⚡️ LATEST: Google unveiled Quantum Echoes, a new algorithm said to be 13,000 times faster than classical ones, paving the way for advances in AI and science. https://t.co/z8zYYV13J0 ...

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, Amazon Music, YouTube or wherever you find your favorite podcasts. Investors are betting big on AI, but Nobel Prize-winning economist Richard Thaler isn't sold on all the promised returns. "There will be winners and losers, and we don't know which those will be," Thaler told Yahoo Finance Executive Editor Brian Sozzi on the Opening Bid Unfiltered podcast (see the video above; listen below). "We don't know how big AI will be in terms of econom ...

What is your take here in your thesis on what this reporting about anthropic and Google represents. So there are two aspects of it. Anthropic has been working closely with Amazon Web Services.It also has investment from Google. So it is logical that they will be using some cloud capacity from Google as well. But the big question is whether this, you know, talks a little bit about as infrastructure or this is just a matter of in looking for capacity at this point because everybody is constrained.Microsoft re ...

Market Overview - U.S. equities are experiencing a mixed performance, with strong corporate earnings in some sectors contrasted by profit-taking in technology and macroeconomic uncertainties [1][2] - The Dow Jones Industrial Average (DJIA) showed resilience, while the S&P 500 (SPX) and Nasdaq Composite (NDAQ) faced pullbacks, indicating a divergence in market performance [1][3] Market Indexes - The DJIA retreated by approximately 188.04 points to 46,736.70 after reaching a record high of 46,924.74, driven by positive earnings [2] - The S&P 500 was down 36.55 points at 6,698.80, a decline of about 0.9%, yet remains near its all-time high of 6,735.35 [3] - The Nasdaq Composite slipped by 222.70 points to 22,730.97, reflecting a 1.5% decrease, with the Nasdaq 100 also registering a 1.2% decline [4] Sector Performance - The industrials and capital goods sectors showed strength due to robust quarterly results, while the technology sector faced challenges with some megacap stocks struggling [5] - Notable corporate movers included: - Netflix (NFLX) shares fell 10% due to weaker-than-expected quarterly profit linked to a $619 million tax dispute [5] - Tesla (TSLA) shares declined approximately 2.5% ahead of its earnings report [5] - General Motors (GM) surged 14.9% after exceeding quarterly expectations and raising full-year targets [5] - 3M (MMM) and RTX (RTX) also reported better-than-expected profits, boosting their stock prices [5] Commodities Market - Gold prices experienced a significant decline, falling to $4,019.78 per ounce after a "flash crash," attributed to profit-taking and a strengthening U.S. dollar [6] - West Texas Intermediate (WTI) crude oil futures advanced, trading near $58.60 a barrel [6] Upcoming Market Catalysts - Investors are monitoring key events, including ongoing earnings season and macroeconomic developments, which could influence market direction [7] - The third-quarter earnings season is a focal point, with major tech companies set to report results in the coming weeks [11] - The ongoing U.S. government shutdown and its impact on economic data and Federal Reserve policy decisions are also critical factors for market sentiment [11]

Let's look at Alphabet, too, because that's a big story today. And what an interesting 24 hours it's been for that for that name. They have the Open AI announcement of the browser yesterday, which we we were going to get.We talked about it yesterday during this program, right. And then today there's this report that they're in talks with Anthropic to secure more computing power. So, you know, you you go down, you go up, you gyate around, and here's where the stock is today.It's in the green. Everybody owns ...

Core Insights - Google is experiencing positive momentum in its cloud computing business, with potential new contracts and significant revenue growth expected in the upcoming earnings report [2][3][4] Group 1: Cloud Computing Developments - Google is in negotiations with Anthropic, a competitor of OpenAI, for a cloud computing contract, which could enhance its cloud business [2] - Analysts project a 29% growth in Google Cloud revenue for Q3, estimating it will reach $14.65 billion [3] - New customers for Google Cloud include OpenAI and Meta Platforms, indicating a growing demand for AI computing resources [4] Group 2: Stock Performance - Google stock rose slightly to $251.20, reflecting a 33% increase in 2025 after a period of underperformance [4] - Despite recent fluctuations, Google stock is trading below its all-time high of $256, reached on September 19 [5] Group 3: Quantum Computing Advances - Google CEO Sundar Pichai announced further advancements in quantum computing, building on previous developments in error correction with the "Willow" quantum chip [6] - Quantum computing utilizes qubits, which can exist in multiple states simultaneously, allowing for faster and more complex calculations compared to traditional computers [7][8] Group 4: Stock Ratings - Alphabet's Relative Strength Rating is currently at 90 out of a possible 99, indicating strong performance relative to other growth stocks [9] - The stock holds an Accumulation/Distribution Rating of B+, suggesting moderate institutional buying activity [9] - Google stock has a Composite Rating of 98, reflecting its strong fundamental and technical metrics [10]

