What’s Going On With Alibaba Stock Thursday?
Alibaba stock lost over 15% in the last 12 months as it battled intense domestic competition and a weak domestic economy.
Alibaba’s Fintech Affiliate Ant Group Boosts Global AI Efforts with Multi-Billion Dollar Investment
Ant Group's 2023 research spending of $2.9B for AI development. Models powering Alipay's assistants and expanding globally. BABA stock faces challenges.
Alibaba Claims Its New AI Model Beats Meta’s Llama 3, Promising Major Advancements
Alibaba updates AI models, claims they surpass Meta's Llama 3. Also expands cloud computing and implements AI tools on B2B platform.
Nvidia’s Top Customer May Be Microsoft, Accounting For A Fifth Of Its Revenue: Report
In a recent report, it was suggested that NVIDIA has one customer that contributes to a significant portion of its revenue, with Microsoft being the likely candidate.
Artificial Intelligence ETFs: Have They Beaten The Market In 2024?
AI ETFs like BOTZ, AIQ, and ROBO have performed well in 2024 but couldn't beat the S&P 500, driven by tech giants like NVIDIA and Microsoft.
These Automation Stocks, ETFs Are Poised To Benefit From Biden’s Boost To Manufacturing
Automation combines emerging technologies in two distinct sectors: artificial intelligence (AI) and robotics. Here are the stocks to watch.
The 8 ‘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)/
Warren Buffett Fears The ‘AI Genie’ That’s ‘Part Out Of The Bottle’ But Agrees It Has Potential To Do Good: ‘Don’t Know How That Plays Out’
On Saturday, Warren Buffett faced an unexpected question about AI technology at Berkshire's annual shareholder meeting.
Thomson Reuters Triumphs in Q1 Backed by AI Product Roadmap and Strategic Acquisitions
Thomson Reuters Corp reported Q1 2024 revenue growth of 8%, beating analyst consensus, with adjusted EPS of $1.11. The stock gained, driven by 9% organic revenue growth. CEO is confident in their AI product roadmap. Outlook is $7.24-$7.27 billion. Stock up 17% in last 12 months.
‘Semiconductors Are The New Oil:’ Wealth Manager Says Saudi Arabia’s Need For Data Centers Is Nudging It Toward Historic US Talks
The U.S., though not having export controls on Saudi, can interrupt Nvidia chip flow to Riyadh, he added.