Investors are on edge about tech stocks, especially those tied to artificial intelligence. The excitement around AI has pushed up stock prices, but now people are wondering if this is sustainable. Nvidia, a major player in AI chips, is at the heart of this trend. Its performance is crucial not just for tech, but also for other sectors like industrials and utilities....
Wall Street is going all-in on AI, and the big banks are leading the charge. JPMorgan Chase, for instance, has a massive technology budget of $18 billion, with a significant chunk dedicated to AI. The bank's CEO, Jamie Dimon, is a big fan of their generative AI suite, which has been rolled out to over 200, 000 employees. With around 100 more AI tools in the pipeline,...
Tech stocks took a hit, but not all news was bad. Meta and Microsoft, both big names, saw their shares drop despite good earnings reports. Meta's stock fell hard, but some see this as a chance to buy low. Meanwhile, Microsoft's stock also dipped, but there's hope it will bounce back. The Federal Reserve's recent interest rate cut was seen as a smart move. It didn't ...
Qatar is making a significant shift in its investment strategy. The country's finance minister, Ali Ahmed Al-Kuwari, recently shared plans to focus heavily on technology and artificial intelligence (AI) for future investments in the United States. This move is part of a broader goal to diversify Qatar's economy and reduce reliance on oil and gas revenues. Speaking a...
Nvidia is making big waves in the tech world, especially in AI. Its stock is soaring, hitting a record high of $4. 5 trillion. This isn't just about one company; it's about how AI is changing the game for everyone. Big tech companies are spending a lot on AI. Microsoft is leading the pack. They're making huge deals to get more AI computing power. One of their bigges...
Oracle's stock is on the rise, and AI is the main reason. The company is making big moves in artificial intelligence, and investors are taking notice. Recently, Oracle announced a new AI-powered Electronic Health Record system. This system uses voice commands and AI to make healthcare workflows more efficient. It's a direct challenge to other companies in the healthc...
Philippe Laffont's Coatue Management has made some bold moves in the tech world. They've recently added Oracle to their portfolio, showing confidence in the company's cloud infrastructure. This isn't just a small bet; it's a significant investment worth over $843. 3 million. But that's not all. Coatue is also doubling down on AI. They've increased their holdings in ...
Alphabet, the big boss behind Google, had some disappointing news recently. The company's stock took a hit after it didn't meet the money expectations for the last three months of 2024. Even though they made a lot of money, investors were hoping for more. The tech giant brought in $96. 5 billion for the quarter, which is a 12% jump from the same time last ye...
Meta's shares haven't slowed down in 2025, extending last year's gains. The company's focus on efficiency and cost-cutting in 2023 paid off big time, with a significant boost in operating margins and even a first-ever dividend. Despite some setbacks early in the year, the stock rebounded, fueled by investor enthusiasm for Meta's potential in artificial intelligence a...
After a long wait, a top tech fund manager is spotlighting his favorite picks in the tech sector. Tony Wang, the wizard behind T. Rowe Price's science and technology strategy, sees a thrilling shift happening. He believes companies are now focusing more on software and app developers who are busy launching and integrating AI products. This change in focus comes after...