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Why is Nvidia Stock Going Down Today? September 2024 Analysis

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Why is Nvidia Stock Going Down Today

Why is Nvidia Stock Going Down:

Nvidia Corporation is America’s leading multinational technology company known for its GPUs and pioneering AI computing. Over the past years, Nvidia has sought to expand its influence beyond GPUs, and developed the CUDA software platform and APIs that have influenced supercomputing worldwide.

Despite facing setbacks, such as the failed acquisition of Arm from Softbank in 2022, Nvidia’s Stock surged in 2023, making it the seventh U.S. company to surpass $1 trillion market cap.

In June 2024, demand for Nvidia’s AI chips boomed and it became the world’s most valuable publicly traded company.

However, recent challenges, including market volatility, geopolitical tensions, and industry-specific issues, have caused a notable decline in Nvidia’s stock.
So today we’ll tell you why Nvidia’s stock is down today and the key factors driving it down.

Nvidia’s Recent Market Performance

Stock market companies, including the NASDAQ and S7P 500, have faced significant volatility over the past several days. This instability is basically due to the Federal Reserve’s monetary policy, which has kept interest rates elevated. Such macro economic factors negatively impact tech and semiconductor stocks, and Nvidia is among them.

Investors are shying away from the tech sector these days, due to economic uncertainty. Companies like Nvidia, which are considered high flyers of the stock market, are facing a negative decline today due to profit taking and sector rotation. For this reason, Nvidia’s stock is going down today as well.

The volatility in Nvidia’s stock has not only affected the U.S markets but its impact is global, affecting semiconductor companies in Europe and Asia as well. Companies like ASML, TSMC and Samsung have experienced mixed results in response to Nvidia stock down today.

Geopolitical Tensions and Regulatory Concerns Weigh on Nvidia

Increasing geopolitical tensions between the US and China have also severely affected the semiconductor industry. The Biden administration has imposed export controls on advanced semiconductors, which has led to a lot of volatility in the industry. Nvidia, as a leading supplier of AI chips and GPUs, has been directly impacted by this. Nvidia’s market share has been severely affected due to restrictions on sales of high performance chips to China, which has also led to a decline in its revenue. This uncertainty has contributed to the volatility in Nvidia’s stock, as investors react to the potential long-term impacts on the company’s growth.

Taiwan also has a large share of the global semiconductor market. especially through TSMC, it is a crucial partner of Nvidia. US-China tensions over Taiwan could disrupt the supply of advanced chips. And these advanced chips are very important for Nvidia operations. Due to these supply chain disruptions, the confidence of investors is decreasing and this is also the reason for the decline of Nvidia’s stock.

Delays and Legal Issues: What’s Affecting Nvidia’s Operations?

Why is Nvidia Stock Going Down Today

Nvidia Corp. Encountered engineering challenges during the development of two new advanced chips, resulting in delays for the release of certain products aimed at maintaining its competitive advantage in the artificial intelligence computing market.

There are reports of delay in Nvidia’s Blackwell architecture AI chips which are the next generation AI chips. According to a news, Nvidia’s Blackwell AI chips could be delayed by at least three months due to design issues. Due to this, Nvidia’s major customers like Microsoft and Alphabet will be greatly affected. This is also a reason due to which Nvidia’s stock is going down today.

Apart from this, the matter of Nvidia and Run.ai is under investigation in the department of justice, this is also a reason for Nvidia’s stock going down today.

Analyst Perspectives: Is This a Buying Opportunity?

Analysts like Piper Sandler’s Harsh Kumar still have positive expectations for Nvidia. According to them, Nvidia still remains a dominant force in the AI ​​market. According to Garsh Kumar, this dip in Nvidia stock could be a good buying opportunity for investors. And this investment could help them generate good revenue in 2025.

Piper Sandler recently raised its price target for Nvidia from $120 to $140, reflecting a 14% upside. This increase is based on Nvidia’s potential to continue leading in AI chip development and expanding into new markets.

What’s Next for Nvidia and Investors?

Nvidia’s future is shaped by a confluence of geopolitical, regulatory, and industry-specific challenges, alongside the broader market volatility impacting semiconductor stocks. These geopolitical risks, coupled with the Biden administration’s potential tightening of chip export regulations, could further strain Nvidia’s operations and market position.

Investors will have to balance risks and opportunities. The delay of Nvidia’s Blackwell AI chips and the investigation of Run.ai are the factors due to which Nvidia’s stock is going down today. But the company’s long-term future lies with its dominance in AI chips.

The facts and figures and research done in this article is valid for the whole month of September 2024

Note: This is not a financial advice but based on our own research. You should do your own research before making any investment.

