Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 18, 2025. David Paul Morris | Bloomberg | Getty ImagesGeneral Motors and Nvidia have agreed to a strategic collaboration that includes the automaker using several products and artificial intelligence services from the tech giant for its next-generation vehicles, advanced driver-assistance systems and factories.The companies on Tuesday announced that the new initiatives include building custom artificial intelligence systems using Nvidia compute platforms, including “Omniverse with Cosmos,” for optimizing GM’s factory planning and robotics.The Detroit automaker also…
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KBW maintained its buy-equivalent rating on Capital One, calling Monday’s market reaction to the report “overblown.” Source link
Duolingo looks set to tap into a potential global user base in the billions, according to JMP. The investment firm upgraded the language education stock to a market outperform rating from market perform. Analyst Andrew Boone accompanied the move by establishing a $400 price target. Shares of Duolingo have surged 36% over the past 12 months, but have slipped 9% so far this year. Boone’s new price forecast is approximately 36% above Duolingo’s Monday closing price of $294.18. DUOL 1Y mountain DUOL 1Y chart “Our price target multiple is a premium to the comps, which we justify given Duolingo’s massive…
The S & P 500 is attempting to rebound from the lows set Thursday. It’s still too early to tell if this low will hold and a new rally was born. To help answer this question, let’s open the proverbial market hood to examine three internal gauges of the market engine. We’ll refer to these simply as “market internals.” I’ll try to explain some of these more in-depth metrics more clearly than a mechanic would explain to us how our car engine is going to be fixed and how long it might last. To start, let’s use a market internal that…
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty ImagesThe Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a “passive income” scheme, which spun up Amazon storefronts on their behalf and promised “insane returns” that were higher than the stock market.The FTC said Tuesday it filed a lawsuit against the company, called Click Profit; its co-founders Craig Emslie and Patrick McGeoghean; and two other business…
One Tuesday morning in late February, a fan in New York who logged into FanDuel’s online sportsbook would’ve found 33 men’s college basketball games listed to bet on and zero women’s games. That fan could place an online wager on some midmajor men’s contests, such as Western Illinois vs. Lindenwood, Troy vs. Texas State and Bowling Green vs. Eastern Michigan. However, no odds were listed for women’s games involving power conference programs like Arizona vs. Texas Tech or Iowa State vs. UCF.The following day wasn’t much different. FanDuel posted odds on 49 men’s college basketball games for New York state…
Canada has made a 6 billion Canadian dollar ($4.2 billion) deal with Australia to develop a cutting-edge radar for the Arctic that can detect hypersonic missiles and other threats over the curvature of the earth, Prime Minister Mark Carney announced on Tuesday.Mr. Carney also announced hundreds of millions of dollars in new spending to carry out year-round military exercises in the Arctic and to build up vital infrastructure for the Indigenous communities that make up most of the population there.The new Canadian funding and operational plans come amid a crisis in the U.S.-Canada relationship as a result of President Trump’s…
Investors should focus on buying stable stocks at a lower valuation as uncertainty grows due to policies out of Washington, according to Goldman Sachs. The stock market has been under pressure recently, with the S & P 500 briefly dipping into correction territory last week. The broad market index struggled again on Tuesday, losing more than 1%. Traders have been fearful that President Donald Trump’s tariffs on imports from Mexico, China and Canada — along with a slew of cuts to government spending — could spark a sharp economic slowdown. Trump himself warned this month that the economy will likely…
Bullish sentiment for stocks cratered in historic fashion this past month as President Donald Trump’s haphazard rollout of tariffs rattled markets and raised concerns about economic growth, according to the most widely followed investor survey on Wall Street. Bank of America’s Global Fund Manager Survey for this month saw its biggest pullback in overall investor sentiment since March 2020, back when stocks plummeted as the U.S. grappled with the Covid-19 pandemic. That has resulted in what investment strategist Michael Hartnett deemed a “bull crash” in sentiment. This month’s steep decline is the seventh largest over the past 24 years and…
A Google corporate logo hangs above the entrance to their office at St. John’s Terminal on March 11, 2025, in New York City.Gary Hershorn | Corbis News | Getty ImagesGoogle on Tuesday announced health-care updates to Search, including a way for people with specific health conditions to compare their experiences with others.The company unveiled a new feature called “What People Suggest,” which uses AI to pull together online commentary from patients with similar diagnoses. A patient with arthritis would be able to look up how other people with the condition approach exercise, for instance. The feature is available on mobile…
