williams Co. (code: SHW) will replace Dow Inc. (code: DOW).
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Apple invests $1.5 billion to increase its stake in satellite communications, resulting in Globalstar's stock skyrocketing nearly 40%.
1. USA low-orbit satellite communication company globalstar received a $1.5 billion investment from Apple, including $0.4 billion in equity acquisition and $1.1 billion in infrastructure prepayment; 2. The funds will be used to purchase new satellites and upgrade ground infrastructure, and globalstar will continue to provide Apple with approximately 85% of satellite internet transmission capacity; 3. The profitability of mobile satellite services is a problem, and Apple's free period for the emergency SOS service has been extended to 2025.
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