Tag: Artificial Intelligence Technologies
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by [Read more about this post…]
Opinion: Do what this deal-making CEO does and find ‘AI proof’ industries for your money
“Despite AI’s rapid advances, computers haven’t caught up to us — for now. ” Over the past 44 years, I’ve started seven companies from scratch, [Read more about this post…]
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Opinion: Salesforce, AMD, other non-Nvidia Big Tech stocks to watch as AI goes mainstream
In 2023, the AI winners and losers were largely defined by how they found ways to make money from the technology. Nvidia NVDA, +4.97% emerged [Read more about this post…]
AI sector on course to use as much power as Spain by 2027, new report warns
The fast-paced growth of the generative artificial intelligence (AI) sector has put it on course to start consuming the same amount of electricity each year [Read more about this post…]
Opinion: Supermicro heading toward an Nvidia-like second half — but is it sustainable?
Super Micro Computer Inc., riding high on its ability to sell servers loaded with many of Nvidia’s chips, is now seeing growth rates similar to [Read more about this post…]
Intel’s stock sees worst plunge since 2020: ‘Yet another major reset’
As Intel Corp.’s stock plunged to its biggest one-day drop in about three and a half years, analysts had some harsh words for the chip [Read more about this post…]
Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships’
The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.69% GOOG, +1.75%, Amazon.com, Inc. [Read more about this post…]
IBM’s ‘accelerating’ AI demand helps power stock higher after earnings
International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter [Read more about this post…]
