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Nvidia, Apple, Microsoft Race Toward $4T Market Cap: Analyst Expects AI-Driven Tech Rally To Deliver 15% Returns Over Next 6 Months
Monday, July 1, 2024 - 12:32pm | 635The tech sector is buzzing with excitement as industry giants Nvidia Corp (NASDAQ:NVDA), Apple Inc (NASDAQ:AAPL) and Microsoft Corp (NASDAQ:MSFT) race towards the coveted $4 trillion market cap. The second half of 2024 promises even more thrills, with a projected 15% surge in tech stocks fueled by...
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Big Tech Dominance: 5 Companies Projected To Lap Average S&P 500 Stock's Earnings Growth
Thursday, June 20, 2024 - 2:38pm | 592Despite the underperformance of several sectors, the SPDR S&P 500 ETF Trust (NYSE:SPY) has already exceeded its average annual return in just over six months. Amid unprecedented gains by big tech companies, how much can the S&P 500’s performance be attributed to the dominance of just...
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Google's Ex-CEO Eric Schmidt, Amazon, Salesforce Propel France's Ambition To Be Global AI Leader
Friday, May 31, 2024 - 2:55am | 591France is making strides in its bid to become a global leader in artificial intelligence (AI), backed by major U.S. tech companies. What Happened: France is positioning itself as the next AI superpower. The recent Viva Technology conference in Paris highlighted the nation’s progress in AI,...
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Disney Following Netflix's Footsteps Out Of App Stores? Bob Iger Demands Better Deals From Apple, Google
Friday, May 17, 2024 - 7:10am | 658Walt Disney Co (NYSE:DIS) CEO Bob Iger has voiced his concerns about the revenue share with major tech companies, including Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG). What Happened: Iger expressed his dissatisfaction with the current revenue-sharing model at the...
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Jim Cramer Suggests End Of Market Sell-Off, Points To Big Tech Recovery: 'Stop Waiting For A Correction'
Monday, May 6, 2024 - 11:15pm | 654CNBC’s Jim Cramer has indicated that the recent market sell-off, particularly in the Big Tech sector, may have come to an end. What Happened: Cramer, the host of “Mad Money,” suggested that the market may have bottomed out, citing the recent rally in the averages on Monday. He...
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Jim Cramer Sees Nvidia As Going 'From Star Of The Show To Being The Goat Of The Game'
Monday, April 22, 2024 - 11:17pm | 783CNBC’s Jim Cramer, on Monday, highlighted the positive performance of the stock market but cautioned that the upcoming Big Tech earnings could determine the market’s future. What Happened: Despite the positive market performance, Cramer warned that the upcoming Big Tech earnings,...
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Jim Cramer Reveals Nvidia's Non-Tech Partners That Can Be Potential Market Winner: 'Best Opportunities'
Tuesday, March 19, 2024 - 11:03pm | 677CNBC host Jim Cramer has spotlighted several lesser-known partners of NVIDIA Corp (NASDAQ:NVDA) that could potentially benefit from the company’s advanced artificial intelligence (AI) technology. What Happened: Cramer, while reporting from Nvidia’s conference in San Jose, California,...
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Jim Cramer Dismisses Bearish Market 'Scares' After Wednesday's Rebound: 'No Need To Pretend That The Sky Is Falling'
Wednesday, February 14, 2024 - 9:29pm | 719Jim Cramer, the host of CNBC’s “Mad Money,” has urged investors not to be alarmed by the recent market fluctuations, dismissing five bearish signals as part of the normal market cycle. What Happened: Cramer, in his Wednesday show, highlighted that the market has experienced...
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Google, Meta Poach The Most Talent From Other Tech Companies: 1 In 4 Of Their Employees Come From Other Tech Giants
Thursday, November 30, 2023 - 8:46am | 726Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc. (NASDAQ:META) poach the most talent from other big tech companies, accounting for one out of every four employees at these two companies. What Happened: A new survey has shed light on just how intensely Google and Meta...
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Wall Street On AI: Less Talk, More Action — Tech Titans' Strategies Unveiled
Wednesday, November 22, 2023 - 3:30pm | 773U.S. corporations are moving from words to deeds when it comes to artificial intelligence (AI). As Goldman Sachs highlighted in a note, mentions of AI have tapered off slightly from last quarter’s peak. But investment commitments by U.S. companies to this transformative technology continue...
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Microsoft, Google-Parent Alphabet, Snap, Amazon, Tesla: Why These Five Stocks Are Trending Today?
Tuesday, October 24, 2023 - 9:30pm | 745U.S. stocks showcased a positive momentum on Tuesday. The Dow Jones index surged, marking an increase of over 200 points or 0.62% to 33,141.38. The NASDAQ and the S&P 500 indices also followed suit, with the former rising by 0.93% to 13,139.87 and the latter gaining 0.73% to settle at 4,247.68...
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The Silicon Valley Wage War: Unveiling Salaries Of Top Talent At Apple, Microsoft, Google
Friday, September 29, 2023 - 3:52pm | 753Apple Inc (NASDAQ: AAPL), Microsoft Corp (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG) offer some of the highest salaries in Silicon Valley. This allows the companies to attract some of the best talent and, in turn, deliver some of the most cutting-edge technology advancements...
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Meta's Quest 3 Launch, AI Agents And More: Get Ready For Connect Developer Conference
Tuesday, September 26, 2023 - 11:37am | 714Meta Platforms, Inc. (NASDAQ:META) is set to unveil groundbreaking advancements at its annual Connect developer conference, scheduled for Sept. 27-28. Among the anticipated highlights is the official launch of Quest 3, a virtual reality headset promising to redefine the VR experience. Beyond Quest...
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Nvidia's Smashing AI-Fueled Quarter Marks The Official Beginning Of A New Computing Era
Thursday, August 24, 2023 - 1:58pm | 774On Wednesday, Nvidia Corporation (NASDAQ: NVDA) went far beyond estimates with its quarterly performance report. This “drop the mic” moment, as described by Reuters, led to a 6.5% rise of its New York shares in extended trading, adding to its gains this year during which it became the...
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Palantir Is Still Not Showing Its AI Superpower
Tuesday, August 8, 2023 - 1:22pm | 475On Monday, Palantir Technologies Inc (NYSE: PLTR) reported 13% revenue growth while also issuing third quarter guidance that topped estimates, implying an acceleration in revenue growth. As for the AI hype, Palantir CEO Alex Karp emphasized that the data company aims to do much more than merely...