Technology - Wealth Partners News

Analyst reboots Rocket Lab stock price target after earnings

Here's what could happen next to Rocket Lab's stock. more

Rob Lenihan (via TheStreet) | 5/10/24

TV’s “Mythbusters” Reveal Secret to Nvidia’s AI Dominance

Nvidia's AI dominance stems from one crucial project: a Mythbusters demo to compare its GPUs with the CPUs that power most computers. more

Adam O'Dell (via Banyan Hill Publishing) | 5/10/24

Nissan dealers aren't buying into a desperate plan to move cars

Dealers are trying to move cars, but aren't into selling at a loss. more

James Ochoa (via TheStreet) | 5/10/24

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

Perpetual futures markets price the fully diluted value of the token at around $15 billion. more

Sam Kessler (via CoinDesk) | 5/10/24

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure. more

Margaux Nijkerk (via CoinDesk) | 5/10/24

Flying your dog into the US just got a lot harder

The CDC said the changes are necessary to “protect the health and safety of people and animals.” more

Veronika Bondarenko (via TheStreet) | 5/10/24

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

The hearing is the latest legal action to examine whether Apple is illegally stifling competition. more

The Associated Press (via New Orleans CityBusiness) | 5/10/24

Nvidia shares get boost from key supplier ahead of earnings

Investors are keying on Nvidia's first-quarter earnings, slated for May 22, to round out the Magnificent 7 reporting season. more

Martin Baccardax (via TheStreet) | 5/10/24

Cathie Wood goes bargain hunting in beat-down tech stocks

Her flagship ETF has slumped 16% year to date. more

Dan Weil (via TheStreet) | 5/9/24

Tesla woes mount on new China reports, EV probe

China reports underscore Tesla's myriad challenges in the world's biggest car market. more

Martin Baccardax (via TheStreet) | 5/9/24

Analysts revise Shopify stock price target after earnings

This is what could happen next to Shopify shares. more

Rob Lenihan (via TheStreet) | 5/9/24

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program. more

Sam Kessler (via CoinDesk) | 5/9/24

Analyst adjusts Nvidia stock price target ahead of earnings

This is what could happen next to Nvidia shares. more

Rob Lenihan (via TheStreet) | 5/9/24

One more National Park has made it more difficult for you to visit

The National Park Service has started to experiment with a timed entry slot system. more

Veronika Bondarenko (via TheStreet) | 5/9/24

Hertz charged a loyal customer a $277 surcharge for gas in a Tesla rental

The rental company is in contact with the customer to refund the charge. more

James Ochoa (via TheStreet) | 5/9/24

Protocol Village: Euclid, Cross-Chain Liquidity Infrastructure Powered by Nibiru, Emerges From Stealth

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15. more

Bradley Keoun (via CoinDesk) | 5/9/24

Guest Perspective: How complying with an EU regulation may benefit American companies

Upgrading to GDPR-compliant software could strengthen client relations. more

CityBusiness Guest Perspective (via New Orleans CityBusiness) | 5/9/24

Apple iPad ad obliterates the tools of human creativity with a hydraulic press to hype its ‘thinnest product yet.’ Offended consumers reversed the ad to make it a less ‘horrific corporate nightmare'

The spot appears to be having the unintended effect of turning people off their devices: “This ad effectively convinced me I need less technology in my life,” a user posted on X. more

Sunny Nagpaul (via Fortune) | 5/9/24

Outsmarting AI to Profit From the Next Stage of Its Growth

We want AI to do great things (and it will), but its infrastructure is still in development. You can learn to outsmart AI to actually profit from it. more

Michael Carr (via Banyan Hill Publishing) | 5/9/24

Key healthcare product maker files for Chapter 11 bankruptcy

The Pleasanton, Calif., medical device maker seeks to reorganize and eliminate $27 million in prepetition secured obligations. more

Kirk O’Neil (via TheStreet) | 5/9/24

Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in … more

Margaux Nijkerk (via CoinDesk) | 5/9/24

Embedded Finance: A Paradigm Shift in Financial Services

Embedded finance – the seamless integration of financial services into non-financial digital environments – is revolutionizing the way businesses and consumers interact with financial products. … more

Jess Purdy (via FinTech Rising) | 5/9/24

Will stocks set record gains during a Fed interest rate pause?

The Fed is deep into its second-longest interest-rate pause on record, and that has big implications for near-term stock gains. more

Martin Baccardax (via TheStreet) | 5/9/24

I’m the CTO of Canada’s biggest airport. AI isn’t destroying jobs in aviation—it’s giving us superpowers to improve air travel

AI can optimize airport work in a way humans cannot—and it's already making air travel better in numerous ways. more

Brian Tossan (via Fortune) | 5/9/24

Vitalik Buterin Discusses New Plan for Ethereum Transaction Fees

Vitalik Buterin has unveiled a new scheme, termed multidimensional gas pricing, to optimize Ethereum's transaction mechanisms and resource allocation amid rising blockchain competition. The post … more

Harsh Notariya (via BeInCrypto) | 5/9/24