Artificial intelligence (AI) has been dominating the news cycle as a technological arms race has kicked into high gear. Microsoft (NASDAQ: MSFT) led the pack early with its investment in AI pioneer OpenAI, but Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Meta (NASDAQ: META), and the rest of big tech have all made their own forays into …
Stocks started the day higher but fell later, as investors grew more cautious as Wednesday went on. The biggest jolts came from the technology and AI sectors, as major stocks fell. ChatGPT requires 15 times more energy than a traditional web search, says Arm exec The Dow Jones Industrial Average lost 45 points, or about 0.1%, to end …
Raymond James Financial Services Advisors Inc. trimmed its position in Global X Internet of Things Thematic ETF (NASDAQ:SNSR – Free Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,307 shares of the company’s stock after selling 993 shares …
Stratos Wealth Partners LTD. lowered its holdings in Global X Internet of Things Thematic ETF (NASDAQ:SNSR – Free Report) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,533 shares of the company’s stock after selling 862 shares during the quarter. Stratos Wealth …
One of the biggest catalysts propelling the market higher over the past year or so has been the advent of artificial intelligence (AI). Businesses and market watchers alike agree that the potential for productivity increases could boost profits, benefiting enterprises and shareholders alike. Investors are also waiting on the edge of their seats for insight …
Global X Internet of Things Thematic ETF (NASDAQ:SNSR – Get Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 6,170,000 shares, an increase of 134,030.4% from the March 15th total of 4,600 shares. Based on an average daily volume of 4,142,400 …
Warren Buffett said in an interview with CNBC in April 2023 that artificial intelligence (AI) was “extraordinary.” However, Buffett quickly added that he didn’t “know if it’s beneficial.” Whatever the multibillionaire’s opinion of AI is, he has already benefited financially from the technology. Buffett has invested $159 billion in these eight AI stocks — and …
For three decades, investors have been privy to no shortage of next-big-thing investment trends. Although nothing has been as transformative as the advent of the internet, innovations and trends that have included genome decoding, businesses-to-business commerce, 3D printing, blockchain technology, and the metaverse have captivated the attention of professional and everyday investors alike. At the …
UBS Group AG increased its position in Global X Internet of Things Thematic ETF (NASDAQ:SNSR – Free Report) by 5.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 174,272 shares of the company’s stock after buying an additional 8,371 shares during the quarter. UBS Group AG’s holdings in Global X Internet of Things …
David Tepper has developed quite a following on Wall Street. The billionaire heads up Appaloosa Management — the hedge fund he founded back in 1993. He has been called “arguably the greatest hedge fund manager of his generation” by Forbes magazine and has “consistently outperformed his industry peers and the broader global markets since [Appaloosa’s] …