🌟 Editor's Note
Welcome to another exciting week in the vibrant tech ecosystem! i’ve got a packed newsletter full of insights, events, and analysis.
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This Week in Tech & Markets
Another week has flown by, and here’s a quick recap of the major stories making waves:
Apple – Investor chatter is already circling around the upcoming iPhone 17, with early supply chain signals pointing to strong demand. While the launch is still a ways off, market watchers are treating it as a key driver of Apple’s long-term growth outlook.
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Oracle – The company announced a co-CEO shuffle, a leadership change aimed at sharpening its focus on cloud services and AI integration. Investors are watching closely to see how the move positions Oracle against rivals in the enterprise tech space.
Micron – Ahead of its earnings report, Micron has drawn attention as demand for memory chips continues to rebound. The company is expected to benefit from surging AI-related hardware needs, though analysts remain cautious about broader chip market cycles.
AMD & Cohere – AMD is doubling down on its AI strategy by expanding its partnership with Cohere. The deal integrates AMD’s Instinct GPUs into Cohere’s LLMs, boosting performance while supporting the development of sovereign AI systems for governments and enterprises.
Vodafone – The telecom giant repurchased nearly 8.7 million shares this week as part of its ongoing buyback program. The move is designed to improve capital efficiency and deliver stronger value to shareholders, even as the sector faces mixed growth prospects.
Global Tech Stocks – Broader markets saw a pullback in tech shares, as investors locked in profits after recent rallies. Valuation concerns and mixed analyst sentiment weighed on sentiment, sparking declines across U.S. and European exchanges.
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Till next time,