News Archives - Page 8 of 9 - TrillionDollarClub

WednesdayFeb 12, 2025 10:15 am

TrillionDollarBreaks – NVIDIA Corp. (NASDAQ: NVDA) Faces Market Volatility Amid DeepSeek Concerns

NVIDIA (NASDAQ: NVDA) shares experienced a significant decline, dropping 17% in a single day and erasing approximately $590 billion from the company's market capitalization. This downturn is attributed to concerns surrounding Chinese AI startup DeepSeek, which has developed a competing AI chip that could challenge NVIDIA's dominance in the market. As of February 12, 2025, NVIDIA's stock is trading at $132.80, down 0.56% from the previous close. To view the full article, visit https://ibn.fm/Cap0f About NVIDIA Corporation NVIDIA Corporation is a global technology company headquartered in Santa Clara, California. Founded in 1993, NVIDIA is renowned for its graphics processing units…

WednesdayFeb 12, 2025 9:35 am

TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Expands AI Investment With AWS Driving Monetization

Amazon.com (NASDAQ: AMZN) is significantly enhancing its artificial intelligence (AI) capabilities, with Amazon Web Services (AWS) serving as a primary monetization driver. The company plans to invest approximately $100 billion in AI-related capital expenditures this year, focusing on AWS's cloud infrastructure to support the growing demand for generative AI technologies. CEO Andy Jassy emphasized AI's pivotal role in business technology advancement, likening it to the internet's impact. As of Feb. 12, 2025, Amazon's stock is trading at $232.76, reflecting a slight decrease of 0.15% from the previous close. To view the full article, visit https://ibn.fm/hwr7T About Amazon.com Inc. Amazon.com Inc.…

TuesdayFeb 11, 2025 11:45 am

TrillionDollarBreaks – Apple Inc. (NASDAQ: AAPL) teams up with Alibaba (NYSE: BABA) to develop AI for China, eyes iPhone growth

Apple (NASDAQ:AAPL) has partnered with Alibaba Group Holding Ltd. (NYSE: BABA) to integrate artificial intelligence into its devices in China, aiming to boost iPhone sales in the region. The collaboration follows Apple’s evaluations of various Chinese AI providers, ultimately selecting Alibaba to co-develop AI features that have been submitted for regulatory approval. This move aligns with Apple’s strategy to strengthen its position in China’s competitive smartphone market. As of Feb. 11, Apple stock is trading at $231.87, up 1.85%, while Alibaba shares have risen 2.11% to $113.67. To view the full article, visit https://ibn.fm/jUQlp About Apple Inc. Apple Inc. designs, manufactures, and…

TuesdayFeb 11, 2025 9:10 am

TrillionDollarBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Target Cut as Analyst Cites CEO’s Political Risks

Tesla (NASDAQ: TSLA) saw its price target reduced from $492 to $474 by Stifel analyst Stephen Gengaro, who maintained a “Buy” rating despite concerns over CEO Elon Musk’s political activities. Gengaro noted that while Tesla’s long-term vision includes a lower-priced vehicle and advancements in autonomous driving and robotics, consumer sentiment and sales could be impacted by Musk’s increasing political involvement. As of the latest trading session, Tesla’s stock closed at $350.73, marking a 3% decline for the day. Over the past week, the stock has dropped approximately 10%. To view the full article, visit https://ibn.fm/A4hgD About Tesla Tesla, Inc. is an American…

MondayFeb 10, 2025 2:43 pm

TrillionDollarBreaks – Microsoft Corp. (NASDAQ: MSFT) to Purchase Power from EDP Renewables’ Solar Projects

Microsoft (NASDAQ: MSFT) has entered into agreements to acquire nearly 400 megawatts (MW) of electricity from three new utility-scale solar projects developed by EDP Renewables in Illinois and Texas. This move aligns with Microsoft's commitment to sourcing renewable energy and reducing its carbon footprint. As of February 10, 2025, Microsoft Corporation's (NASDAQ:MSFT) stock is trading at $414.38, up $4.63 (1.13%) from the previous close. The day's range has been between $411.56 and $414.47, with an opening price of $413.80. To view the full article, visit https://ibn.fm/AaXLA About Microsoft Corporation Microsoft (NASDAQ:MSFT) is a leading global technology company that develops, licenses,…

