Microsoft's current valuation seems stretched compared to some AI-fueled peers, limiting potential upside for investors. Learn why MSFT stock is a Hold...
Continue ReadingMicrosoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback on the model, the company said in a statement. "Sora is able to generate complex scenes with multiple characters, specific types of motion, and accurate details of the subject and background," the statement said, adding that it can create multiple shots within a single video...
Continue ReadingArtificial intelligence developer OpenAI — which Microsoft (MSFT) owns a 49% stake in — is reportedly developing a web search product to rival that of Alphabet's Google (GOOG, GOOGL), according to The Information. Yahoo Finance Tech Editor Dan Howley breaks down the report, also discussing Microsoft's plans to expand Xbox's exclusive gaming titles to now be available to play on Sony's PlayStation 5 and the Nintendo Switch. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
Continue ReadingGoogle stock fell on a report that rival OpenAI could be planning to launch its own web search tool...
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Continue ReadingA tech-fuelled rally in Asia, powered by the world's largest contract chipmaker TSMC has equities perking up, while Japan's sudden dip into recession put a question mark on the timing of the Bank of Japan's exit from ultra-loose policy. Also boosting sentiment in the tech space was Nvidia , surging past Google-parent Alphabet to become the third-most valuable U.S. company on Wednesday, after just overtaking Amazon ahead of the chipmaker's earnings next week. TSMC, which is a major Nvidia supplier, soared 8% to a new high and is on track to clock its biggest one-day percentage gain since November 2022...
Continue ReadingFor 2023, Vision Capital returned +69.9% versus the S&P 500âs +24.0%. Click here to read the full fund letter...
Continue ReadingWall Street’s favorite artificial intelligence darling is continuing to swell to staggering heights...
Continue ReadingGabelli Funds' 13F portfolio value increased by approximately 5% in Q4 2023. Click here to read more about Mario Gabelli's holdings and trades for Q4 2023...
Continue ReadingYahoo Finance's Jared Blikre, Jennifer Schonberger, and Josh Schafer highlight the top stories making waves in equity markets and the US economy. Nvidia (NVDA) momentarily takes the lead over Alphabet (GOOG, GOOGL) for the third-largest market cap. Chicago Fed President Austan Goolsbee calmed distress relating to the January CPI report's forecast on interest rate cuts while speaking before the Council on Foreign Relations. Lastly, layoffs and share buyback programs are some of the core themes across mega-cap stocks this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
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