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Nvidia and AMD look to be big AI infrastructure beneficiaries. Meta and Pinterest are using AI to improve user engagement and their ad campaigns. Alphabet's collection of strong businesses should not be overlooked...
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STOCKHOLM (Reuters) -With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians. Groups representing big U.S. tech companies such as Google owner Alphabet and Facebook owner Meta, and European companies such as Mistral and ASML have urged the European Commission to delay the AI Act by years. The rules for general purpose AI (GPAI) models take effect on Aug. 2, a Commission spokesperson reiterated, adding that the powers for enforcing those rules start only on August 2 2026...
Continue ReadingNvidia, Microsoft, and Apple have contributed significant gains to the S&P 500 over the last decade. Many excellent tech companies make up a fraction of the S&P 500 but are better represented in the Vanguard Information Technology ETF. The tech sector is valued based on future earnings growth, so delivering on expectations is paramount to justify lofty valuations...
Continue ReadingThe S&P 500 and Nasdaq both notched solid gains for Wednesday, led by a pickup in tech stocks. Apple and Nvidia—both valued at more than $3 trillion—jumped more than 2% during the day. The Dow slipped about 10 points by the close, though...
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Amazon is using artificial intelligence and robotics to create new revenue streams and improve profit margins across its three businesses...
Continue ReadingAs the July 9 tariff deadline approaches, expect more deals in coming days, but the drama is far from over. Who is in and who is out—for now...
Continue ReadingTSLQ offers 2x inverse TSLA exposure but carries decay, high fees, and trading risks, making it unsuitable for most investors. Learn why TSLQ ETF is a sell...
Continue Reading(Bloomberg) -- President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesWhat Gothenburg Got Out of Congestion Prici...
Continue ReadingMeta Platforms impresses with strong ads, AI, and financials, but Reality Labs losses raise flags. Find out why META stock is downgraded to hold...
Continue ReadingAll of the Magnificent Seven companies, except for Nvidia, are expected to report their next set of financial results at the end July...
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