Companies Put AI to Work Outside the Cloud, Trimming Costs
Advances in networking and algorithms are pushing computing-intensive apps beyond data centers and closer to the edge, CIOs say
Source: wsj.com
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Intelligent Ultrasound 1H Pretax Loss Widened Slightly On Costs
By Elena Vardon Intelligent Ultrasound Group said its pretax loss for the first half of 2023 widened slightly on higher costs related to marketing and...
Source: marketwatch.com
Cisco's AI Boost Will Take a While, Analysts Warn. But Orders Lift Confidence.
The company's increase in orders and commitment to a consistent share buyback are boosting the stock.
Source: marketwatch.com
Microsoft Struggles to Gain on Google Despite Its Head Start in AI Search
The new Bing with AI chatbot is ‘cute, but not a game changer’
Tom Dotan Dow Jones Company Inc All Rights Computers Consumer Electronics Applications Software Artificial Intelligence Technologies
Source: wsj.com
Why Cisco's stock is rising in the face of a downbeat outlook
Cisco expects even more sluggish revenue growth in the year ahead than analysts were expecting, but its stock was still rising in Thursday's action.
Piper Sandler Ben Reitzes Oppenheimer Ittai Kidron Amit Daryanani Needham Alex Henderson Melius Research
Source: marketwatch.com
Nvidia's stock can shoot to $800, says one of Wall Street's biggest bulls
Nvidia "remains one of our top plays as the company stands in a league of its own when it comes to software and AI solutions," a Rosenblatt analyst writes.
Hans Mosesmann Nvidia Corp Article Normal Computers Consumer Electronics Applications Software Artificial Intelligence Technologies
Source: marketwatch.com
Chegg Shares Rally on Expanded Buyback Plan
The company's board approved a $200 million boost to its program to repurchase stock and convertible notes.
Sarah Kerver Getty Ericj Savitz Dan Rosensweig Getty Images Article Normal Artificial Intelligence Technologies
Source: marketwatch.com
Generative AI will 'unlock value' for Walmart shareholders, says CEO
Walmart’s data assets are “unique” says CEO Doug McMillon
Doug Mcmillon Walmart Inc Article Normal Artificial Intelligence Technologies Retail Wholesale Mixed Retailing
Source: marketwatch.com
Adobe 'Is Emerging as an AI Leader,' Analyst Says
BofA analyst Brad Sills upgraded Adobe stock to Buy from Neutral, and lifted the price target to $630 from $575. Artificial intelligence will add billions of...
Source: marketwatch.com
Walmart expects to make a lot more money on selling ads for its products. Here's what it's up against.
Walmary is hoping to make a lot more money off of advertisements promoting the things it sells. One analyst says it won't necessarily be easy.
Source: marketwatch.com