The Wiz logo on a smartphone arranged in New York, US, on Tuesday, July 16, 2024. Gabby Jones | Bloomberg | Getty Images Seven months ago, Alphabet lost a marquee case against the Biden administration’s Justice Department, which accused the company of maintaining an illegal monopoly in search. Weeks earlier, …
Two years ago this month, we saw the ascendance of what would ultimately become the “Magnificent Seven.” I recall the moment well. I was down in Florida, trying to get a few days of sun with my wife, Lisa, and next thing I know I found myself buying makeup at Target …
My top 10 things to watch Thursday, March 13 1. President Donald Trump said today he plans 200% tariffs on alcohol from France and other European nations if the EU does not remove 50% levies on U.S. whiskey imports. 2. U.S. stocks were looking at a lower open following Trump’s …
Scale AI CEO Alexandr Wang testifies before a House Armed Services Subcommittee on Cyber, Information Technology, and Innovation hearing about battlefield AI on Capitol Hill in Washington, July 18, 2023. Jonathan Ernst | Reuters Scale AI on Wednesday announced a deal with the Department of Defense for a flagship AI agent …
Salesforce shares fell in extended trading Wednesday on mixed quarterly results and weak guidance. However, the enterprise software giant’s AI business is picking up steam, which should propel the stock higher over time. Sales in the fiscal 2025 fourth quarter rose 8% on an annual basis to $9.99 billion, a …
Omer Taha Cetin | Anadolu | Getty Images Chinese AI company DeepSeek had a quick rise to fame in January upon the release of its latest model, DeepSeek-R1, temporarily dethroning OpenAI’s ChatGPT as the most downloaded free app on Apple’s App Store. Behind the scenes, AI enablers — companies building …
Investors craving a boring backdrop for Nvidia earnings this week can just forget it. The main source of the hoopla is the emergent Chinese startup DeepSeek, which rattled the Club stock late last month with claims of more efficient AI models. Nvidia’s next-generation Blackwell chip platform has also faced rollout …
Wall Street finished last week with big back-to-back declines, moving the S & P 500 away from Wednesday’s record-high close. Chip giant Nvidia had a rough week ahead of this week’s earnings. The S & P 500 flipped negative for all of last week, down 1.7%, after Friday trading extended the …
This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an AI-driven approach. Previously StockStory covered Cloudflare (NET) and Howmet Aerospace (HWM) . As the world digitizes, buying advertising inventory is moving from power lunches to …
Anyone who has sat through a third-grade science class knows there are three primary states of matter: solid, liquid and gas. Microsoft now says it has created a new state of matter in its quest to make a powerful machine, called a quantum computer, that could accelerate the development of …