Tag AMZN
It's been a busy week for Big Tech. Not only did Microsoft (MSFT) and Meta (META) both beat big on earnings this quarter, but Microsoft officially reached a $4 trillion market cap. Additionally, Apple (AAPL) and Amazon (AMZN) are getting ready to report quarterly results on Thursday after the markets close. Jefferies senior analyst Brent Thill and Yahoo Finance Technology Editor Dan Howley join Market Catalysts with Julie Hyman to discuss Meta's artificial intelligence (AI) capital expenditure (CapEx) spending and whether the numbers are showing a return on investment (ROI) yet. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts...
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Zuckerberg has chosen Shengjia Zhao as the Chief AI scientist for his superintelligence division...
Continue ReadingMeta Platforms stock is surging on the back of the company’s successful integration of artificial intelligence into its social-media platforms. Here’s what you need to know about Meta’s plans and what it means for the stock...
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Ferrari reported another strong quarter and said the EU-US preliminary tariff deal of 15% on imported goods means it has removed tariff costs from its margin forecast. But investors were looking for more — likely hiked guidance...
Continue ReadingGibo Holdings Ltd. 49,798,993 0.0709...
Continue ReadingMicrosoft's market cap passed the $4 trillion mark today...
Continue ReadingIONQ and NVDA are racing into quantum computing, but only one shows strong earnings, growth, and valuation support...
Continue ReadingMicrosoft’s market capitalization climbed past the $4 trillion mark on Thursday morning following a spectacular set of quarterly earnings that underscored the company’s dominance in the artificial intelligence landscape. With its stake in OpenAI, the creator of ChatGPT; the undisputed leadership of its operating system in global business; and its fast-accelerating cloud-computing division, Microsoft is evolving into the world’s most important company. The group generated $76.4 billion of revenue in the June quarter, the final three months of its fiscal year, taking the annual tally to $282 billion...
Continue ReadingKnit, the AI-powered platform transforming how enterprises conduct consumer research, today announced it has raised $16.1 million in Series A funding. The round was led by GFT Ventures and Ashton Kutcher's Sound Ventures with continued participation from Silicon Road Ventures, Osage Ventures, Rise of the Rest, and others. Notable angel investors such as David Kirk, former Chief Scientist at NVIDIA, and Gokul Rajaram, founding partner of Marathon Management, also participated in this round...
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