Nvidia is one of the top designers and manufacturers of graphics processing units and related products. Recently, the company reported its Q1 2018 earning which showed phenomenal results including growth of 66% YoY and 10% quarter-over-quarter. A general increase in demand in the gaming industry bolstered the company's GPU Segment revenue. Moreover, this market is continuing to grow and the global eSports industry is only getting bigger and bigger.
Additionally, the company released new products such as the NVIDIA RTX which will drive revenue up. Nvidia also has another source of growth in the datacenter segment. As more and more people utilize AI, demand will continue to grow for data center solutions. The NVIDIA DRIVE also has high potential in the autonomous vehicle market. All of these things will continue to provide revenue growth for Nvidia. We also performed a DCF Valuation of Nvidia and found that it is overpriced. To see the full analysis and I Know First's current forecast for NVDA: Read More.
The AI Gold-Mine: Predicting Stock Market Success
In preparation for our co-founders, Yaron Golgher and Dr. Lipa Roitman, speaking at the RE:WORK AI In FInance Summit, our CEO sat down to talk about AI and I Know First. In the interview, he discusses deep learning and expectations about advancements in the area, what industries this technology will effect, its effects on the stock market and trading industry, and some of the special features the I Know First algorithm has. He even included an implementation example from a client. To see the full interview: Read More.
GOOGL Forecast: Alphabet Focuses on Future Growth, So Should Investors
Alphabet, Google's parent company, posted strong Q1 2018 earnings. Revenue grew above a whopping $30 billion thanks to growth in many sectors including cloud, hardware, and more. Investors' only concerns about the report was growing expenses. However, the company is investing in itself and laying a sturdy groundwork for the future. The company is investing a total of $550 million into the Chinese online retailer JD.com. With Google obtaining a 1% stake in JD, the company is expanding their roots into China. Additionally, at Google’s I/O event, new products were released that have the chance to revolutionize the world. One of the most interesting products to come out of this was the advancements to Google Assistant. Another new development is that Alphabet has partnered with Jaguar Land Rover to create a self driving car. Through Waymo and the Jaguar I-Pace, Google will provide self driving mechanisms in a long term partnership between the two companies.
A technical analysis shows bullish trends for Alphabet. The simple moving averages, MACD, ADX, aroon oscillator, and OBV show a promising future. On top of that, the I Know First machine learning algorithm currently shows a bullish signal for GOOGL. To see a full analysis and valuation: Read more.
Marvell Technology Group Makes Moves Towards New Markets Marvell Technology Group Ltd. (NASDAQ: MRVL) is a leader in semiconductor solutions as well as a supplier and host of storage controllers and components that are utilized in solid-state drives (SSD). Marvell has also been innovating and in early June announced 2 new products: the 88Q9098 chip and Express® (NVMe™) solid-state drive (SSD). Marvell’s newest chip can be used to connect vehicles and features 2×2 plus 2×2 concurrent dual Wi-Fi®, dual-mode Bluetooth® 5/Bluetooth Low Energy and 802.11p, making it the industry’s first chip of its kind. Marvell's newest SSD controller family, the Express NVMe™ can be used in high performance PC clients and edge computing SSDs. The markets for both of these products is expected to grow rapidly over the next 5 years.
Additionally, in early July, Marvell completed its acquisition of Cavium, one of its rivals, for over $6 billion after announcing its intentions this past November. The acquisition will be extremely beneficial for Marvell in the long run as the combination of the two competitors will allow them to create a better product portfolio as well as the ability to break into the Intel-dominated server microprocessor market. The deal will boost MRVL’s top and bottom line and has the potential to to increase Marvell’s potential market by $8 billion to $16 billion. To see a Marvell Stock Analysis and the current I Know First Forecast:Read more.
CRM Stock Forecast: Datorama Will Take Salesforce To The Next Level
Recently, Salesforce announced that it will be acquiring one of the biggest Israeli marketing analytics companies: Datorama. Datorama is a company that provides AI-powered marketing intelligence as well as analytics platform for enterprises. This acquisition reaffirms. Salesforces' commitment to applying AI in marketing. Following the deal, Salesforce plans to set up a development center in Israel, joining 250 multinational development centers in the Start-up Nation.
Additionally, On July 11, Salesforce also released the next generation of Cloud Einstein. In this generation, the company has combined its CRM with guided processes and a powerful AI to provide a better customer service platform. The customer now can leverage machine learning as well as automate the routine service requests. The Next Generation will include Einstein Bots, Lightning Flow, and Einstein Next Best Action. The Einstein Bots will improve the customer experiences by responding immediately to their comments, gather basic information and handle it to the right agent in the shortest amount of time. To see our price target for CRM: Read More.
Here at I Know First we want to instill confidence in our subscribers and make sure they understand where our forecasts come from. Deep learning is one of the most important things to understand when trying to comprehend how the I Know First algorithm creates its forecasts.
To help you understand we posted a new article on our website about how deep learning works and how we utilize it. In the article we discuss the 3 major classes of deep learning: unsupervised learning, supervised learning, and hybrid deep networks. We explain the ways each can be applied and what they are useful for. Most importantly, we discuss how we implement these tools in order to create the most accurate forecasts possible. In other news, I Know First was also just featured in a new Youtube video about Reinforcement Learning For Stock Prediction. Reinforcement learning is another one of the concepts that is integral to our algorithm. You can learn more about it in the video and on our website!
Warmest Regards, Yaron Golgher, Co-Founder and CEO
One of the things that has stayed the same about the iPhone since its release is the use of a SIM card. However, Apple is thinking about changing the way these are incorporated into the phone. Currently, the SIM card can be removed and put in, but this may not be sustainable for Apple's quest to make the iPhone have no ports so it can be fully waterproof.
The eSim is a chip that is soldered to the phones circuit board, as opposed to a chip that’s inserted into the phone. Apple has already started implementing the use of this technology in their Apple Watch 3 and many expect Apple to add this to their phones next.
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