Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies. Growth in earnings per share (EPS) of the “Big 6 TECH+” stocks—Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia—was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said. “Our...
The ongoing revolution in artificial intelligence has the potential to dramatically improve our lives—from the way we work to what we do to stay healthy. Yet ensuring that America and other democracies can help shape the trajectory of this technology requires going beyond the tech development taking place at private companies. Research at universities drove…
Discover the Reliance Industries Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of Reliance Industries with the latest details, including: Last traded price 2929.65, Market capitalization: 1982233.13, Volume: 6451031, Price-to-earnings ratio 28.33, Earnings per share 77.32. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of Reliance Industries's performance....
Big tech share prices were dented by a sector-wide sell-off of risky assets last week, ahead of earnings results for some of the 'Magnificent Seven'.
With flowers in hand, the Cleveland Guardians’ Josh Naylor hit a homerun without ever having to step foot into a batter’s box Wednesday night.
Experts say tech outages do seem to be happening more often.
Warm and muggy Saturday but cooler and drier later Sunday
Lyft partnered with tech companies to offer needed services to refugees.
Bibee made it through seven innings on 91 pitches. Vogt was ready to send him back out to the mound for the eighth when the Guardians plated two runs in in the top half of the frame, causing Bibee to sit in the dugout longer than Vogt would’ve liked if he was going to go
Mass layoffs have eroded the shine of the tech industry.
The more I read and write about AI, the firmer I get in my conviction that Big Tech incumbents absolutely must strangle the decentralized AI in its cradle before it wrecks everything.Take a look at this interview Ben Thompson did with OpenAI’s Sam Altman and Microsoft CTO Kevin Scott. I call your attention to this part in particular:From Microsoft’s perspective, is this going to be a funnel into new products or do you see it as an end goal in and of itself, winning search?KS: So I think you hit...
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg