Key Points Buzz is building around a new cloud computing business from Meta Platforms (NASDAQ: META), and it looks like the stars are aligning for it to make the announcement on July 29 when it reports second-quarter earnings. The Facebook-parent has yet to make a formal acknowledgment about adding cloud infrastructure operations, but CEO Mark ...
The next wave could come from companies the biggest AI players eventually decide they have to own… Listen to the audio version of this article (generated by AI). Editor’s Note: In 2012, Mark Zuckerberg paid $1 billion for a 13-person photo app that had no revenue and, by most accounts, no real business model. Wall ...
How to recognize the companies that tech giants may decide they cannot afford to lose Listen to the audio version of this article (generated by AI). In May 2023, Spark Capital made the biggest investment in its history. The venture-capital firm wrote an initial $75 million check to help fund Anthropic, then a little-known artificial ...
Key Points The CPU-to-GPU ratio in AI data centers is shifting in favor of CPUs, and that’s great news for Intel investors. Intel remains the dominant player in the server CPU market. Analysts haven’t raised their Q2 EPS estimates by much for Intel, potentially paving the way for a big earnings beat. 10 stocks we ...
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Kronos Worldwide, Inc. KRO: This company that produces and markets titanium dioxide pigments internationally has seen the Zacks Consensus Estimate for its current year earnings increasing 190.9% over the last 60 days. Kronos Worldwide Inc Price and Consensus Kronos Worldwide Inc ...
Key Points The “Magnificent Seven” tech stocks led the S&P 500 higher in recent years amid excitement about their involvement in the high-growth field of artificial intelligence (AI). But over the past several months, many of these players have lost some momentum — and this has brought down their valuations. For the strongest of companies, ...
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Monday (July 20) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$65,102.57, up by 1.1 percent over the past 24 hours. Crypto prices are ...
Key Points Microsoft is the poorest-performing “Magnificent Seven” stock so far this year. Investors are concerned about the payoffs for its artificial intelligence (AI) infrastructure spending. Azure continues to grow impressively, while Microsoft’s other AI-enabled offerings could drive revenue increases and margin expansion. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) stock ...
Key Points Netflix grew its revenue by 13% last quarter, but expects its growth rate to slow down for the current quarter. The stock is down sharply this year as concerns about the company’s future growth weigh on its valuation. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) reported earnings last week, ...
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (July 22) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$65,885.39, down by 0.9 percent over the past 24 hours. Chart via Investing ...
