Artificial intelligence (AI) is a technology that copies how people think and process information, making it useful for companies in many innovative fields. AI chips process large amounts of data in emerging AI technology. As an essential component, companies involved in the design and manufacturing of AI chips are likely to benefit from the growth of AI development. In 2023, the AI sector attracted a lot of media coverage and investors. The potential size of the AI market is still unknown because we keep finding new ways to use AI technology. AI chip companies in this list are likely to benefit from the growing interest in the AI market.
Tesla Bulls, Bear Weigh In On Robotaxi Delay: 'Very Odd' Or Biding Time For 'Eye-Popping' Prototype?
Reports of a potential delay in Tesla, Inc.'s (NASDAQ:TSLA) robotaxi unveil punctured the shares on Thursday. Several analysts addressed the ramifications of such an eventuality.Johnson's Take:
What's Going On With Rivian Automotive Stock?
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher Friday, and the stock has gained more than 20% as EV stocks rallied on multiple catalysts this week.What To Know:Several EV makers,
US stocks rebounded strongly, with small-cap stocks leading the way again. The Nasdaq rose 1%, Tesla rose more than 4%, and Chinese concept stocks rose across the board.
Major U.S. stock indexes rebounded across the board, with the Nasdaq rising more than 1%, the Dow Jones rising 300 points at the beginning of the trading day, and the Russell 2000 small-cap stocks rising more than 1.8%. The seven sisters of the U.S. stock market rose and fell unevenly, with Tesla up more than 4% and Nvidia up nearly 2.9%. The AI stocks and bank stocks showed different trends, and Wells Fargo & Co. fell more than 7.4%. The China concept stocks index outperformed the large-cap stocks of the U.S. stock market, and Xpeng rose more than 6.3%.
Big Banks Biff Earnings | Wall Street Stories
Morning traders, and happy Friday, June 12th. The largest financial institutions reported earnings this morning, showing declining revenue and guidance so far. My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
Amazon Releases Hound as AI-powered Shopping Assistant Goes Live Across US
Stocks Show Mixed Reactions To June Producer Inflation Data
Stocks gave varied reactions on Friday morning to the June Producer Price Index from the U.S. Bureau of Labor Statistics rising 0.2% on a monthly basis.June PPI Report: Key HighlightsIn June, the