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Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels
Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.
Vishwanadham Mandala's AI-Driven Revolution in the Automotive Industry
Vishwanadham Mandala is a pivotal figure in the automotive industry, driving significant change with over two decades of experience
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
Palantir's Year-long Rally Gains Momentum After Expanding Partnership with Voyager Space
Palantir Technologies shares have gained over 50% year-to-date amid the AI boom as revenue from government contracts and commercial clients continues to increase steadily.
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end
EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Nvidia's Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date
A high demand for semiconductor products that power AI-based services is leading Nvidia to diversify its chip foundry partners, benefitting leading chipmakers worldwide.
Steve Cohen's Point72 to Raise $1 Billion for Launching AI-focused Hedge Fund
Steve Cohen recently revealed he is bullish on AI and believes it can significantly improve productivity in companies across industries.
Nvidia, Uber, Porsche Invest In Toronto-Based Autonomous Trucking Startup, Waabi's $200 Million Funding Round
Waabi's oversubscribed funding round comes when the autonomous sector grapples with safety challenges and regulatory roadblocks.
'Big Short' Investor Steve Eisman, Who Predicted '08 Market Crash, Says To Hold On To Apple Stocks
Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.
Top Warren Buffett-Backed Companies to Watch in 2024
Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.
Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware
Best Buy's sales can get a boost from tech giants focusing on building and selling hardware that supports AI software amid rising demand, but electronics' susceptibility to softer sales remains.
Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake
Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.
JPMorgan Forecast Over 85% Upside for Two Biopharma Stocks Targeting Obesity and Chronic Conditions
The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.
Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs
Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.
What Impact Has The Introduction Of AI Had On The Gaming Industry?
The introduction of AI has forever changed how games are developed, experienced, and perceived – and this has all happened in f just a couple of years.
What Does Nvidia's 10:1 Stock Split Mean for Shareholders?
Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.
JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.
Investing Redefined: The Role Of Predictive AI In Web3
AI algorithms can gauge public sentiment towards cryptocurrencies by combining vast data from social media, news articles, and online forums.
Billionaire Ray Dalio's Bridgewater Associates Offloads Cisco, HP, and More to Double Stake in Nvidia, Boost 'Magnificent Seven' Holdings
Billionaire Ray Dalio's fund boosts tech holdings to 17% of the total portfolio in Q1 by investing heavily in Nvidia, Alphabet, Apple, Microsoft, Meta, and Amazon.
Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.
Billionaire David Tepper, Who Bet on Failing Banks in the '08 Crisis to Profit By $7 Billion, Massively Diversifies Tech Stake in Q1
Cheap AI-focused China tech stocks and growing speculations of the US tech rally cooling off soon are prompting investors like David Tepper to capitalize on the valuation gap.
Billionaire Ken Griffin Goes Heavy on This Tech Stock, Increases Stake By 200% in Two Quarters
Renowned investor Ken Griffin upped his stake in Amazon rapidly as the tech firm continues to leverage AI in AWS and e-commerce to boost sales and net income.
Man Held Up At Gun Point Twice Starts AI-Enabled Security System With Paying Customers Within A Year
Nikhil's startup, MokSa.ai, uses AI cameras to fight theft and fraud. They've gained 70 customers & $240,000 in revenue in just a year!
49% Business Leaders Say ChatGPT Skills May Replace College Degrees as Job Requirement
Business leaders want job applicants to be experienced with using ChatGPT as it can boost their productivity and creativity levels.
New Dating App Could Match Real Life Users With AI Girlfriends
AI companions boom! From chatbots mimicking influencers to virtual girlfriends, AI redefines love and social connection.
Is AI the Future of Human Capital Potential or the Harbinger of Obsolescence?
Artificial Intelligence (AI) stands at the forefront of transforming human capital within the corporate world, offering a dual-edged sword of promise and peril.
AI Influencers: Boon or Bane for Marketing?
Social media fame used to be easy, but competition is fierce now and AI influencers are rising. Can humans keep up?