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Wall Street Is Bullish on This Artificial Intelligence (AI) Growth Stock, but Is It Too Late to Buy?
Artificial intelligence (AI) could be the most transformative technology in a generation. A recent survey by McKinsey and Company suggests that 72% of companies already use it in at least one business function. It's a percentage that is likely to grow.
Oracle’s rampant cloud growth wasn’t enough for Wall Street, and its stock slides after-hours
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales increased 12%, to $10.8 billion, accounting for 77% of the company’s total, while sales of cloud and on-premises licenses inched up 1%, to $1.2 billion.
Oracle stock is down almost 8% after earnings miss and elevated cloud expectations
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Oracle Posts Disappointing Growth, Denting Cloud Enthusiasm
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock to a record high in recent weeks on enthusiasm for the company’s ascendant cloud business.
11m
TSMC Posts 34% Sales Growth in November on Sustained AI Demand
Taiwan Semiconductor Manufacturing Co.’s sales rose 34% in November, reflecting sustained growth from AI demand despite ...
2d
on MSN
Nvidia's Growth Is Slowing. Here Are 2 Lesser-Known AI Stocks With Monster Return Potential.
Nvidia's Growth Is Slowing. Here Are 2 Lesser-Known AI Stocks With Monster Return Potential.
6d
China's SenseTime reshapes to focus on generative AI growth
Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed at ...
6h
AI, digital investments may be next leg of SE Asia’s FDI growth
While a large chunk of FDI in Southeast Asia continues to be directed at traditional sectors such as manufacturing, the ...
7h
C3 AI shares surge on strong second quarter and upgraded outlook
For the quarter that ended on Oct. 31, C3 AI reported an adjusted net loss per share of six cents, down from a loss of 16 ...
11h
11 Trending AI Stocks on Latest News and Ratings
Advancements in AI have revolutionized many industries, from healthcare and education to finance and entertainment, offering ...
8h
C3.ai Narrows 2Q Loss on Subscription Revenue Growth
C3.ai narrowed its loss in the second quarter as sales rose due to higher subscription revenue.
3d
on MSN
Why AI’s growth hinges on real-time data and ethical data sharing
As AI tools grow in sophistication, the challenges of scalability, ethical data use, and economic incentives remain critical to shaping the next phase of innovation. Both Nelson and Ruoff agree that ...
Zawya
20h
AI: A leapfrog opportunity for South African economic growth
Beyond marketing, AI's potential extends to critical sectors such as healthcare, education, and agriculture. In healthcare AI ...
6h
This new AI model can speak plant
A first-of-its-kind artificial intelligence model has been trained using more than 1,100 species of plants around the world ...
Opinion
14h
on MSN
Opinion
AI uses so much water. If Midwest wants tech growth, let's plan to sustain it. | Opinion
Regions facing water shortages struggle to combat water supply issues. The Great Lakes region can harness our freshwater ...
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