Demand for AI computing power could push data center spending to nearly $7 trillion by 2030.It will be a massive undertaking to build out the hardware and support necessary to power increasingly advanced artificial intelligence and provide it at a global level where billions of people can access it.According to research by McKinsey & Company, the world's technology needs will require $6.7 trillion in data center spending by 2030. Of that, $5 trillion will be due to the rising processing power demands of art ...

Group 1: Earnings Season Overview - The earnings season is underway, with investors focused on the performance of leading companies amidst ongoing challenges such as tariffs [1] - Top Wall Street analysts are assessing companies' abilities to navigate short-term difficulties and deliver long-term returns [1] Group 2: Uber Technologies - Uber Technologies (UBER) is expected to report a 17% year-over-year growth in gross bookings to $46.8 billion for Q2, slightly above Street estimates [3][4] - Revenue growth is anticipated at 18%, with EBITDA projected at $2.09 billion, aligning with consensus estimates [4] - Analyst Mark Mahaney believes UBER's stock remains a top pick due to strong growth in Mobility and Delivery bookings, positive user metrics, and successful robotaxi rollouts [5][6] - Mahaney maintains a buy rating on UBER with a price forecast of $115, while TipRanks' AI analyst has an "outperform" rating with a price target of $108 [6][7] Group 3: Alphabet - Alphabet (GOOGL) has a buy rating reaffirmed by JPMorgan analyst Doug Anmuth, with a price target increase to $200 from $195 [8] - The revised price target is based on better channel checks, third-party data, and favorable forex changes, reflecting a multiple of about 20-times the 2026 GAAP EPS estimate of $9.89 [9] - Anmuth highlights Alphabet's solid fundamentals, innovation focus, and potential growth in non-ad businesses like Cloud and YouTube subscriptions [11][12] - The company is expected to benefit from advances in Generative AI and a shift in advertising dollars to online channels [12][13] Group 4: Meta Platforms - Meta Platforms (META) has a raised price target of $795 from $735, with a maintained buy rating ahead of Q2 results [14] - The upgraded price target is based on a multiple of about 27-times the 2026 GAAP EPS estimate of $29.53, reflecting confidence in robust top-line growth and cost efficiencies [15] - Anmuth emphasizes Meta's competitive advantages, including its scale, growth, and profitability, as well as its targeting capabilities for advertisers [16][17] - The company is expected to invest in growth opportunities in AI and the Metaverse while maintaining cost discipline [17]

中新网南宁7月20日电 (记者 黄艳梅)在中国各地人工智能(AI)浪潮兴起之时，一场主题为"AI广西 AI中 国 AI东盟"的AI赋能千行百业超级联赛，19日在广西启幕。赛事将拓展人工智能应用场景，重点培育面 向东盟市场的人工智能新兴企业，推动人工智能赋能千行百业。 润建股份有限公司是南宁市人工智能领域的龙头企业。目前，该企业已完成马来西亚、泰国、柬埔寨、 缅甸等东盟国家24个数据中心建设。企业在城市治理、能源运维、智慧教育、智慧农业等多个行业打造 的智能体，面向东盟国家完成落地应用。 AI创新的热潮在广西各地翻涌。玉林市正推动"玉林智谷"加快成型，全力打造广西智能装备创新高地。 柳州东盟智算中心、贺州智能终端配件等一批算力服务、智能终端领域项目相继落地。 AI的价值在于落地生根，AI的活力在于开放合作。广西官方提出目标：到2027年，AI相关产业产值突 破1000亿元人民币，打造100个标志性智能产品，培育100个典型应用场景，培养10家具有全国影响力的 链主企业，初步建成面向东盟的人工智能产业高地。(完) 日前发布的《广西人工智能产业发展白皮书(2025年)》显示，广西全面深化"人工智能+"融合应用，已 ...

Core Viewpoint - A lawsuit has been filed against Apple Inc. and certain senior executives for potential violations of federal securities laws related to misrepresentation of Siri's AI capabilities and product timelines [1][2][3][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tucker v. Apple Inc., et al., No. 5:25-cv-05197 [2]. - Investors have until August 19, 2025, to request to lead the case [2]. Group 2: Allegations Against Apple - The complaint alleges that Apple misrepresented the advanced AI features of Siri and the timeline for their integration into the iPhone 16 product cycle [3][4]. - It is claimed that Apple did not have a functional prototype of the advanced AI features it promoted [4]. Group 3: Stock Performance Impact - Following the announcement on March 7, 2025, that Apple would indefinitely delay several AI-based Siri features, the stock price fell by $11.59, or nearly 5%, from $239.07 to $227.48 per share [5]. - On June 9, 2025, after the Worldwide Developer Conference where no new updates on Siri features were announced, the stock price declined by $2.47, or over 1%, from $203.92 to $201.45 per share [6].

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Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit downplayed the negative impact of Google's AI on its user growth, which has been significant as users can find answers directly through Google without visiting Reddit [3][4]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Reddit securities [2]. Group 3: Stock Performance - Following a report on May 1, 2025, indicating a slowdown in daily active user growth, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, an analyst from Baird cut the stock price target due to concerns over Google's AI, leading to a further decline of $9.79, or over 9%, from $105.64 to $95.85 per share [6].

An artificial intelligence (AI) model has cautioned that current market conditions may not favor buying shares in electric vehicle maker Tesla (NASDAQ: TSLA).Despite holding firm above the $300 level, Tesla has faced bearish sentiments, but the long-term outlook remains bullish. As of the last market close, TSLA was priced at $329, representing a 3% increase on the day. Since its dip in April, the stock has gained nearly 50%.TSLA one-week stock price chart. Source: FinboldFinbold consulted OpenAI’s ChatGPT ...

The U.S. government's current trade tensions with China stretch back to President Donald Trump's first term. But the situation isn't about tariffs alone. The U.S. is competing with its trading partner for supremacy in artificial intelligence. This led to new export restrictions on the sale of AI chips to China on April 9.The updated regulations affect many tech businesses, including AI leader Nvidia (NVDA -0.42%). The company's sales of its popular graphics processing units (GPUs), powerful computer process ...

The contrarian investor is taking a stance against the GPU makers in favor of a different type of chip.David Tepper is one of the most successful investment managers on Wall Street. His Appaloosa Management hedge fund has produced gross annualized returns of more than 28% since its inception in 1993. That far outpaces the S&P 500's annualized return over the last 32-plus years of about 10.6%.Tepper is best known for buying distressed debt from companies close to bankruptcy. In fact, Appaloosa was considered ...

Go Back To The Office, But Bring Your Own Snacks. Blame Congress.https://t.co/Gwl4t3GsIr https://t.co/UaR4lg7TpZ ...