BlackBerry CEO says robotics is one of its fastest-growing businesses
CNBC·- BlackBerry CEO John Giamatteo stated that robotics is one of the company's fastest-growing businesses within its QNX software division. - The company is leveraging its safety-critical automotive software experience to target industrial, warehouse, and medical robotics applications. - BlackBerry reported an order backlog worth 950 million dollars and an expanded partnership with Nvidia to support these growth areas.Nvidia Earnings: Wall Street Expects Growth to Slow in Q2 — Dan Niles Says Hyperscalers Are Spending Like Never Before
benzinga_article·- Investor Dan Niles stated that Nvidia’s growth expectations may be conservative due to hyperscaler capital expenditures growing 92 % year-over-year in the quarter ending June 30. - Wall Street projects Nvidia's second-quarter revenue to reach $92.03 billion and earnings per share to hit $2.07. - Niles noted that Nvidia trades at 17 times projected 2027 earnings, presenting a favorable risk-reward setup despite local political headwinds against data centers.AMD or Nvidia: Load Up on One AI Chip Stock, but Avoid the Other, Says Investor
Tip Ranks·- Investor Elizabeth Pramila argues that AMD is poised to outperform Nvidia in the coming years by capturing AI spending through efficiency, flexibility, customization, and cost-effective inference. - The investment thesis highlights that AMD's MI400 GPUs, Helios rack-scale platform, and sixth-generation EPYC server CPUs provide competitive alternatives that appeal to major cloud providers and AI labs. - Pramila rates AMD as a Strong Buy with an average price target of $647.42 pointing toward 37% returns, while maintaining a Strong Sell rating on Nvidia despite Wall Street's consensus Strong Buy for both stocks.Elon Musk Reveals Why SpaceX Launched Tesla’s Roadster Into Orbit: ‘We Didn’t Want to Risk Anything Valuable’
benzinga_article·- SpaceX CEO Elon Musk revealed that his personal Tesla Roadster was launched into orbit in 2018 because the mission's high failure risk precluded using anything valuable. - Tesla is reportedly moving closer to unveiling its next-generation Roadster, which may feature a SpaceX-developed cold gas thruster system. - Meanwhile, SpaceX announced a partnership with NVIDIA to launch optimized chips by late 2027 alongside targets for significantly increased rocket launches.