EdTech Insight – Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points The education sector is at the cusp of a transformative era underscored by key innovations in semiconductor technology and artificial intelligence. Intel, once a frontrunner in the semiconductor manufacturing realm, has been outpaced...

EdTech Insight – Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points The Snap Partner Summit 2023 has been a significant event, underlined by the unexpected fiscal performance of Snap Inc. Shares of Snap surged by 28%, showcasing the highest percentage gain since 2022, following the announcement of...

EdTech Insight – Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points Alphabet Inc. has demonstrated remarkable financial performance in its first quarter, underscoring key innovations and growth in digital realms pertinent to the global education sector. The company’s significant increase in...

EdTech Insight – Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Source article: https://www.cnbc.com/2024/04/25/microsoft-says-cloud-ai-demand-exceeds-supply-despite-spending-surge.html

EdTech Insight – Federal regulator finds Tesla Autopilot has ‘critical safety gap’ linked to hundreds of collisions

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points The National Highway Traffic Safety Administration (NHTSA) has released findings from a nearly three-year investigation into Tesla’s Autopilot system, revealing critical safety gaps. An analysis of 956 crashes suspected to...

EdTech Insight – Rubrik stock pops 16% in NYSE debut after company prices IPO above range

by EdTechMate | Apr 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent initial public offering (IPO) of Rubrik Inc., a cybersecurity software startup, represents a significant event in the technology sector, indicating renewed investor interest in tech companies, despite a recent period of...