(RTTNews) - Competition regulator, Federal Trade Commission has launched an investigation into the partnerships between generative AI startups - OpenAI, Anthropic and technology giants - Alphabet's Google (GOOG), Amazon (AMZN) and Microsoft (MSFT), in order to build a better unde
Although next week will not be the most numerous in earnings reports, it will be the most important. Five of the ‘Magnificent Seven’ stocks will be reporting and the two largest American energy companies – sharing with investors s
The Biden administration is proposing requiring U.S. cloud companies to determine whether foreign entities are accessing U.S. data centers to train AI models, U.S. Commerce Secretary Gina Raimondo said on Friday.
The Biden administration will soon propose requirements for cloud companies aimed at finding out who is accessing U.S. clouds to train AI models, U.S. Commerce Secretary Gina Raimondo said on Friday, as the burgeoning AI sector raises increasing security concerns.
The U.S. stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the Federal Reserve’s monetary policy meeting and the closely-watched employment report.
The megacap technology companies of Alphabet (GOOGL ), Amaxon.com (AMZN ), and Microsoft (MSFT ) have invested billions in the top artificial intelligence (AI) startup companies. Now, these deals are coming under scrutiny. The U.S. Federal Trade Commission (FTC) said Thursday that the three tech companies must provide information to...
The benchmark S&P 500 scaled another record high on Friday after an in-line inflation print signaling continued moderation in price pressures provided some relief, while a decline in chip stocks on Intel's dour forecast weighed on the Nasdaq.
The benchmark S&P 500 and the blue-chips Dow were subdued on Friday as an in-line inflation print signaling continued moderation in price pressures helped offset an earnings gloom cast by a dour revenue forecast from Intel.
Following a big move higher in Microsoft's (NASDAQ: MSFT) stock in 2023 and a 7% run-up already this year, the tech giant now commands approximately a $3 trillion market cap. But is the tech company really worth this much?
In today's video, I discuss recent news affecting Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Alphabet’s GOOGL is leaving no stone unturned to bolster its product offerings on the back of its growing generative AI capabilities.In this regard, the company recently added generative AI features, namely “Tab Organizer” and a t
Wall Street's main indexes were set for a subdued open on Friday as an in-line inflation print signaling continued moderation in price pressures helped offset an earnings gloom after a dour revenue forecast from Intel steered declines in chip stocks.
U.S. stock index futures slipped on Friday as chip stocks sagged on a dour revenue forecast from Intel, while a crucial inflation print that could influence the Federal Reserve's monetary policy outlook topped investors' watch list.
Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment
Advanced Micro Devices AMD is set to release its fourth-quarter 2023 results on Jan 30.AMD expects fourth-quarter 2023 revenues to be $6.1 billion (+/-$300 million), which indicates year-over-year growth of 9% and 5% sequentially
The technology-heavy Nasdaq Composite index posted a solid return of 43% in 2023. Much of this rally was fueled by the surge in AI (artificial intelligence) and related stocks. Since AI isn't a passing theme but a significant long-term technological change, this tailwind can cont