Paramount (PARA) majority owner Shari Redstone is reportedly considering selling the entertainment giant to Skydance media, while Altice USA (ATUS) is considering selling its news arm, Cheddar News, to private equity firm Regent. Both potential deals raise questions around the state of streaming services and potential M&A activity heading into 2024. Matthew Harrigan, Benchmark Analyst, joins Yahoo Finance to give insights into why he feels both headlines are "a bit of a surprise," though he also notes that it media conglomerates are looking to get "more scale" relative to competition from the likes of Netflix (NFLX), Disney (DIS), Amazon (AMZN) and others. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingAccording to analysts, Nvidia Corporation (NASDAQ: NVDA) controls roughly 80% of the AI chip market, when including the custom processors built by companies such as Alphabet (NASDAQ: GOOG)-owned Google and Microsoft Corporation (NASDAQ: MSFT). While Nvidia reported its latest reported quarter revenue tripled with its net income income rising to $9.24 billion, its rivals are pulling out the big guns in their effort to catch up. This week, Advanced Micro Devices Inc (NASDAQ: AMD) unveiled new AI c...
Continue ReadingAs the Magnificent Seven stocks wade through some resistance, Amazon stock tests a buy zone, collaborating on AI with BYD and more...
Continue ReadingThe market is up, but some of the biggest tech stocks in the world are down sharply today...
Continue ReadingiShares S&P 100 ETF is a large portfolio with strong share-price performance and favorable characteristics. Read more on OEF ETF here...
Continue ReadingMag 7 stocks to check out in the stock market today...
Continue ReadingSuper Micro is well-positioned to capitalize on AI chip opportunity because of key partnerships with Nvidia Corporation and AMD. Find out why SMCI stock is a Buy...
Continue ReadingAccording to research by The Motley Fool, technology is one of the hottest industries among Millennials --- which sounds about right, spoken as a Millennial myself. Tech conglomerate Microsoft (NASDAQ: MSFT) has been part of the computing revolution for decades and remains a powerhouse today. Its Windows software business is still a big piece of the company, and Microsoft has pivoted to new technologies like the cloud and artificial intelligence (AI)...
Continue ReadingBuffett might not particularly care for analysts' opinions, but he'd like this one if it turns out to be right...
Continue Reading(Bloomberg) -- Jack Ma essentially invented the e-commerce business in China by co-founding Alibaba Group Holding Ltd. and steering it to the top of the country’s private sector. But a couple weeks ago, the celebrated entrepreneur called out a little-known rival for outpacing his brainchild and becoming a role model for the tech industry.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleBig Tech’s Ability to Deliv...
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