AI News

Pershing often invests in big tech companies, but made notable changes in the last quarter.

Cloud computing, meet cloudy numbers. After years of asking investors to take its artificial-intelligence strategy on faith, Microsoft stands out among tech giants for the opacity of its financial reporting. Take Azure, Microsoft’s flagship cloud platform and primary growth engine.

SpaceX, Zoom, Salesforce, Amazon, Alphabet and SK Telecom have been highlighted in this Investment Ideas article.

↘️ Intuit (INTU): The company, known for its tax-preparation and accounting software, forecast slower sales growth in the year ahead as it navigates declines in its desktop business. Shares dropped more than 11% premarket.

Approximately $107 billion of Berkshire Hathaway's invested assets can be traced to two artificial intelligence (AI) pioneers.

Venture capitalist Jason Calacanis predicts Tesla Inc. (NASDAQ:TSLA) will turn its Optimus humanoid robot into a product bigger than Apple Inc.’s (NASDAQ:AAPL) iPhone, forecasting 1 billion Optimus robots worldwide by 2036. Calacanis Says Optimus Could Eclipse iPhone Speaking on the This Week in Startups podcast after watching the World Humanoid Robot Games in Beijing, Calacanis said he had recently seen an Optimus demonstration that has not been publicly shown. "Optimus is going to be the great

Billionaire investors were buying shares of Alphabet, Apple, and Meta Platforms in Q2.

Investors geared up for the release of a key inflation reading and Nvidia's earnings report.

SoftBank Group is in discussions with investment banks about a potential bond offering of up to $20

BEIJING/SINGAPORE, Aug 26 (Reuters) - China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the U.S. cloud giants to host its

Instagram’s chief executive has said that teenagers “didn’t want” to use a flagship safety feature designed to limit time spent on the app.

Wall Street is eagerly anticipating Nvidia Corp.'s earnings on Wednesday afternoon, not so much for what the numbers will say about the chip giant, but for what they mean to artificial intelligence investors and the market itself.

“The algorithms change the whole nature of it, and that’s where my chocolate metaphor went awry,” safety advocate Larry Magid told Fortune.

Nvidia keeps beating earnings estimates. In six of the last eight quarters, the stock has still sold off. Will Wednesday be any different?

The chipmaker's move to license coding models comes as low-cost alternatives are handling an increasing share of workloads.

By Ankur Banerjee SINGAPORE, Aug 26 (Reuters) - Asian stocks rose on Wednesday as a drop in oil prices dragged bond yields lower on hopes that the critical Strait of Hormuz may reopen soon, while

Polestar is pivoting toward Europe, which generated nearly 80% of its first-half retail sales.

The Invesco Nasdaq 100 ETF has proven to be a consistent, reliable market outperformer.

U.S. stock futures were mixed early Wednesday as Wall Street awaits Nvidia Corp.‘s (NASDAQ:NVDA) marquee earnings report, key PCE inflation data, and further developments surrounding the Strait of Hormuz. The Polymarket (CRYPTO: POL) crowd is evenly split for the Aug....

Look at the largest holdings of some of the most popular value funds and you might be surprised. The average fund in Morningstar’s Large Value category now has 18% of its portfolio in tech stocks that look expensive by classic valuation metrics. Benjamin Graham and David Dodd, the authors of the famous tome Security Analysis, believed investors should buy stocks trading below book value, an asset-based measure of a company’s net worth on its balance sheet.

A look at the day ahead in European and global markets from Ankur Banerjee A holding pattern in global markets has emerged as traders await earnings from Nvidia that will be a test of confidence in

Google launched Gemini Enterprise for Legal, targeting research, document analysis, and contract work.

Investors should keep CoreWeave and Iren on a watch list rather than in a portfolio right now.

Tesla will open its Nevada Semi factory on Sept.24, with capacity to produce as many as 50,000 trucks annually.

Meta Platforms, Inc. (NASDAQ:META) is reportedly in discussions with states to settle its high-profile trial over alleged harm to young social media users. Meta, States Discuss Potential Settlement The Mark Zuckerberg-led tech giant and state attorneys general are discussing a mid-trial settlement while a federal trial is ongoing, Bloomberg reported Tuesday, citing people familiar with the matter. The company is accused of intentionally designing Facebook and Instagram to keep teens addicted to