AI

Tech bull Dan Ives of Wedbush Securities has raised his price target for Palantir Technologies Inc. (NASDAQ:PLTR), signaling a 12% upside from its current trading price over the next 12 months. What Happened: In a post on X, Ives expressed growing confidence in Palantir's artificial intelligence...

The risk of unauthorized data collection and privacy breaches has surged as generative AI and large language models (LLMs) become embedded in everyday tools and services. Here's a look at some of the least invasive AI platforms, as well as the most aggressive data collectors.  What To Know:...

BofA Securities analyst Wamsi Mohan observed that from 2006 to 2024, server market revenues grew at a 9% compound annual rate, while unit volumes rose by 4% annually. Looking ahead, he expects artificial intelligence to drive most of the revenue growth in the server market over the next six years....

BofA Securities analyst Ruplu Bhattacharya initiated coverage on Super Micro Computer (NASDAQ:SMCI) with an Underperform rating and a price target of $35 on Wednesday. Bhattacharya resumed coverage of Super Micro with an Underperform rating and a price objective of $35 (~29% potential downside...

CoreWeave Inc (NASDAQ:CRWV) shares are on watch Wednesday after the company announced that it became the first AI cloud provider to offer Nvidia RTX Pro 6000 Blackwell GPUs at scale. What Happened: CoreWeave announced the general availability of Nvidia RTX Pro 6000 Blackwell server edition ...

Technology giant Qualcomm Technologies (NASDAQ:QCOM) is expanding its partnership with Samsung Electronics (OTC:SSNGY) (OTC:SSNLF) with a new Snapdragon mobile platform built for the new Galaxy Z Fold 7 smartphone. What Happened: Qualcomm announced the new Snapdragon 8 Elite for Galaxy will power...

Despite a 3% drop in Bitcoin's (CRYPTO: BTC) network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global...

The AI-fication of financial services continues to grow at a rapid pace, this time touching the thousands of employees at one of the most prestigious investment banks. Goldman Sachs Group Inc. (NYSE:GS) officially rolled out its proprietary generative AI assistant across the entire firm in June,...

Nvidia Corp (NASDAQ:NVDA) may dominate AI headlines, but JPMorgan's Harlan Sur thinks Broadcom Inc (NASDAQ:AVGO) deserves more credit for building the infrastructure that makes artificial intelligence work. From cutting-edge XPUs to networking muscle and enterprise software, Broadcom is the "#2...

U.S. stock futures advanced on Wednesday after ending on a mixed note on Tuesday. Futures of major benchmark indices were trading higher. President Donald Trump announced a 50% tariff on copper imports and confirmed the “reciprocal” tariffs, paused in April, will resume on Aug. 1,...

A federal judge ordered MyPillow founder Mike Lindell‘s attorneys to pay $6,000 in fines for using artificial intelligence (AI) to prepare court documents containing nearly 30 defective citations, including references to nonexistent cases and misquotations. What Happened: U.S. District Judge...

Meta Platforms Inc (NASDAQ:META) is aggressively expanding its AI dominance through its Superintelligence Labs (MSL), launched in June 2025 to pursue artificial general intelligence (AGI). Led by CEO Mark Zuckerberg, MSL consolidates Meta's Llama models and FAIR (Fundamental Artificial Intelligence...

International Business Machines Corp (NYSE:IBM) revealed a new line of AI-focused chips and servers aimed at delivering seamless deployment for businesses. What To Know: IBM’s new Power11 servers have been redesigned with enhancements across its processor, hardware architecture and...

BlackRock is recalibrating its investment strategy, moving away from traditional macro anchors towards “mega forces” like artificial intelligence, which they believe will be “durable drivers of returns” in both the near and long term. What Happened: This shift is detailed in...

Palantir Technologies Inc (NASDAQ:PLTR) has become synonymous with defense-grade artificial intelligence, anchored by its government contracts, profitable growth and recent S&P 500 inclusion. But another name is now sparking serious interest: BigBear.ai Holdings Inc (NYSE:BBAI). BigBear.ai's...