AI stocks take a kicking
Tech investors run scared after MIT says most AI projects are useless
Tech investors got spooked on Tuesday after the Massachusetts Institute of Technology suggested most AI projects were about as useful as a chocolate teapot.
AMD’s AI chip hype falls flat
Santa Clara outfit fails to impress investors with sluggish data centre gains
AMD fluffed its lines again in the AI chip race, posting second-quarter data centre revenue that barely moved the needle despite the market frenzy around artificial intelligence.
Insiders cash in big as Nvidia hits record highs
Share and share alike
Nvidia insiders have been cashing in their stocks and flogged off more than a $1 billion worth in the past year.
Intel’s shares fall on the back of Arrow Lake disaster
Chipzilla can’t get a break
Chipzilla’s share price took a significant hit today, dropping nearly 4.5 per cent as the Cocane Nose Jobs of Wall Street decided that the company’s Arrow Lake launch was a damp squib.
IBM shares fall on mixed results
Propped up by Red Hat
Biggish Blue shares dropped more than six per cent yesterday as the cocaine nose jobs of Wall Street were worried about the outfit’s mixed earnings report for the third quarter.
Apple shares hit rock bottom as investors lose faith
Mimicking Microsoft under Steve Ballmer
Apple's share price has fallen for the last few weeks. Today, it hit a low for the year, closing at €156.86.
AMD sees falling share prices
Falling PC demand and luke-warm relations between US and China to blame
The cocaine nose jobs of Wall Street have been pummelling AMD and bought the companies shares, but its CEO claims that things are probably not as bad as they seem.
Apple shares tank as world realises iPhone X will be late
iPhone 8 will be all there is until next year
Shares in the fruity cargo cult Apple are suffering after a disappointing iPhone 8 launch and a sudden realisation from Wall Street that what Fudzilla has been saying for ages – the iPhone X will be late – is true.
Big five tech companies gutted in Black Friday
Lost $97.5 billion in market value
The big five technology firms - Apple , Google, Microsoft , Facebook and Amazon - lost more than $97.5 billion in market value, sending Wall Street into a bit of a panic.
Microsoft is worth $500 billion
Nadella’s turnaround is working while Cook's is not
While the reign of the shy and retiring Steve “I never threw a chair at anyone” Ballmer was one of the best times for Microsoft news, the company has been having a bit of snooze for ages.