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AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.
Remember when Amazon (NASDAQ: AMZN) was best known for selling books online? The company dominates the e-commerce sector. There is almost nothing you can't find available for purchase (with free shipping) on Amazon.
Artificial intelligence (AI) is hot right now. My prediction is that six AI stocks will be worth a combined $20 trillion or more by 2030. It's no coincidence that 6 out of the 7 biggest stocks based on market cap that trade on U.S. exchanges have a major focus on AI.
Nvidia, Alphabet, Apple, Meta and Microsoft are part of Zacks Earnings Preview.
Across 2022, Microsoft (NASDAQ: MSFT) shares lost nearly 30% of their value based on concerns that supply shortages would hamstring tech companies of all shapes and sizes. One of the key reasons -- if not the key reason -- is the company's deep and direct involvement in artificial intelligence (AI). The most prominent spear in Microsoft's AI arsenal is OpenAI, the developer behind the highly popular ChatGPT app.
Finally, technology giant Apple became the world's first $1 trillion company in 2018. Apple has since been joined by Microsoft, Amazon, and Google parent Alphabet in the $1 trillion club. Nvidia (NASDAQ: NVDA) is the world's leading producer of advanced semiconductors, especially those designed to power new technologies like artificial intelligence (AI).
Naver, South Korea’s dominant internet search engine, is set to offer tailored versions of its latest ChatGPT-like artificial intelligence model to foreign governments concerned about US data controls. Unlike Microsoft and Google’s focus on universal AI models, Naver is keen to develop localised AI applications for countries with political sensitivities in the Arab world, as well as for non-English speaking countries such as Spain and Mexico, where governments are keen to have their own AI systems customised to their political and cultural contexts. “This will be a massive business as sovereign AI technology is becoming increasingly important for data protection,” said Sung Nako, a Naver executive in charge of developing hyperscale AI, which involves the organising of computing power and data in the cloud on a massive scale to train and operate AI.
Our phones are a key part of daily life, used for communication, social media updates, and even productivity on the move. Read on to see the cheapest plans.
Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.
Like it or not, tech giants like Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) have an enormous edge over start-ups, as they can leverage their considerable resources to stay ahead of the competition. This article will focus on one critical resource that Alphabet can wield to its advantage. Companies like Alphabet have invested in top-tier talents, research and development, computing infrastructure, operational costs, etc., to remain competitive.
Artificial intelligence (AI) is changing how people work, read, shop, and do just about anything else. Companies have been using AI models for years for all sorts of functions, such as predictions on seasonal shopping demands and inventory management. ChatGPT has captured a lot of attention for its use of generative AI models to create work that mimics human capabilities.
The analysts covering Nvidia (NVDA) are struggling to come up with superlatives to describe the chipmaker's blockbuster quarterly results. Can the AI momentum sustain?
C3.ai (AI) makes its Generative AI Product Suite available publicly on Google Cloud Marketplace, reflecting a strong partnership and user base.
Alphabet's (GOOGL) Waymo joins forces with Uber to deliver an autonomous driving experience to the latter's customers.
YouTube's ad revenue has slumped for three straight quarters, but a big turnaround could be coming soon. On top of that, a shift in viewing to its new Shorts format has weighed on revenue. Here are three reasons YouTube could return to growth soon.
Leading tech companies could come together in an attempt to guide AI -- but it probably won't be enough.
The recent advancements in generative AI and large language models (LLMs) -- which gave birth to next-generation chatbots -- have set off a firestorm of interest from consumers and investors alike. TD Cowen analyst John Blackledge has crunched the numbers and concluded that spending on generative AI software will top $81 billion by 2027, representing a compound annual growth rate (CAGR) of 190%. For those looking to benefit from the AI gold rush without betting the farm, here are three companies with proven track records that provide investors with plenty of upside.
The evolution of artificial intelligence could make search engines, e-commerce platforms, and productivity sites obsolete.
AI image tools, including Adobe Firefly, FaceApp, Midjourney and Try It On, can give people appearances, features and characteristics that, well, aren’t real. WSJ’s Joanna Stern set up an AI photo booth in New York City to test out the tools on random strangers. Photo illustration: Jacob Alexander Nelson for The Wall Street Journal
While Jeff Bezos and Elon Musk go cyberpunk, Sergey Brin is more of a steampunk kinda guy. On Thursday Bloomberg published a glossy feature on an...
Shares across semiconductor sector surge after Silicon Valley chipmaker delivers blowout financial report
Yahoo Finance Live's Akiko Fujita and Seana Smith discuss Nvidia stock soaring amid the company's earnings report, other chip stocks, and AI development.
The technology sector has staged an impressive rebound in 2023 following a forgettable 2022. And these three market heavyweights have been no exception to the momentum, all nearing or making new 52-week highs.
Another subject that has been attracting quite a bit of attention in recent weeks and months is the current state of artificial intelligence (AI) and recent advancements in generative AI. With that as a backdrop, Advanced Micro Devices (NASDAQ: AMD) surged 10.1% and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) climbed 2.9%, while C3.ai (NYSE: AI) fell 2.1% as of 12:26 p.m. ET on Thursday. A check of all the usual suspects -- regulatory filings, earnings results, and changes to analysts' price targets -- turned up nothing in the way of company-specific news driving these AI stocks higher.
Investing.com -- Stocks wobbled on Thursday as Nvidia's (NASDAQ:NVDA) outlook lifted tech stocks despite worries that there still was no resolution to the ongoing debt ceiling standoff.