MondayFeb 10, 2025 1:20 pm

TrillionDollarBreaks – Apple Inc. (NASDAQ: AAPL) Eyes Future Growth Beyond Q1 Results

Apple (NASDAQ: AAPL) reported record revenue of $124.3 billion in Q1 2025, driven by a 14% increase in services revenue, which helped offset a 0.8% decline in iPhone sales attributed to a weaker Chinese market. Looking ahead, the company plans to launch the iPhone SE 4, explore a potential flip phone, and develop advanced wearable technologies. Apple’s strategic focus on AI integration and expansion into emerging markets is expected to drive future growth. As of 8:26 a.m. EST on Feb. 10, 2025, Apple shares were trading at $227.63, down 0.02% from the previous close. To view the full article, visit…

MondayFeb 10, 2025 12:05 pm

TrillionDollarBreaks – Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) Portfolio Highlights Top Holdings

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has maintained significant positions in Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), and American Express (NYSE: AXP), reflecting Warren Buffett's strategic focus on technology and financial sectors. The latest portfolio update underscores the company's disciplined investment approach and long-term value philosophy. As of Feb. 10, 2025, Berkshire Hathaway Inc.'s Class A shares (NYSE:B RK.A) are trading at $707,875.02, down $1,027.72 (0.15%) from the previous close. The day's range has been between $706,264.68 and $709,175.00, with an opening price of $711,180.42. To view the full article, visit https://ibn.fm/ZiasR About Berkshire Hathaway Inc. Berkshire Hathaway…

MondayFeb 10, 2025 12:02 pm

TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Plans Over $100 Billion in Capital Expenditures for 2025

Amazon.com (NASDAQ: AMZN) announced plans to invest more than $100 billion in capital expenditures for 2025, with the majority allocated to artificial intelligence (AI) initiatives within its Amazon Web Services (AWS) division. This significant investment underscores Amazon's commitment to AI, which CEO Andy Jassy described as "the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business since the internet." As of February 7, 2025, Amazon's stock is trading at $238.83, reflecting an increase of $2.58 (0.01%) from the previous close. The day's trading range has been between $229.70 and $233.00, with an opening price of…

MondayFeb 10, 2025 10:50 am

TrillionDollarBreaks – Meta Platforms Inc. (NASDAQ: META) to Cut Workforce While Accelerating AI Hiring

Meta Platforms (NASDAQ: META) the parent company of Facebook, is set to begin company-wide layoffs on Feb. 10, 2025, while fast-tracking the recruitment of machine learning engineers, according to internal memos cited by Reuters. The cuts, which aim to eliminate the bottom 5% of employees, could impact around 3,600 positions from Meta’s 72,000-strong workforce as of September 2024. While layoffs will affect most countries, employees in Germany, France, Italy, and the Netherlands will be exempt due to local regulations. Despite the reductions, Meta is prioritizing investments in artificial intelligence, allocating billions of dollars to AI-related infrastructure. As of Feb. 10,…

MondayFeb 10, 2025 9:25 am

TrillionDollarBreaks – NVIDIA Corp. (NASDAQ: NVDA) Stock Rebounds Amid AI Investments and TSMC’s Growth

NVIDIA (NASDAQ: NVDA) stock is recovering from a recent downturn caused by competition from China's DeepSeek. The rebound is supported by significant capital expenditure commitments from tech giants like Amazon, Google, Microsoft, and Meta Platforms, focusing on AI infrastructure. Additionally, a French project led by FluidStack plans to build a nuclear-powered AI computing facility, potentially housing a substantial number of Nvidia chips. Nvidia's key supplier, Taiwan Semiconductor Manufacturing (NYSE: TSM), reported a 36% year-over-year revenue increase for January, despite anticipating lower first-quarter revenue due to recent earthquake-related production disruptions. TSMC aims to double its advanced chip-packaging capacity by 2025, essential…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000

Breaks Categories: News