Tech Stocks Tumble as Broadcom Plunge Rattles Market
Technology stocks led a broad market decline on Friday, with the Nasdaq falling 1.7% after Broadcom's shares plunged over 11% on a weak outlook.
#Stock Market#Nasdaq#Broadcom
#Artificial Intelligence
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Micron Stock Surges as AI Demand Fuels Analyst Optimism
Wall Street analysts are significantly raising their price targets for Micron Technology, with some reaching $300, driven by soaring AI-related demand for memory chips.
#Micron Technology#Stock Market#Artificial Intelligence
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IBM Makes $11 Billion AI Bet with Confluent Acquisition
IBM has announced an $11 billion all-cash deal to acquire data streaming company Confluent, a strategic move to significantly boost its AI and cloud offerings.
#IBM#Confluent#Artificial Intelligence
Medicare's New AI Program Sparks Concern Among Doctors
A new Medicare pilot program using AI to approve or deny medical care is facing backlash from doctors who fear it will create barriers to treatment for seniors.
#Medicare#Healthcare Policy#Artificial Intelligence
SoundHound AI Reports Record Revenue Amid Stock Volatility
SoundHound AI has reported a 68% year-over-year revenue increase to $42 million, but its stock has declined 44% year-to-date amid concerns over its net loss.
#SoundHound AI#Artificial Intelligence#Stock Market
Tech Stocks and Bitcoin Gains Drive Market Rebound
U.S. stocks closed higher on Tuesday, driven by a strong rebound in technology shares and a 7% surge in Bitcoin as investors grow more hopeful about a Fed rate cut.
#Stock Market#Federal Reserve#Artificial Intelligence
Cathie Wood's Ark Invest Makes Major Bet on Google and Crypto
Ark Invest, led by Cathie Wood, made significant investments in late November, purchasing over $56 million in Google shares and millions more in crypto firms.
#Cathie Wood#Ark Invest#Google
Cathie Wood Bets on AI Firm CoreWeave Amid Stock Plunge
Cathie Wood's ARK Invest has acquired a $24 million stake in AI infrastructure firm CoreWeave, despite the stock's recent 42% plunge after a revised sales forecast.
#Cathie Wood#ARK Invest#CoreWeave
Markets Eye Nvidia as Retailers Signal Economic Caution
Investors are closely watching Nvidia's earnings as a key test for AI enthusiasm, while major retailers like Target and Lowe's signal caution by lowering forecasts.
#Nvidia#Stock Market#Retail
Wall Street Dips as Investors Brace for Nvidia, Data
U.S. stock markets fell sharply as investors grew nervous ahead of Nvidia's earnings and a wave of delayed economic data, raising concerns about tech valuations.
#Stock Market#Nvidia#US Economy
US Markets Tumble as AI Stock Sell-Off Spreads
U.S. markets recorded their worst day since October, driven by a sharp sell-off in AI and technology stocks amid growing concerns over high valuations.
#Stock Market#Artificial Intelligence#Federal Reserve
Tech•
AMD Forecasts $1 Trillion AI Market, Challenges Nvidia
Advanced Micro Devices has doubled its forecast for the AI data center market to $1 trillion and announced key partnerships, signaling a serious challenge to Nvidia.
#AMD#Nvidia#Artificial Intelligence