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Alphabet Stock: Search Giant Is Just Getting Started — Forbes

Going into this year, we were positioned for bottom-line focused investment themes that we felt would be able to deliver earnings growth due to secular demand for its products, and in some cases, be able to reduce costs. At the moment —we prefer Alphabet over Meta . We see a similar story playing out for Alphabet and its “Year of Execution”. We believe it’s in an earlier stage than Meta in its self-help process and its core business areas are just now showing signs of stabilization.

Nvidia Stock Broke Its ’50-Day Moving Average.’ Here’s Where It Could Go Next — Barron’s

Should investors be fretting about where Nvidia stock goes next? Not if the past three years are anything to go by. The shares have fallen below their 50-day moving average 21 times over the past three years, and they have averaged a gain of 18% over the three months following such an occurrence.

@donnelly_Brent

This Stock Is Going All-In On Private AI —Here’s What That Means — Motley Fool

Appian just reported second-quarter earnings, topping estimates on the top and bottom lines. The company continues to spend aggressively on sales and marketing and R&D to drive growth in its cloud-subscription business, which generates gross margins of around 90%.


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💊 Discover AI’s Power in Pharma 💹 Big-Tech Braces for CPI Shift ⚔ Dive into Celebrity Mortal Kombat Showdown

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🤖 AI And The Markets

AI Supercharges Drug Discoveries, Potentially Changing Medicine – Semafor

Recursion used AI to predict an unprecedented number of new possible chemical interactions that might lead to a myriad of effective drugs. —A database of 15,000 human proteins from AlphaFold2, the product of an AI research organization DeepMind, with another containing 36 billion molecules. Cloud computing power from Nvidia, who will also will invest $50 million in the company, to speed up training of Recursion’s AI models were then used to crunch the massive trove of data. Read more on the biotech AI flywheel.

AI Stocks With The Potential To Make You Money This Year – InvestorPlace

As we forge ahead into the AI era, the top AI penny stocks have become increasingly relevant, emerging as a buzzword among savvy investors. Projected to inject a massive $15.7 trillion into the global economy by the conclusion of the current decade, AI is no longer just the playground for large-cap tech giants. Often, the minnows swimming beneath the surface pack the biggest punch. These high-potential AI penny stocks boast the capacity to morph into tomorrow’s market sharks.

More News About #LK99 — Optimism Is Waning Quickly 🧵

Big-Tech, Banks, Bonds, & Bullion Breakdown Ahead Of CPI – ZeroHedge

But yesterday –Futures drifted gently higher overnight but started to stall into the open and then a wave of selling hit until the European close. That BTFD bounce lasted until 1430ET (margin-call time?) when The Dow and S&P briefly got back to even, and then stocks faded aggressively into the close. but all anyone cares about is the giant event risk mountain that tomorrow’s CPI print represents. Numerous charts are in the article.



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🚀 AI’s $1.5 Trillion Investment Call 🔮 Musk vs. Zuckerberg Betting Odds 🎬 Top Cinematic AI Videos

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🤖 AI And The Markets

Goldman Sees $1.5 Trillion Flowing To AI. Here’s Where To Invest – Forbes

Generative AI investment could peak at $1.57 trillion by 2033. But why? —1) It’s generalized, while AI has been around for decades and was used for specialized domains. —2) It’s original. GAI can produce results in the form of text, images, and multimedia that are indistinguishable from human output. — 3) It’s easy to use. Non-technical employees no longer need data scientists to mediate their information requests. —It will take time for the investment to reach it’s peak as the capital will flow first to hyperscalers, including cloud services providers. More in the article.

Nvidia Unveils Faster Chip Aimed At Cementing AI Dominance –Bloomberg

The Grace Hopper Superchip, a combination graphics chip and processor, will get a boost from a new type of memory, Nvidia said. The product relies on high-bandwidth memory 3, or HBM3e, which is able to access information at a blazing 5 terabytes per second. The Superchip, known as GH200, will go into production in the second quarter of 2024, Nvidia said –The Superchip will serve as the heart of a new server computer design that can handle a greater amount of information and access it more quickly

Palantir Raises Profit Forecast, Sets $1 Billion Buyback – Yahoo Finance

Palantir Technologies raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback, citing strong demand for its artificial intelligence technology. The company expects to bring in $2.21 billion in revenue during 2023, exceeding Wall Street expectations. Palantir’s AI platform now has users across more than 100 organizations, and the company is in sales discussions with more than 300 additional enterprises.



