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(Bloomberg) -- OpenAI is rolling out a search product to all users of its chatbot ChatGPT beginning on Monday, escalating its rivalry with Alphabet Inc.’s Google.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe product, called ChatGPT Search, will be available to any user who is logged in with an account for the chatbot across...
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D-Wave Quantum's financials show minimal revenue growth, substantial operating losses, and continuous shareholder dilution, making it a risky investment. Click for more on QBTS...
Continue ReadingGoogle DeepMind, Google's flagship AI research lab, wants to beat OpenAI at the video generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google's portfolio. Veo 2 can create two-minute-plus clips in resolutions up to 4k (4096 x 2160 pixels). Notably, that's 4x the resolution — and over 6x the duration — OpenAI's Sora can achieve. It's a the...
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Mega-cap Big Tech names are outperforming in markets again, but can they keep the same momentum they once had? NYSE Senior Market Strategist Michael Reinking joins Morning Brief to discuss his outlook on breadth within the stock market. Reinking notes that the market (^DJI, ^IXIC, ^GSPC) expanded in breadth post-election, with mega-cap tech stocks beginning to recover. "We're at kind of an area where you'd like to see that breadth expansion start to... pick back up," he says, highlighting concerns about higher inflation and the potential for fewer rate cuts in 2025. He identifies financials and industrials as sectors positioned to benefit from increased market breadth expansion. Regarding a catalyst for market breadth, Reinking characterizes it as "a prove it story," noting the earnings gap between the Magnificent 7 and the other equal-weighted stocks in the S&P 500 (^GSPC) is likely to narrow. "It's going to be a situation where you need to see companies, A) being able to meet their earnings expectations, but you want to see the earnings revisions start to move more positively for that equal weight... contingent," he explains. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...
Continue ReadingBlue Owl Capital shares a spot on IBD Leaderboard with Nvidia, Meta and Google. But only Owl stock pulls off this stock-list trifecta...
Continue ReadingEarlier this month, a US federal appeals court made a decision that required ByteDance, TikTok’s parent company, to divest itself or face a ban in the US. The app, which is used by 170 million Americans, is accused of spying on American citizens and storing their data. The court believes that all of the constitutional […]...
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Continue ReadingInvesting.com -- Robotaxis are unlikely to see significant usage before 2027, as operational costs, regulatory hurdles, and the slow pace of scaled commercialisation limit near-term adoption, Jefferies said in a note...
Continue ReadingDiscover why Google is undervalued despite high ROIC, strong AI advancements, and a quantum computing breakthrough. Click here to read my analysis of GOOG...
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