With the announcement of Apple’s (NASDAQ:AAPL) new approach to artificial intelligence (AI) called Apple Intelligence, three of the biggest cloud computing stocks are about to reach the next level of consumer exposure. That’s because Apple is now moving toward offering on-device, artificial intelligence through a partnership with OpenAI for its ChatGPT platform. While the AI
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The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year.  In its latest World Economic Outlook update, the IMF said “the momentum on global disinflation is slowing, signaling bumps along the path.” The rise in sequential inflation in
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Consumer spending makes up 70% of the GDP and is a driving force of the global economy. Without consumer spending, companies go out of business and lay off workers. People spending less money can create a negative feedback loop for the economy until the course reverses. While fads come and go, some companies continue to generate
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Following the June 27 presidential debate, the leader of Russia, Vladimir Putin, openly stated how seriously he takes former President Donald Trump’s commitment to ending the war in Ukraine. With Trump vocal about the importance of ending America’s wars, it’s likely the defense industry will take a hit following the closure of Europe’s biggest war
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It may not be prevalent in our day to day lives right now, but space is definitely the future. The number of rocket launches per year is increasing worldwide. There were 211 successful launches in 2023, marking an almost 20% increase from 2022. The space economy market is growing quickly. It is expected to reach
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Snowflake (NASDAQ:SNOW) has been in the cloud industry “penalty box” since former CEO Frank Slootman retired suddenly at the end of February. Snowflake is a cloud data warehouse that competes with Cloud Giants like Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), as well as privately held competitors including Databricks, Motherduck and Clickhouse. Its fall has been precipitous.
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These companies are some of the best picks for semiconductor stocks to buy now.  It’s an interesting time for companies in the semiconductor business. The rise of AI has brought growing demand for specialized, high-performance chips with it, and that’s translated into a small-scale gold rush of sorts for semiconductor chips. Semiconductor chips are electronic
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Nvidia (NASDAQ:NVDA) has been central to the AI revolution, with shares surging nearly 200% over the past year. The recent 10-for-one split enhanced accessibility for retail investors, who rushed into Nvidia stock after missing the earlier rally.  However, Nvidia faces competition from homegrown GPUs by companies like Meta Platforms (NASDAQ:META) and Amazon (NASDAQ:AMZN), as well
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The Magnificent 7 stocks have been the talk of Wall Street, and for good reason. These tech titans — Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA) — have delivered stellar returns, driving the stock market to new heights. In fact, these seven stocks now account
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In May, the Securities and Exchange Commission (SEC) charged Colorado-based audit firm BF Borgers with massive fraud. Specifically, the SEC stated that the auditor had engaged in “deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January
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