Microsoft's (MSFT) fourth-quarter fiscal 2023 performance is likely to have been aided by sluggish yet continued momentum in Azure cloud platform and advancements in generative AI to sustain growth...
Continue ReadingEaton Vance Enhanced Equity Income Fund invests in a portfolio of common stocks and sells covered calls against its holdings. Click for more on the EOI CEF...
Continue ReadingUBS’s Lloyd Walmsley suggests Alphabet's Google could price Duet AI at a significant discount to Microsoft's Copilot...
Continue ReadingCNBC's Steve Kovach joins 'The Exchange' to discuss Google's new tool that uses AI to write news stories, Google's effort to market AI tools to news organizations, and how AI will disrupt employment...
Continue ReadingMobileye clarified that it will not compete in robotaxi market with companies like Uber and Waymo, impacting revenue expectations. Find out why MBLY stock is a Hold...
Continue ReadingNetflix, Inc. reported mixed Q2 earnings with strong subscriber growth but missing revenue estimates. Click here to read my earnings analysis of the NFLX stock...
Continue ReadingYouTube, Google's video streaming platform, hiked prices on its monthly and annual premium plans in the United States. The YouTube Premium plan would cost $13.99 a month in the U.S., up $2 from before, according to the company's website on Thursday. Google did not immediately respond to Reuters' request for a comment...
Continue ReadingO'Keefe Stevens Advisory's top 5 holdings represented ~40% of assets, with NVDA ~24% of the portfolio at the end of Q2 '23. Click here to read the full fund letter...
Continue ReadingThe Federal Trade Commission (FTC) is an independent agency of the U.S. government tasked with protecting consumers from unfair business practices. It's fresh off a big loss in court against Microsoft (NASDAQ: MSFT) after trying to block that company's $69 billion acquisition of game developer Activision Blizzard on the basis it would reduce competition. The FTC is now going after OpenAI, the developer behind the revolutionary artificial intelligence-powered online chatbot, ChatGPT...
Continue ReadingAWS's moat appears to be coming under pressure with declining margins and market share. Read more about AMZN stock here...
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