Data analytics company Elastic raised its expectations for revenue and profit as it harvests the benefits of generative artificial intelligence. Analysts say buy the stock as AI can offer more financial gains. On Thursday after market close, Elastic, which helps customers build search applications, said it expects $1.06 to $1.15 per share in earnings for …
Hewlett Packard Enterprise stock was rising Thursday following the announcement of an expanded partnership with Nvidia . It’s the latest sign that close links with Nvidia are seen as key to benefiting from spending on artificial-intelligence hardware. The combined HP Enterprise-Nvidia technology will allow businesses to quickly customize AI models using private data and …
Earlier this month, 760 stations owned by iHeartMedia simultaneously threw their weight behind a new single: The Beatles’ “Now and Then.” This was surprising, because the group broke up in 1970 and two of the members are dead. “Now and Then” began decades ago as a home recording by John Lennon; more recently, AI-powered audio …
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Today, I’m talking with Avishai Abrahami, the CEO of Wix. You might know Wix as a website builder. It’s a competitor to WordPress and Squarespace. Tons of sites across the web run on Wix. But the web is changing rapidly, and Wix’s business today is less about web publishing and more about providing software to …
With the holiday shopping rush in full swing this Cyber Monday, more than 71 million consumers are expected to grab online deals, making it one of the busiest days for e-commerce giants like Amazon. To help manage the rush, the company is using artificial intelligence — AI — to offer customers even faster deliveries. Amazon is …
The challenges of 2022’s bear market are beginning to fade as Wall Street looks to the future — and with good reason. The S&P 500 has already climbed 27% from its bear market low and sits just 5% below a new all-time high. Once the index exceeds that benchmark, it will mark the final measure …
Founder of Laulau-During the UK’s 2023 cost-of-living crisis, He launched the Hot Meal Challenge to raise hot meals for Londoners facing food poverty. Under the patronage of Lord Woolley of Woodford and in partnership with Sufra, this social fundraiser supported hundreds of families across London. Fabio Richter In an era marked by economic challenges, the …
As we approach the finish line for 2023 and your organization gets ready to start another year, take some time to celebrate and look back at what you accomplished. This year was transformative. It saw the emergence of artificial intelligence tools, increased cloud technology adoption rates, innovation to address staffing issues and so much more. …
This article is part of our exclusive IEEE Journal Watch series in partnership with IEEE Xplore. Weather satellites can track every movement of a storm from orbit. However, the algorithms that analyze satellite readings currently don’t estimate precipitation levels as well as the algorithms that have been fed ground-based radar data. Now, a new study …
The Dow Jones pared gains early Wednesday, along with the S&P 500 and the Nasdaq after Nvidia (NVDA) reported another quarter of huge earnings and strong guidance. Key economic data came in mixed. X Nvidia stock fell solidly early Wednesday, still within a buy zone. Other key AI plays near buy points rose, including Microsoft …