The artificial intelligence (AI) market is currently valued at $208 billion and is projected to jump more than 780% to $1.8 trillion by 2030, according to Statista. That immense potential market attracted the attention of many of the world's most valuable companies, all hoping to
Electronic Arts (NASDAQ: EA) is scheduled to report its fiscal FYQ4 2023 results on Tuesday, May 9. We expect EA to post revenue and earnings exceeding the consensus estimates. The company should benefit from continued demand for some of its popular titles, including FIFA 23, N
Alphabet (Google)’s stock (NASDAQ: GOOG) has gained around 20% YTD as compared to the 8% rise in the S&P500 index over the same period. That said, at its current price of $107, the stock is trading 16% below its fair value of $127 – Trefis’ estimate for
This year has seen windfall gains for several artificial intelligence (AI) companies and start-ups. The launch of OpenAI's ChatGPT and the rapid expansion of its user base (100 million active monthly users in January) triggered an intense race in the tech sector to rapidly explor
Investors just received a flood of fresh information about Microsoft's (NASDAQ: MSFT) sprawling tech business. The company revealed in its fiscal third-quarter earnings report that sales growth accelerated in the cloud services niche while demand slumped in its PC business.
As everybody knows by now, artificial intelligence (AI) has been Wall Street’s shiny new toy in 2023, with companies speaking on the technology in a snowballing fashion.
The NASDAQ 100 After Hours Indicator is down -7.66 to 13,251.47. The total After hours volume is currently 83,646,329 shares traded.The following are the most active stocks for the after hours session: Apple Inc. (AAPL) is -0.13 at $173.44, with 3,557,335 shares traded. As repor
Apple's stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession.
Onto Innovation Inc ONTO reported first-quarter 2023 earnings of 92 cents per share that beat the Zacks Consensus Estimate by 4.6%. However, the bottom line decreased 29.8% year over year.Revenues of $199.2 million missed the Zacks Consensus Estimate by 0.4%. The top line
Itron Inc. ITRI reported non-GAAP earnings of 49 cents per share in first-quarter 2023, surpassing the Zacks Consensus Estimate and prior-year quarter's earnings of 11 cents each.Revenues were $495 million, which beat the Zacks Consensus Estimate by 5.6%. The top line imp
Meta Platforms Inc has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at British chip unicorn Graphcore.
Alphabet's (NASDAQ: GOOGL) Google search engine has dominated the web for nearly two decades as the tool people use to look up anything and everything. "Googling" has become a verb, and more than eight in 10 global searches are done through Google.
C3.ai (NYSE: AI) took investors on a wild ride after its IPO in December 2020. The enterprise AI software company went public at $42 per share, more than quadrupled to its all-time high of $177.47 in the same month, but now trades at around $17.
Investors can't seem to stop talking about artificial intelligence lately, and for good reason. Leading tech companies spend billions creating this technology, which will have a massive impact on future earnings, although the hype will probably wane soon. Microsoft (NASDAQ: MSFT)
Identifying a company in the early stages of its growth from a new product or service can lead to fantastic returns, but it can also cause investors to lose big on hot stocks that eventually peter out. Fortunately, investors don't have to take chances when it comes to the emergin
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