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Gary Gensler Warns Companies About Artificial Intelligence Boasting: Don't 'AI Wash'
Thursday, December 7, 2023 - 1:12pm | 678Artificial intelligence is one of the biggest topics among the financial sector and publicly traded companies. As companies explore use cases and ways they can grow with AI, the chairman of the SEC is warning them not to oversell their capabilities. What Happened: SEC Chairman Gary Gensler was a...
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5 Nvidia Analysts Size Up Q3 Results, Forward Guidance: 'Increased Conviction,' Minimal Concern Over China
Wednesday, November 22, 2023 - 2:14pm | 780NVIDIA Corporation‘s (NASDAQ:NVDA) shares have seen a substantial rise in 2023, buoyed by the escalating interest and use cases of artificial intelligence. Analysts react to the company's third quarter earnings results and forward guidance. The NVIDIA Analysts: Goldman Sachs analyst Toshiya...
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Did Barack Obama Help Create Biden's AI Plan?
Friday, November 3, 2023 - 4:03pm | 973President Joe Biden recently announced a new executive order targeting the sector of artificial intelligence. With Biden's announcement and Vice President Kamala Harris declaring new AI plans for the U.S., the country looks ready to tackle regulation on the fast-growing sector. Aside from Biden and...
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Kamala Harris Voices Support For AI Innovation, Regulation: 'AI Has The Potential To Do Profound Good'
Wednesday, November 1, 2023 - 12:05pm | 963Vice President Kamala Harris spoke at the U.K. AI Safety Summit Wednesday as the representative of the U.S. government. Comments from Harris come after President Joe Biden recently announced an executive order on artificial intelligence. What Happened: Harris, who recently announced the AI Safety...
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Alphabet (Google) Q3 Earnings Highlights: Revenue Beat, EPS Beat, 'AI Driven Innovations' For Search, Cloud, YouTube
Tuesday, October 24, 2023 - 4:28pm | 500Technology giant Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) reported third quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Alphabet reported third quarter revenue of $76.69 billion, which was up 11% year-over-year. The revenue total beat a Street...
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Qualcomm Announces New Snapdragon Platforms, Bringing AI To PCs, Smartphones, Devices: 'AI Will Play A Critical Role'
Tuesday, October 24, 2023 - 3:00pm | 751Technology company Qualcomm Inc (NASDAQ: QCOM) announced several new product launches and initiatives on Tuesday. Many of the new launches center on the company positioning itself to be a leader in artificial intelligence. What Happened: Looking to boost its presence in the artificial intelligence...
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Meta Platforms Stock Q3 Earnings Preview: Analysts See 2023 The Return Of Ad Dominance, Artificial Intelligence Plans On Watch
Tuesday, October 24, 2023 - 1:07pm | 1010Technology giant Meta Platforms Inc (NASDAQ: META) is among the most anticipated quarterly earnings reports of the week. The company reports third-quarter financial results after the market close Wednesday, Oct. 25. Here’s a look at the estimates from analysts, what analysts are saying...
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Microsoft Q1 Earnings Preview: Analyst Estimates, Video Game Update, Artificial Intelligence Opportunity
Monday, October 23, 2023 - 12:02pm | 1065Technology giant Microsoft Corp (NASDAQ: MSFT) will report first-quarter financial results after market close on Tuesday, Oct. 24 in a week that includes earnings from some of the biggest technology companies. Here’s a look at the earnings estimates, what analysts were saying and key...
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Why Cathie Wood Picks Tesla Over Nvidia As Top AI Play For Next 5 Years
Monday, October 16, 2023 - 2:58pm | 689Shares of technology giant Nvidia Corporation (NASDAQ: NVDA) are up over 220% year-to-date in 2023, a move that has helped propel the company into the one-trillion dollar market capitalization club. Ark Invest may have been early to the large movement, but also sold out of the position early,...
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Generative AI Is As Transformative As The Telephone, Bank Of America Says: 10 Stock, ETF Trading Ideas
Wednesday, October 11, 2023 - 12:43pm | 1045Artificial intelligence has been on the minds of companies and investors throughout 2023 as one of the top trending items. Bank of America noted the impact artificial intelligence can have on several sectors going forward and made the claim it could be highly disruptive. Here’s a...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet
Friday, September 22, 2023 - 10:40am | 931Investors are constantly on the hunt for undervalued, under-followed, and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information. Benzinga’s Stock Whisper Index uses a combination of proprietary...
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Oracle Q1 Earnings Recap: Larry Ellison Highlights AI's Bright Future
Monday, September 11, 2023 - 4:25pm | 514Software company Oracle Corp (NASDAQ: ORCL) reported first-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Oracle reported first-quarter revenue of $12.45 billion, which was up 9% year-over-year. The revenue total beat a Street consensus estimate...
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Elon Musk, Sam Altman, Grimes, Jensen Huang Are Among Time Magazine's Top Artificial Intelligence Voices
Friday, September 8, 2023 - 1:05pm | 1008Among the hottest topics of 2023 has been the rise of artificial intelligence (AI), especially since the valuations of public and private companies involved in the sector have surged. A new list highlights the top 100 people in the field and it includes some recognizable names. Here are some...
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Musk, Zuckerberg Set For Face-to-Face Encounter; No Cage Involved, Bill Gates Joins Too
Monday, August 28, 2023 - 6:10pm | 681Two of the richest people in the world have traded insults with each other over the past several months with plans to settle their differences in a cage match. While the fight may not happen, the two billionaires could be in a room together soon. What Happened: After accusations of Meta Platforms...
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Here's How Much The Wealth Of Nvidia CEO Jensen Huang Has Grown In 2023
Thursday, August 24, 2023 - 12:24pm | 457Semiconductor giant NVIDIA Corporation (NASDAQ: NVDA) continued its huge 2023 with second-quarter financial results that beat analysts’ expectations. With the strong quarterly results and a surging stock price, the wealth of Nvidia co-founder and CEO Jensen Huang rises. What Happened:...