Alibaba Launches in Morocco to Boost Moroccan Exports to North America
Chinese e-commerce giant Alibaba has officially started its operations in Morocco, marking the launch of its first site in Africa. The company aims to help Moroccan businesses expand their exports to new markets, particularly in North America.Alibaba announced its expansion during a meeting held on Wednesday in Casablanca, where the company met with Moroccan companies and representatives from government agencies involved in trade and exports.Alibaba’s Director for Europe Giancarlo Pastano noted the importance of supporting small and medium-sized Moroccan businesses and helping them increase their exports to international markets, especially in North America, where most of Alibaba’s buyers are located, Asharq Business reported.Pastano added that Morocco was chosen for this expansion due to
Here's Why 2025 Could Be the Year of Redemption for Alibaba Stock
Alibaba BABA is positioning itself for a potential turnaround in 2025, backed by China's expansionary monetary policy and the company's strategic initiatives. The recent second-quarter fiscal 2025 earnings revealed steady growth across core segments, with revenues reaching $33.7 billion, beating analyst expectations.Monthly active consumers on Taobao and Tmall reached new all-time highs, while the implementation of a 0.6% software service fee and increased adoption of AI-powered marketing tools signal improved monetization capabilities. The successful 11.11 Global Shopping Festival achieved record-high consumer engagement, with 88VIP membership growing to 46 million, demonstrating robust customer loyalty.
Is This Nancy Pelosi's Stock Pick Set To Overtake Nvidia? AI Chip Race To Heat Up By 2025
Yiu sees Broadcom as the next Nvidia in terms of potential outperformance, thanks to its strong partnerships with major tech firms.“Nvidia's GPUs are very powerful, but at the same time also very expensive,” Yiu noted. “From Microsoft's perspective, you don't want to become overly dependent on one single supplier.”Broadcom’s year to date returns have climbed 103.42% this year, as of Monday pre-market hours, according to Benzinga Pro. It hit a market cap of over $1 trillion after announcing that its AI revenue tripled to $12.2 billion in 2024. The company is working with three major cloud computing customers, Meta, Alphabet, and ByteDance, to develop custom AI chips.
Tesla Stocks: The Next Smartphone Revolution? Elon Musk’s Surprising Future Plans
Tesla has been a groundbreaking force in the automotive industry, but the tech giant’s ambitions might soon extend to a device everyone owns: smartphones. Elon Musk’s recent strategic moves and technological advancements suggest a potential pivot towards integrating Tesla technology with smartphones. This speculation has been gaining traction with Tesla’s consistent innovation in battery technology and AI.A major hint appeared during Tesla’s latest investor call when Musk stated that the company is exploring ways to expand its ecosystem beyond cars. He emphasized the potential of leveraging Tesla’s full-stack software capabilities and AI-driven technology, which could seamlessly integrate into the smartphone world. This could revolutionize mobile computing, offering users a more cohesive e
MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks
MicroStrategy was already one of the hottest stocks on the planet, but the rally intensified after Donald Trump’s election victory in November.Of the 439,000 bitcoins the company owns, more than one-third have been purchased since the election.“With the red sweep, bitcoin is surging up with tail winds,” MicroStrategy founder Michael Saylor told CNBC.Trade on CBA. Enjoy enjoy up to 6 months Commission-Free!Trade now and settle later in the Tiger Trade APP >> Open An Account NowOn the eve of MicroStrategy’s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at the Lotte N
Google Gemini 2.0: Redefining AI with Flash Thinking
Google has launched the highly-anticipated Gemini 2.0 with best-in-class AI features that promise a user experience enhancement. Building upon its predecessor’s foundational approach, Gemini 2.0 is capable of delivering unprecedented improvement in speed and multimodal processing, agentic AI capabilities, and many more.Multimedia capabilities and double the processing speed than that of Gemini 1.5: Gemini 2.0 rules the AI WorldLet’s explore Gemini 2.0 features, the latest Google AI updates it offers, and how it is set to reshape the landscape of AI technology in detail.Receive SGD 20,000+ trading limit. Win up to 17 Nvidia shares!
MicroStrategy’s Bold Leap: A Gateway to the Future
In the rapidly evolving digital landscape, MicroStrategy is taking a pioneering step by integrating advanced AI-driven analytics, setting a new benchmark in the realm of business intelligence (BI). This initiative promises to reshape how organizations leverage data for strategic decision-making.
If You'd Invested $1,000 in Rocket Lab Stock 3 Years Ago, Here's How Much You'd Have Today
Key PointsRocket Lab provides a comprehensive approach to the burgeoning space economy.In addition to growing its revenue and gross profit, Rocket Lab has grown its backlog.Growth investors should consider opening a position in Rocket Labs.Rocket Lab has been one of the strongest-performing stocks on the Nasdaq in 2024, soaring by more than 380% since the start of the year.That's impressive, but how have longer-term investors in Rocket Lab fared? For those who bought the stock back in December 2021 and held on through the ensuing turbulence, the return on their investment in this leading space stock has been a little less lofty.Trade on CBA. Enjoy enjoy up to 6 months Commission-Free!
Key PointsRocket Lab provides a comprehensive approach to the burgeoning space economy.In addition to growing its revenue and gross profit, Rocket Lab has grown its backlog.Growth investors should consider opening a position in Rocket Labs.Rocket Lab has been one of the strongest-performing stocks on the Nasdaq in 2024, soaring by more than 380% since the start of the year.That's impressive, but how have longer-term investors in Rocket Lab fared? For those who bought the stock back in December 2021 and held on through the ensuing turbulence, the return on their investment in this leading space stock has been a little less lofty.Trade on CBA. Enjoy enjoy up to 6 months Commission-Free!
NVIDIA is helping Apple build a faster and better AI experience
Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI. Cupertino writes:Accelerating LLM inference is an important ML research problem, as auto-regressive token generation is computationally expensive and relatively slow, and improving inference efficiency can reduce latency for users. In addition to ongoing efforts to accelerate inference on Apple silicon, we have recently made significant progress in accelerating LLM inference for the NVIDIA GPUs widely used for production applications across the industry.Earlier this year, Apple published and open-sourced Recurrent Drafter (ReDrafter), which is a novel approach to speculative decoding that “achieves state of the art performance.” According to the company, ReDraf