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What is the Telegram Future After Pavel Durov Arrest?

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Telegram future after Pavel Durov

Pavel Durov, the founder and CEO of the popular messaging app Telegram, was recently arrested in Paris, igniting a global conversation about the role of digital platforms in facilitating illicit activities. The arrest has put a spotlight on Telegram’s content moderation practices and its alleged use by criminals for drug trafficking and the distribution of child sexual abuse material. Many are now questioning what the Telegram future after Pavel Durov will look like.

The Arrest of Pavel Durov

Durov, a Russian-born tech entrepreneur who holds multiple citizenships, was detained at Paris-Le Bourget Airport after arriving from Azerbaijan. According to the Paris prosecutor’s office, he was released after four days of questioning and posting a bail of 5 million euros. The French authorities have charged Durov with “complicity in managing an online platform to allow illicit transactions by an organized group,” a serious allegation that could lead to up to 10 years in prison and a substantial fine. This development has led to speculation about the Telegram future after Pavel Durov arrest and whether the platform will change its policies.

Telegram future after pavel durov
Image from: Decrypt

Despite the gravity of the charges, Telegram has maintained that it operates within the bounds of EU laws and claims its content moderation practices are “within industry standards and constantly improving.” In a statement following the arrest, Telegram asserted that Durov has “nothing to hide” and frequently travels within Europe. The company continues to defend itself against allegations that it has not done enough to curb illegal activities on its platform, leaving many to ponder the Telegram future after Pavel Durov scandal.

Telegram’s Unique Position Among Messaging Apps

Telegram, launched in 2013 by Pavel Durov and his brother Nikolai, has positioned itself as a versatile messaging app that supports both private communications and large group chats. Unlike its rivals, Telegram allows group chats of up to 200,000 people, compared to WhatsApp’s limit of 1,024. This flexibility has made Telegram a popular choice for a variety of users, including government officials, activists, and, controversially, criminals. With Durov’s arrest, there’s growing concern over how the Telegram future after Pavel Durov will shape up in terms of user safety and platform regulations.

One of the app’s key features is its offering of end-to-end encryption, which is designed to keep conversations private. However, as noted in a story published by the BBC, this encryption is not enabled by default, and it does not apply to group chats. As a result, Telegram can access the contents of group chats and unencrypted messages. John Scott-Railton, a senior researcher at the University of Toronto’s Citizenlab, points out that “only Telegram’s opt-in ‘secret chat’ feature is end-to-end encrypted,” which means that Telegram could access most messages on the platform unless users specifically choose to use the secret chat option. The scrutiny on Telegram’s privacy policies has intensified as people question what the Telegram future after Pavel Durov scandal could entail for these features.

A Hotbed for Criminal Activities?

The BBC story also highlights the growing concerns among experts and law enforcement about the app’s use for illegal activities. Researchers have found that Telegram’s large, unencrypted group chats can be fertile ground for spreading misinformation and facilitating criminal enterprises. According to cybersecurity experts, the app has become a haven for activities that were traditionally confined to the dark web, such as drug trafficking and the distribution of stolen credit card information. This adds more uncertainty to the Telegram future after Pavel Durov arrest, especially if stricter regulations or government oversight are introduced.

Telegram future after Pavel durov
Image From: Free Press Journal

One cybersecurity researcher mentioned in the BBC article noted that after being added to several illicit groups on Telegram, they were bombarded with messages about drug sales, hacking, and stolen credit cards. This kind of activity has prompted some experts, like cybersecurity podcaster Patrick Gray, to describe Telegram as “the dark web in your pocket.” The Telegram future after Pavel Durov could see a significant shift in how the platform manages and moderates such content, depending on the outcome of the legal battles and public pressure.

The app’s lax content moderation policies have drawn criticism from Western governments, who argue that Telegram is not doing enough to prevent illegal activities on its platform. David Thiel, a researcher at Stanford University, stated that Telegram is “less secure (and) more lax in terms of policy and detection of illegal content,” compared to other platforms. While platforms like WhatsApp submitted over 1.3 million CyberTipline reports in 2023, Telegram reportedly submitted none, reflecting its “unresponsive” stance towards law enforcement, as noted by Thiel in the BBC piece. As a result, there is growing uncertainty about what the Telegram future after Pavel Durov scandal will look like in terms of cooperation with law enforcement.

The Broader Implications

The arrest of Pavel Durov has raised broader questions about the responsibilities of platform owners and the balance between privacy and public safety. While Telegram promotes itself as a defender of user privacy and freedom of speech, critics argue that its policies create a permissive environment for criminal activities. In the wake of Durov’s arrest, some have voiced concerns that the actions taken by French authorities might lead to over-censorship and a restriction of free speech. This has led to widespread speculation about the Telegram future after Pavel Durov arrest and whether it will result in more stringent content moderation or even a change in leadership.

