IBM releases new AI models for businesses as genAI competition heats up

Original source: https://www.investing.com/news/stock-market-news/ibm-releases-new-ai-models-for-businesses-as-genai-competition-heats-up-3672002

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TSMC third-quarter profit seen jumping 40% on strong AI chip demand

Original source: https://www.investing.com/news/stock-market-news/tsmc-thirdquarter-profit-seen-jumping-40-on-strong-ai-chip-demand-3660833

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Foxconn beats estimates with record third-quarter revenue on AI demand

Original source: https://www.investing.com/news/stock-market-news/foxconn-thirdquarter-revenue-jumps-20-yearonyear-3650110

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China urges local companies to stay away from Nvidia AI chips – report

Bloomberg is out with a report saying China is ramping up pressure on domestic companies to use domestic chip products rather than Nvidia chips. Shares of Nvidia are down 3.5%…

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Oracle shares rise further to record high on bumper AI-fueled forecast

Original source: https://www.investing.com/news/stock-market-news/oracle-shares-rise-further-to-record-high-on-bumper-aifueled-forecast-3614632

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Apple iPhone 16 reveal offers ‘no surprises,’ AI rollout in focus- analysts

Original source: https://www.investing.com/news/stock-market-news/apple-iphone-16-reveal-offers-no-surprises-ai-rollout-in-focus-analysts-3608498

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Microsoft Stock Earnings Analysis ($MSFT)

In this video, Microsoft’s stock price went down after a positive earnings report. The reason behind the drop is that investors are concerned about Microsoft’s spending on artificial intelligence (AI),…

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Nvidia’s forecast dampens AI enthusiasm in other tech stocks

Original source: https://www.investing.com/news/stock-market-news/nvidias-forecast-dampens-ai-enthusiasm-in-other-tech-stocks-3592111

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Anthropic says California AI bill’s benefits likely outweigh costs

Original source: https://www.investing.com/news/stock-market-news/anthropic-says-california-ai-bills-benefits-likely-outweigh-costs-3584552

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