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(Reuters) -Britain's antitrust watchdog is scrutinising Google-parent Alphabet's partnership with artificial intelligence startup Anthropic and its impact on competition, the regulator said on Tuesday. More than 18 months after Microsoft-backed OpenAI triggered an AI boom with the release of ChatGPT, antitrust regulators around the world have been increasingly concerned by multiple deals struck between smaller industry startups and big tech giants. Agreements under scrutiny include Microsoft's partnerships with startups such as OpenAI, Inflection AI, and Mistral AI, as well as Alphabet's ties to other smaller companies such as Anthropic and Cohere...
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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue Reading(Bloomberg) -- After a $2.3-trillion Nasdaq 100 wipeout, investors are nervously awaiting Microsoft Corp.’s earnings report to see whether the software maker can turn the tide.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersRich Hong Kong Families Sell Mansions at Discounts to Repay DebtTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Accuses Rival of Sabotage, Triggering...
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Chip maker Nvidia will be the last to report at the end of next month, but by then we may know all we need to know about how investors will treat these big names. Traders may well still be looking for excuses to sell the Mag 7, which suggests that even if earnings this week come in strong–or perfect–these stocks might go down. For Google, the excuse was inflated spending on artificial intelligence...
Continue ReadingWall Street will navigate a busy Tuesday session of earnings and data with updates from AMD and Microsoft due after the closing bell...
Continue ReadingMicrosoft will kick off this week’s Big Tech earnings as it reports after the bell on Tuesday. Investors will look closely for clues on the return on investing in AI...
Continue ReadingAlphabet is one of the cheapest megacap technology stocks, despite being a leader in AI...
Continue ReadingTo the extent that worries about pricey tech stocks and rising AI capex spending were partly behind last week's market shakeout, Microsoft's quarterly update should prove a key moment later on Tuesday, just as the Federal Reserve's latest policy meeting gets under way. U.S. stock futures were marginally higher ahead of Tuesday's bell, while Treasury yields and the dollar nudged up too. Caution ahead of the Fed's policy decision on Wednesday - which is preceded by a possible tightening jolt from the Bank of Japan earlier that day - may muffle the initial reaction to Microsoft's report...
Continue ReadingMeta Platforms is expected to report a 20% rise in quarterly revenue, helped by strong ad sales driven by the Olympics and elections in several countries, but investors will want to see if its spending on AI is starting to yield returns. Alphabet's warning last week that capital expenses would stay high this year, overshadowed a jump in ad sales and pushed its stock down. Meta is betting on an open-source approach for its generative AI push...
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