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Wall Street expects Nvidia's earnings to increase at 35% annually ... is the largest digital advertiser and third-largest public cloud, and the company is using AI to strengthen its standing in both markets. For instance, its leadership in advertising ...

Wall Street giants have committed over $11 billion to a tech gold rush centered around Nvidia’s AI chips. Blackstone, Pimco, Carlyle, and BlackRock have fueled this new debt market, lending massive sums to “neocloud” firms like CoreWeave,

Wedbush analyst Dan Ives is out with an early reaction to Palantir's "eye-popping" results, featuring beats across the board.

Amazon, Microsoft, Meta, and Alphabet have invested significant sums in AI infrastructure – money that has not yielded justifiable returns at this point – to the displeasure of Wall Street. And yet Big Tech is not to be deterred. Tech giants are set to ...

Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with massive AI spending begins to wear thin.A tech stock selloff deepened Thursday as investors confronted the mounting costs of Silicon Valley’s artificial intelligence ambitions.

Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These “neo-cloud” firms are leveraging NVIDIA’s powerful GPU technology to dominate the AI market, creating a lucrative new debt ...

Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.

Apple’s dim outlook for this quarter wasn’t the biggest surprise. Still, there is some value in finally getting the news out. Apple’s shares slipped more than 1% Friday morning following the company’s

Sharply rising capital investments show no sign of slowing as the latest reports fail to excite investors.

Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.

Citadel Securities is a massive hedge fund known on Wall Street known as one of the most successful institutional investors around. This year has been kind to the firm. Net trading revenue from the combined first two quarters of 2024 was up 81% year over year, earning Citadel nearly $5 billion.