GE Aerospace Invests In Supercomputing Talent: Plans To Hire 900 Engineers
GE Aerospace (NYSE:GE) and Oak Ridge National Laboratory have teamed up under a new CRADA to boost supercomputing capabilities, aiming to advance next-generation aircraft engine technologies like
LinkedIn Deploys AI And Games To Compete With Meta and TikTok
Microsoft Corp (NASDAQ:MSFT) LinkedIn is deploying artificial intelligence to offer career advice and has introduced games to the platform, aiming to attract users more frequently and stimulate
Biggest Stock Movers Today: RYAAY, CRWD, and More
GE Aerospace and Kratos Partner to Develop Small Engines for Military Drones
GE Aerospace (NYSE:GE) and Kratos Turbine Technologies, a division of Kratos Defense & Security Solutions, Inc., signed a Memorandum of Understanding to partner on the development and production of small affordable engines that could potentially power unmanned aerial systems (UAS), collaborative combat aircraft, and similar applications. The partnership builds on an existing joint development agreement and includes full-scale engine production.
Microsoft and Meta continue to increase investment in AI, with cloud spending reaching a new historical high. | AI Dehydration
According to market consensus expectations, global cloud vendor capital expenditures are expected to reach $227 billion in 2024, a year-on-year increase of 39%, reaching a historical high. AI chips, AI networks, HBM memory and server CPUs will benefit.
S&P 500 Logs Worst Weekly Decline Since April; Investor Optimism Falls Further
The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the "Neutral" zone on Friday.U.S. stocks closed lower on Friday, with the Dow
Reported Sunday, GE Aerospace and U.S. Department Of Energy Expand Supercomputing Partnership For Open Fan Engine Development
New Cooperative Research & Development Agreement combines GE Aerospace's industry-leading technology with the U.S. government's world-leading supercomputing capabilities to revolutionize the future
Alphabet Q2 Earnings Preview: AI Developments, Advertising and Cloud Computing as Key Focus
is set to release its Q2 earnings report on July 23, investors will focus on AI developments, capital spending plans, and ad spending in second-quarter. Google stock has climbed 27% in 2024 as investor fervor over generative artificial intelligence drives big gains in technology companies.
Amazon Prime Day Sees Record Sales Despite Economic Woes
Amazon' Prime Day has become a major fixture on the retail calendar since its inception in 2015, offering Prime members exclusive access to a vast array of deals across categories.
Kamala Harris' Potential Impact on Health Care Stocks
With President Joe Biden earlier Sunday saying he will end his campaign for re-election and endorsing Vice President Kamala Harris, the focus now turns on her positions on issues.
Megacaps Must Boost Guidance to Thwart 'Epic' Momentum Reversal
Just 1 on 4 AI Tasks Will Be Cost Effective in 10 Years - MIT Professor
Big Banks Poised for Multi-year Inflection Point, Wells Fargo's Mike Mayo Says
Big banks' Q2 earnings support the case that the sector at a "multi-year inflection point from negative to positive revenue growth, operating leverage, and EPS growth," says Wells Fargo analyst Mike Mayo.
Cloud Providers in AI, Data Named 'Top Picks' as Earnings Approach: Oppenheimer
To fund this, companies are cutting back on legacy IT and application spending.
Here Are Big Pharma's Leading Blockbuster Makers
What to Expect in the Week Ahead (Google and Tesla Earnings; GDP and PCE Data)
This week, investors should keep an eye on earnings reports from several key players, including Google and Tesla. Key economic data to watch for will include the release of the first estimate of second-quarter gross domestic product and the Federal Reserve's preferred inflation measure for June.
Financials Dominate in Q2 as Wall Street Slides Amidst Concerns on Tech - Earnings Scorecard
CrowdStrike Defect Affected 8.5M Devices, or Less Than 1% of All Windows Machines
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
Warren Buffett's Berkshire Hathaway Sells 33.9M Bank Of America Shares, Worth $1.48B
Warren Buffett's Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has offloaded approximately 33.9 million shares of Bank of America (NYSE:BAC), equivalent to around $1.48 billion, as per a regulatory filing with the U.S. Securities and Exchange Commission (SEC.)