Posts

Showing posts with the label AItrend

Translate

Market Insight : How Nvidia's $10 Multiplier Boosts Adobe, Salesforce & ServiceNow: AI Fueling Tech Growth

Image
Market Insight : How Nvidia's $10 Multiplier Boosts Adobe, Salesforce & ServiceNow: AI Fueling Tech Growth Market Insight : How Nvidia's $10 Multiplier Boosts Adobe, Salesforce & ServiceNow: AI Fueling Tech Growth Company Overview Nvidia (NYSE: NVDA ) is a leading technology company specializing in graphics processing units (GPUs) and AI computing. Its AI chips have become vital in accelerating enterprise software adoption, impacting major tech firms such as Adobe , Salesforce , and ServiceNow . This AI driven growth is fostering strong market momentum in the technology sector. Technical Indicator Breakdown and Analysis (as of 2025-06-05) EMA 12: 135.63872 - The 12-day Exponential Moving Average indicates recent price momentum favoring an upward trend. ( EMA ) EMA 26: 129.18051 - The 26-day EMA is below the 12-day EMA, suggesting recent bullish price movements. MACD: 6.45821 - The Moving Average Convergence Divergence shows...

Market Insight : Ex-Apple Engineers Secure $16M for ElastixAI: A New Era in AI Inference

Image
Market Insight : Ex-Apple Engineers Secure $16M for ElastixAI: A New Era in AI Inference Company Overview Seattle-based ElastixAI was founded by former Apple engineers involved in Apple's $200 million acquisition of Xnor. The company has recently secured $16 million in funding from top-tier investors, including Bellevue-based venture capital company FUSE, aiming to revolutionize AI inference technology across various devices. Technical Indicator Breakdown and Analysis (as of 2025-05-24) EMA 12: 129.024119 - The 12-day exponential moving average, representing the short-term trend of the stock price. EMA 26: 122.73009 - The 26-day exponential moving average, indicating the longer-term trend. MACD: 6.29403 - The Moving Average Convergence Divergence is positive, suggesting bullish momentum in the stock. RSI: 63.79929 - The Relative Strength Index is moderately high, indicating the stock is approaching overbought conditions. Price Volume: 198,367,700 - The volum...