Author: Advanced AI Editor
Alphabet Inc. (NASDAQ:GOOGL) ranks among the best magic formula stocks to invest in. Robby Stein, VP of Product at Google Search, announced that Alphabet Inc. (NASDAQ:GOOGL)’s Google will begin implementing new, complex AI features into its Search engine on July 16. Alphabet (GOOGL) Unveils New AI Search Features for Advanced Research and Problem-Solving The update includes Deep Search for sophisticated thinking and research, as well as Gemini 2.5 Pro, Google’s most advanced model to date, in its AI Mode. AI Pro and AI Ultra subscribers are the first to have access to these features. In AI Mode, users can now…
International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Making Waves on Wall Street. On July 24, Bank of America reiterated the stock as “Buy” and lowered the firm’s price target on IBM (IBM) to $310 from $320 following a “mixed quarter.” The bank said that IBM is well-positioned for growth following its most recent financial report. The company reported adjusted earnings per share of $2.80 for the quarter, beating the LSEG estimate of $2.64. Meanwhile, revenue came in at $16.98 billion, ahead of the expected $16.59 billion. “IBM reported a mixed quarter, where organic software deceleration was offset…
(Bloomberg) — Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division. Most Read from Bloomberg South Korea’s largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upcoming plant in Taylor, Texas, to produce Tesla’s next-generation AI6 chip, Tesla chief Elon Musk said on X, confirming a Bloomberg News report. Samsung’s Seoul-traded shares rose 6.8% to their highest since September, while its suppliers like Soulbrain Co. jumped…
IBM (IBM, Financials) shares sank about 6% in after-hours trading on Wednesday after the firm announced second-quarter profits that were better than Wall Street expected but not as good as expected for software performance. The adjusted earnings per share were $2.80, which was more than the $2.64 consensus. The sales also went up 8% from last year to $16.98 billion, which was more than the $16.59 billion estimate. Net income went up to $2.19 billion, or $2.31 per share, from $1.83 billion, or $1.96 per share, in the same quarter previous year. Software sales went up 10% to $7.39 billion,…
Image Credits:M. Reinerston/The Photo Group / Flickr under a CC BY 2.0 license. At TechCrunch Disrupt 2025, the AI Stage comes alive with the voices shaping the future of technology, creativity, and security. Top VCs reveal what it takes to win funding in a rapidly evolving landscape, as they place bets on the next wave of AI founders. Hear groundbreaking insights from leaders at visionary startups like Apptronik, ElevenLabs, Hugging Face, Runway, Wonder Dynamics, Writer, and Wayve — pioneers redefining the future of tech. These leaders, and many more below, represent the cutting edge of AI’s growing impact. On the…
Costfoto / NurPhoto via Getty Images Alibaba’s Quark AI Glasses are due for release by the end of 2025 Alibaba Group Holdings unveiled its first AI-powered smart glasses Monday, as the Chinese tech giant launches a wearable with features rivaling those of Meta Platforms’ offering with Ray-Ban. The Quark AI Glasses are the Chinese ecommerce firm’s first AI glasses and are scheduled for official release in China by the end of the year. Alibaba’s U.S.-listed shares, which entered Monday up more than 40% this year, are rising 1.5% in premarket trading. Alibaba Group Holdings (BABA) unveiled its first AI-powered smart glasses…
Hector Retamal / AFP / Getty Images Tesla reportedly will be using the new chips in its Optimus humanoid robots, in its cars, and in data centers that power those products Tesla has agreed to a $16.5 billion deal to buy next-generation semiconductors from Korean electronics maker Samsung. Samsung said it had secured an undisclosed new customer in a regulatory filing, and Tesla CEO Elon Musk later confirmed that the contract was with his company. The deal will run through the end of 2033, as Samsung will make Tesla’s next-generation AI6 chip. Tesla (TSLA) is set to get its next…
IBM (IBM, Financials) had better overall results for the second quarter than analysts had predicted. However, investors were more interested in the company’s software division, where revenue fell slightly short of what analysts had expected. Projections were off by $16.98 billion in revenue and $2.80 in adjusted profits per share. But the software sales were $7.39 billion, which was a little less than the $7.43 billion that most people expected. IBM CEO Arvind Krishna claimed that geopolitical concerns and weaker U.S. federal spending were to blame for slower client activity, but he said that long-term expectations had not changed. UBS…
International Business Machines Corporation (NYSE:IBM) is included among the 10 Best and Safe Dividend Stocks to Buy Now. Safe Dividend Stocks in Tech: Why IBM Offers Long-Term Income Security A closeup of a woman’s hands typing rapidly on a laptop in a corporate office setting. International Business Machines Corporation (NYSE:IBM) is a dividend-paying firm that has gained from its substantial involvement in the artificial intelligence (AI) sector. Between the second quarter of 2023 and the first quarter of 2025, IBM expanded its generative AI business, which refers to the total value of active contracts and orders it has obtained, to…
International Business Machines Corporation (NYSE:IBM) is one of the Must-Watch AI Stocks on Wall Street. On July 29, Bank of America reiterated the stock as “Buy” with a $310 price target. The firm said shares of IBM have more room to run. Mohan is optimistic about the stock, stating how the company is transitioning toward higher-margin software. This, in turn, is expected to bring strong growth in free cash flow. There has been some volatility in transaction processing revenue tied to IBM’s mainframe base, but despite of this, future prospects look promising. IBM Gets Buy Rating, $310 PT From BofA on…