Apple is increasingly focusing on building its own devices and expanding its ecosystem by taking steps towards a more native experience for users and relying less on third-party accessories. While the Cupertino-based tech giant's HomePod and AppleTV have left quite the mark in the smart home category, it generally relies more on outsourcing cameras and other hardware for smart homes. Now, a new report suggests that the company intends to create a fully integrated experience by developing its own smart home accessories. Gurman hints about Apple working on making smart home products like security cameras for a more integrated experience […]
We’re continuing our Best of Black Friday posts today with a look at the best current deals on power stations and their respective bundle options. Folks across the country and beyond have been steadily investing more and more in the industry for a vari...
Blizzard has announced that two decades after its release, World of Warcraft is finally going to let players build a home and live in it. The feature has long been requested by WoW players and now it’s finally coming in the game’s next expansion.Read m...
Guild Wars 2: Janthir Wilds will receive the Godspawn update, adding a new 50-player boss battle, a new 10-player raid, and a legendary spear. Guild Wars 2: Janthir Wilds is getting the first major update "Godspawn" on November 19th, expanding the story with new story chapters The MMORPG Guild Wars 2 by ArenaNet is receiving its first major update for the Janthir Wilds expansion soon. It's the first of three major updates, and it'll land on November 19. The update will add new content to the game for the players. The Janthir Wilds expansion DLC was released in August this year, […]
NASA and Boeing have made significant progress with their ground tests for the Starliner spacecraft, currently docked to the International Space Station (ISS). Starliner took off on June 5th, and while the ship was initially expected to spend a week at the station, its return has been delayed because of helium leaks and thruster problems. As part of their process to understand the reasons behind the thruster anomalies, NASA and Boeing ran ground tests in White Sands. Representatives from the agency and the company shared key learnings from the tests in a conference earlier today, which give them confidence in […]
With NVIDIA, the indisputable poster child of the ongoing AI mania, down to its lowest price level in around two months earlier today, skeptics came out of their prolonged slumber to gleefully pronounce that the AI bubble had popped. Yet, the escalating CapEx underpinned by game theory suggests otherwise. "If there was a bubble in the AI and Magnificent 7-part of the market, then last night saw it pop" Steve Clayton, Hargreaves Lansdown. — zerohedge (@zerohedge) July 25, 2024 Following a ~15 percent correction (from a peak of roughly $3.335 trillion in June to $2.820 trillion as of recent data) […]
The Taiwan Semiconductor Manufacturing Company's (TSMC) bid to rapidly increase its chip packaging capacity in the wake of strong demand by the artificial intelligence industry has faced a setback after potential archaeological ruins were discovered at a site for a new plant. TSMC is planning to build two Chip on Wafer on Substrate (CoWoS) packaging plants in Chiayi, Taiwan, and reports on social media quoted in the Taiwanese press share that the National Taiwan University is recruiting trained personnel for archaeological excavations. TSMC plans to build two CoWoS packaging plants in Chiyai, and statements made by the Taiwanese government made […]
Tesla's is aiming to compete with NVIDIA in machine learning through its Dojo supercomputer, according to fresh remarks from Elon Musk. Musk shared the latest bit of details for his firm's AI plans at Tesla's earnings call earlier today after a financial report that missed Wall Street estimates. During the call, he bemoaned the tight supply capacity of NVIDIA's GPUs, which are widely viewed in the industry as the top performers for computing AI workloads. This has led Musk to conclude that Tesla has no choice but to compete with NVIDIA through its own supercomputer. Tesla's Dojo uses its in […]
Even after being chastised by his board, Elon Musk continues to adhere to his penchant of deferring to online polls for monumental decision-making. While this habit does bestow a patina of populous appeal to important decisions, the superficiality of using online polls as the yardstick for defining corporate strategy is usually frowned upon in corporate governance 101, and rightly so. Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors? (Board approval & shareholder vote are needed, so this is just to test the waters) — Elon Musk (@elonmusk) July 24, 2024 Just moments […]
Tesla (NASDAQ: TSLA) has now disclosed its earnings for the second quarter of 2024, managing to post mixed results vis-a-vis the top-line and bottom-line metrics. Tesla (TSLA) Q2 2024 Earnings Tesla has reported $25.5 billion in revenue for the second quarter of 2024, beating consensus expectations of $24.74 billion (Bloomberg's compilation of estimates). Tesla's energy business is finally coming of age, as indicated by the fact that the EV giant deployed 9.4GWh of energy storage products in the second quarter, constituting the highest quarterly deployment yet. The following chart gives a segmental overview of Tesla's top-line metric. Do note that […]
