AMD strengthens its position in AI with $4.9 billion acquisition of ZT Systems
- Acquisition of ZT Systems: $AMD announced the acquisition of ZT Systems for $4.9 billion, strengthening its position in artificial intelligence and data center infrastructure.
- Competitive Advantage: This acquisition will enable $AMD to better compete with Nvidia, which dominates the AI and data... Read more
AMD is awesome and in my opinion now sells for a much better price than Nvidia. The latter may be king, but the 2s, 3s and others on the market are still pretty good. I like what they are doing.
How to build a geopolitical risk-proof portfolio? UBS recommends 3 strategies
1. Diversification: Spread your investments across different asset classes, regions and sectors to effectively manage short-term risks while increasing long-term wealth. Diversification helps minimize the impact of geopolitical shocks on your portfolio.
2. Hedge Funds: Consider investing in hedge funds... Read more
- Significant revenue growth: Lenovo reported a 20% year-over-year increase in revenue to $15.4 billion for the first quarter of fiscal year 2024/2025.
- Artificial Intelligence Computing: Positive reception of Lenovo's first AI computers, launched in May 2024, contributed to growth. The company plans another global launch later this year.
The index is recovering very quickly, probably as expected. It was just a quick flash that needs to be redeemed. It can still go down, but always in waves.
The drop in sales is quite significant, but profits are up, so management is working as it should :) I don't know what prices they had during the year, if it wasn't that.
I, as a proud Apple sheep😂was pretty excited about all the announcements with Apple Intelligence. If they can launch it quickly, it will be great. at the moment, it looks like some of the major features that have been introduced won't come until the end of the year. I think the market reaction after WWDC spoke volumes. If any company has to create the most useful assistant on a phone, it's Apple because of its size and because of the integration.
I closed an open short on $TSLA on Monday. Then on Tuesday I traded only the indices($QQQ and $SPY ) intraday. I am not holding anything at the moment and waiting, but I am watching the market intraday.
The reaction was probably proportional to what the results were, but today the negative reaction is doubling :) It's not an open market yet, but still.
AMD is awesome and in my opinion now sells for a much better price than Nvidia. The latter may be king, but the 2s, 3s and others on the market are still pretty good. I like what they are doing.