“I think with clinical trials, there’s still going to be a few years to get through the clinical trial space,” Gibson said. “But, to find the drug and get it into the clinic, I think we can shorten that from five or six years and hundreds of millions of dollars into, perhaps, one or two …
When Ivana Delevska launched her fund in August 2021, she had a sense that artificial intelligence would be huge. A hedge fund veteran, having worked at Citadel, Millennium and Tiger Management, Delevska specializes in the industrial sector, communicating with more than 100 companies she covers. By figuring out where companies were investing their dollars, she …
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told …
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Stocks fizzle: Wall Street was enjoying …
A four-day week is imminent, hedge fund titan and billionaire New York Mets owner Steve Cohen told Andrew Ross Sorkin on Wednesday during a CNBC Squawk Box appearance. It’s not because workers have been begging for it, or because studies confirm it improves work outcomes, or even just because it’s universally popular. Rather, Cohen—currently CEO …
CNBC’s Jim Cramer on Wednesday contended the impact of artificial intelligence on business and the stock market isn’t yet fully realized, pushing back on suggestions it’s some buzzy tech losing its luster. “It’s clear that lots of investors have no idea what AI is,” Cramer said on “Mad Money.” “In fairness, the reason they have …
As the hype around AI shows few signs of slowing, one analyst has identified several warning signs that a correction could be on the way. In a research note entitled, “Magic Money Tree,” Richard Windsor, veteran tech stock analyst and founder of research firm Radio Free Mobile, warned that money was flowing into the AI …
If recent history is any guide, snatching up shares of Marvell Technology (MRVL) ahead of its upcoming AI presentation could potentially pay off for investors, according to Citi. Given this setup, analyst Atif Malik opened a positive catalyst watch on the semiconductor stock ahead of its April 11 event, with its $91 price target implying …
Investors looking to bet on the artificial intelligence boom may want to take a look at Taiwan Semiconductor Manufacturing , according to JPMorgan. Analyst Gokul Hariharan reiterated his overweight rating on the semiconductor maker, a supplier to chip majors such as Nvidia , Advanced Micro Devices and Qualcomm , saying that “all roads in AI …
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Taking a breather: Stocks were mixed …