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HP Enterprise Posts Mixed Results as Networking Demand Slows, AI Backlog Builds

Apple Missed With Its Car Project, Why AI Move Needs to Score Big. And 5 Other Things to Know Before Markets Open.

Apple Missed With Its Car Project, Why AI Move Needs to Score Big. And 5 Other Things to Know Before Markets Open.
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The Apple Car Is Dead. That Puts More Pressure on the Company's AI Ambitions.

Apple’s decision to give up on the Apple car underlines the Street’s concerns about the company’s minimal revenue growth in recent quarters.

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Optimism From Investors

Optimism abounds!Enthusiasm for everything related to artificial intelligence (AI) drove a global stock market rally last week. Equity markets in the United States, Europe, and Japan hit all-time highs after a leading chipmaker reported better-than-expected earnings and an extraordinary surge in demand for its artificial intelligence-targeted processors, wrote Rita Nazareth

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