Companies are spending hundreds of billions of dollars to develop artificial intelligence models, hoping to establish technological advantages that could translate into lasting commercial returns. But as competitors release increasingly…
Category:
Stock
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US stocks fell sharply on Friday, with the Nasdaq Composite recording its largest one-day percentage decline since June 5 as disappointing results from Intel and Amazon intensified concerns about the…
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Intel shares plunged in after-hours trading on Thursday after the chipmaker issued a weaker-than-expected fourth-quarter outlook, overshadowing stronger earnings and rapid growth in its data-centre and artificial intelligence business. The…
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US markets closed higher on Wednesday after the Federal Reserve kept interest rates unchanged, while investors assessed the outlook for further monetary tightening and awaited quarterly results from major technology…
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Visa Inc (V) delivered another quarter of double-digit growth late on Tuesday, reporting fiscal Q4 revenue of about $12.14 billion and adjusted earnings per share (EPS) of $3.48. Revenue increased…
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The Dow Jones and Nasdaq 100 have remained under intense pressure in recent days as concerns about the artificial intelligence (AI) sector persist. The tech-heavy Nasdaq 100 Index (NDX) slumped…
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US stocks ended lower on Friday as losses spread beyond technology shares, while rising oil prices and renewed concerns over the US-Iran conflict added pressure to markets. Investors also looked…
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US stocks fell on Thursday as renewed concerns about artificial intelligence spending pressured technology shares, while rising geopolitical tensions in the Middle East pushed oil prices to a five-month high.…