Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. The first centers entirely around semiconductor company Nvidia. The second centers around infrastructure companies like Microsoft and Amazon.
Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.
Latest reports from tech news platform TechCrunch indicate that MatX, a chip-design startup focused on supporting large language models, has raised $80 million in a funding round.
Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024. Companies completing forward stock splits have, since 1980, handily outperformed the S&P 500 in the 12 months following their split announcement.
Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday." His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his peers.
To be clear, the idea that an AI-related fever could keep driving stock prices higher hasn't been forgotten among Wall Street strategists. Just two weeks ago, Evercore ISI's Julian Emanuel wrote that he sees the S&P 500 reaching 6,600 by June 2025 as ...
We recently published a list of 15 AI News Updates Taking Wall Street By Storm. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other AI news updates taking Wall Street by storm. xAI, the AI startup ...
The artificial intelligence (AI) analytics company Palantir Technologies (NYSE: PLTR) enjoyed quite the run in the market, surging this year partly due to the AI trade. Palantir's stock is up nearly 285% this year.
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at least $11 billion since it was launched by Elon Musk last year.
In this article, we discuss the 14 AI stocks on the radar of Wall Street analysts. Latest reports from tech news platform TechCrunch indicate that MatX, a chip-design startup focused on supporting ...
Artificial intelligence (AI) technology will propel Tesla to $2 trillion in the next few months, according to Wall Street analyst Dan Ives. Ives, who works at Wedbush Securities, highlighted that automobile and technology company’s share could experience a major boost due to its foray into the technology.
While much of the media's attention has been squarely focused on Nvidia, longtime tech behemoth Microsoft (NASDAQ: MSFT) is an artificial intelligence (AI) force to be reckoned with as well. Aside from this direct investment,