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Goldman Sachs Casts Doubt On 'Exceptionally Expensive' AI Investments By Tech Companies
A report from Goldman Sachs has raised doubts about the potential return on investments in artificial intelligence (AI) by tech companies.What Happened: According to the report, companies are projecte
NVDA and FSLR Lead the Charge for S&P 500 Information Technology Ahead of Q2 Earnings
Top Performers in S&P500 Consumer Staples Fund - Costco and Walmart
Apple's AI Initiatives Impress Analysts, Meta Eyes Apple Intelligence, Arm Holdings CEO On Rapid Growth Of AI And More: This Week In AI
The week was buzzing with major tech news, with artificial intelligence (AI) taking center stage. From potential partnerships to analyst upgrades and deepfake concerns, here's a round-up of the top st
June Jobs Report Ushers in New Quarter During Holiday-shortened Trading: What to Know This Week
Apple Rejects Meta's AI Integration Proposal, Ex-Employee Accuses IPhone-Maker Of Chemical Exposure And More: This Week In Appleverse
The past week has been a rollercoaster for Apple Inc. (NASDAQ:AAPL), with a mix of potential partnership rejections, health accusations, and product leaks making headlines. Here's a quick recap of the
Recent "bearish singing in turn" on Wall Street: If the US economy declines, US stocks may fall back.
Peter Berezin, Chief Global Strategist of BCA Research, has lowered the annual target for the S&P to 3750 points, believing that the softness in consumer demand caused by the slowdown in the labor market is the biggest bearish trend for US stocks.
Notable Analyst Calls This Week: Nike, Micron and FedEx Among Top Picks
Costco The Landlord? Retailer Building 800-Unit Apartment Complex. Here's The Potential Reason Why.
Retailer Costco Wholesale Corporation (NASDAQ:COST) is best known for offering items in bulk for consumers and its infamous $1.50 hot dog and soda combo.Costco could soon become known as a landlord or
Royal Caribbean Group Tops S&P 500 Consumer Discretionary Growth Chart for Q2
Tesla Rises Ahead Of Crucial Q2 Deliveries, Rivian Affirms Goal After Volkswagen Deal, Nikola Ropes In Key Customer And More: Biggest EV Stories Of The Week
The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note.Here are the key events t
Top S&P 500 Gainers and Losers of Q2
GOOG, NFLX, FOX Among Top S&P500 Communication Movers in Q2
'Buybacks Drive Performance' Are Among Market Myths BofA Strategists Are Aiming to Bust
Tesla Has a Few Major Tests on the Calendar Before the Robotaxi Unveiling
After CoreWeave, it is Lambda, a major new AI cloud player that has raised a lot of money, with a constant supply of nvidia GPU ammunition.
With the vigorous development of generative AI, the demand for computing infrastructure that supports its operation is soaring. This trend is driving the rapid growth of the cloud computing market, while also intensifying market competition. Traditional cloud computing giants and emerging professional computing leasing companies are engaging in a fierce game. The computing leasing star is expanding rapidly. According to media reports on Saturday, Lambda Labs, a computing leasing company supported by Nvidia, is in talks to raise $800 million and is expected to become one of the largest start-ups in Silicon Valley's financing in recent years. In February of this year, the company successfully raised $320 million at a valuation of $1.5 billion.
Elon Musk Reacts To Footballer Isaiah Simmons' White Tesla Cybertruck Parked Up In Manhattan: 'Nice'
Tesla Inc CEO Elon Musk thinks matte white is a good look on his EV company's stainless steel Cybertruck.What Happened: "Nice," Musk wrote in response to a TikTok video of a white-wrapped Cybertruck s
Tesla Loses Lead In EV Quality Among Peers: Auto Expert Pins It On Removal Of Stalks For Buttons
EV giant Tesla Inc (NASDAQ:TSLA) has lost its edge in terms of vehicle quality over EVs made by rival OEMs, as per automotive industry consultant JD Power. What Happened: As per J.D. Power's 2024 U.S.
Meta's Ray-Ban Smart Glasses Face New Rival Powered By OpenAI's ChatGPT
Meta Platforms Inc.'s Ray-Ban smart glasses have a new competitor on the horizon, and this one comes powered with OpenAI's ChatGPT technology, with a camera to give it the power of vision.What Happene
Mark Zuckerberg Says Meta Set To Unveil 'Full Holographic' Glasses: 'Every Person Who I've Shown It To So Far, Their Reaction Is Giddy'
Meta Platforms Inc. (NASDAQ:META) is "almost ready" to introduce a new augmented reality prototype. Mark Zuckerberg, hinted that the prototype has left early testers "giddy."What Happened: In an inter