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Core retail sales rose more than expected last month, indicating some resilience in the U.S. consumer...
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While there’s no shortage of startups aiming to replace Google with AI-powered search (we’re looking at you, Perplexity), a startup called Exa has a different idea: a Google for AI. Humans aren't the ones who desperately need a new kind of search engine, Exa’s founders believe. Rather, as AI increasingly takes hold in corporate and consumer life, it is the AI platforms themselves that must regularly venture out onto the internet to search for information and return bona fide answers, not halluci...
Continue ReadingSPDR® NYSE Technology ETF is an alternative to RSPT for investors willing to avoid excessive weight in mega-cap companies. Read more on XNTK ETF...
Continue ReadingThe U.S. Federal Trade Commission has asked Amazon.com to provide more details on its deal to hire top executives and researchers from artificial intelligence startup Adept, a person familiar with the matter told Reuters. The request reflects the FTC's growing concern about how AI deals have been put together and follows a broader review of partnerships between Big Tech and prominent AI startups. The informal inquiry into Amazon, which has not previously been reported, centers on last month's announcement that Adept Chief Executive David Luan and others were leaving to join Amazon, which would also license some of the startup's technology...
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Stocks like JPMorgan Chase & Co. (JPM), Amazon.com, Inc. (AMZN), Apple Inc. (AAPL) and Walmart, Inc. (WMT) are likely to benefit from the Dow's ongoing rally...
Continue ReadingU.K. investigation is the latest into the tech company’s ties with artificial-intelligence startups...
Continue Reading(Bloomberg) -- Microsoft Corp.’s investment into Inflection AI will get a full-blown UK antitrust probe, after the watchdog said it needed to take a closer look at the hiring of former employees from the artificial intelligence startup.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickTrump Security Tightened on Iran Plot...
Continue ReadingWith large-cap valuation spreads reaching record levels, we think the odds of small cap outperformance over the next few years are high...
Continue ReadingA single investment can immediately have you owning a chunk of 500 American companies. It can power a comfortable retirement, too...
Continue ReadingVulcan Value Partners' Q2 2024 results were mixed as it experienced stock price volatility with several companies in the portfolios. Click here to read more...
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