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07.02.26 - 17:24
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Why Nvidia’s Jensen Huang Thinks Meta Platforms Is AI’s Profit Pioneer (24/7 Wall St.)
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Artificial intelligence (AI) holds immense potential to reshape industries, from automating tasks to generating new insights. Yet, despite this promise, only a handful of companies have turned AI deployments into substantial profits, though most are chipmakers like Nvidia (NASDAQ:NVDA) that supply advanced accelerators to fuel AI expansion. However, many customers investing in these tools struggle ... Why Nvidia's Jensen Huang Thinks Meta Platforms Is AI's Profit Pioneer
The post Why Nvidia's Jensen Huang Thinks Meta Platforms Is AI's Profit Pioneer appeared first on 24/7 Wall St.....
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07.02.26 - 14:54
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Big Tech Dominates Market Coverage as AI Narrative Intensifies (24/7 Wall St.)
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Big Tech's AI narrative dominated market attention this week as five mega-cap companies reinforced their commitment to artificial intelligence infrastructure, though investor reaction has been decidedly mixed. While earnings broadly exceeded expectations, stock performance tells a more complicated story about whether the market believes the AI investment thesis justifies current valuations. Nvidia (NASDAQ:NVDA) leads the ... Big Tech Dominates Market Coverage as AI Narrative Intensifies
The post Big Tech Dominates Market Coverage as AI Narrative Intensifies appeared first on 24/7 Wall St.....
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07.02.26 - 01:42
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Big Tech′s $650 Billion AI Plans Spark Chip Rally (Bloomberg)
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Nvidia shares soared Friday as investors snapped up shares of companies positioned to benefit from the vast sum of money that big technology firms have said they'll spend on artificial intelligence infrastructure this year. Amazon sparked the rebound after the technology giant said during an earnings call that it plans to spend $200 billion on data centers, chips and other equipment this year. All told, Amazon, along with Alphabet, Meta and Microsoft, are expected to shell out roughly $650 billion for AI tools in 2026, about 60% more than the prior year. Mark Mahaney, Senior Managing Director and Head of Internet Research at Evercore ISI, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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06.02.26 - 22:54
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NVIDIA Up Big to Close Out The Week (24/7 Wall St.)
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Nvidia Corporation (NASDAQ:NVDA) surged 72% on Friday, February 6, 2026, closing at $185 after opening at $176.69. The rally came on the back of three major catalysts that reinforced the AI chip leader's dominant position in the infrastructure buildout. The most immediate driver was Nvidia's $20 billion investment commitment to OpenAI, the company's largest startup ... NVIDIA Up Big to Close Out The Week
The post NVIDIA Up Big to Close Out The Week appeared first on 24/7 Wall St.....
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