#MarketTrends Top 10 Unicorns: Who’s Worth $225 Billion? The top 10 most valuable unicorn companies, based on CB Insights data, include ByteDance at $225B, SpaceX at $150B, and OpenAI at $80B. The U.S. dominates with six entries, while China, Singapore, the U.K., and Australia each have one. ByteDance's U.S. regulatory challenges may affect its valuation. image The Insight: How To Find The Opportunities Invest in companies with exposure to sectors led by top unicorns: AI (OpenAI), industrials (SpaceX), financial services (Stripe, Revolut), consumer retail (Shein, Fanatics), and enterprise tech (Databricks, Canva). Regulatory pressures on ByteDance suggest caution. Help us spread the word. Forward this post to your friends and family. #QuoteOfTheWeek "Invest in the future, because that is w
SaaS Earnings Season | Shares of the Most Software Giants Plunge!
In the tumultuous week of US stocks, tech stocks, especially SaaS software stocks, suffered an unprecedented crash. Software leaders like $Salesforce.com(CRM)$$Workday(WDAY)$$UiPath(PATH)$ saw their share prices drop over 20% after releasing earnings reports and warning customers to be cautious about long-term software orders.Even though most software companies didn't directly blame AI for their slower growth prospects, AI undoubtedly played a role.The AI boom has two-sided effects on software companies:On one hand, with AI seen as the ultimate force in future technology development, software companies have to step up their transformation efforts to avoid fallin
Wind of change ❗ Like it or not AAPL is playing catch-up 🤪
Apple Might Wait Until September to Reveal Most New AI Features: Bernstein
Apple (NASDAQ:AAPL) has made plenty of comments, acquisitions, hires and investments related to building artificial intelligence, but has yet to reveal any new AI products. While many anticipate great
May I add my 2 cent worth? Apple seems a bit lost about its core business and business strategies. Can Apple be all over the places from smart car, mobile phone, generative AI, consumer wearables and what not without the above business sense and twchnological prowess of the Steve Job's era? Steve Job might be able to help alleviate the solution but not completely if he was still around. His techological brilliance and smart approach may help in some areas such as telecommunications and mobile phone related projects but not all definitely including the strapped smart car. The smart car never took off likely due to the fast evolving paces of industry which Apple couldn't manage to obtain an advantage from it's late to start strategy that's wisely use in the various generations of
How can Tesla benefit from the AI boom? Do you remember Dojo?
Nvidia is one of the top AI hardware companies in the world. Even if Nvidia stops its R&D, a few years may not be enough for other players to catch up. Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Hon Hai Tech Day in Taipei on October 18, 2023. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) From a recent Yahoo article: Nvidia's rivals are circling, but they're still years from catching up“Software continues to be Nvidia's strategic moat,” explained Gartner VP analyst Chirag Dekate. “These ... turnkey experiences enable Nvidia to be at the forefront of mindshare, as well as adoption.”Nvidia’s lead didn’t happen overnight. It’s been working on AI products for years, even as investors questioned the move.“Nvidia, to its
Tech Titans Microsoft & Google Battle for AI Supremacy in India's Talent Pool
Details: $Microsoft(MSFT)$ CEO Satya Nadella and $Alphabet(GOOGL)$ 's Chief Scientist Jeff Dean set to woo India's 5+ million programmers. Nadella to speak in Bangalore and Mumbai about opportunities in AI, while Dean focuses on AI's societal impact in Bangalore. India, with its vast pool of programmers, is key to adopting and shaping future AI technologies globally. Nvidia CEO highlighted India's potential as a major exporter of AI expertise. Infosys Chairman Nandan Nilekani emphasizes the pivotal role of Indian developers in the AI transition. Both Nadella and Google CEO Sundar Pichai have Indian roots, adding personal stakes in the AI push. Microsoft aims to train 100,000 developers in
Just about a week after signing a controversial contract with the UK’s national health service, $Palantir Technologies Inc.(PLTR)$ launched an influencer marketing campaign to counter criticism of the
The best AI company in the world. Has helped new zealand, Australia, USA, UK and more. $40 by 2024
PLTR Stock Outlook: Why Palantir Is Poised to Double Again in 2024
Palantir stock can deliver a repeat double in 2024.Its commercial business continues to become an increasingly important part of its business.Its profitability makes it eligible for the S&P 500.Of the top-performing names from 2023 that Morningstar covers, Palantir stock had the fifth-best return, up 167.5% despite losing 14% in December.As Morningstar pointed out, Palantir and Nvidia were successful because of their mutual focus on AI. Shareholders from both companies could have another strong year, unless something disrupts AI in 2024.The company said in its Q3 2023 press release that it expects $2.218 billion in revenue in 2023 at the midpoint of its guidance. Based on its net income margin in the third quarter of 12.8%, it could earn as much as $284 million in GAAP profits in 2023. While not m
As MS's president he should know what he is talking about. I fear this AI stampede may be a set up another dot.com bust of the early 2000's.....
