SoftBank Group's AI focus pays off as shares surge 18% on bullish sales forecast by Nvidia Corp. and upgrades by several companies. IPO aims to raise $10bn.
Nvidia reaches a $1tn market value and becomes the first chipmaker to do so. The demand for its AI chips has driven the surge, with growth expected to continue.
Discover how Google expands their AI capabilities by introducing the AI chatbot ChatGPT, integrating images into Bard search results and using Adobe Firefly to create visuals quickly with Google Lens. Unlock the potential of online search with this tech giant, who has already seen a 4.1% stock increase at the Google I/O developer conference.
. Lemonade has embraced Artificial Intelligence (AI) technology to leave an impression on the insurance industry. With impressive first-quarter earnings and stock surge of 27%, the efficacy of AI to its business strategy is inevitable. Reap the benefits of Lemonade's AI solutions with over a million customers and witness higher-than-normal claim cost, automated process and cost savings with AI-powered models. Take the risk and benefit from AI revolution with the promising revenue results.
Saira Malik, Chief Investment Officer of Nuveen Asset Management with $1.1 trillion in assets under management, provides investors a checklist on tech and mining stocks with great potentials to weather any form of recession. Microsoft (MSFT) and ServiceNow (NOW) with their cost-saving tools and rising AI,EVs and semiconductor industry represented by NXP Semiconductors (NXPI) and Freeport-McMoRan (FCX) on renewable energy are her recommended stocks. Nuveen is committed to providing financial guidance for better decision making in challenging times.