It's no secret that a handful of tech stocks are powering the S&P 500 to record highs. But while that concentration isn't unusual, the lack of even correlation in the broader market is.
YouTube — owned by tech giant Alphabet (GOOG, GOOGL) — is solidifying its position as a dominant force in the streaming sector, according to the latest Nielsen survey. Nielsen's data reveals that YouTube captured a substantial 9.7% of total viewership among streaming services during the month of May. Yahoo Finance's Alexandra Canal breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
AI-boom has prompted startups to release new features to their chatbots as competitors such as Microsoft-backed OpenAI, Google and Amazon.com-backed Anthropic are looking to gain market share by engaging new users. The availability of free two-way voice calls on Character.AI's app has come following OpenAI's announcement on Tuesday that the ChatGPT maker's rollout of the advanced voice mode of its latest model GPT-4o is delayed by one month. Character.AI, co-founded by Noam Shazeer, who helped invent "transformer" AI architecture while at Google that underpins systems like Gemini and ChatGPT, enables users to create customized AI companions with specific personalities and values.