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Google Releases Free AI Note-Taking Tool: How To Access And Use It In Advance 🧵

Dante AI’s New Lead Generation Feature: Turn Your Website Into A Lead Generator in 60 Seconds 🧵

Fireflies AI: The AI Assistant That Makes Meetings More Productive And Engaging 🧵


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📈 Meta’s Ad Success with AI 💰 Undervalued “Magnificent 7” Stocks 🤖Your Personal AI Chatbot

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🤖 AI And The Markets

How AI Is Helping Meta Shore Up Its Ad Business – Axios

For all the attention garnered by Meta’s release of its Llama open source AI models, the company’s more essential use of AI has been in leveraging the technology at the heart of its advertising business. While Meta continues to invest in a far-off metaverse, executives over the past two years have shifted more of their investor messaging to focus on ways AI can bolster engagement and monetization to help the company make more money now. -See more.

One ‘Magnificent 7’ Stock Is Still Undervalued, Morningstar Says — IBD

Alphabet’s shares remain undervalued even though the S&P has gained more than 20% this year” Sekera says. And following a monster 39% gain by tech stocks this year, four of the Magnificent 7, Microsoft, Meta, Amazon and Tesla, are fairly valued. And two, Apple and Nvidia, are actually overvalued, he says. More in the article.

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Elon Musk’s Latest Tesla Promise Could Be Huge For The Industry

If Nvidia Is A Proxy For The AI Bubble, It’s Nearing Its Peak, Morgan Stanley Says — Bloomberg

The bubble in AI stocks is nearing a peak, according to Morgan Stanley strategists, who point to the more than 200% rally by Nvidia Corp. this year. While Nvidia has been the poster-child for the excitement around all-things AI, Stanley says the broader AI benchmarks, like the MSCI USA IMI Robotics & AI Select Net USD Index, have risen far more modestly. See more…



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🥊 Zuck vs Musk in AI Trailer Battle 📊 Exploring A.I. Investment Alternatives 🚀 LK-99’s Viral Investor Surge

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Unleash the Power of AI: Greater Productivity & Prosperity in 5 Minutes a Day

🤖 AI And The Markets

Is Google Stock A Buy —As AI Investments Aim To Drive Ad, Cloud Growth? – IBD

Amid a possible bubble in AI stocks, is the valuation of Google a worry? Not if rising AI investments for the stock yield improved advertising and cloud computing growth. —Alphabet reported 2Q earnings and revenue that beat expectations amid rising investments in AI. With 19% earnings growth in the June period, Google stock ended a four-quarter string of year-over-year declines. —There are questions about if integrating chatbot AI technology into search queries will lower profit margins and if new competition in internet search from Microsoft and others will hurt the company. Let’s dive in.

Apple Sees Sales Slump Continuing, But Could AI R&D Pay Off – Reuters 

Apple sales forecast was below analyst expectations of roughly flat fiscal fourth-quarter sales. “There is a real concern about when volume picks up and what the horizon is for iPhone sales growth,” —But, Apple’s R&D spending also hit $22.61 billion for the fiscal year so far. —Tim Cook told Reuters, that the increased R&D spending was in part driven by work on generative AI.

Superconductors’ New ‘LK-99’ Viral Moment Takes Investors For A Wild Ride WSJ

Share prices skyrocketed, then sank, for companies that don’t even have a direct link to room-temperature superconductors. —Even if LK-99 were found to exhibit superconductivity, engineers would still need to determine how to implement the material into their products, leaving major steps before any commercialization is considered, The article considers other possibilities.

ICYMI – Zuck Vs Musk Is Back On, We Think —AI Trailer




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