Equity analyst Dan Ives see artificial intelligence (AI) as the fourth industrial revolution, and Wall Street is broadly bullish on Alphabet and Pinterest. Alphabet's Google is the largest ad tech company and third-largest public cloud,
The artificial intelligence (AI) analytics company Palantir Technologies (NYSE: PLTR) enjoyed quite the run in the market, surging this year partly due to the AI trade. Palantir's stock is up nearly 285% this year.
While much of the media's attention has been squarely focused on Nvidia, longtime tech behemoth Microsoft (NASDAQ: MSFT) is an artificial intelligence (AI) force to be reckoned with as well. Aside from this direct investment,
Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday." His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his peers.
To be clear, the idea that an AI-related fever could keep driving stock prices higher hasn't been forgotten among Wall Street strategists. Just two weeks ago, Evercore ISI's Julian Emanuel wrote that he sees the S&P 500 reaching 6,600 by June 2025 as ...
We recently published a list of 15 AI News Updates Taking Wall Street By Storm. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other AI news updates taking Wall Street by storm. xAI, the AI startup ...
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at least $11 billion since it was launched by Elon Musk last year.
AI companies in the United States, many of whom have extensive business relations in China, are waiting anxiously for President-elect Donald Trump to assume office and announce possible changes to
The artificial intelligence boom has sent Wall Street bankers, private equity giants, and debt financiers into a frenzy as they scramble to get a piece of the $1 trillion—and possibly $2 trillion—needed to power AI’s takeover of the world.
Semtech is forecasting Q4 sales that handily beat the Street consensus by $9 million, and its Q4 EPS projection of 32c also nicely beat the Street’s estimate by 6c, the advisory told investors ...
Hundreds of LLM-powered AI agents spontaneously made friends, invented jobs, and spread religion. The game was created from clips and keyboard inputs alone, as a demo for real-time interactive ...