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Stocks

“Arm Stock Jumps 48% on AI Craze”

February 19, 2024

“Shares of British chip designer Arm surged 48% Thursday after its earnings report surprised analysts and suggested artificial intelligence may be driving a recovery in the semiconductor industry. The company said it made a record $824 million of sales in… Continue Reading…

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Business, Economy

“AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune.”

February 16, 2024

“Decades after automation began taking and transforming manufacturing jobs, artificial intelligence is coming for the higher-ups in the corporate office…” https://www.wsj.com/lifestyle/careers/ai-is-starting-to-threaten-white-collar-jobs-few-industries-are-immune-9cdbcb90 Honestly i think these types of articles are kind of pointless. When the Car was invented all the people with horse… Continue Reading…

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Business, Stocks

“Nvidia Partner Rides AI Megatrends To 3,594% Gain — With More To Come”

February 7, 2024

“Nvidia (NVDA) is sure to come up in any discussion of the best artificial intelligence stocks to watch. But don’t ignore Synopsys (SNPS), a key Nvidia partner. After already earning a spot on the IBD Long-Term Leaders list with a 3,594% run from a low… Continue Reading…

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Stocks

“1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Grows 2,139%, According to Cathie Wood’s Ark Invest”

January 11, 2024

“…Zoom Video Communications (NASDAQ: ZM) has built out several AI features to help remote workers — everyone from salespeople to software engineers — use their time more effectively. And Ark Invest thinks Zoom’s AI-related products and services could provide a massive boost… Continue Reading…

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Stocks

“Cloudflare Is On A Mission As AI Frenzy Sparks A 40% Rally For NET Stock”

December 29, 2023

“Cloudflare (NET) is enthralling investors with its prospects for generative artificial intelligence, driving a rally of nearly 40% since it reported third-quarter results last month. The AI frenzy represents a major rebound for NET stock, which saw a huge sell-off in… Continue Reading…

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Stocks

“Google shares pop 5% after company announces Gemini AI model”

December 23, 2023

“Shares of Google closed up 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta. The stock is on pace for its best day since Aug. 29. Wells Fargo’s trading desk said… Continue Reading…

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Business

“McKinsey Sees AI Adding Up to $340 Billion to Wall Street Profit”

December 7, 2023

“Banks using generative artificial intelligence tools could boost their earnings by as much as $340 billion annually through increased productivity, according to consultants hoping to help the industry adapt in this fast-moving area… Tools like this could eventually take over… Continue Reading…

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Stocks

“Nvidia Insiders Unload Shares After 220% AI Rally”

December 4, 2023

“…Nvidia Corp. executives and directors last month sold or filed paperwork showing they intend to sell roughly 370,000 shares worth about $180 million, according to data compiled by the Washington Service. If all of the shares were sold, it would… Continue Reading…

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Stocks

“Walmart-Backed AI Warehouse Tech Company Symbotic Reports Record Revenue; Shares Soar 40%”

November 22, 2023

“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…

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Business, Stocks

“Palantir [Defense & AI company ]shares pop 20% after its third-quarter results beat estimates”

November 3, 2023

“…Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier.… Continue Reading…

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