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Google expected to court coders, consumers at I/O conference
Reuters80d agoneutral
Google expected to court coders, consumers at I/O conference

Alphabet CEO Sundar Pichai will kick off Google's annual developer conference on Tuesday where the tech giant is expected to ‌reveal a flurry of artificial intelligence upgrades for consumers and coders. This year’s I/O conference in ‌Mountain View, California - traditionally Google’s flagship event for showcasing the cutting edge of its consumer-facing products - will be the company's ​first since last winter's major update to its Gemini AI model helped it regain ground in the AI race. Google parent Alphabet recently came within striking distance of Nvidia as the world’s most valuable company.

Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say
Reuters80d agoneutral
Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say

Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that ‌could be worth at least 20 billion riyals, two sources with knowledge of the matter ‌told Reuters, as the firm races to expand capacity amid a regional AI push. The move illustrates how Saudi Arabia, like Gulf neighbours ​Qatar and the United Arab Emirates, is accelerating its AI build-out to capitalise on surging global demand for computing power. The country is also banking on cheap energy to power data centres - a powerful lure for hyperscalers such as Google, Microsoft and Meta that are driving AI adoption.

Investing.com80d agoneutral
Nvidia earnings preview: Top 5 debates ahead of earnings

Investing.com -- Bank of America maintained a Buy rating and $320 price target on Nvidia ahead of the chipmaker’s fiscal first-quarter results due after the close on Wednesday, identifying five key debates likely to dominate investor focus beyond the headline beat-and-raise dynamics the firm expects.

The Trump Bull Market Has a Very Dark Side That Could End Badly for Investors
24/7 Wall St.80d agoneutral
The Trump Bull Market Has a Very Dark Side That Could End Badly for Investors

The stock market has climbed a wall of worry since President Donald Trump returned to the White House on Jan. 20, 2025. Tariff fights rattled investors. Treasury yields spiked. Recession fears surfaced more than once. Yet the benchmark S&P 500 has still surged roughly 23.5% since Inauguration Day. That kind of resilience usually feels bullish. ... The Trump Bull Market Has a Very Dark Side That Could End Badly for Investors

Nvidia's outlook will be a test of its strategy to maintain AI dominance
Reuters80d agoneutral
Nvidia's outlook will be a test of its strategy to maintain AI dominance

Nvidia is expected to deliver another blockbuster earnings report on Wednesday, but a shift in how artificial intelligence is used is raising doubts on how long its dominance in AI chips ‌can last. After years of near-monopoly in chips used to train AI systems, Nvidia is facing competition from tech giants building their ‌own chips to capture demand that is shifting toward processors that run AI systems, respond to queries and carry out tasks in real time. This so-called inference market is ​much larger, but also more contested.

Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
Bloomberg80d agobearish
Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts

(Bloomberg) -- Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes planned staff reductions later this week. Most Read from BloombergStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil Sanctio

SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla
Bloomberg81d agoneutral
SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27
Bloomberg81d agobearish
Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27

(Bloomberg) -- Apple Inc. is preparing a wave of artificial intelligence features for its next iPhone and iPad operating systems, including a grammar checker and new shortcut options, part of an effort to narrow the gap with capabilities available on rival devices.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as

Baidu Stock Climbs After Q1 Earnings As AI Growth Outshines Ad Concerns
Investor's Business Daily81d agobullish
Baidu Stock Climbs After Q1 Earnings As AI Growth Outshines Ad Concerns

Baidu stock climbed higher early Monday after the Chinese search engine company reported first-quarter results ahead of analyst expectations. Baidu said that it earned an adjusted 12.06 yuan per American depositary share for the March quarter, down 34% from a year earlier. Often compared to Google, Baidu was one of the quickest Chinese tech companies to embrace AI.