Previous close | 83.39 |
Open | 83.26 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 455.00 |
Expiry date | 2025-03-21 |
Day's range | 83.23 - 83.45 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Reddit shows that growing up fast may be good news for shareholders.
Chip company Arm Holdings' (ARM) disappointing 2025 forecast could be signaling slowdowns in AI demands. Big Tech companies like Meta (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have all announced major investments in building out their AI infrastructures. While the plans show confidence in the future, will they actually pay off? Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Morning Brief to give insight into the AI sector and discuss which companies are in the best position to actually benefit from AI investments. When asked about when investors will see real payoffs from these big investments from AI, Forrest says: "Building out the data center is part of it, then you're going to have companies like Meta, Microsoft, and Amazon (AMZN), and everybody else is going to pile in and start using the generative AI to maybe increase productivity... And I would look for who do you think is most likely to benefit from using generative AI. And we've just mentioned them, right? Amazon, Meta, and Microsoft, and to me Microsoft is really probably [in] the best position because they'll get people to actually pay for it, not just advertising dollars." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Australia announced on Friday that it would hold a parliamentary inquiry to look into the negative impacts of social media platforms, saying they have significant reach and control over what Australians see online, with almost no scrutiny. The government has criticised social media platforms for not being quick enough to remove violent posts and seeks more oversight over content posted on Meta's Facebook, ByteDance's TikTok and Elon Musk-owned X. "Across a range of issues, whether it be the issue of domestic violence, whether it be the radicalisation of our young people, across a range of areas, something that keeps popping up over and over again is the role of social media," Prime Minister Anthony Albanese told reporters.