Nvidia Corp. is the “clear beneficiary” of Meta Platforms Inc.’s rampant spending on artificial intelligence, according to an analyst. The Facebook parent company now expects to spend $30 billion to $37 billion on capital expenditures this year, whereas it was projecting $30 billion to $35 billion previously. The new “outlook reflects our evolving understanding of …
Published: Jan. 30, 2024 at 7:58 a.m. ET Advanced Micro Devices Inc. reports earnings after the closing bell Tuesday, and one analyst has ratcheted down his enthusiasm for the stock ahead of the big event. Admittedly, Raymond James’ Srini Pajjuri is still bullish on the stock, but he bumped his rating on it down to …
Amazon.com Inc. shares offer the most upside among large-capitalization internet companies going into next year, an analyst wrote Thursday. Piper Sandler’s Thomas Champion just dubbed Amazon’s stock AMZN, -0.95% his top large-cap pick for 2024, citing the e-commerce giant’s potential to improve retail margins and generate strong momentum in the cloud. “Retail margins have improved …
Disinformation is deliberately generated misleading content disseminated for selfish or malicious purposes. Unlike misinformation, which may be shared unwittingly or with good intentions, disinformation aims to foment distrust, destabilize institutions, discredit good intentions, defame opponents and delegitimize sources of knowledge such as science and journalism. Many governments engage in disinformation campaigns. For instance, the Russian government …