Author: Advanced AI Bot
– ELENA SCOTTI/WSJ, GETTY IMAGES, BLOOMBERG As companies weave artificial intelligence into the fabric of their businesses, International Business Machines is making a case that it is relevant to investors again. But it still has a lot to prove. Without much fanfare, Chief Executive Arvind Krishna has built up $6 billion of bookings around generative AI. This mostly consists of consulting contracts for companies trying to harness the technology. IBM’s software business is also growing, and it has become more focused since the spinoff of its IT-outsourcing operation, now called Kyndryl, in 2021. It all adds up to a company…
Looking back on data infrastructure stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including C3.ai (NYSE:AI) and its peers. Generating insights from system level data is an increasing priority for most businesses, but to do so requires connecting and analyzing piles of data stored and siloed in separate databases. This is the demand driver for cloud based data infrastructure software providers, who can more readily integrate, distribute and process information vs. legacy on-premise software providers. The 4 data infrastructure stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 1% while…
Thanks to the quick evolution of artificial intelligence (AI), many aspects of life are being streamlined — including investing. However, you should always double-check the work of robots, and never lose sight of your own critical thinking skills. While the technology can be extremely helpful when it comes to investing in crypto specifically, experts say there are some common pitfalls to avoid. Find Out: How To Get a 10% Return on Investment (ROI): 10 Proven Ways For You: How Far $750K Plus Social Security Goes in Retirement in Every US Region “AI excels in a variety of areas when it…
Shares of technology and consulting giant IBM (NYSE:IBM) fell 7.5% in the afternoon session after the company reported mixed first-quarter 2025 results, as a significant operating income miss weighed on the overall performance. On the other hand, IBM exceeded expectations for revenue, adjusted EPS, and EBITDA. Overall, we think this was a decent quarter, with some key metrics above expectations. The areas below expectations seem to be driving the move, and shares traded down. The shares closed the day at $229.21, down 6.5% from previous close. The stock market overreacts to news, and big price drops can present good opportunities…
picture alliance / Contributor / Getty Images Shares of Google parent Alphabet (GOOGL) climbed Friday, leading shares of several other adtech and AI stocks higher, after showing signs of success with AI features. Alphabet’s Class A shares jumped over 4% to just above $166, before paring gains in recent trading. Shares of several other tech companies in digital advertising that use AI tools also gained, including Meta Platforms (META), Pinterest (PINS), Snap (SNAP), and AppLovin (APP). (Read Investopedia’s live coverage of today’s market action here.) The Google parent reported better-than-expected quarterly earnings Thursday, with CEO Sundar Pichai telling investors Google…
On Episode 830 of WHAT THE TRUCK?!?, Dooner is back from Chicago, where he got to see that state of freight on the world’s most powerful visibility platform: project44. With ocean booking cancellations up bigly on the East and West coasts, when will trucking feel the pain? Did you know that if you export or destroy goods that you’ve paid tariffs on, you can claim 99% of your duties back? We’ll meet Caspian CEO and co-founder Justin Sherlock to talk about his AI-driven duty drawback program. Drones are taking off as Walmart expands aerial package drop-offs to 1.8 million households…
David Paul Morris / Bloomberg / Getty Images Google parent Alphabet’s shares rose Friday following first-quarter results that beat Street expectations. Several analysts raised their price targets for the stock, citing the growth of tools like AI Overviews. Google also “has data and distribution advantages” against generative AI rivals like OpenAI, Bank of America analysts said. Shares of Google parent Alphabet (GOOGL) climbed Friday as several analysts raised their price targets for the stock after the tech giant delivered better-than-expected quarterly results and touted the early success of AI features. Alphabet’s Class A shares were up close to 3% near…
Michael Nagle / Bloomberg via Getty Images The S&P 500 jumped 2.0% on Thursday, April 24, with surging tech stocks and hopes for thawing trade relationships helping drive a third consecutive day of gains. Enterprise software firm ServiceNow posted strong quarterly results, highlighting demand for its AI-enabled products, and its shares pushed higher. Shares of financial technology firm Fiserv dropped as softness in its point-of-sale and payment processing business weighed on results. Major U.S. equities indexes gained ground for the third straight session. Although Trump administration officials have offered mixed comments on trade policy, this week’s rally has coincided with…
Companies like Google and Microsoft have equipped their productivity suites with AI features and assistants, while startups such as ClickUp and ReadAI have focused heavily on building AI integrations and search capabilities. In alignment with this growing trend of infusing digital work suites with AI, Dropbox on Thursday upgraded its AI search tool, Dash, first introduced in 2023. The company is adding AI “understanding” of different types of content in Dash, which means users can search across audio, video, and images in addition to text. The company is also adding people search to let users search for a person who…
Jaque Silva/NurPhoto via Getty Images Vertiv jumped over 13% on Wednesday after a stellar earnings report. The AI data center company cited strong demand for its earnings beat. AI investing has wavered this year amid rising competition. The move: Vertiv Holdings rose as much as 21% on Wednesday, hitting an intraday high of $88.93 per share. The stock is down 29% year-to-date. The chart: Why: The data center firm impressed investors with better-than-expected earnings, rousing hope that artificial intelligence demand is still intact. Vertiv was among the top AI trades of 2024, supplying data centers with equipment to keep AI…