Author: Advanced AI Bot
Advertising and marketing company Zeta Global (NYSE:ZETA) reported Q1 CY2025 results topping the market’s revenue expectations , with sales up 35.6% year on year to $264.4 million. The company expects next quarter’s revenue to be around $296.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.09 per share was 22.6% below analysts’ consensus estimates. Is now the time to buy ZETA? Find out in our full research report (it’s free). Revenue: $264.4 million vs analyst estimates of $254.1 million (35.6% year-on-year growth, 4.1% beat) Adjusted EPS: $0.09 vs analyst expectations of $0.11 (22.6% miss) Adjusted Operating Income: $29.03 million…
Bloomberg / Getty Images CoreWeave’s stock has surged nearly 70% from its IPO price in March through Wednesday’s closing bell. CoreWeave (CRWV) reported first-quarter revenue that grew over 400% year-over-year, sending shares higher in extended trading Wednesday. In its first quarterly report since going public in March, the cloud computing company backed by Nvidia (NVDA) posted revenue of $981.6 million, up 420% from a year earlier. Its adjusted net loss was $149.6 million, widening from a $23.6 million loss in the year-ago quarter. “Demand for our platform is robust and accelerating as AI leaders seek the highly performant AI cloud…
Machine vision technology company Cognex (NASDAQ:CGNX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 2.5% year on year to $216 million. On the other hand, next quarter’s revenue guidance of $245 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.16 per share was 19.4% above analysts’ consensus estimates. Is now the time to buy CGNX? Find out in our full research report (it’s free). Revenue: $216 million vs analyst estimates of $212 million (2.5% year-on-year growth, 1.9% beat) Adjusted EPS: $0.16 vs analyst estimates of $0.13 (19.4% beat) Adjusted…
SOPA Images/Getty Images Super Micro Computer stock has rallied for two days after an analyst said the stock is in the AI “sweet spot.” Shares extended Tuesday’s rally in early Wednesday trading, bringing its two-day gain to 25%. The stock has been volatile amid issues with financial reports over the last year. The move: Super Micro Computer shares rallied as much as 20% on Wednesday, adding to its 16% gain on Tuesday. The rally on Wednesday brings the total two-day gain to as much mas 36%. Shares of the server maker are up 50% year-to-date. Why: Shares embarked on a…
We recently published a list of 12 Best Quantum Computing Stocks to Invest in Now. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other best quantum computing stocks to invest in now. When AI first gained widespread attention a few years ago, much of the conversation focused on its potential to boost productivity, streamline data analysis, and improve efficiency within businesses. While AI has certainly made an impact in those areas, its capabilities extend far beyond. Lesser-known but equally important applications of AI include optimizing drug development processes, detecting…
NEW YORK (AP) — Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. “These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements,” the Commerce Department stated in its guidance. President Joe Biden established the export framework shortly before he left office in an attempt to balance national security concerns about the technology with the economic interests…
We recently published a list of 10 AI Stocks Making Moves This Week. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other AI stocks making moves this week. Is China finally gaining supremacy in the AI arms race? Not quite, but executives from some of the top artificial intelligence companies believe that the country needs to tweak its infrastructure and boost exports to stay ahead in the game. In a US Senate hearing held last Thursday, American AI giants’ leaders stressed that even though the US is ahead in…
TikTok is launching its first image-to-video AI feature, the company announced on Tuesday. The new feature is called “TikTok AI Alive” and allows users to turn static photos into videos within TikTok Stories. The feature is only accessible via TikTok’s Story Camera and uses AI to create short-form videos with “movement, atmospheric and creative effects,” TikTok says. For instance, if your static photo features a sky, clouds, and the ocean, TikTok could turn the photo into a video where the sky gradually shifts hues, the clouds start to drift, and you hear the sound of waves crashing. Or, you could…
Kevin Dietsch / Getty Images Nvidia CEO Jensen Huang (pictured at an event last month) on Tuesday announced a partnership with Saudi AI company Humain. Nvidia (NVDA) leaped back into the $3 trillion club on Tuesday as its stock shot up following the announcement of a major deal with a state-backed Saudi Arabian AI company. Nvidia shares rose nearly 6% to close just under $130. The gains put Nvidia’s market capitalization at nearly $3.2 trillion, more than every other U.S. company aside from Microsoft (MSFT) and Apple (AAPL). Nvidia on Tuesday announced a partnership with Humain, an AI subsidiary of…
Spencer Platt / Getty Images The S&P 500 rose for a second day on Tuesday, driven higher by soaring AI stocks. Stocks rallied for a second straight day, lifting the S&P 500 back into positive territory for the year. The S&P 500 rose 0.7% on Tuesday, putting the benchmark index about 5 points—or 0.08%—above its close on the last day of 2024. The S&P 500 had been in negative territory for the year since early March. Stocks got a boost on Tuesday when Nvidia (NVDA) announced a partnership with Humain, an AI company owned by the Saudi Arabian sovereign wealth…