Tag: Blog
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On Monday, December 9th 2024, the Chinese government said the State Administration for Market Regulation has opened a investigation into Nvidia’s acquisition of Mellanox and some of the deals that Nvidia made in that purchase. Nvidia acquired Mellanox Technologies in 2020, that deal needed to be cleared by Chinese antitrust regulators because both of these companies have a lot of operation in China. South China Morning Post has announced that NVIDIA could lose 1 billion dollars because of…
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Growth November through December 8th, Sound hound AI went up approximately 192.02%. On December 6th Soundhound AI stock went up 12.60% bringing the stock price to $15.01. The most likely reason for Soundhound AI’s stock going up is because of the recent Nvidia partnership. NVDIA bought $3.7 million or 0.6% of Soundhound. The Revenue for…
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Dell Recent News and Earnings Photo credits Today, November 26 2024 Dell Technology’s earnings came out, the net income earnings for this quarter is 12.52% up which is $1.13 billion in addition to that revenue is up 9.51% which is $24.37 billion dollars. Dell’s sales were expected to jump 10.3%, reaching $24.53 billion in sales…
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Income and Revenue Disney’s theme parks have posted their profit for the 2024 fiscal year which ended September 28, 2024. Disney’s revenue for entertainment, sports, and experiences increased by 1%, 3%, and 5% respectively according to the Walt Disney Company annual 10-K report dated November 14, 2024. This brings the total revenue up to $41.18,…