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

CEO Antonio Neri said lots of orders related to AI are coming in, and the company doesn’t have enough supply to meet the demand. ....

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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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AI Day Traders Have a New Favorite Stock

Nearly 240 millions shares of SoundHound AI had traded hands midway through Tuesday’s trading session. ....

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