Magnificent 7 profits now exceed almost every country in the world. Should we be worried?
The so-called "Magnificent 7" U.S. tech behemoths encompass Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. Source link
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Alphabet Inc.
Singapore’s AI ambitions get a boost with $740 million investment plan
Singapore will invest more than 1 billion Singapore dollars (about $743 million) over the next five years for AI, said
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EU reportedly set to fine Apple 500 million euros amid antitrust crackdown
The European Commission is set to fine Apple a historic 500 million euros over alleged breaches of EU competition law,
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Companies — profitable or not — make 2024 the year of cost cuts
The largest U.S. companies are cutting jobs and reducing expenses as Americans pull back after a period of aggressive inflation.
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Microsoft, Google, Amazon and tech peers sign pact to combat election-related deepfakes
A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation heading into the
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Trade Desk shares soar on revenue beat and strong guidance
Shares of The Trade Desk jumped over 18% on strong first-quarter guidance and a sales beat. Source link
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OpenAI just revealed new software that lets you create realistic video by simply typing a descriptive sentence
OpenAI announced Thursday it has expanded beyond text and images to offer video-generation AI for the first time. Source link
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Nvidia holdings disclosure pumps up shares of small AI companies
A filing from Nvidia late Wednesday shows the chipmaker has stakes in a handful of public companies. Source link
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Ole Andreas Halvorsen’s Viking Global bought this regional bank in the fourth quarter
Viking Global opened a notable position in the Minneapolis-based regional bank despite broad concerns surrounding the entire group. Source link
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