AI Investment Contributes 0.5% to GDP Growth, While the Magnificent 7 Stocks Propel the Market
AI spending added 0.5% to GDP growth and the Magnificent 7 stocks are driving the market The S&P 500 is up 10% year-to-date and set another all-time high yesterday. Much of that growth has come from the Magnificent 7 tech companies, which are spending heavily on AI and its associated infrastructure. That wave of spending […]
Robust Financial Growth and Strategic Clean Energy Collaborations Boosting Future Opportunities
Strong Financial Growth and Strategic Clean Energy Partnerships Enhancing Future Prospects We recently compiled a list of the Blackrock’s 30 Most Important AI Stocks. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against the other AI stocks. In the third quarter of 2024, investment titan Blackrock released […]
Whistleblower at Super Micro stands firm on allegations of being terminated for raising concerns about accounting practices at the tech giant valued at $20 billion
Super Micro whistleblower doubles down on claim he was fired for complaining about accounting practices at the $20 billion tech giant A former Super Micro Computer strategy director is pressing ahead with allegations the hardware manufacturer retaliated and ultimately fired him for reporting what he believed to be accounting improprieties and Securities and Exchange Commission […]
Japan’s oldest cable company becomes top performer with rise of AI technology
AI boom makes 139-year-old cable company Japan’s hottest stock The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star. Fujikura Ltd., which makes wire cabling for data centers, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year. It […]
Broadband surpasses Tesla in the Magnificent 7 ranking
Broadband knocks Tesla out of Magnificent 7 With hardly anyone noticing, a tech titan you’ve probably never heard of has booted Tesla out of the heavily-hyped Magnificent Seven. Can it stay there? The overlooked Magnificent Seventh is Broadcom, a tech company that produces both hardware and software. It’s well known in the infotech world but […]