Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. The first centers entirely around semiconductor company Nvidia. The second centers around infrastructure companies like Microsoft and Amazon.

Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.

Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024. Companies completing forward stock splits have, since 1980, handily outperformed the S&P 500 in the 12 months following their split announcement.

Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday." His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his peers.

While much of the media's attention has been squarely focused on Nvidia, longtime tech behemoth Microsoft (NASDAQ: MSFT) is an artificial intelligence (AI) force to be reckoned with as well. Aside from this direct investment,

Welcome to Wall Street's AI era. Banks, hedge funds, asset managers, and private equity firms have been eager to use generative AI to boost productivity and reduce grunt work for workers.

Following the shift, Bank of America analyst Mariana Perez Mora has raised the price target for the AI darling from $50 to a street-high of $75 and maintained a “Buy” rating on the stock.

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system.

The bull market on Wall Street persists, aided by stocks like Nvidia and Microsoft, which are posting tremendous results on the back of the artificial intelligence (AI) boom. Knowing when to invest with the market near all-time highs is difficult.

Like the web version of Grok, the mobile app would likely use the Grok-2 model. The most recent iteration of the Grok line of models, Grok-2, offers similar conversational abilities to ChatGPT and other AI chatbots but is boosted with real-time information from X.

Artificial intelligence (AI) technology will propel Tesla to $2 trillion in the next few months, according to Wall Street analyst Dan Ives. Ives, who works at Wedbush Securities, highlighted that automobile and technology company’s share could experience a major boost due to its foray into the technology.

Stocks soared to record highs in November as Wall Street looked ahead to a second term for President-elect Donald Trump. Trump's incoming administration and the Fed's interest rate-cutting campaign are likely to remain in the spotlight in December.