No one needs a chatbot to understand that Amazon com is going to get a big boost to its cloud business from artificial intelligence. New Street Research analyst Dan Salmon has provided an answer, and it is a stunner. Salmon estimates that AI-related workloads will represent 21% of Amazon Web Services revenue in 2025.
Warren Buffett is one of the most quoted men in history, and rightly so. Buffett offers some of the very best investment advice in the world, and he presents it in a folksy, easy-to-understand way...
Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm.
Alibaba stock rose on Friday amid its longest winning streak in a year, but investors shouldn’t be too excited: shares in the Chinese tech giant are still near multiyear lows, with lots of reason for caution even as the bull case looks exciting. Shares in Alibaba rose 2% in U.S. premarket trading on Friday, with the stock on track for its seventh consecutive day in the green. Alibaba stock is down more than 75% from its late-2020 record high.
We review the latest business updates from a growth company and a data centre REIT. The post Top Stock Market Highlights of the Week: Nanofilm Technologies, Wilmar International and Digital Core REIT appeared first on The Smart Investor.
Given Intel’s household name and status on the Dow Jones Industrial Average for a quarter century, you’d think it would have turned in a superstar performance over the last decade.
The March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
In this article, we will take a detailed look at the 10 Cathie Wood Stocks Insiders are Selling. For a quick overview of such stocks, read our article 5 Cathie Wood Stocks Insiders are Selling. There was a time Cathie Wood talked about her famous “five-year investment horizon” with confidence, giving investors hope that the high-growth, cash-burning companies she […]
In this article, we will take a detailed look at the 11 Best Retail Dividend Stocks to Buy. If you want to skip our detailed analysis of the retail industry and see the top 5 stocks in this list, click 5 Best Retail Dividend Stocks to Buy. Investors are slowly beginning to give up on hopes of seeing […]
Tech company’s shares rise as it plans to reward investors after strong quarterly results
"And that's why it was kind of shocking to see bond yields rise on a day where GDP was a big miss."
In this article, we’ll take a look into Goldman Sachs’ top 15 stock picks for 2024. If you prefer to skip the introduction about the investment bank and its recent business developments, you can just dive straight into Goldman Sachs’ Top 5 Stock Picks for 2024. Established in 1869 by German immigrant Marcus Goldman, Goldman […]
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Japanese government bond futures rose in extended trading while bond yields declined and the yen plumbed fresh 34-year lows on Friday after the Bank of Japan confirmed that its bond purchase amounts would remain unchanged for now. Investors had been primed for a tapering of bond buying by the central bank after Jiji news agency reported overnight that policymakers would consider measures to reduce purchases at the two-day policy meeting that concluded in the early Tokyo afternoon. In the end the BOJ kept its target rate unchanged as expected but issued a simplified statement that removed a reference to buying JGBs at a pace of about 6 trillion yen ($38.3 billion) per month, leaving some doubts in market participants' minds about the fate of the bond-purchase program.
Petron Malaysia Refining & Marketing Bhd's ( KLSE:PETRONM ) dividend is being reduced from last year's payment covering...
Kinder Morgan, Inc. ( NYSE:KMI ) will increase its dividend from last year's comparable payment on the 15th of May to...
Stellantis (STLA) closed at $24.74 in the latest trading session, marking a +0.57% move from the prior day.
Both Alphabet (GOOG, GOOGL) and Microsoft (MSFT) posted quarterly results that topped Wall Street estimates. The big takeaway from both reports? That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's (META) AI spending, Mortonson thinks it may come down to "a game of positioning." "Meta was extremely crowded going into the print. There's some people that, quite frankly, didn't like some of the unprofitable spend," Mortonson says. He believes that Meta is "very attractive" given how hard the stock was hit by its results, but the Microsoft does have a "huge advantage" due to its enterprise business. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies."The bidding bonanza for UK-listed firms goes on, and this is acting as a constant reminder to global investors that, even with the FTSE 100 at a record high, UK stocks look cheap compared to their US cousins," said IG chief market analyst Chris Beauchamp.
CMS Energy Corporation ( NYSE:CMS ) will pay a dividend of $0.515 on the 31st of May. This takes the annual payment to...
George Osborne has insisted a money-printing spree that is set to cost the taxpayer £100bn seemed “sensible at the time”.
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