AI Stocks: Tech Giants, Cloud Titans, Chipmakers Battle For An Edge
Amid hype over artificial intelligence and ChatGPT, the best AI stocks generate sales or get a strategic edge from the fast maturing technology.
Amid hype over artificial intelligence and ChatGPT, the best AI stocks generate sales or get a strategic edge from the fast maturing technology.
Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange.
Aussies are making tens of thousands of dollars in net income through this popular strategy - but it's not without its downsides. Find out more here.
Westpac economists have pushed back their prediction for when the Reserve Bank of Australia (RBA) will reduce the cash rate.
HECS debts are about to balloon again, but some Aussies could take advantage of a loophole to avoid indexation.
Judo Bank chief economic adviser Warren Hogan predicts it's going to get worse before it gets better.
China, Russia and the US are among the top five countries developing the technology, new figures show
Westpac Banking ( ASX:WBC ) First Half 2024 Results Key Financial Results Net loss: AU$164.0m (down by 104% from...
Australian workers copped the largest tax increase in the developed world last year. The tax spike disproportionately impacted low and middle-income earners.
Investors face mixed signals from Wall Street — as well as a historical calendar that suggests some chop might be around the corner.
Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Truth Social itself.
U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday. Since 2022, U.S. officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others.
With bracket creep fuelling record tax collections, fresh data has revealed Australia’s personal income tax burden grew faster than any other advanced economy last year.
Maccas customers have reason to celebrate now that this subtle change has been implemented.
Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over $2 trillion, while an in-line inflation reading calmed interest rate jitters. Lifting sentiment further, Microsoft rose 2.5% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also traded higher on the results, with Amazon.com and Nvidia up 2.9% and 5.0%, respectively.
Q3 2024 Western Digital Corp Earnings Call
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
The potential mega merger would give BHP access to Anglo American's copper assets.
Rich Handler is reportedly taking over a boat from billionaire Tilman Fertitta.
(Bloomberg) -- Bill Gross offered some advice to investors as Treasuries and equities slumped Thursday after some worrisome US economic data: “Stick to value stocks, avoid tech for now.”Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trump