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Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These “neo-cloud” firms are leveraging NVIDIA’s powerful GPU technology to dominate the AI market,
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 ...
As bitcoin (BTC-USD) miners pivot toward artificial intelligence to diversify revenue streams, Wall Street's optimism is rising, raising the question whether investors should, too, be bullish. "The synergy is simple: AI companies need energy,
Wedbush analyst Dan Ives is out with an early reaction to Palantir's "eye-popping" results, featuring beats across the board.
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 ...
Nvidia (NASDAQ: NVDA) is the hottest stock on Wall Street. For the last few years, it hit the headlines as it dominated the artificial intelligence (AI) chip supply, controlling roughly 90% of the incredibly lucrative market.
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
After a 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way ahead of itself.
Alphabet reported earnings after Tuesday's closing bell. MarketWatch will be breaking down the results and reactions.