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Tech Bull Gene Munster Maintains AI Will Have 'Bigger Impact' On Humanity And Investing Than Internet Even As Nvidia's Market Cap Nosedives Nearly $300B, Dragging Nasdaq By Over 3%
Wednesday, September 4, 2024 - 3:57am | 686Deepwater Asset Management’s managing partner Gene Munster remains bullish on the transformative potential of AI, even as Nvidia Corp.’s (NASDAQ:NVDA) market cap nosedived by nearly $300B, dragging Nasdaq down by over 3%. What Happened: On Tuesday, Munster took to X, formerly Twitter,...
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Tech's AI-Driven Strength Over Dow's Blue Chips Tops Dot-Com Era Peak: Are We In A New Bubble?
Thursday, June 13, 2024 - 4:16pm | 973At the dawn of the 21st century, financial markets were gripped by an unprecedented euphoria surrounding tech stocks. This period, often referred to as the dot-com bubble, saw a meteoric rise in the valuation of companies tied to the burgeoning internet industry. Investors, captivated by the...
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Jim Anderson Says Elon Musk's Starlink Can Bring Cost Down By Building 'An Economic Model That Lets You Launch New Satellites Every 5 Years'
Friday, June 7, 2024 - 10:16am | 603Jim Anderson praised Elon Musk‘s Starlink project engineered by SpaceX, highlighting its potential for impressive advancements due to its economic model. What Happened: During CNBC’s “Last Call” on Thursday, Anderson pointed out that Starlink’s current technology...
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'You Are Still Early:' Bitcoin's Global Adoption Rate Hits 4.7%, Echoes Internet's Early Growth Phase, Says Analyst
Thursday, May 16, 2024 - 4:17am | 608The world's largest digital asset Bitcoin (CRYPTO: BTC) has the same number of users as the Internet had in early 1999, reflecting the cryptocurrency's immense scope for future growth. What Happened: Bitcoin's world adoption hit 4.7%, according to popular cryptocurrency analyst Willy Woo,...
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No More Hidden Internet Fees — FCC Forces ISPs To Show True Costs Like 'Nutrition Labels'
Thursday, April 11, 2024 - 1:29am | 692The Federal Communications Commission (FCC) has now mandated Internet Service Providers (ISPs) to display ‘nutrition labels’ for their broadband plans. What Happened: The FCC’s nearly eight-year-long battle has come to an end. From today, all but the smallest ISPs must publish...
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Alphabet Is Reportedly Eyeing External Funding For GFiber Internet Expansion
Tuesday, February 6, 2024 - 4:09am | 683In a recent development, Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) is reportedly seeking external investment for its GFiber internet business. What Happened: Alphabet aims to accelerate the growth of GFiber, a provider of Wi-Fi and internet services in certain U.S. regions. GFiber, a subsidiary of...
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Bill Gates Acknowledges Underestimating The Internet's Role In Connecting 'Critical Mass Of Crazy People': 'Really Thought That The World Would Get More Rational'
Friday, December 8, 2023 - 6:31am | 625In a surprising revelation, Microsoft (NASDAQ:MSFT) co-founder Bill Gates admitted that he underestimated the internet’s ability to propagate misinformation and false beliefs. What Happened: In a fireside chat on Dec. 7. 2023, as reported by Business Insider, Gates...
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Google Reportedly Plans An Internet Detox For Employees To Bolster Cyber Defenses
Wednesday, July 19, 2023 - 5:25am | 476To bolster its cybersecurity measures, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has reportedly embarked on an internet detox mission for select employees. What Happened: Google has initiated a pilot program where certain employees will be restricted...
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Biden's $42B Internet Initiative: Which Among 19 States Receiving Over $1B Gets The Most?
Tuesday, June 27, 2023 - 4:16pm | 461President Joe Biden’s administration announced that it would be distributing $42 billion throughout the 50 states as part of an initiative to bring high-speed internet access to every single American household by 2030. The funds were already set aside by Congress as part of the Bipartisan...
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Bill Gates Predicted Netflix And Facebook in a 1994 Playboy Interview – More Than a Decade Before Either Was Created
Wednesday, June 21, 2023 - 7:00am | 1048In 1994, Microsoft Corp. Co-Founder Bill Gates experienced some significant milestones in his career. See Next: New Battery Beats Tesla's Lithium-Ion By A Mile With 50% Cheaper Price Tag, 99% Recyclable and Three Times Longer Lifespan As a newly married billionaire, Gates claimed the top spot on...
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Unplugging In The Digital Age: Why 77% Of Adults Secretly Yearn For Simpler Times
Thursday, June 15, 2023 - 5:48am | 590Amidst the ever-advancing digital age, a new survey suggests that an overwhelming 77% of adults aged 35-54 harbor a profound yearning to escape the clutches of screens and social media, wistfully longing for the simplicity of an unplugged past. What Happened: Unsurprisingly, those who vividly...
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Here Are The Best-Performing Industry ETFs And Major Stock Contributors In April
Sunday, April 30, 2023 - 10:01am | 735It's a good time to look at how the major U.S. stock industry ETFs performed this month, as April comes to an end. In April, we saw the broader U.S. stock market, as represented by the SPDR S&P 500 ETF (ARCA: SPY), rising about 1.3% during the month, but notable...
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Mark Cuban Reveals Which Tech Will Have 'Bigger Impact On The World:' AI Vs. Blockchain Vs. Internet
Monday, March 27, 2023 - 8:04am | 650Billionaire entrepreneur and investor Mark Cuban shared his thoughts on technology that will have a “bigger impact on the world,” and it includes artificial intelligence, or AI, blockchain and the internet. What Happened: Cuban, the Dallas Mavericks owner, was replying on a...
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Land, Sea And Air: Elon Musk's Starlink Teams Up With Major RV Manufacturer To Provide Internet In Remote Locations
Monday, January 23, 2023 - 5:58pm | 722The world’s largest manufacturer of RVs is partnering with Starlink to bring internet connectivity to more people as they travel to remote locations. Here’s a look at the latest from Starlink and how the unit of Elon Musk’s SpaceX is disrupting land, sea and air. What Happened:...
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The Internet is Now So Centralized That One Company Can Break It
Monday, August 29, 2022 - 10:22am | 1678We are now at a point where the Internet has become so centralized that a single company can bring it to its knees. What began as a military communication system 53 years ago and evolved into a fundamental human right is now so connected to everything that any fallibility could wreak havoc and...