The following are the top stories from The Globe and Mail. Canada's largest newspaper chains Postmedia Network Canada and Nordstar-owned Toronto Star called off merger plans on Monday, with NordStar citing "financial uncertainty" that came with a proposed marriage to debt-heavy partner Postmedia. Ottawa made a bid Monday to bring Alphabet's Google and Facebook onside with its Online News Act, proposing a set of regulations designed to address many of the tech giants' concerns with the legislation...
Continue ReadingAlphabet Inc. has a near-monopoly position in search and a pristine balance sheet. Click here to find out why GOOG stock is rated as a buy...
Continue ReadingOakmark Funds, advised by Harris Associates, released its “Oakmark Global Select Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. The fund generated a 5.7% return in the second quarter underperforming the MSCI World Index’s 6.8% return. Year-to-date, the fund returned 15.3% compared to a 15.1% return for the benchmark. In […]...
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Continue ReadingNvidia (NASDAQ: NVDA) stock is up nearly 190% since the beginning of the year as the growth of the generative AI market sparked a buying frenzy in its high-end data-center graphics processing units (GPUs), which are used to process advanced machine learning and AI tasks. Most of the top generative AI platforms like ChatGPT use Nvidia's GPUs, so it seems poised to profit from the expansion of the global AI market, which Grand View Research expects to grow at a compound annual growth rate (CAGR) of 37% from 2023 to 2030. Nvidia also remains the market leader in discrete GPUs for high-end PC games...
Continue ReadingLucovsky's exit follows the death Google's AR headset, a recent round of layoffs and the resignation of Google’s VR veteran, Clay Bavor...
Continue ReadingAmazon said it shouldn't be subject to the Digital Services Act as the majority of its business is concentrated in online retail...
Continue ReadingNvidia has a lot more going for it than data-center AI right now, but a primary competitor may come as a surprise...
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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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