NVDA has chosen to sell its GPUs to hyperscalers and launch its cloud-native AI-training infrastructure at the same time. Click here to read our analysis...
Continue ReadingGrowth stocks are currently out of favor, being down more than the S&P 500 over the previous 12 months. Read more here...
Continue ReadingIn this article, I will show you how you could allocate $25,000 among 10 dividend income and dividend growth companies as well as ETFs. Read more here...
Continue ReadingGoogle on Friday released an audit that examined how its policies and services impacted civil rights, and recommended the tech giant take steps to tackle misinformation and hate speech, following pressure by advocates to hold such a review. The disclosure by the company came after the Washington Post reported earlier on Friday that Google tapped an outside law firm to conduct a civil rights review...
Continue ReadingEnterprise spending on cloud computing, largely seen as immune to economic turbulence, continues to grow, but at a slower pace as tech leaders are under pressure to control costs. Zach Nimboorkar, a senior vice president of global technology services at Schneider Electric SE said the French energy and automation company began moving to the cloud a few years ago, and soon realized it needed to rein in its cloud spending across its hundreds of accounts on Amazon.com cloud platform. Mr. Nimboorkar said the company has since built a dedicated team to manage its Amazon Web Services spending and invested in a third-party cloud spending management tool...
Continue ReadingDEEP DIVE So far this year, the S&P 500 information technology sector has risen 10%, providing some comfort to investors following a 29% decline in 2022. Then again, the depressing new focus on cost-cutting, including a painful round of layoffs, means it might benefit investors to see which companies were already improving their profit margins while still growing sales during their most recent reported quarters...
Continue ReadingQ3 2023 C3.ai Inc Earnings Call...
Continue Reading(Bloomberg) -- Artificial intelligence is the buzziest of buzz words on Wall Street. Apart, that is, for the two firms that are seen to be at the cutting edge of the technology.Most Read from BloombergFed Event Scrapped After Participant Shows Porn in Zoom RoomIsrael’s Window to Strike Iran Narrows as Putin Enters EquationiPhone Maker Plans $700 Million India Plant in Shift From ChinaSingapore PM Lee’s Estranged Brother Weighs Presidential RunAmericans Need to Be Richer Than Ever to Buy Their Fi...
Continue ReadingOn February 28, 2023, Zoom Video Communications, Inc (NASDAQ: ZM) terminated the employment of Greg Tomb as the President, effective March 3, 2023. Tomb will receive the severance benefits payable per his previously disclosed employment arrangements that are payable upon a “termination without cause.” Zoom said the company is not looking to find a replacement now, a spokesperson told Bloomberg. The former Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google executive had taken a high-profile role...
Continue ReadingThe "Halftime Report" traders give their top picks to watch for the second half...
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