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With many concerns in the air about the EV revolution running out of steam as even the EV king, Tesla Inc (NASDAQ: TSLA) came short of estimates as it posted its first deliveries drop in four years, Volkswagen AG (OTC: VWAGY) and Bayerische Motoren Werke Aktiengesellschaft (OTC: BMWYY) provided some much-needed optimism on the EV front. Helped by price cuts, Volkswagen’s e-offensive is showing results in the world’s biggest car market. While Volkswagen faced a diminishing EV demand in Europe, Eu...
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Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) kicked off its annual Google Cloud Next conference on Tuesday, April 9th in Las Vegas. Google used the ongoing conference that gathered over 30,000 visionaries and world’s industry leaders to make an explicit declaration that Google Cloud is placing generative AI at the center of its offerings with the aim to revolutionize business operations. Unsurprisingly, Google showed its ambition for enterprise AI products goes beyond streamlining tasks as Google CEO,...
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 ReadingTesla start to April in China has been weak and that isn’t good news for weary Tesla investors. Tesla’s “April sales may drop 60% month over month,” added the analyst in a Tuesday evening report. Tesla also underperformed other auto makers...
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In his letter to shareholders, Andy Jassy says says generative AI could usher in the largest tech transformation since the Internet...
Continue ReadingThese stocks are rallying for excellent reasons...
Continue ReadingAmazon.com CEO Andy Jassy is forecasting the company will benefit from cloud-computing demand and the growth of artificial intelligence...
Continue ReadingIf the decisions made by corporate boards of directors can indicate where a company wants to be focusing, Amazon's board just made an interesting move. The company announced on Thursday that Andrew Ng, known for building AI at large tech companies, is joining its board of directors. The company also said that Judy McGrath — best known for her work as a long-time TV executive, running MTV and helping Viacom become a media powerhouse — will be stepping down as a director. Taken together, the two m...
Continue ReadingSoundHound AI has attracted a lot of interest from investors this year, but a superior technology may have just emerged...
Continue ReadingAlphyn Capital Management, an investment management firm, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Master Account of the fund returned 7.1% net in the first quarter compared to 10.6% for the S&P500 Index. As of March 31, 2024, the top ten holdings accounted for approximately 66% of […]...
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