AI chip industry leader Nvidia’s high market share draws federal prosecutors’ scrutiny
The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip ...
Fierce Healthcare16h
Nvidia's venture arm backs $17M investment in Hippocratic AI to build out generative AI healthcare agents
Three months ago, startup Hippocratic AI released its first commercial product, a generative AI-based, task-specific ...
Times West Virginian17h
Wall Street soars to records in a rate-cut rally that swept the world
NEW YORK — Wall Street leapt to record highs as delayed jubilation swept across markets worldwide following the Federal ...
Wall Street Breaks Records, Chipmakers Rally, Tesla Hits 2-Month High As Fed Cut Drives Risk-On Mode: What's Driving Markets Thursday?
Wall Street is in full risk-on mode following the Federal Reserve’s landmark decision to slash interest rates by 50 basis ...
The major AI stocks have on average lower EPS growth rate than the S&P 500
As of September, the average AI ETF year-over-year EPS has fallen behind the S&P 500 EPS, after surpassing it in 2023.
Seeking Alpha23h
American Century Focused Dynamic Growth Fund Q2 2024 Commentary
Performance continued to be largely driven by the stocks of companies currently benefiting from artificial intelligence and those expected to benefit as AI is incorporated into their businesses.