Meta Platforms Inc. (NASDAQ:META) stock gained after a report indicated that the Facebook parent is preparing to reduce resources for its metaverse efforts significantly. CEO Mark Zuckerberg had previously touted the metaverse project as central to the company's future and…
The Bitcoin (CRYPTO: BTC) mining sector is running on faulty math — and the gap is big enough to distort every valuation screen on Wall Street. Track $BTC price here. That’s according to JPMorgan analyst Reginald L. Smith. In a…
With Nvidia Corp (NASDAQ:NVDA) reporting third quarter earnings after the bell, the stock isn't charging into the print with its usual swagger — it's limping in. NVDA is down about 15% since late October with the technical setup signaling neither…
Toymaker Mattel Inc. (NASDAQ:MAT) will team up with OpenAI to test the ChatGPT maker’s artificial intelligence video model, Sora 2. Altman Unveils Mattel Partnership to Test Sora 2 OpenAI’s CEO, Sam Altman, announced the collaboration at the company’s Developer Day conference in San Francisco…
Advanced Micro Devices Inc.’s (NASDAQ:AMD) multi-year deal with OpenAI could unlock $135 billion in revenue and mount a serious challenge to Nvidia Corp.’s (NASDAQ:NVDA) long-standing dominance, according to Goldman Sachs. In a note shared Tuesday, the bank’s analyst James Schneider…
Advanced Micro Devices (NASDAQ:AMD) shares surged premarket Monday following a landmark agreement with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for the tech giant's next-generation AI infrastructure. The initial phase will see a 1-gigawatt rollout…
PayPal Holdings, Inc. (NASDAQ:PYPL) and alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) announced a two-year agreement on Wednesday under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by…
Nvidia Corp (NASDAQ:NVDA) just flipped the script on corporate strategy: it gives customers money to buy its chips and, in return, secures its own growth. The $100 billion planned investment in OpenAI isn't charity; it's a masterstroke in demand engineering.…
Apple Inc (NASDAQ:AAPL) is showing strong early demand for the iPhone 17, leading to analysts highlighting more upside in shares. AAPL stock is up today. See the market dynamics here. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated…
Jack Ma has re-emerged at the center of Alibaba Group (NYSE:BABA) as the company intensifies its push into artificial intelligence and revives competition with JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY). After years on the sidelines during Beijing’s sweeping crackdown on technology…
