Author: Advanced AI Bot

Big Tech’s earnings season is in full swing. And while we’ve still got a few weeks left before Nvidia reports its results on May 28, one major pattern is emerging. AI and advertising are dodging the impact of President Trump’s tariffs, while consumer-focused companies like Apple take the hit. Google parent Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), and Microsoft (MSFT) all scored solid results. Alphabet raised its dividend and authorized an additional $70 billion in stock buybacks, Meta provided strong guidance for the current quarter, and Microsoft pointed to healthy cloud sales. Amazon offered a lighter-than-anticipated outlook on its…

Nvidia (NVDA) stock rose 1.5% in premarket trading on Thursday as the Trump administration said it plans to repeal AI chip export restrictions put into place under former President Biden. The AI chipmaking giant’s stock had ended Wednesday’s trading 3% higher after a Bloomberg report first indicated that a repeal of Biden’s so-called AI diffusion rule was coming. The Commerce Department confirmed the regulatory shift after Wednesday’s closing bell, saying Biden’s AI rule was “overly complex” and “overly bureaucratic.” “We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance,” a spokesperson…

Google (GOOG, GOOGL) stock dropped more than 7.5% on Wednesday after Apple’s senior vice president of services, Eddy Cue, revealed that Apple (AAPL) is exploring adding AI search engines such as Perplexity to its default Safari web browser. Cue’s comments came during Google parent Alphabet’s antitrust trial, according to Bloomberg. Last year, a federal judge ruled that Google maintained an illegal monopoly through its search business. During the trial, it was revealed that Google pays Apple $20 billion a year to use its search engine as the default search option in Safari. During his testimony, Cue said Apple saw a…

Palantir (PLTR) is set to report first quarter earnings after the bell Monday, with Wall Street analysts optimistic the AI software company will continue its rapid surge in revenue despite US defense budget cuts. Here are key figures expected by Wall Street analysts, according to Bloomberg estimates: Analysts project Palantir’s revenue from US government contracts will jump roughly 40% to just over $358 million, while revenue from deals with international governments is expected to jump 27% to roughly $100 million. Meanwhile, Palantir’s commercial revenue is expected to grow nearly 34% to $400 million. Palantir sells data analytics software to both…

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Sure, going on popular podcasts to show a more human side is nice. But what about claiming to grow the entire advertising market through AI and, in turn, changing the makeup of global GDP? That’s Meta CEO Mark Zuckerberg’s vision anyway. And Wall Street appears to be buying into it. If investors are still searching for answers to nagging questions about how massive AI investments will pay off, Zuckerberg provided the clearest reply yet: It will strengthen our…

Nvidia (NVDA) stock fell roughly 4% early Wednesday as news from Wall Street and Washington spurred fears of moderating AI demand and tightening chip trade rules from the Trump administration. Nvidia customer Super Micro Computer (SMCI), which makes servers using Nvidia’s designs to sell to data center operators and tech firms, cut its revenue and profit outlook for the third quarter — the latest news to signal a wider potential pullback in demand for AI infrastructure. Super Micro stock dropped 18% on Wednesday morning. Tech stocks were also under broad pressure amid a market sell-off spurred by negative news early…

Nvidia (NVDA) stock fell as much as 2% in early trading Monday following a report that Chinese tech giant Huawei is readying a new advanced AI chip in the wake of President Trump’s export ban on Nvidia chips to China. NasdaqGS – Nasdaq Real Time Price • USD As of 12:18:03 PM EDT. Market Open. The Wall Street Journal reported Monday, citing unnamed sources, that Huawei has approached some Chinese tech companies about testing a new AI chip called the Ascend 910D, which it hopes will be more powerful than Nvidia’s H100 AI chips. The 910D chips are successors to…

Competition for any advantage in the booming artificial intelligence industry is so fierce that the fighting is spilling over into US courtrooms. It happened this past week in the start of a trial that will determine whether Google’s (GOOG, GOOGL) search empire will be broken up by federal Judge Amit Mehta, who ruled last year that Google operated an illegal online search monopoly. Discussion of AI dominated the early testimony as executives from ChatGPT creator OpenAI and AI startup Perplexity AI took the stand against Google, offering a view into the battle for AI preeminence between established tech giants and…

Nvidia (NVDA) stock fell 5.5% midday Monday after a report from Reuters said Chinese tech giant Huawei is set to begin shipping advanced AI chips as soon as next month, after Trump’s new export rules effectively banned the company from selling its H20 chips in China. NasdaqGS – Nasdaq Real Time Price • USD As of 1:00:27 PM EDT. Market Open. Huawei’s new 910C chips are reportedly competitive with Nvidia’s H100 AI chips, which are two generations behind its latest Blackwell chips. The H100 GPUs (graphics processing units) were banned from export to China by the US government in 2022.…

Amazon (AMZN) stock fell as much as 4% in early trading Monday after Raymond James (RJF) downgraded shares to Overperform from a Strong Buy. NasdaqGS – Nasdaq Real Time Price • USD As of 10:53:33 AM EDT. Market Open. Analyst Josh Beck cited headwinds from President Donald Trump’s recently-enacted tariffs and risks related to Amazon’s hefty capital investments — the company is set to spend more than $100 billion in the 2025 fiscal year as it goes all-in on artificial intelligence. Beck lowered his price target on Amazon stock to $195 from $275. The analyst also trimmed his estimates for…