Digital rights organizations, such as Access Now, have expressed concern about the potential implications of Durov’s arrest. While acknowledging Telegram’s shortcomings in moderating content, Access Now warns that detaining platform staff without clear alignment with human rights principles could lead to an “over-censorship” that may stifle free expression and civic engagement. This sentiment is shared by other advocates who worry that the Pavel Durov scandal could set a precedent for increased control over digital communication platforms.

Conclusion

As the legal proceedings against Pavel Durov unfold, the world is watching to see how this case will impact Telegram and the broader debate over platform responsibility and user privacy. While Durov’s future remains uncertain, the arrest has undoubtedly intensified the scrutiny of Telegram’s content moderation practices and its role in global digital communication. The Telegram future after Pavel Durov arrest will likely be shaped by these ongoing developments, potentially leading to significant changes in how the platform operates and is perceived by its global user base.

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Infinix Zero 40 5G and 4G: Specs, Features, and Launch Details

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Infinix Zero 40 5G and 4G

Infinix is ​​gearing up to launch its latest Zero 40 series comprising of Zero 40 4G and Zero 40 5G models. Recent listings on various certification and benchmarking platforms have provided an insight into what we can expect from these upcoming smartphones.

Infinix Zero 40 5G

Infinix Zero 40 to join Infinix X6861 Android device. The listing shows that the handset will use MediaTek MT6896Z/CZA, which is likely a Dimensity 8200 Ultimate SoC (same silicon as in the Infinix GT 20 Pro). Camera & SoftwareThe Snapdragon 855 will then be paired with a total of 12GB RAM, albeit other memory choices may also exist.

The Zero 40 5G will also pack a repeat of the 4,900 mAh battery from its predecessor as confirmed by other certifications such as Geekbench and TUV Rheinland this time around while supporting up to1W fast charging. Those DPQY will also feature a circular camera island three or more sensors plus an LED flash unit, which confirms the importance of improved photography capabilities.

Infinix Zero 40

Infinix Zero 40 4G

Infinix Zero 40 4G model number X6860 appears on Google Play Console, TUV Rheinland certifications In that app, an increase in the iQOO Z5x was spotted: it will run on a MediaTek Helio G99 Some with two A76 cores at 2. The 8GB version is running on Android 14.

The Zero 40 4G will feature a curved display with a resolution of 1080×2436 pixels and a screen density of 480 dpi. It will also include a 4,900 mAh battery, the same as the 5G variant, as certified by TUV Rheinland, and will provide storage options of up to 512GB.

Both models in the Infinix Zero 40 series are anticipated to deliver remarkable specifications and functionalities. The 5G variant will utilize the robust Dimensity 8200 chipset, while the 4G version will be powered by the efficient Helio G99 SoC. With their high-resolution screens, substantial RAM, and significant battery life, these smartphones are expected to make a notable impression in their respective markets.

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Tech

Whatsapp New Features, announced an interesting privacy update

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whatsapp new features

Messaging giant WhatsApp has been playing catch-up with rivals like Telegram and Signal when it comes to Whatsapp new features. However, a recent beta update of WhatsApp, v2.23.8.2, suggests that biometric locking for individual chats and group messages may soon be on the horizon. This new security layer would be a welcome addition for those who rely on WhatsApp as their primary means of communication.

At present, users can lock WhatsApp with a PIN, fingerprint, or Face Unlock model, but this only secures access to the entire application. The potential for biometric locking of specific chats adds an extra level of privacy, with users required to scan their fingerprint to view protected conversations. The option to enable the “Lock this chat with fingerprint” toggle from the three-dot menu will send these chats to a “Locked chats” section, ensuring they are hidden from prying eyes. Any attempts to view these chats from the main WhatsApp app view will be unsuccessful until the correct fingerprint has been scanned.

whatsapp new features
Image courtesy: 9to5google.com

Although this development is still in its early phases and only available in the Android beta version of WhatsApp, it is an exciting prospect. As with all new features, there is the possibility that it may not make it to the final release. However, the inclusion of biometric locking would undoubtedly be a significant step forward for WhatsApp and its users.

In summary, WhatsApp’s potential addition of biometric locking for individual chats and group messages would be a major boost to the platform’s privacy and security features. As the beta update is still in the early stages, it remains to be seen whether this new functionality will make it to the final release. Nonetheless, this development highlights the platform’s ongoing efforts to stay competitive with other messaging services and keep its users’ data secure.

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