This week was filled with massive information within the tech and monetary world. From Elon Musk’s feedback on social media to Nvidia’s spectacular market cap, there was no scarcity of headlines to maintain up with. In case you missed it, right here’s a fast spherical-up of essentially the most vital tales that made waves over the weekend.
Elon Musk Reacts to Nvidia’s Soaring Market Cap
Elon Musk had a jaw-dropping response to Nvidia Corp.’s NVDA market cap, which has now surpassed the complete German inventory market and the GDPs of 96% of the world’s nations. Musk’s easy but highly effective response was “Wow.” This milestone highlights Nvidia’s dominance within the tech business, significantly in AI and graphics processing. Read the full article here.
‘Large Brief’ Investor’s AI Picks
Michael Burry, identified for his function in “The Large Brief,” has recognized Nvidia and Advanced Micro Devices AMD as prime AI funding alternatives. Nonetheless, he additionally sees Apple Inc. AAPL as a “hidden” participant within the AI house. Burry’s insights are attracting consideration from buyers trying to capitalize on the AI increase. Read the full article here.
See Additionally: Elon Musk, Who Acquired Twitter For $44B, Says Social Media Is Bad For Kids: ‘They’re Being Programmed By A Dopamine-Maximizing AI’
Elon Musk on Social Media’s Impression on Children
Musk, who acquired Twitter for $44 billion, has expressed considerations about social media’s results on kids. He believes that children are being “programmed by a dopamine-maximizing AI,” elevating questions in regards to the moral implications of social media algorithms. Musk’s feedback have sparked a broader dialog in regards to the function of expertise in younger folks’s lives. Read the full article here.
Elon Musk Advocates for Linux
In a stunning transfer, Musk urged that customers ought to swap their desktops to Linux. This got here as Satya Nadella promoted Microsoft Corp.’s MSFT new Home windows AI function, “Recall,” which boasts a photographic reminiscence. Musk’s endorsement of Linux has reignited the controversy over the perfect working methods for private use. Read the full article here.
Nvidia’s Strong Q1 Efficiency
Nvidia reported a stellar Q1 efficiency, beating expectations and saying a 150% dividend enhance together with a ten-for-1 inventory break up. This information has additional solidified Nvidia’s place as a frontrunner within the tech business, significantly in AI and graphics processing. Traders are eagerly watching how these modifications will influence Nvidia’s inventory within the coming months. Read the full article here.
Learn Subsequent: Trump’s Truth Social Reportedly Sees Sharp Drop In US User Base Despite Aggressive Media Push
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This story was generated utilizing Benzinga Neuro and edited by Rounak Jain
Elon Musk Reacts To Nvidia’s Soaring Market Cap, ‘Large Brief’ Michael Burry’s AI Picks And Nvidia’s Strong Q1: This Week In AI – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD) www.benzinga.com 2024-05-26 16:20:48
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