In what substantially bolsters the veracity of the tagline that the GLP-1 anti-obesity drugs constitute one of the most compelling cases of thematic investing this decade, UBS is out today with a fresh investment note that illustrates the scale of this ongoing paradigm shift in how the healthcare industry deals with the persistent obesity pandemic. The GLP-1 hormone suppresses hunger and regulates the production of insulin and glucose. After a meal, this hormone raises the level of insulin, which decreases blood glucose levels, and reduces the rate at which the stomach empties its contents into the small intestine, creating a […]
According to a report in the Taiwanese press, Taiwan's contract chip manufacturer TSMC turned down NVIDIA CEO Jensen Huang's request to set up a dedicated packaging manufacturing line for NVIDIA's products. Along with semiconductor fabrication, chip packaging has become an equally important part of the industry's rush to ship thousands of. AI chips worldwide. However, unlike fabrication capacity, packaging has struggled to meet the elevated demand for chips, making TSMC, the world's largest contract chip manufacturer, dedicate considerable resources towards it. TSMC's latest earnings call also focused on packaging, with the firm choosing to redefine its market to add the […]
In a watershed moment for the entire crypto sphere that signifies the nascent industry's growing heft, spot Ethereum ETFs have finally commenced trading on a number of American exchanges, allowing mom-and-pop investors a convenient avenue to gain exposure to Ethereum - the second most valuable crypto ecosystem after Bitcoin. Back in May, the SEC granted an in-principal approval to a number of spot Ethereum ETFs, including the Grayscale Ethereum Trust, the Bitwise Ethereum ETF, the iShares Ethereum Trust, the VanEck Ethereum Trust, the ARK 21Shares Ethereum ETF, the Invesco Galaxy Ethereum ETF, the Fidelity Ethereum Fund, the Franklin Ethereum ETF. […]
A segment of Wall Street that remains uber-bullish on Tesla typically identifies three critical catalysts to drive the EV giant's future growth: a $25,000 Model 2, the robotaxi, and the Optimus humanoid robot. Today, Elon Musk relayed positive developments vis-à-vis the imminent launch of the Optimus robot, albeit marred by another of his characteristically impish X post that has the potential of sparking a severe backlash in China. Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026 — Elon Musk (@elonmusk) July 22, 2024 […]
After they landed on the Moon 55 years ago today, NASA's Apollo 11 continued on their trailblazing journey of making history by taking a remarkable image of the Earth from the Moon the next day. As part of Apollo 11's mission profile, the three crew were divided two to one, with one left piloting a module in a lunar orbit while the others had a chance to become the first humans to walk on the Moon. After their lunar surface foray was complete, astronauts Neil Armstrong and Buzz Aldrin took off from the Moon's surface in their lunar lander. They […]
SpaceX is moving forward with preparations for Starship flight 5 after having moved out the second stage Starship spacecraft from its processing site on a mobile static fire stand. After the fourth Starship flight last year, which was notable for its forward flap catching fire during reentry, SpaceX decided to replace all of the ship's thousands of heat shield tiles to prepare for the fifth flight. By the looks of it, the ship might be heading for a static fire attempt before the fifth test flight to complete another pre flight test. SpaceX's Starship Flight 5 Likely To Take Place […]
NASA and Boeing have made significant progress with their ground tests for the Starliner spacecraft, currently docked to the International Space Station (ISS). Starliner took off on June 5th, and while the ship was initially expected to spend a week at the station, its return has been delayed because of helium leaks and thruster problems. As part of their process to understand the reasons behind the thruster anomalies, NASA and Boeing ran ground tests in White Sands. Representatives from the agency and the company shared key learnings from the tests in a conference earlier today, which give them confidence in […]
With NVIDIA, the indisputable poster child of the ongoing AI mania, down to its lowest price level in around two months earlier today, skeptics came out of their prolonged slumber to gleefully pronounce that the AI bubble had popped. Yet, the escalating CapEx underpinned by game theory suggests otherwise. "If there was a bubble in the AI and Magnificent 7-part of the market, then last night saw it pop" Steve Clayton, Hargreaves Lansdown. — zerohedge (@zerohedge) July 25, 2024 Following a ~15 percent correction (from a peak of roughly $3.335 trillion in June to $2.820 trillion as of recent data) […]
The Taiwan Semiconductor Manufacturing Company's (TSMC) bid to rapidly increase its chip packaging capacity in the wake of strong demand by the artificial intelligence industry has faced a setback after potential archaeological ruins were discovered at a site for a new plant. TSMC is planning to build two Chip on Wafer on Substrate (CoWoS) packaging plants in Chiayi, Taiwan, and reports on social media quoted in the Taiwanese press share that the National Taiwan University is recruiting trained personnel for archaeological excavations. TSMC plans to build two CoWoS packaging plants in Chiyai, and statements made by the Taiwanese government made […]
