
AI in Spotlight as Google and Microsoft Earnings Prove
The success of both Google and Microsoft reflects a broader trend across the tech industry, where AI is becoming a key catalyst for innovation and profitability.
The success of both Google and Microsoft reflects a broader trend across the tech industry, where AI is becoming a key catalyst for innovation and profitability.
While all three major indexes rose, the S&P 500 hit a new record barely a week after setting a previous one.
There was a general rise in the Dow, S&P 500 and Nasdaq Composite indexes following hints that the Fed policy would favor the general market.
JPMorgan chosen Amazon and Alphabet stocks as the most probable front-runners for 2024.
Google shares responded positively to news of Gemini, although the market is unclear about monetization and how it fairs against GPT 4 Turbo.
Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling.
There was a recorded rally among several stocks as the Federal Reserve decided that it would leave interest rates untouched.
The deployment of the 24,000 chips should be completed by February 2024.
Xiaomi’s founder and chairman of the board Lei Jun said it took approximately 5000 software engineers’ combined efforts to develop the new operating system.
Alphabet’s efforts to integrate generative AI technology into more products have been noticeable since the launch of OpenAI’s ChatGPT chatbot late last year.
Apple is considering leveraging AI within Xcode to assist app developers in creating their applications.
Rise in the US Treasury Yields put pressure on the market resulting into bearish weekly start on Wall Street. Yields surge past 5% with Fed planning for higher-than-longer interest rates.
Cloud gaming as a key aspect of what Microsoft is bringing to the world of gaming.
Starting from October 19, the new rules authorize VLP operations in the U-NII-5 and U-NII-7 portions of the 6 GHz band totaling 850 megahertz of spectrum.
Over the last 2 years, there have been a few cuts within the company as part of its goal to “deliver durable savings through improved velocity and efficiency”.