Meta explored acquiring AI startup PlayAI. Terms undisclosed. Zuckerberg prioritizes AI for 2025. Also invested in Scale AI. Plans to compete with tech rivals.
In a potential game-changer for the cryptocurrency mining sector, Morgan Stanley has forecasted that CoreWeave Inc.‘s (NASDAQ:CRWV) proposed acquisition of Core Scientific Inc. (NASDAQ:CORZ) could boost the
Tesla (NASDAQ: TSLA) CEO Elon Musk endorsed Microsoft (NASDAQ: MSFT) Satya Nadella's perspective on the practical impact of AI, emphasizing its benefits to sectors like healthcare, education, and productivity.
Amazon founder Jeff Bezos and Lauren Sanchez's star-studded wedding celebrations began in Venice, Italy, with A-list guests like Oprah, Bill Gates, and Kim Kardashian.
Salesforce CEO Marc Benioff revealed that AI now handles up to 50% of the company's tasks, and while jokingly suggesting an AI agent could replace him, he emphasized the growing role of AI in improving productivity.
SoftBank CEO Masayoshi Son aims to position the company as a leading platform provider in the artificial super intelligence sector within the next decade, with major investments in companies like Ampere and OpenAI.
Microsoft Corp. has restructured its cybersecurity leadership by transferring Chief Information Security Officer Igor Tsyganskiy from the traditional security organization to the Cloud, artificial intelligence division, signaling the tech giant's strategic pivot toward AI-powered cybersecurity solutions.
Wedbush analyst Dan Ives raised Microsoft's price target to $600, citing the company's leading position in cloud computing and hyperscaling technologies, with expectations that it could reach a $5 trillion valuation in the next 18 months.
Bill Gates warns that continued U.S. cuts to global health aid could result in 8 million additional child deaths by 2040, urging Congress to reverse course and restore funding to critical programs like PEPFAR and the Global Fund.
Shares of home energy technology company Enphase (NASDAQ:ENPH)
jumped 13% in the afternoon session after the solar sector received a boost from indications that U.S. lawmakers are considering preserving tax credits for rooftop solar.
Shares of regional bank Provident Financial Services (NYSE:PFS) jumped 5.8% in the afternoon session after Raymond James initiated coverage on the stock with a "Strong Buy" rating and set a $21 price target. The investment firm highlighted Provident as a "well-run franchise" that is poised to increase its market share, thanks to a robust balance sheet and strong liquidity.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 5.3% in the afternoon session after reports that Congress may not cut federal tax incentives for residential solar installations. The potential for clean energy tax credits to remain intact, and possibly even be made more generous, has sent a wave of optimism through the solar sector.
