S&P 500 off lows but remains pressured as Fed jitters drive up Treasury yields

Evercore ISI Defending Alphabet (GOOGL), Says 'GOOG’s AI technology is at least as good as the competition'

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $125.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "Google hosted a Google Presents event this morning focused on new AI-powered services across some of its key consumer products primarily Search & Map, with a muchanticipated (though lightly-teased) answer to ChatGPT Bard.... More

Atlantic Equities on Alphabet (GOOGL) Following Microsoft (MSFT) AI Bard: 'potentially impact profitability in the search market'

Atlantic Equities analyst James Cordwell reiterated an Overweight rating and $115.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "...the launch does intensify competition and potentially impact profitability in the search market, with this development thus more of a negative for... More

Beep Inc. appoints three new executives in leadership expansion

Autonomous mobility company, Beep, Inc. announced Wednesday that the company has expanded its leadership team with the appointments of three new executives to aid in the scalability of their next generation platform.

Katrina Heineking joins Beep as Executive Vice President, Operations, bringing more than three decades of experience in transit systems in the public and private sectors. Prior to joining Beep, Katrina was responsible for helping create and head... More

Apple to hold in-person AI summit for employees following ChatGPT buzz claims Bloomberg reporter

According to Bloomberg's Mark Gurman, Apple (NASDAQ: AAPL) will hold an AI summit for employees on the heels of the recent noise surrounding OpenAI's ChatGPT and launches from Microsoft and Google.

Gurman tweeted the news on Monday. It will be Apple's first in-person event since the pandemic began.... More

Google releases new AI 'Bard' to testers ahead of public release

Googles parent company, Alphabet Inc, (NASDAQ: GOOG) announced in a blog post on Monday that the company is planning to launch a chatbot service called Bard. Bard is powered by LaMDA, Google's AI that can generate human-like prose. The technology company opened the conversational AI service to test users for feedback, and will be followed by a public release in the coming... More