Microsoft President Says No Chance of Super Intelligent AI Soon, Could Take Decades
Microsoft (NASDAQ:MSFT) President Brad Smith said there is "no chance" a super intelligent artificial intelligence is created in the next 12 months, going so far as to say it could take "years" or "de
#MarketTrends Top 10 Unicorns: Who’s Worth $225 Billion? The top 10 most valuable unicorn companies, based on CB Insights data, include ByteDance at $225B, SpaceX at $150B, and OpenAI at $80B. The U.S. dominates with six entries, while China, Singapore, the U.K., and Australia each have one. ByteDance's U.S. regulatory challenges may affect its valuation. image The Insight: How To Find The Opportunities Invest in companies with exposure to sectors led by top unicorns: AI (OpenAI), industrials (SpaceX), financial services (Stripe, Revolut), consumer retail (Shein, Fanatics), and enterprise tech (Databricks, Canva). Regulatory pressures on ByteDance suggest caution. Help us spread the word. Forward this post to your friends and family. #QuoteOfTheWeek "Invest in the future, because that is w
SaaS Earnings Season | Shares of the Most Software Giants Plunge!
In the tumultuous week of US stocks, tech stocks, especially SaaS software stocks, suffered an unprecedented crash. Software leaders like $Salesforce.com(CRM)$$Workday(WDAY)$$UiPath(PATH)$ saw their share prices drop over 20% after releasing earnings reports and warning customers to be cautious about long-term software orders.Even though most software companies didn't directly blame AI for their slower growth prospects, AI undoubtedly played a role.The AI boom has two-sided effects on software companies:On one hand, with AI seen as the ultimate force in future technology development, software companies have to step up their transformation efforts to avoid fallin
This is to ensure that the stock doesn't get manipulated
US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia, NYT Reports
June 5 - The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft , OpenAI and Nvidia play in the artificial intelligence industry, the New York Times reported on Wednesday, citing people familiar with the matter.
How can Tesla benefit from the AI boom? Do you remember Dojo?
Nvidia is one of the top AI hardware companies in the world. Even if Nvidia stops its R&D, a few years may not be enough for other players to catch up. Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Hon Hai Tech Day in Taipei on October 18, 2023. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) From a recent Yahoo article: Nvidia's rivals are circling, but they're still years from catching up“Software continues to be Nvidia's strategic moat,” explained Gartner VP analyst Chirag Dekate. “These ... turnkey experiences enable Nvidia to be at the forefront of mindshare, as well as adoption.”Nvidia’s lead didn’t happen overnight. It’s been working on AI products for years, even as investors questioned the move.“Nvidia, to its
Druckenmiller Cuts Nvidia Stake, Says AI May Be 'Overhyped' near Term
Famed investor Stanley Druckenmiller says he has trimmed his stake in AI bellwether $Nvidia$.Druckenmiller, who now runs the Duquesne Family Office, said on CNBC Tuesday that the chipmaker was among positions he recently reduced.He said with NVDA going from $150 to $900, "Guess what?We did cut that position, along with a lot of other positions in late March.""I just needed a break," he said. "We've had a hell of a run. A lot of what we recognized has become recognized by the marketplace now.""Lo
Baidu Says AI Chatbot "Ernie Bot" Has Attracted 200 Million Users
April 16 (Reuters) - China's Baidu said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China’s most popular ChatGPT-like chat
May I add my 2 cent worth? Apple seems a bit lost about its core business and business strategies. Can Apple be all over the places from smart car, mobile phone, generative AI, consumer wearables and what not without the above business sense and twchnological prowess of the Steve Job's era? Steve Job might be able to help alleviate the solution but not completely if he was still around. His techological brilliance and smart approach may help in some areas such as telecommunications and mobile phone related projects but not all definitely including the strapped smart car. The smart car never took off likely due to the fast evolving paces of industry which Apple couldn't manage to obtain an advantage from it's late to start strategy that's wisely use in the various generations of
Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent
Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billion
Tech Titans Microsoft & Google Battle for AI Supremacy in India's Talent Pool
Details: $Microsoft(MSFT)$ CEO Satya Nadella and $Alphabet(GOOGL)$ 's Chief Scientist Jeff Dean set to woo India's 5+ million programmers. Nadella to speak in Bangalore and Mumbai about opportunities in AI, while Dean focuses on AI's societal impact in Bangalore. India, with its vast pool of programmers, is key to adopting and shaping future AI technologies globally. Nvidia CEO highlighted India's potential as a major exporter of AI expertise. Infosys Chairman Nandan Nilekani emphasizes the pivotal role of Indian developers in the AI transition. Both Nadella and Google CEO Sundar Pichai have Indian roots, adding personal stakes in the AI push. Microsoft aims to train 100,000 developers in