Day: March 1, 2023

Dollar Tree (DLTR) released excellent earnings today for the fiscal Q4 ending Jan. 29. But that’s ancient history to the market. It is more focused on management’s tepid guidance going forward, including lower earnings for the next fiscal year. This is despite more of its store lapping the “break the dollar” to an average of $1.25 per item. As a result, one large investor bought a massive put option at the money (ATM) today. This signals they expect much lower earnings for its fiscal Q1 and a significant drop in the stock price. Here are the details. Barchart’s Unusual Stock Options Activity R… Read More “Dollar Tree Earnings Were Great But Profit Guidance Led to an Unusual Put Trade”

By Brian O’Connell Blake Lemoine has called AI chat bots out as sentient. It’s cost him his job. Can AI perceive and feel emotions just like an actual human? ChatGPT certainly doesn’t think so. Don’t Miss: Elon Musk Warns Of a ‘Major’ ChatGPT Problem Ask ChatGPT if AI can be sentient and the response is direct. “No, AI is not sentient,” the AI bot declares. “AI is artificial intelligence, which means it is created by humans and does not possess the capacity for sentience or self-awareness.” Ask a well-informed human, however, and the response is both direct and alarming. Take Blake Lemoine, a … Read More “Former Google Engineer Issues Grave Warning About Sentient AI”

A dictionary definition of fraud reads “an act of deceiving or misrepresenting.” It matches what’s happening with middlemen who can’t justify why a $5 pill in Brazil sells for $100 in the U.S., even though the same company manufactures the drug. Middlemen are plentiful and prosperous in the American healthcare system, but recent developments suggest their business is threatened. Medical middlemen, or pharmacy-benefit managers, have pocketed large profits through opaque pricing methods for years. But now, lower-cost options from Mark Cuban, Amazon, and numerous startups pressurize their busines… Read More “The End Of Medical Middlemen in the American Healthcare System?”

On a day when the S&P 500 is down nearly half a percent, First Solar’s (FSLR) stock is up more than 15% in Wednesday trading. The photovoltaic (PV) solar module manufacturer reported Q4 2022 results that were better than analyst expectations. So if you’re a First Solar shareholder, today’s news is music to your ears. However, if you’re a Tesla (TSLA) shareholder, not only are you probably upset about the nearly 3% fall in its share price, but you might also be wondering what this means for Tesla’s solar business. First Solar’s news could be beneficial to all solar energy players, including Tes… Read More “Are First Solar’s Latest Results Good or Bad News for Tesla?  “

In 2022, Meta Platforms generated over $113 billion in ad revenues, but a recent European Union ruling threatens its number one revenue stream. The January ruling slapped a $414 million fine on Facebook and Instagram, showing GDPR, Europe’s landmark privacy law introduced in 2018, is no joke. Currently, Meta users opt-in to personalized advertising by agreeing to the company’s terms of service. However, the ruling, responding to two complaints in 2018, says bundling personalized ads with terms of service violates GDPR. One option for Meta is an Apple-style system that asks users if they want t… Read More “Meta Got Rich Running Ads, But Now, Its #1 Revenue Stream Is Threatened”

By Chet Kapoor, Chairman & CEO of DataStax Every business needs an artificial intelligence strategy, and the market has been validating this for years. Gartner® predicts that, “By 2027, over 90% of new software applications that are developed in the business will contain ML models or services, as enterprises utilize the massive amounts of data available to the business.” And with the rise of tools like ChatGPT, more organizations than ever are thinking about how AI and ML can transform their business. Still, most companies have not yet benefited from real-time AI. They fail because data is ser… Read More “Real-time artificial intelligence for everyone”

By Ellen Chang Shares of Tesla often decline after major news is revealed at its meetings. Tesla (TSLA) – Get Free Report shareholders often react to the news that CEO Elon Musk reveals at its quarterly or annual meetings. The electric vehicle manufacturer’s shares often decline after its meetings and today’s 2023 investor meeting may yield the same result. Shares of Tesla are down by 1.4% today, but rose by 11.8% during the past month. Tesla’s stock rebounded by 87% year-to-date after falling to close at $123.18 on Dec 30. The day after the EV company’s Artificial Intelligence Day on Sept. 30… Read More “Tesla Stock Could Take a Big Hit After Investor Day”

Washington (AFP) – Chasing Microsoft, global tech giants have rolled out announcements on how they will implement ChatGPT-like artificial intelligence into their World leading platforms and applications, with YouTube the latest to present plans. Here is a roundup of how the World’s biggest tech companies plan to surf the AI wave: MicrosoftMicrosoft has gone the furthest in pushing out generative AI to consumers and has pledged to pump billions of dollars into OpenAI, the company behind ChatGPT. The Windows-maker is aggressively testing the latest version of OpenAI’s GPT-3 technology in a beefe… Read More “Tech rivals chase ChatGPT as AI race ramps up”

WASHINGTON (Reuters) – More work is needed to break down bureaucratic barriers to technology sharing in the second pillar of a trilateral defense agreement between Australia, Britain and the United States, British and Australian defense officials said on Wednesday. Shimon Fhima, director of Strategic Programmes at Britain’s Ministry of Defence, made the comment referring to part of the 2021 AUKUS agreement dealing with advanced technology programs such as artificial intelligence and hypersonic weapons. Speaking at a virtual event hosted by Washington’s Center for a New American Security think … Read More “More work needed on AUKUS technology sharing – British, Australian officials”

WASHINGTON (Reuters) – More work is needed to break down bureaucratic barriers to technology sharing in the second pillar of a trilateral defense agreement between Australia, Britain and the United States, British and Australian defense officials said on Wednesday. Shimon Fhima, director of Strategic Programmes at Britain’s Ministry of Defence, made the comment referring to part of the 2021 AUKUS agreement dealing with advanced technology programs such as artificial intelligence and hypersonic weapons. Speaking at a virtual event hosted by Washington’s Center for a New American Security think … Read More “More work needed on AUKUS technology sharing – British, Australian officials”