The artificial intelligence bubble is raising eyebrows on Wall Street as Nvidia reports strong earnings but sees a stock dip. What does this mean for the future of AI investments and the economy?
Nvidia's recent $4 trillion valuation takes a hit as Palantir slides nearly 10%. An MIT report reveals that most companies in generative AI see no returns, raising concerns about an AI bubble similar to the dotcom crash.
Microsoft's recent layoff of 9,000 workers has sparked outrage after an executive suggested they consult ChatGPT for emotional support. Social media reacts to the tone-deaf advice amidst the company's $80 billion AI investment.
Amazon announces a groundbreaking $10 billion investment in North Carolina to expand its AI infrastructure, creating 500 high-skilled jobs and boosting local economies through education and community support.
Discover how James van Geelen, founder of Citrini Research, identified key investment opportunities in weight-loss drugs and AI, positioning himself ahead of market trends.
Experts warn that small cap stocks could continue to lag behind larger companies, even as fears of a recession fade. Capital Economics highlights historical trends and recent market movements.
Samsung Electronics is in advanced talks to invest in Perplexity AI, aiming to integrate its search technology into future devices and enhance Bixby. This move could redefine user experience on Samsung products.
In a stunning move, OpenAI announces its acquisition of Jony Ive's company io for $6.5 billion. Investors like Klarna's CEO share their excitement over the lucrative deal, revealing their stakes in the AI venture.
In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
As Meta prepares for its earnings release, all eyes are on CEO Mark Zuckerberg and the company’s AI investments amidst market challenges and the looming FTC trial. Will they meet investor expectations?
