Amazon management has done an excellent job growing into investments made during the pandemic...
Continue Reading(Bloomberg) -- Alphabet Inc., Amazon.com Inc. and Microsoft Corp. received inquiries from the US Federal Trade Commission on their investments and partnerships with artificial intelligence startups Anthropic and OpenAI, part of a study on how AI is impacting competition in the technology industry.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS Extends Lead Over China in Race for World’s Biggest...
Continue ReadingThe Federal Trade Commission has launched an inquiry into Big Tech investments and partnerships—including Microsoft (MSFT), Amazon (AMZN) and Alphabet-owned Google (GOOG, GOOGL) – demanding information and documents concerning investment into AI developers including OpenAI and Anthropic, citing concerns of lack of competition. Specifically, the FTC and its Chair, Lina Khan, are exploring whether some of the world's biggest tech firms are potentially cornering the market of generative AI, allowing the field to be controlled by a select few players. Yahoo Finance’s Alexis Keenan breaks down the inquiry and what how the AI regulation landscape is changing. 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 Eyek Ntekim...
Continue Reading(Bloomberg) -- Nicole Kidman showed up in Hong Kong to shoot the new Amazon miniseries, Expats, at a particularly awkward moment for the city. It was August 2021, when China (and by extension, Hong Kong) was steadfastly clinging to Covid Zero practices. Strictures included not just masks but school shutdowns, plexiglass partitions to separate diners in restaurants and—deeply infuriating to residents—one to three weeks of mandatory hotel quarantine for anyone arriving from overseas.Most Read from...
Continue ReadingAmazon.com's AWS said on Thursday it plans to invest $10 billion to build two data center complexes in Mississippi, its latest capacity expansion amid growing demand for cloud services as more firms adopt new artificial intelligence technologies. Businesses are doubling down on AI development and majority of that traffic is expected to be managed on the cloud infrastructure from Amazon Web Services (AWS), Google Cloud and Microsoft's Azure — the top three vendors globally. AWS' Mississippi expansion plan comes days after it announced a more than $15 billion investment in Japan, and Google's move to set up a data center just outside of London for $1 billion...
Continue ReadingBusinesses are doubling down on AI development and majority of that traffic is expected to be managed on the cloud infrastructure from Amazon Web Services (AWS), Google Cloud and Microsoft's Azure — the top three vendors globally. AWS' Mississippi expansion plan comes days after it announced a more than $15 billion investment in Japan, and Google's move to set up a data center just outside of London for $1 billion...
Continue ReadingIn my opinion, investors have 3 primary sub-sectors in order to have exposure to the AI revolution, semiconductors, software and hyperscalers. Read more here...
Continue ReadingWe compare 2 high-yielding monthly dividend ETFs and share our take on which one makes for a better passive income machine. Read more on JEPI and SPYI ETFs here...
Continue ReadingThe Patient Opportunity Equity strategy advanced 37.6% net of fees, nicely beating the S&P 500âs 26.3% return. Click here to read the full fund letter...
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