Apple’s back above $3 trillion, Elon Musk’s AI start-up is raising $1 billion, bank CEOs emphasize economic risks of new capital proposals, and other news to start your day...
Continue ReadingTesla's groundbreaking Cybertruck has potential to disrupt the pickup truck market, generating billions in annual sales. Click here for my TSLA update...
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Continue ReadingThe "magnificent seven" when referencing stocks is a term created by investing personality Jim Cramer and includes the seven stocks he thinks control the market. On the other end of the spectrum is Nvidia, which increased by more than 200%. Nvidia's 2023 rise can be attributed to one trend: artificial intelligence (AI)...
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Continue ReadingUnidentified governments are surveilling smartphone users via their apps' push notifications, a U.S. senator warned on Wednesday. In a letter to the Department of Justice, Senator Ron Wyden said foreign officials were demanding the data from Alphabet's Google and Apple. Apps of all kinds rely on push notifications to alert smartphone users to incoming messages, breaking news, and other updates...
Continue ReadingSalesforce's delivery of another profitable growth quarter, alongside raised forward guidance, has been a boon to stock in recent weeks. Find out why CRM stock is a Buy...
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Continue ReadingU.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when she ruled that Microsoft's $69 billion deal to buy "Call of Duty" maker Activision Blizzard was legal under competition law, in their latest attempt to stop the deal. Microsoft closed the deal, originally proposed in January 2022 as the biggest acquisition in the history of the gaming industry, on Oct. 13 of this year after obtaining the approval of British regulators. The Federal Trade Commission, however, is expected to tell a three-judge appeals court panel in California that the lower-court judge held the agency to too high a standard, effectively requiring it to prove that the deal was anticompetitive when the standard is simply that the deal raises serious competitive concerns...
Continue ReadingData from Grand View Research shows global cryptocurrency revenue hit $5 billion last year and is projected to expand at a compound annual growth rate (CAGR) of 12% through 2030. While that growth is not insignificant, it pales in comparison to the artificial intelligence (AI) market's CAGR of 37% for the rest of the decade and value of $137 billion. Excitement over cryptocurrency faltered in recent years as volatility caused pullback from investors...
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