Tesla's is aiming to compete with NVIDIA in machine learning through its Dojo supercomputer, according to fresh remarks from Elon Musk. Musk shared the latest bit of details for his firm's AI plans at Tesla's earnings call earlier today after a financial report that missed Wall Street estimates. During the call, he bemoaned the tight supply capacity of NVIDIA's GPUs, which are widely viewed in the industry as the top performers for computing AI workloads. This has led Musk to conclude that Tesla has no choice but to compete with NVIDIA through its own supercomputer. Tesla's Dojo uses its in […]
Even after being chastised by his board, Elon Musk continues to adhere to his penchant of deferring to online polls for monumental decision-making. While this habit does bestow a patina of populous appeal to important decisions, the superficiality of using online polls as the yardstick for defining corporate strategy is usually frowned upon in corporate governance 101, and rightly so. Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors? (Board approval & shareholder vote are needed, so this is just to test the waters) — Elon Musk (@elonmusk) July 24, 2024 Just moments […]
Tesla (NASDAQ: TSLA) has now disclosed its earnings for the second quarter of 2024, managing to post mixed results vis-a-vis the top-line and bottom-line metrics. Tesla (TSLA) Q2 2024 Earnings Tesla has reported $25.5 billion in revenue for the second quarter of 2024, beating consensus expectations of $24.74 billion (Bloomberg's compilation of estimates). Tesla's energy business is finally coming of age, as indicated by the fact that the EV giant deployed 9.4GWh of energy storage products in the second quarter, constituting the highest quarterly deployment yet. The following chart gives a segmental overview of Tesla's top-line metric. Do note that […]
In what substantially bolsters the veracity of the tagline that the GLP-1 anti-obesity drugs constitute one of the most compelling cases of thematic investing this decade, UBS is out today with a fresh investment note that illustrates the scale of this ongoing paradigm shift in how the healthcare industry deals with the persistent obesity pandemic. The GLP-1 hormone suppresses hunger and regulates the production of insulin and glucose. After a meal, this hormone raises the level of insulin, which decreases blood glucose levels, and reduces the rate at which the stomach empties its contents into the small intestine, creating a […]
According to a report in the Taiwanese press, Taiwan's contract chip manufacturer TSMC turned down NVIDIA CEO Jensen Huang's request to set up a dedicated packaging manufacturing line for NVIDIA's products. Along with semiconductor fabrication, chip packaging has become an equally important part of the industry's rush to ship thousands of. AI chips worldwide. However, unlike fabrication capacity, packaging has struggled to meet the elevated demand for chips, making TSMC, the world's largest contract chip manufacturer, dedicate considerable resources towards it. TSMC's latest earnings call also focused on packaging, with the firm choosing to redefine its market to add the […]
In a watershed moment for the entire crypto sphere that signifies the nascent industry's growing heft, spot Ethereum ETFs have finally commenced trading on a number of American exchanges, allowing mom-and-pop investors a convenient avenue to gain exposure to Ethereum - the second most valuable crypto ecosystem after Bitcoin. Back in May, the SEC granted an in-principal approval to a number of spot Ethereum ETFs, including the Grayscale Ethereum Trust, the Bitwise Ethereum ETF, the iShares Ethereum Trust, the VanEck Ethereum Trust, the ARK 21Shares Ethereum ETF, the Invesco Galaxy Ethereum ETF, the Fidelity Ethereum Fund, the Franklin Ethereum ETF. […]
A segment of Wall Street that remains uber-bullish on Tesla typically identifies three critical catalysts to drive the EV giant's future growth: a $25,000 Model 2, the robotaxi, and the Optimus humanoid robot. Today, Elon Musk relayed positive developments vis-à-vis the imminent launch of the Optimus robot, albeit marred by another of his characteristically impish X post that has the potential of sparking a severe backlash in China. Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026 — Elon Musk (@elonmusk) July 22, 2024 […]
After they landed on the Moon 55 years ago today, NASA's Apollo 11 continued on their trailblazing journey of making history by taking a remarkable image of the Earth from the Moon the next day. As part of Apollo 11's mission profile, the three crew were divided two to one, with one left piloting a module in a lunar orbit while the others had a chance to become the first humans to walk on the Moon. After their lunar surface foray was complete, astronauts Neil Armstrong and Buzz Aldrin took off from the Moon's surface in their lunar lander. They […]
SpaceX is moving forward with preparations for Starship flight 5 after having moved out the second stage Starship spacecraft from its processing site on a mobile static fire stand. After the fourth Starship flight last year, which was notable for its forward flap catching fire during reentry, SpaceX decided to replace all of the ship's thousands of heat shield tiles to prepare for the fifth flight. By the looks of it, the ship might be heading for a static fire attempt before the fifth test flight to complete another pre flight test. SpaceX's Starship Flight 5 Likely To Take Place […]