The rise of generative AI opens up a massive new market for the large cloud providers, but it's also a bit of a reset. Unlike the rise of containers, for example, generative AI is an entirely new market. Some players who have long lagged behind in the overall cloud market -- like Google -- are explicitly betting on this to change their fortunes. But for AWS, that means it's now in a position where it potentially has to defend its lead, something the company isn't used to and something that becam...
Continue ReadingWage growth, low unemployment rates, and artificial intelligence are driving the thriving U.S. economy. Click here to read my most recent analysis...
Continue ReadingThe third-quarter earnings-reporting season is winding down, with each sector taking its turn churning out earnings releases. Several key mega-cap companies reported in October and November. Among those are the so-called “Magnificent Seven,” a group that includes Alphabet, Apple, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla...
Continue ReadingIn this article, we look at the 8 countries ruled by military dictatorship in 2023. You can skip our detailed analysis on the impact of authoritarianism on economic growth and head over directly to the 5 Countries Ruled by Military Dictatorship in 2023. According to a report by the International Institute for Democracy and Electoral […]...
Continue ReadingPerennially ambitious Apple (NASDAQ: AAPL) is plotting how to keep itself powerful and growing in 2024. It's unusual when Apple actually spills the beans on its own. RCS has been widely adopted, with one prominent adoptee being Android, the operating system primarily developed by Apple arch-rival Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google...
Continue Reading(Bloomberg) -- Dell Technologies Inc. has landed a $150 million deal to provide computing hardware to artificial intelligence startup Imbue, a win for the technology giant as it looks to grow its footprint in the AI market.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresIsrael and Hamas Trade Blame Amid Claims of Truce ViolationsUS Yields Tumble as Fedspeak Fuels Rate-Cut Wagers: Markets WrapSing...
Continue ReadingNow comes Artificial Intelligence (AI). With all that in mind, it brings up question: What companies stand at the forefront of AI technology, and how can investors capitalize on this next technological revolution? With its broad array of consumer-facing applications, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is already a leading AI stock...
Continue ReadingAn advanced geothermal project has begun pumping carbon-free electricity onto the Nevada grid to power Google data centers there, Google announced Tuesday. Getting electrons onto the grid for the first time is a milestone many new energy companies never reach, said Tim Latimer, CEO and co-founder of Google's geothermal partner in the project, Houston-based Fervo Energy. “I think it will be big and it will continue to vault geothermal into a lot more prominence than it has been,” Latimer said in an interview...
Continue ReadingOne of the best-performing stocks in this millennium has been Amazon (NASDAQ: AMZN). An investment of $30,000 in Amazon at the start of 2000 would have made you a millionaire now, but if you started with a smaller position and consistently added to it along the way, you may have achieved this feat as well. With Amazon worth around $1.5 trillion, it's basically impossible to repeat its performance...
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