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Continue ReadingExpectations for strong profit growth from the tech leaders are part of the reason the S&P 500 is trading near record levels...
Continue ReadingThis Super Tuesday, Donald Trump should lock up the Republican Party’s presidential nomination. At issue are Trump’s plans for tariffs on China. In February, the former president said he would put tariffs of 60% or more on imports of Chinese goods to the U.S., alongside a 10% blanket tariff on all imported goods, as part of his campaign to be selected as the Republican nominee...
Continue ReadingApple is expected to have a positive 2024 with its stable position in smartphones and recovery in the PC market. See why we recommend a buy on AAPL stock...
Continue ReadingThe aggregated earnings for S&P 500 companies increased 4% in the fourth quarter from a year earlier...
Continue ReadingExpectations for strong profit growth from the tech leaders are part of the reason the S&P 500 is trading near record levels...
Continue ReadingCutting-edge AI technology and Machine Learning is transforming gas exploration in Europe, enabling companies to uncover hidden reserves and reduce drilling risks...
Continue ReadingA group representing Indian startups has asked the country's antitrust watchdog to order Alphabet Inc's Google to reinstate apps it removed for policy violations, a letter seen by Reuters shows, escalating a showdown with the U.S. giant in a key market. Google on Friday removed more than 100 Indian apps, including popular ones by Matrimony.com, for not complying with its policy of paying a service fee when in-app payment options other than Google's are used. The startups have now taken the issue to Competition Commission of India (CCI)...
Continue ReadingShares of pure play electric vehicle makers slide, while a legacy automaker climbs...
Continue ReadingNvidia (NVDA) has reached an all-time high in trading and shows few signs of slowing down. But are there opportunities in the sector for other companies to make an intervention? Constellation Research founder and analyst R "Ray" Wang and TD Cowen managing director and senior equity research analyst John Blackledge join the Live show to discuss the future of the Magnificent Seven tech stocks and what investors need to keep in mind with so many possibilities in the sector. While Apple (AAPL) has made forays into generative AI, investors say they want more. Wang, however, sees existing potential, such as the expansion of Apple Ferret, an open-source machine learning model, and Apple chips with built-in AI. He signals that the recent regulations levied against Apple rom the Europe Union might affect AI stocks moving forward: "The challenge with AI and regulatory bodies is this is the opportunity for an aspiring politician to save the world and help us with privacy and stop big tech. And without understanding the cost/benefit analysis of what they're going up against. So you are going to see a lot more regulatory pressure and headwinds that are going to affect a lot of these tech companies, especially as government wants to get involved in the regulatory aspect of AI because tech is one of the few industries that is so lightly regulated compared to everything else." Blackledge elaborates on the nature of competition between tech companies in their pursuit of generative AI: "Microsoft (MSFT) and OpenAI clearly won the headline battle last year for sure. Alphabet (GOOG,GOOGL), as far as I was tracking, right, probably in February, March, start to go faster with it. They had some good announcements in IO last year, last May. Obviously we're talking about the Gemini launch and it is going to be a little bit uneven but I do believe it's there for them to do well and to benefit like I was saying earlier with their cloud business, for enterprises and small business, and then with their Gemini suite of products for consumers. I agree, we've heard from all of our companies have reported. They're all using generative AI across their companies for internal functions and what not. We think Alphabet will be there for it. The pressure is definitely on." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
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