Oklo (OKLO) shares gain after the nuclear energy company, backed by OpenAI CEO Sam Altman, secured new agreements to power data centers. Big Tech companies, like Alphabet (GOOG, GOOGL) and Microsoft (MSFT), have turned to nuclear energy to meet the energy-intensive demands of artificial intelligence (AI) data centers. Catalysts Host Madison Mills examines the performance of electric utility stocks in the context of Big Tech's nuclear push and comments from Tom Steyer, the co-executive chair of Galvanize Climate Solutions, at Yahoo Finance's Invest conference. Watch the complete interview with Steyer here. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan...
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Continue Reading(Bloomberg) -- Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service the social network, the US tech giant’s first ever penalty for EU antitrust violations.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expan...
Continue ReadingOn Thursday Google launched a dedicated app for its AI-powered assistant, Gemini, on iOS globally. Until now, iOS users either had to use the Google app or mobile web to chat with the AI technology. The new Gemini iOS app supports text-based prompts in 35 languages. Plus, users can have a conversation with Gemini through its Gemini Live feature in 12 languages, including English, Spanish, French, German, Hindi, Portuguese, Arabic, Italian, Indonesian, Japanese, Turkish and Vietnamese. Google sai...
Continue ReadingIt marks a major expansion in the AI assistant’s availability on Apple devices...
Continue ReadingNvidia's strong AI demand and Blackwell Superchips drive massive growth. Learn why NVDA stock is a Strong Buy with sustained long-term potential...
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Continue ReadingBlackRock Large Cap Focus Growth Fund posted returns of 1.57% (Institutional shares) and 1.54% (Investor A shares, without sales charge) for the third quarter of 2024...
Continue ReadingShares of cloud-data warehousing stock Snowflake were significantly pared down in the third quarter in favor of an up-and-coming customer relationship management (CRM) company...
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