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Qualcomm is making a bold datacenter play, but Wall Street may want to temper expectations. The chip designer is projecting fifteen billion dollars in annual datacenter revenue by fiscal twenty twenty-nine — significant growth, but a fraction of what rivals like Nvidia are already pulling in. That projection came alongside a sobering note: its Apple modem business is about to take a serious hit.
Speaking of bold bets, Robinhood just posted its best quarter on record, with one point three one billion dollars in revenue for Q two. The story here isn't just the number — it's what's driving it. Prediction markets have stepped in to do the heavy lifting that crypto once did, signaling a real shift in how retail investors are engaging with the platform.
And Apple is quietly turning iPhones into broadcast cameras. The company used iPhone seventeen Pro Max units during the MLS All-Star Game to capture angles traditional rigs simply cannot reach. It's a calculated move — part product showcase, part genuine creative experiment — and it raises real questions about where professional broadcast hardware goes from here.
That's your Tech Beat for today. Keep surfing. Tech Beat out.
