AI

Nvidia Tops Hedge Fund Buys as Interest in AI Stocks Fuel Market Gains: Bloomberg
Microsoft's Massive €4 Billion Investment In French Tech And A Stunning 9% Stock Recovery Could Propel Their Shares Towards $500
Artificial Intelligence Players Must Weigh High Rewards With Immense Risks: Moody's
Microsoft's Massive €4 Billion Investment In French Tech And A Stunning 9% Stock Recovery Could Propel Their Shares Towards $500
Artificial Intelligence Players Must Weigh High Rewards With Immense Risks: Moody's
What's Going On With Oracle Corporation Shares Wednesday?
Tanking Profit Overshadowed Alibaba's AI Growth And Reignited Domestic E-Commerce

AI Recent News

AI On iOS To 'Drive Higher Institutional Ownership' Of Apple's iPhone, Analyst Sees 23.5% Upside
BofA Securities analyst Wamsi Mohan maintained his Buy rating on Apple stock with price target of $230 a share.
The 'Silent' Billionaires Cashing In On The AI Boom (Besides Nvidia's Jensen Huang And OpenAI's Sam Altman)
Here's a breakdown of the notable executives who reaped substantial gains by spearheading the AI revolution at their respective companies (or by just being in the right place at the right time)/
High-Performance Memory Chip Supply To Stay Tight In 2024 Amid Surging AI Demand, Major Manufacturers Face Shortages
The global supply of high-performance memory chips is expected to remain constrained throughout 2024, driven by the soaring demand for artificial intelligence technology.
China's Semiconductor Spending Tops US With $142B Commitment: Global Chip Race Heats Up
Western governments prioritize securing chip supply to compete with China, as seen through Biden's $32.8B incentives, export restrictions, and ASML concerns.
Baidu to Report Q1 Earnings: What's in the Offing?
Baidu, Inc. (NASDAQ: BIDU) is scheduled to report first-quarter 2024 results on May 16. The Zacks Consensus Estimate for revenues is pegged at $4.31 billion, indicating a decline of 4.9% from the year-ago quarter's reported figure.
HSBC Analyst Sees Nvidia Stock Climbing Another 50% On Strong Pricing Power, AI Roadmap
HSBC Global Research maintained Nvidia Corp (NASDAQ:NVDA) with a Buy rating Monday and lifted its 12-month price target as the firm believes the chipmaker's strong pricing power will allow the company to continue to deliver upside surprises through fiscal-year 2026.
NEXT Trucking Releases Expert Tools to Tackle Supply Chain Complexity
Long Beach, California-based NEXT Trucking recently announced product and program updates as part of its tech stack improvements following its merger with Chicago-based digital freight broker CDL-1000.
AI Focus At Google I/O: Analyst Anticipates Groundbreaking Announcements In Search, Mobile Tech
BofA analyst maintains Buy rating on Alphabet Inc, expects I/O to showcase AI integration and new features for SGE and mobile devices.
AMD Failed To Meet Lofty Expectations
At the end of April, Advanced Micro Devices Inc (NASDAQ: AMD) failed to impress, unlike Nvidia Corporation (NASDAQ: NVDA) that has been crushing investor expectations on the back of soaring AI chip sales for quite a while.
5 Reasons To Buy Duolingo: This Analyst Sees 46.5% Upside Despite GenAI Competition
Duolingo is expected to achieve ~39% incremental Adj. EBITDA margins in 2024, indicating strong potential for profitabilitt expansion.
Arm Holdings Gears Up for AI Foray with New Chip Division Launching Next Year
SoftBank's Arm Holdings developing AI chips, with plans to release in 2022. Arm will fund development and seek partnerships for mass production.
US, China To Discuss AI Risks In Geneva: Will Washington's Policies Be Up For Negotiation?
The United States and China are set to meet in Geneva to discuss the potential risks of advanced artificial intelligence. The U.S. officials have made it clear that their policies will not be open for negotiation during the talks.
AI Revolution 'On the Doorstep:' The 'Tidal Wave' Is Well Underway, Analyst Says
AI revolution is here with tech giants like Microsoft, Alphabet, and Amazon leading the way. AI spending to account for 8%-10% of IT budgets by 2024. Microsoft and Apple's strong AI strategies will propel growth in the coming years.
Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.
Apple Plans On Revamping Siri During AI Reorganization: What's Going On?
Apple is reportedly revamping Siri after executives tested OpenAI's ChatGPT. The overhaul, driven by concerns over AI's impact on the smartphone market, marks Apple's reorganization towards generative AI.
From Hype To Reality, AI Reshapes Pharmaceutical Industry Across Drug Discovery To Marketing - Stocks To Watch
Unlock the potential of AI in pharmaceuticals. With AI's help, the pharma industry could see $60B-$110B in annual economic value. Dive into the future of drug discovery and clinical development with leading players like Google, Nvidia, and Microsoft.
Nvidia's Triumphant Rise To A $2.27 Trillion Titan And Goldman Sachs' Bold 22% Growth Prediction As New Partnerships Forge Ahead
Nvidia's market value has skyrocketed to $2.27 trillion over the past year, fueled by growing confidence in AI technology. Goldman Sachs is forecasting an additional 22% increase in Nvidia's market value.
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
The weekly Stock Whisper Index highlights five stocks seeing increased interest from Benzinga readers.
TSMC's Record Sales Surge: What's Behind the Sudden Spike?
The world's largest contract chipmaker, TSMC, saw a 60% surge in sales due to demand for AI and recovery in consumer electronics. It's also launching new chip technology to compete with Intel. Share price rose 68% in a year.
Nvidia-Backed Recursion Pharmaceuticals Stock Is Up On Q1 Earnings: Everything You Need To Know
Recursion reported first-quarter revenue of $13.491 million, which beat analyst estimates of $12.65 million, according to Benzinga Pro. The company reported a quarterly loss of 39 cents per share, which beat estimates for a loss of 42 cents per share.
Utilities Notch 7th Straight Session Of Gains: 'Potential Derivative Play To The AI Boom'
Utilities sector outperforming S&P 500 since beginning of year, gaining attention for potential as derivative play to AI boom.
Arm Holdings Poised To Challenge Qualcomm, Intel, AMD In AI, Analysts Predict Growth In Chip Design
Arm Holdings stock drops after disappointing fiscal 2025 guidance, but analysts remain optimistic about AI and revenue growth.
Shopify Slumps on Downbeat Q2 Outlook: ETFs in Focus
The multi-tenant, cloud-based, multi-channel commerce platform Shopify (NYSE: SHOP) slumped about 18.6% on May 8 after the company issued a downbeat revenue forecast for the fiscal Q2 2024. On May 8, 2024, the company reported first-quarter 2024 earnings before the market opened.