Another subject that has been attracting quite a bit of attention in recent weeks and months is the current state of artificial intelligence (AI) and recent advancements in generative AI. With that as a backdrop, Advanced Micro Devices (NASDAQ: AMD) surged 10.1% and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) climbed 2.9%, while C3.ai (NYSE: AI) fell 2.1% as of 12:26 p.m. ET on Thursday. A check of all the usual suspects -- regulatory filings, earnings results, and changes to analysts' price targets -- turned up nothing in the way of company-specific news driving these AI stocks higher...
Continue ReadingTalk of regulation has become inseparable from the conversation on artificial intelligence. OpenAI's CEO -- Sam Altman, with his eyes set on the coming, unpredictable surge of artificial superintelligence -- has been a notable leader in the conversation, testifying earlier in May that government regulation of the blooming industry is absolutely vital in the long run. Both Google and Microsoft have additionally touted the importance of safety and responsibility when working with AI...
Continue ReadingRivian Automotive has hit a rough patch. Wall Street isn’t giving up on the stock, though, and vertical integration is one reason for that. Vertical integration refers to a company owning or participating in all parts of its value chain...
Continue ReadingGoogle seems well-positioned to compete fiercely in the AI race. Click here to find out why I think GOOG stock is trading fairly at current levels...
Continue ReadingThis week Microsoft gave developers a slew of new tools to take advantage of artificial intelligence, thanks to a broad alliance with startup OpenAI...
Continue ReadingDirecTV gave up NFL Sunday Ticket residential rights for next season, but it will continue to be the commercial provider for the package...
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