Nvidia (NVDA) has needed help from its Big Tech friends to become Wall Street’s artificial intelligence darling. Those friends haven’t left the party yet. In their earnings reports this week, Club holdings Microsoft (MSFT), Alphabet (GOOGL), Facebook-parent Meta Platforms (META) and Amazon (AMZN) indicated continued investments to advance their AI ambitions — a good sign…
Since the 1920 Czech-language play R.U.R., we have imagined machines – robots – able to carry out … [+] human activities (Photo by Fresco/Evening Standard/Hulton Archive/Getty Images) Getty Images Investors are always trying to predict which trends are next. It is a challenging endeavor. The differences between short-term fads driven by hype and long-term trends…
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The U.S. is looking to restrict Chinese companies’ access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today. 1. US Looks to Restrict Chinese Access to Cloud Computing The Biden administration is…
