Day: September 5, 2023

The broader basket of edu-tech stocks seems to have been long forgotten after enduring incredibly painful falls off their peak levels. Shares of Coursera (COUR) and Udemy (UDMY) are each down more than 66% from their all-time highs. Shares of the two edu-tech pioneers have been sagging for quite a few quarters since going live on the public markets back in 2021. Higher education is, indeed, in need of a technological update. And it’s the more promising edu-tech plays that can help bring higher education into the age of work-from-home (WFH) and artificial intelligence (AI). Undoubtedly, growth … Read More “1 Overlooked Stock Pick for the AI Revolution”

By Jessica Frank-Keyes Fraud is increasingly a threat to “national security” as advances in artificial intelligence serve to boost the chances of scammers, the Lord Mayor has warned. Nicholas Lyons, Lord mayor of the City of London, told the International Symposium on Economic Crime in Cambridge that addressing economic crime “must be seen as a foundation for a prosperous economy”. At the 40th annual event, he told attendees that fraud, which accounts for a massive 41 per cent of crime in England and Wales, is increasingly seen as “a national security threat” thanks to “technological developme… Read More “Fraud ‘increasing national security threat’ thanks to AI, Lord Mayor warns”

Over the long term, stocks deliver the highest returns of any asset class – and patient investors who buy and hold quality companies run by efficient management tend to generate handsome returns. A pertinent example of long-term investing would be Warren Buffett, who even at the age of 93 has almost all of his wealth tied up in Berkshire Hathaway (BRK.B) shares, and says his favorite holding period is “forever.” Accounting for the impact of compound interest, which has been described by some investors as the “eighth wonder of the World,” Berkshire Hathaway stock rose 3,787,464% from 1965 throu… Read More “2 Stocks That Long-Term Investors Should Buy Now”

The Burning Man festival was partially extinguished due to heavy rainfall over the weekend, but that didn’t stop festival fans from praising the weeklong music and arts celebration, including Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What To Know: Severe weather conditions turned the desert into a swampland at Burning Man this year. Thousands of festivalgoers were trapped amid the hazardous conditions given its remote location in northern Nevada, but sentiment remained high. Several attendees acknowledged the rainstorms on X (formerly Twitter), but expressed admiration for the event as a whole. … Read More “Elon Musk Says It’s ‘Hard To Describe How Incredible’ Burning Man Festival Is, But He Tries”

There’s no doubt that artificial intelligence is earning a spot in the list of groundbreaking technological revolutions, quickly reaching a podium shared by achievements like the internet and the steam engine. While it’s still hard to tell the meat from the hype, a new report is making clear that investors are responding positively to companies embracing AI in their plans, or at least to those raising the AI flag. This could mean that while AI technology is likely to impact the future in many ways, investors could still be responding to new developments with hyped expectations. AI Pays Off For… Read More “AI’s Growing Influence: Over 7,000 Mentions In Q2 Earnings Calls Boost Stocks”

Nvidia’s (NVDA) blockbuster earnings report and rosy outlook were music to the ears of its investors, who have pushed its share price into the stratosphere this year.NVDA shares jumped more than 6% in one week after it reported a year-over-year quarterly revenue increase of 101% on Aug. 23, and its stock price has more than tripled (up more than 232%) since the beginning of the year. For the most recent quarter, Nvidia racked up $13.51 billion in revenue, more than doubling last year’s figure and setting a new second-quarter company record. The jump in sales was mostly driven by its data cente… Read More “1 Top Chip Stock Ready to Ride Nvidia’s AI Tailwinds Higher”

In the ever-evolving World of cannabis, innovation is driving the industry forward at an astonishing pace. One of the most intriguing developments in recent years is theintegration of Artificial Intelligence (AI) and Machine Learning (ML) into the cannabis ecosystem. See Also: Making Sense Of AI In Cannabis: This Company Is Taking Weed Consumption To A New Level This transformative duo is not only revolutionizing research but is also taking user experience to new heights, ultimately reshaping how we interact with and consume cannabis products. AI And ML: Crafting Tailored Cannabis ExperiencesI… Read More “The Rise Of Bots In Cannabis: Predictive AI And Its Role In Customizing Consumer Experience”

By Manya Saini, Echo Wang and Anirban Sen (Reuters) – SoftBank Group’s Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion in this year’s biggest share sale. Arm kicked off its roadshow in Baltimore, where influential asset manager T Rowe Price is headquartered, underscoring the fund manager’s significance in big IPOs. T Rowe Price has been an anchor investor in some of the biggest stock market debuts, including that of electric car maker Rivian Automotive Inc, wh… Read More “SoftBank’s Arm launches IPO courting T Rowe in $52 billion valuation ask”