The S&P 500's recent rally has paused, with significant price adjustments in tech and semiconductor sectors. The market is now looking to upcoming earnings reports from major tech companies to confirm growth and justify current valuations, especially given the massive AI-related capital expenditures by firms like Alphabet, Microsoft, Amazon, and Meta. The S&P 500 is trading at its lowest forward PEG ratio since 1995, suggesting potential for further gains if earnings meet expectations. This earnings season will be crucial in determining whether the market can sustain its rally or enter a period of consolidation.
Barret Zoph, co-founder of AI startup Thinking Machines and former OpenAI executive, has left OpenAI after a brief return to join Google as vice president of research. Zoph's move highlights the high turnover in the AI industry, especially at OpenAI,...
Over 100 leading tech companies, including OpenAI, Google, Microsoft, and cybersecurity firms like Crowdstrike, have signed an open letter calling for joint efforts between private and public sectors to combat increasing AI-enabled cyber threats. The...
Google introduced a special-edition Fitbit Air that integrates with Pokémon Sleep, a game that rewards players for healthy sleep habits by turning sleep into a gameplay experience. This device tracks daily movement, heart rate, and sleep quality, syn...
Dan Ives highlighted six AI stocks—Microsoft, Alphabet, Amazon, Palantir, CrowdStrike, and NVIDIA—as leaders in the next AI growth phase during a CNBC broadcast. All these stocks were already held in his Dan Ives Wedbush AI Revolution ETF, but this w...
Google has enhanced its AI Mode to act as a virtual travel agent, allowing users to plan and book trips through conversational search. Users can now track flight prices, book hotels, and view costs in points or miles. The tool aggregates options from...
