IBM is poised for its best day of the century
Shares of are topping the S&P 500 as the American computer icon, based in Armonk, New York, is on track for its best trading day of the millennium. Per FactSet, Wall Street analysts are quickly revis...
IBM finally has an AI strategy the market loves
American computing icon is up big in early trading, up over 11% as of 9:45 a.m. ET, after it posted better-than-expected profits after the close on Thursday. A key to the market reaction — the stock ...
ServiceNow needs serenity now!
Business software company — one of the boring AI software stocks like that traders have flocked to since Monday’s DeepSeek revelation made some leery of big bets on AI infrastructure — is getting ba...
A very boring company might be worth paying attention to
is getting a moment in the sunshine, as the mind-numbingly boring “application services” company tops the S&P 500 list of performers on Wednesday. The Seattle company, which has been around since the ...
OpenAI launches “ChatGPT Gov”
OpenAI announced “ChatGPT Gov” as part of its aggressive pursuit of US government contracts. Seeking to allay security and privacy concerns raised by using a consumer product in government agencies, O...
Salesforce is reaping the benefits of Benioff’s AI free-riding
What do Marc Benioff and Liang Wenfeng have in common? Both the Salesforce CEO and hedge fund manager who founded DeepSeek are reportedly piggybacking off the billions in capital spending by US tech g...
Palantir “to benefit from a tidal wave of federal spending”
Wedbush tech analyst and Wall Street’s most flamboyant dresser Dan Ives is out with a new bullish screed on , the company he’s taken to calling the “Messi of AI,” hiking his price target from $75 to $...
Wall Street thinks Palantir shares are wildly overvalued
Shares of defense- and intelligence-software company Palantir are up for the third straight session Thursday, making up some of the ground they lost during their 20% tumble to start this year on the h...
Google is upping the price of Workspace and giving users the AI tools that many didn’t want to buy
Google’s AI is now coming for your Gmail, Google Docs, Google Sheets, and more, with the tech giant integrating its AI assistant for its Business and Enterprise Workspace customers. Instead of paying...
Amazon’s Alexa gen-AI “brain” transplant still has a lot to learn
is aiming to relaunch its long-struggling assistant Alexa as an AI agent that can complete useful tasks for users. It’s still got a bunch of hurdles to overcome in order to “enable even more proactive...
OpenAI’s “AI in America” blueprint is really a list of demands for the US government
OpenAI just published a 15-page manifesto titled “ AI in America: Open AI’s Economic Blueprint .” But if you read between the lines, the blueprint boils down to a wish list of things that OpenAI wants...
Analysts raise Amazon price target on generative-AI opportunities
Morgan Stanley called an “underappreciated GenAI leader” in an analyst note Monday and raised the e-commerce giant’s price target to $280 from its previous target of $230. That would imply a 29% incr...
Nvidia’s key partners are rallying after shout-outs from CEO Jensen Huang
When CEO Jensen Huang delivered his keynote speech at CES on Monday evening, he expressed excitement about not only , but also the company’s many publicly traded partners working toward intertwining A...
Nvidia rallies on ambitions to bring AI into the real world
Nvidia CEO Jensen Huang unveiled new gaming chips and talked up AI’s capabilities and the scope for integrating this technology more deeply into the physical world during his keynote speech at CES 202...
Shares of SoundHound rival Cerence surge on Nvidia collaboration
, a vendor of voice-recognition software and a rival of retail trading favorite , has seen its shares go vertical in recent days since issuing a jargon-laden press release announcing an “expanded coll...
Morgan Stanley still skeptical on Palantir, sees 25% drop
Morgan Stanley analysts still think that shares are overvalued after the nearly 390% rocket ride they’ve had over the past 12 months. In a report Monday, Morgan Stanley analysts admitted getting some...
It’s hard to lose money selling a $200 a month subscription, but OpenAI is doing exactly that
OpenAI is currently losing money on its newest and most expensive subscription, ChatGPT Pro, because people are using it more than the company expected, Sam Altman said in a post on Sunday.
Meta’s fake AI users are here and they’re giving everybody the creeps
After spending tens of billions of dollars cramming generative AI into pretty much all its products, is trying to juice engagement on its platforms by creating fake AI users, posting AI-generated ima...
Palantir’s boring but profitable path forward
The defense-tech bro swagger of CEO Alex Karp has been a key to capturing the attention of an intensely loyal retail shareholder base for the company. The stock’s 340% share surge last year and its p...
Meta wants to drive engagement with fake users
For years, several social-media companies have battled slowing engagement on their platforms. Now has a solution: AI. The company is rolling out a number of AI tools, including one where users can cr...