Investors and traders in the stock market love to ride momentum, and the build-out of data processing infrastructure to support generative artificial intelligence seems likely to continue for some time.
The digital world is growing at a remarkable pace, with social media, mobile apps, websites, online search, and e-commerce becoming integral to our personal and public lives. Meanwhile, more businesses are focusing their advertising and marketing efforts on the digital side. According to Grand View Research, the digital ad market was worth $365.37 billion in 2022, and looking ahead to 2030, the research firm expects digital advertising to achieve a compound annual growth rate (CAGR) of 15.5%. Su
Ed Yardeni said the Fed could move forward with a hawkish interest rate cut next week after sticky inflation data.
(Bloomberg) -- MicroStrategy Inc., the dot-com-era software maker whose metamorphosis into a leveraged bet on Bitcoin has transfixed Wall Street, is joining the Nasdaq 100 Index, the benchmark’s overseer said Friday. Software company Palantir Technologies Inc. and Axon Enterprise Inc., a maker of Tasers and police body cameras, will also be added.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringAmerican Inst
Palantir, MicroStrategy, and Axon Enterprise are set to join the Nasdaq 100 Index on Monday, Dec. 23, replacing Super Micro Computer, Moderna, and Illumina.
The Meta co-founder and CEO is cashing in on the company’s stock hitting an all-time high this year.
Broadcom CEO Hock Tan’s upbeat projections of AI chip growth potential lifted the company’s stock 24%, despite some fuzziness in his commentary. Plus, The Information’s stories of the week.
The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 trillion for the first time.
Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales surge.
In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier revenge,” this impending shift in market dynamics promises to reshape how goods are transported across the nation. The post Carrier Revenge: The freight market’s impending power shift appeared first on FreightWaves.