Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks in the Spotlight Today. On July 28, JMP Securities reiterated its Market Outperform rating on the stock with a $225.00 price target. The rating affirmation follows Google’s launch of Web Guide, an experiment by Search Labs that leverages AI to intelligently organize the search results page. According […]...
Continue ReadingMeta’s important metrics—daily users, ad impressions and price-per-ad—all exceeded the Wall Street consensus...
Continue ReadingApple Inc. (NASDAQ:AAPL) is one of the AI Stocks in the Spotlight Today. On July 28, JPMorgan analyst Samik Chatterjee reiterated an “Overweight” rating on the stock as Apple faces potential business impacts from the ongoing Google antitrust case. According to the firm, Apple receives an estimated $28B globally each year from Alphabet for Google traffic […]...
Continue ReadingTesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a $16.5 billion deal to source chips from Samsung Electronics. While the move may boost Samsung’s unprofitable contract business, several sources believe that it is unlikely to help Tesla sell more EVs or roll out […]...
Continue ReadingThe One Big Beautiful Bill Act, signed into law in early July, allows companies to deduct certain investments in the year that they're made, an accounting change that may incentivize tech giants to spend even more on Nvidia's top-of-the-line chips...
Continue ReadingMicrosoft stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech giant on track to hit a $4 trillion market cap. The beat was driven in part by double-digit revenue growth in the tech firm’s closely watched Azure cloud business. Microsoft posted adjusted earnings of $3.65 a share on revenue of $76.4 billion for the fiscal fourth quarter...
Continue ReadingData center firm Equinix raised its forecast for annual results on Wednesday, signaling steady demand from its enterprise customers investing in AI solutions. The company has benefited from the increased demand for data center infrastructure amid a surge in artificial intelligence usage. Major cloud firms, including Google, have pledged significant investments this year to expand on AI, underscoring robust demand for AI-related products and solutions...
Continue ReadingThe developers are also required to submit proof that an authoritative third-party body has declared the app to be a "game of skill," the company proposed...
Continue ReadingReddit will release its second quarter earnings results after the bell Thursday...
Continue ReadingFranklin Templeton sees long-term potential in global equities despite short-term setbacks. Discover their resilient portfolio strategy and Q2 market insights...
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