Meta Plans to Charge for Advanced AI Assistant Features
Meta considering paid version of its AI assistant, competing with Microsoft and Google's $20/month fee. Company investing heavily in AI infrastructure.
Taiwan Semi Supplier Applied Materials Under Scrutiny, Gets Subpoenas For Potential Violation Of Export Restrictions to China
US-China tensions rise as Applied Materials receives subpoenas for info on China shipments. TSMC also subpoenaed. Analysts see long-term growth.
What’s Going On With Alibaba Stock On Friday?
Alibaba expands global cloud computing availability, leveraging AI products for growth. Plans to build data centers in key markets. Stock down 0.5%.
Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals
Hollywood studios cautious about licensing content to Alphabet, Meta, and Microsoft for AI video generation due to concerns over misuse and control.
Salesforce Poised For Continued Growth, Despite Forex Headwinds And AI Development Delays, Says Analyst
Analysts maintain ratings for Salesforce, with price target ranging from $300 to $350. Mixed business trends & AI innovations noted.
Alibaba Rival PDD Has Major Upside with New Market Openings and Rising Adoption: Analysts
PDD Holdings Inc (NASDAQ: PDD) shares rise as analysts raise price targets following strong Q1 results, driven by robust growth and improved profitability.
Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency
Amazon's cloud unit partners with AI startup Hugging Face to simplify running thousands of AI models on AWS's custom chips, valued at $4.5B.
What’s Going On With Dell Stock On Thursday?
Dell Tech (DELL) trading higher as AI stocks rise in sympathy with Nvidia (NVDA). Dell and Ericsson (ERIC) partner for telecom network cloud transformation.
Weibo Beats Q1 Revenue And EPS Estimates Despite Yearly Decline – What’s On The Cards?
Weibo Corp (NASDAQ: WB) beat Q1 2024 revenue and EPS estimates, despite a decline in ad and marketing revenues. Stock gained 2.14% premarket.
NetEase’s Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music
NetEase, Inc (NTES) reported Q1 2024 revenue of $3.72B, missing analyst estimate of $3.79B. Adjusted EPADS beat at $1.81. Stock price slid after results.