EdTech Insight – Shares of Micron pop 14% on earnings beat driven by AI boom

by EdTechMate | Mar 20, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent financial report from Micron Technology reflects significant growth attributable to the burgeoning artificial intelligence (AI) sector. The company’s earnings per share and revenue exceeded analysts’...

EdTech Insight – Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

by EdTechMate | Mar 20, 2024 | CNBC, News & Insights

Executive Summary and Main Points The rapid emergence and adoption of artificial intelligence (AI) technology in various sectors have recently been punctuated by significant events in the tech industry, notably within AI infrastructure. Astera Labs, a company...

EdTech Insight – Bitcoin slips to about $63,000 as the cryptocurrency tracks for third straight losing day

by EdTechMate | Mar 20, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Within the evolving landscape of international education, the recent fluctuations in Bitcoin’s value have sparked interest far beyond financial sectors. Key developments to note are Bitcoin’s decrease in value...

EdTech Insight – Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales

by EdTechMate | Mar 20, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recently, Apple CEO Tim Cook visited Shanghai around the time of a new retail store launch, amidst declining iPhone sales in China. Cook’s appointment in Shanghai signifies Apple’s commitment to its vital market and...

EdTech Insight – Samsung soars more than 5% after report of Nvidia considering its next-gen chips

by EdTechMate | Mar 20, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Recent developments in the international semiconductor industry have highlighted significant innovations that may have intriguing repercussions for the global higher education sector. Samsung Electronics saw its shares...

EdTech Insight – Nvidia shares close up after company unveils latest AI chips

by EdTechMate | Mar 19, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nvidia, a prominent force in the technology sector, has seen an uplift in its stock prices following CEO Jensen Huang’s optimistic discourse on the company’s competitive edge within the $250 billion data center market. The...