Despite growing competition from AV entrants in the ride-hailing market, sector giant Uber continues to make positive progress as it leans into partnerships with AV companies...
Continue ReadingAlphabet (GOOG, GOOGL) stock is climbing after Google announced that its artificial intelligence (AI) assistant, Gemini, is coming to Galaxy smart watches. Bloom Energy (BE) gains after JPMorgan upgraded the stock to Overweight from Neutral, citing tailwinds from a surprise tax credit in Trump's big, beautiful bill. UnitedHealth (UNH) is reportedly under investigation by the Department of Justice for its billing practices, according to The Wall Street Journal. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here...
Continue ReadingInvesting.com -- Apple Inc. (NASDAQ:AAPL) should acquire Perplexity AI Inc. to strengthen its artificial intelligence offerings, according to Wedbush analyst Daniel Ives, who called the potential acquisition a "no brainer."...
Continue Reading(Bloomberg) -- Samsung Electronics Co. introduced three new foldable smartphones in an effort to cement its grip on the category and broaden mainstream appeal before Apple Inc. debuts its first version next year.Most Read from BloombergSinger Akon’s Failed Futuristic City in Senegal Ends Up a $1 Billion ResortAre Tourists Ruining Europe? How Locals Are Pushing BackCan Americans Just Stop Building New Highways?Denver City Hall Takes a Page From NASAPhiladelphia Trash Piles Up as Garbage Workers’...
Continue ReadingAs the market enters the second half of the year, AI is primed to remain the darling of dealmaking for 2025...
Continue ReadingThe launch marks Perplexity AI's entry into the competitive browser market, aiming to replace traditional navigation with agentic AI that can think, act, and decide on behalf of users. Google Chrome held a commanding 68% share of the global browser market in June, according to StatCounter, cementing its position as the world’s most widely used browser—far ahead of Safari, Microsoft Edge, and Firefox...
Continue ReadingOppenheimer analysts raised their price target for Google parent Alphabet stock after survey data revealed a strong preference for the tech giant’s new AI search tools over competitors like ChatGPT...
Continue ReadingMeta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse...
Continue ReadingNvidia became the first company to cross a $4 trillion market capitalization on Wednesday. Shares need to close above $163.93 to be the first firm to end a session with a market cap of $4 trillion or more. Aside from Nvidia, Amazon.com, Microsoft, Meta Platforms, and Alphabet were all up nearly 2% on Wednesday...
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