Shares of Google higher after announcing a quantum computing breakthrough, adding to buzz for the stock after reports the company's in talks with Anthropic on a multi-billion dollar cloud deal. Our Mackenzie Sagalos has more on that in today's tech check. What a week for Google, Mac.>> Yeah, it really has been. I was talking to one Google investor this morning, Carl. He told me that the quantum breakthrough isn't what's driving the stock.It's the bigger signal here that Google is starting to show signs of r ...

Group 1: OpenAI and Claude Developments - OpenAI launched the AI browser ChatGPT Atlas based on the Chromium engine, currently available for macOS and will expand to Windows and mobile versions, integrating ChatGPT deeply into the browser with memory features and agent mode for complex tasks like booking and shopping [1] - Claude has officially released a desktop version supporting both Mac and Windows, featuring global shortcuts, window sharing, voice input, and tool connections, allowing users to view screen content and connect to various tools [2] Group 2: Google AI Studio and Tencent Developments - Google AI Studio introduced the vibe Coding experience, enabling users to generate AI applications with a single click and providing real-time code editing and deployment options, making it user-friendly for beginners [3] - Tencent's Mixworld Model 1.1 has been open-sourced, supporting multi-modal input and achieving significant performance improvements in real-world tasks, with a pure feedforward architecture allowing for rapid inference [4] Group 3: Baichuan-M2 Plus and Huawei Innovations - Baichuan Intelligent released Baichuan-M2 Plus, the first evidence-enhanced medical model, achieving high scores in various medical exams and demonstrating superior medical knowledge application capabilities [6] - Huawei's HarmonyOS 6 was launched, enabling seamless interaction with Apple devices and enhancing AI capabilities, including note-taking and automated shopping features [7] Group 4: Dexmal and Robotics Innovations - Dexmal introduced the open-source VLA code library Dexbotic, designed to facilitate algorithm reproduction across various simulation environments, addressing industry challenges in research and development [8] - Songyan Power launched the Bumi humanoid robot priced under 10,000 yuan, featuring 21 degrees of freedom and capabilities for education and companionship, marking a shift from laboratory to consumer applications [9] Group 5: Samsung's XR Headset - Samsung unveiled its first flagship XR headset, Galaxy XR, priced at approximately 12,800 yuan, featuring advanced specifications and capabilities, including a high-resolution display and extensive sensor tracking [10][11] Group 6: Insights on AI Agent Development - A former Manus researcher reflected on AI development, emphasizing that the key to AI Agent capability transformation lies in effective cognitive processes rather than just model intelligence, highlighting the evolution of agent capabilities [12]

Core Insights - Reddit's lawsuit reveals a network of start-ups that scrape Google's search results and sell this data to AI companies [1] Group 1 - The lawsuit highlights the existence of an ecosystem that capitalizes on Google's search data [1] - Start-ups involved in this ecosystem are focused on data aggregation for AI applications [1] - The practice raises questions about data ownership and the ethical implications of scraping [1]

Core Insights - Meta's AI Superintelligence Labs plans to lay off around 600 employees to enhance competitiveness and efficiency [1][2][3] - The layoffs were communicated to employees on October 22, with the newly formed TBD Lab group remaining unaffected [2] - Meta's AI Chief, Alexandr Wang, stated that reducing team size will streamline decision-making and increase individual impact [3] Company Actions - Meta is encouraging laid-off employees to apply for other positions within the company while continuing to hire for its AI teams [4] - A hiring freeze for the AI division was previously reported, with Meta emphasizing organizational planning for its superintelligence efforts [5] Industry Context - The downsizing reflects the competitive landscape in the AI sector, where Meta is aggressively investing to keep pace with rivals like OpenAI and Google [6] - Meta has made significant investments, including a $14.3 billion acquisition of Scale AI, to attract top talent [6] - Reports indicate that Meta has onboarded 50 staff members with compensation packages reaching up to $100 million [8]