Wall Street expects Nvidia's earnings to increase at 35% annually ... is the largest digital advertiser and third-largest public cloud, and the company is using AI to strengthen its standing in both markets. For instance, its leadership in advertising ...
Glen Kacher, Light Street Capital founder, joins 'Closing Bell' to discuss whether mega cap stocks can maintain momentum.
Amazon, Microsoft, Meta, and Alphabet have invested significant sums in AI infrastructure – money that has not yielded justifiable returns at this point – to the displeasure of Wall Street. And yet Big Tech is not to be deterred. Tech giants are set to ...
Wedbush analyst Dan Ives is out with an early reaction to Palantir's "eye-popping" results, featuring beats across the board.
Palantir Technologies (NYSE:PLTR) stock soared about 14% premarket on Tuesday after third quarter results and outlook beat estimates, drawing praise from Wall Street analysts ... strategy with use cases for AI taking hold over the next 12 to 18 months.
Big Tech’s capital spending is on track to surpass $200bn this year and rise even further in 2025, as anxiety grows on Wall Street about the returns on soaring investment in artificial intelligence.
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral, the FT reported.
Apple’s dim outlook for this quarter wasn’t the biggest surprise. Still, there is some value in finally getting the news out. Apple’s shares slipped more than 1% Friday morning following the company’s
Investment giant KKR and Energy Capital Partners have agreed to invest a combined $50 billion in data-center and power-generation projects to support the development of artificial intelligence. See th