Shares of electric-vehicle maker Tesla have reversed a recent rally and could be heading back to support near $165...
Continue ReadingNvidia was edging up early on Thursday despite a flurry of announcements from rivals developing processors powering artificial-intelligence technology...
Continue ReadingApple stock could be due for a rerating when the company comes out with its rumored AI-enabled iPhone this fall, a Wall Street analyst says...
Continue Reading(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy said his company’s cloud infrastructure will become an essential part of the generative artificial intelligence boom.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudChinese Cement Maker Halted After 99% Crash in 15 MinutesRussia Destroys Largest Power Plant in Ukraine’s Kyiv...
Continue Reading(Bloomberg) -- Apple Inc. is drawing interest from hedge fund investors seeing potential for AI-linked upgrades to its iPhones and as a slump in its shares reduces the stock’s valuation premium, JPMorgan Chase & Co. analysts say. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionChin...
Continue Reading(Bloomberg) -- Investors are becoming more optimistic about Alphabet Inc.’s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Inflation Refuses to Bend, Fanning Fears It Will StickTh...
Continue ReadingHere is how Canon (CAJPY) and IBM (IBM) have performed compared to their sector so far this year...
Continue ReadingAmazon.com CEO Andy Jassy is forecasting the company will benefit from cloud-computing demand and the growth of artificial intelligence...
Continue ReadingDynatrace (DT) expands its partnership with Alphabet's cloud business, Google Cloud, for unified observability and security, driving digital transformation globally...
Continue ReadingA price target of $235 might seem ambitious in light of the stock's recent run, but it could prove to be conservative...
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