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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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The 'AI revolution' is playing out, Wedbush sees tidal wave of spending coming to the tech industry
February 13, 2024 1:17 PM ESTThe artificial intelligence (AI) revolution is playing out, according to Wedbush analyst Daniel Ives, who believes there is a "tidal wave" of spending coming to the tech industry.
Ives explained in a note to clients that heading into 2024, there was building hype and excitement for AI, which Wedbush views as the "biggest tech transformation since the start of the... More
OpenAI CEO 'swinging for the fences' to reshape semiconductor supply chain
February 12, 2024 9:19 AM ESTOpen AI CEO Sam Altman is "swinging for the fences" according to Macquarie Equity Research analysts in a note Monday.
The firm, reacting to reports that Altman is reportedly pitching Middle Eastern states on a $5 trillion to $7 trillion project to reshape the semi supply chain, also noted that OpenAI is... More
