AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn
Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. Cheap money and…
OPEC may soon lose its sway over global oil prices, IEA says
A looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its…
Apple becomes the first $1 trillion global brand, Nvidia’s value triples, report says
-Apple has become the first brand to cross $1 trillion in brand value, a 15% jump from last year, while…
Music publishers accuse Spotify of ‘bait-and-switch subscription scheme’
Spotify has once again drawn the ire of the music industry. The National Music Publishers’ Association has called on the…
Apple’s AI launch at WWDC could hinge on something it hates to do
Apple shares nudged higher Monday, putting them back within touching distance of their recent record highs, as investors look to…
Nvidia stock split: What’s next for the stock and other AI plays
Nvidia (NVDA) is joining its mega-cap tech peers, becoming the fourth Magnificent 7 stock to split since 2022. The chip…
The Zacks Analyst Blog Highlights Advanced Micro Devices, NVIDIA, Microsoft and Alphabet
Chicago, IL – June 4, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day…
Will Bitcoin ETFs Soar on Sooner-Than-Expected Fed Rate Cut?
Bitcoin surpassed the $71,000 mark, indicating increased market confidence in potential Federal Reserve interest rate cuts. This streak of daily…
Air taxi maker Archer Aviation receives FAA nod to start commercial services
Archer Aviation said on Wednesday the U.S. Federal Aviation Administration (FAA) has granted the company a certificate to begin commercial…
Microsoft to invest $3.2 billion in Swedish cloud, AI
Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over…