Stocks

“Nvidia Insiders Unload Shares After 220% AI Rally”

“…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…

Business, Stocks

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

“…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…

Business, Stocks

“Nvidia earnings [Up,] scare away AMD, Intel investors as legacy chipmakers lose ground in AI

“Developers in the world of artificial intelligence can’t get enough of Nvidia’s processors. Demand is so strong that the company said late Wednesday that revenue in the current quarter will jump 170% to roughly $16 billion. Nvidia shares rose more than 2% on Thursday before slumping… Continue Reading…

Business

“IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go”

“IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR)… Continue Reading…

Stocks

“Palantir’s 135% AI Surge Set For Earnings Showdown”

“The data analysis firm’s stock has rallied 135% in the three months since its last report, with chief executive officer Alex Karp talking up the power of the firm’s AI products and the demand for them. That’s inflicted big losses… Continue Reading…

Stocks

“Nvidia shares up 12% on earnings and bullish outlook on A.I.”

“Nvidia shares opened up over 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in revenue for the fiscal… Continue Reading…

Stocks

“Artificial Intelligence Stocks To Watch: Big Tech Expands AI Products, Services”

“…In general, look for AI stocks that use artificial intelligence technology to improve products or gain a strategic edge. Microsoft (MSFT) has increased its investment in startup OpenAI… Shares in Mobileye Global (MBLY), spun off by Intel (INTC), are up… Continue Reading…

Stocks

“The AI Revolution Could Send These 2 Stocks Higher”

“Veritone, Inc. (VERI)… All in all, with a share price of $24.53 and a consensus average price target of $38.75, VERI shares offer investors a chance for 58% share growth this year. The analyst consensus rating, a Moderate Buy, is based… Continue Reading…

Stocks

“2 Artificial Intelligence Stocks Leading the New Wave”

“C3.ai, Inc. (AI)… The bear-bull mix on AI is clear from the reviews on record for C3. The company has received 10 ratings, breaking down to 4 Buy, 4 Hold, and 2 Sell, making the analyst consensus a Hold. Meanwhile, the… Continue Reading…