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Amazon and Alphabet both have significant AI exposure through cloud computing...
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Microsoft on Thursday briefly overtook Apple as the world's most valuable company for the first time since 2021 after the iPhone maker's shares made a weak start to the year on growing concerns over demand. Microsoft's shares have risen sharply since last year thanks to the early lead the company has taken in generative artificial intelligence through an investment in ChatGPT-maker OpenAI. The stock rose as much as 2% earlier in the session and Microsoft was briefly worth $2.903 trillion...
Continue ReadingMicrosoft (MSFT) and OpenAI are making significant advancements in the AI space with the launch of the GPT store by creating a marketplace for specialized chatbot agents...
Continue ReadingElectric automaker Tesla has told production workers in the United States that they will get a pay hike, according to a Bloomberg News report on Thursday. The move comes as carmakers whose workers are not unionized have been raising pay after the United Auto Workers (UAW) union reached new labor deals with the Detroit Three - Ford, Stellantis and General Motors. The UAW deals included a 25% increase in base wages through 2028, a cut in the time needed to reach top pay to three years from eight years and a 150% boost to temporary workers' pay...
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Amazon.com did not file remedies to the European Commission over its proposed $1.7 billion acquisition of iRobot by the deadline. According to The Wall Street Journal, the deadline for companies to submit remedies to the European Commission when a merger proposal is being looked into typically falls on the 65th working day of Phase 2 of the investigation. As of Thursday morning, the European Commission website had not been updated with any concession from Amazon...
Continue ReadingAfter missing out on the generative artificial intelligence craze last year, Apple will be playing catch-up in 2024...
Continue ReadingMeta Platforms is fueling its recovery through AI, surpassing expectations and potentially re-testing all-time highs. Learn more about META stock here...
Continue ReadingBig techs led the market Wednesday. Microsoft flashed a buy signal, nearing Apple's valuation. The SEC approved Bitcoin ETFs. The CPI inflation report is due...
Continue ReadingIBM (NYSE: IBM) today announced its collaboration with SAP to develop solutions to help clients in the consumer packaged goods and retail industries enhance their supply chain, finance operations, sales and services using generative AI...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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