Key Points Qwen could become Alibaba’s biggest competitive advantage. Cloud, not commerce, may define Alibaba’s next decade. Management is steadily transforming the company into an AI infrastructure platform. 10 stocks we like better than Alibaba Group › Ask investors to name the biggest artificial intelligence (AI) companies in the world, and you’ll probably hear the ...
Key Points The Nasdaq fell 2.6% mid-day while the S&P 500 dropped 1.4% and the Dow declined 1.0%. Alphabet dropped 7.0% despite 82% cloud revenue growth as negative free cash flow and raised capex guidance spooked investors. Brent crude briefly touched $100 per barrel on Red Sea tanker attacks. 10 stocks we like better than ...
Alphabet (GOOGL) reports earnings this afternoon, and expectations are high. Consensus estimates call for revenue of $101.28 billion, representing 23.9% year-over-year growth, and earnings of $2.87 per share, a 24.2% increase from the prior-year period. Last year marked a breakout period for Alphabet, as its vertically integrated ecosystem of proprietary hardware, software and large language ...
Let’s talk about this incredible shift we’re seeing in private-company valuations in recent years… Listen to the audio version of this article (generated by AI). I have said it before, and I will say it again: I do not buy IPOs (initial public offerings). That is why I warned investors to stay away from the ...
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, ...
