Super Micro Computer, Inc. (NASDAQ:SMCI) stock surged on Thursday, continuing the upward momentum observed on Wednesday. The upward movement follows the company’s announcement regarding the launch of its new Kubernetes Edge AI appliances. The turnkey hardware and software solution was…
Meta Platforms Inc. (NASDAQ:META) stock were up about 1% on Monday as investors returned to large-cap technology stocks. The broader market also moved higher, with the Nasdaq gaining 1.39% and the S&P 500 advancing 0.52%. Traders are rotating back into…
When investors think about artificial intelligence winners, names like Nvidia Corp. (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO) and Micron Technology Inc. (NASDAQ:MU) typically dominate the conversation. Kerrisdale Capital believes investors may be overlooking another AI beneficiary: Regal Rexnord Corp. (NYSE:RRX). In a…
Palantir Technologies Inc. (NASDAQ:PLTR) shares are rising on Friday, snapping a severe seven-day losing streak that recently dragged the equity down to a fresh 52-week low of $106.37. The Nasdaq is down 1.40% while the S&P 500 has shed 0.67%.…
Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan‘s influence in the artificial intelligence chip race extends beyond the company he leads. According to The Information, AI chip startup SambaNova Systems is in talks to raise between $800 million and $1 billion at…
Micron Technology Inc. (NASDAQ:MU) stock climbed about 6% on Monday, extending a strong rally as investors positioned ahead of the company’s earnings report later this week. The stock outperformed the broader market, with the Nasdaq gaining 0.38% and the S&P…
UK Prime Minister Keir Starmer is reportedly planning to announce a ban on “harmful” social media platforms for children under 16, while still allowing access to safer platforms. Starmer’s decision to impose restrictions comes after discussions with grieving parents and reviewing evidence from Australia, which…
While Wall Street keeps hunting for the next artificial intelligence winner, Bank of America’s top chip analyst says the best AI trade remains the market’s most obvious one. The next Nvidia Corp. (NASDAQ:NVDA) is still Nvidia. Why Bank Of America…
The AI infrastructure buildout may be accelerating even faster than industry insiders anticipated. During Broadcom Inc‘s (NASDAQ:AVGO) fiscal second-quarter earnings call, CEO Hock Tan revealed that compute requirements from OpenAI and Anthropic are already running ahead of expectations set just…
Microsoft AI CEO Mustafa Suleyman said healthcare may be the most important use case for artificial intelligence as Microsoft Corp. (NASDAQ:MSFT) and Mayo Clinic launched a partnership to build a healthcare-focused AI model aimed at improving diagnoses, treatment decisions and…
