Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.
Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024. Companies completing forward stock splits have, since 1980, handily outperformed the S&P 500 in the 12 months following their split announcement.
Uber, the ride-hailing company that has yet to catch onto the AI boom, is reportedly expanding its fleet of gig workers for a new project aimed at AI annotation and data labeling.
AI companies in the United States, many of whom have extensive business relations in China, are waiting anxiously for President-elect Donald Trump to assume office and announce possible changes to
Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday." His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his peers.
While much of the media's attention has been squarely focused on Nvidia, longtime tech behemoth Microsoft (NASDAQ: MSFT) is an artificial intelligence (AI) force to be reckoned with as well. Aside from this direct investment,
To be clear, the idea that an AI-related fever could keep driving stock prices higher hasn't been forgotten among Wall Street strategists. Just two weeks ago, Evercore ISI's Julian Emanuel wrote that he sees the S&P 500 reaching 6,600 by June 2025 as ...
Key Takeaways Dell is set to report third-quarter earnings after the closing bell Tuesday, with analysts expecting sales and profit gains from the year prior.Most analysts covering Dell tracked by Visible Alpha hold a "buy" or equivalent rating for the stock,
We recently published a list of 8 Cloud Computing Stocks Under $10. In this article, we are going to take a look at where Kingsoft Cloud Holdings Limited (NASDAQ:KC) stands against other cloud computing stocks under $10.
OpenAI is facing yet another controversy after a group of artists leaked its video generation tool Sora online.
Dell stock tumbles after the computer and server maker issues a downbeat revenue forecast, and HP Inc. sinks after quarterly revenue misses expectations.