Category: Finance
-
AI Stock Trade Shifting Beyond ‘Magnificent 7’ – Emergence of New Players
In a surprising turn of events, the AI stock trade is starting to see a shift away from the so-called ‘Magnificent 7’, the tech giants known for their dominance in the AI sector. The trend until now had seen the likes of Google, Amazon, Facebook, Apple, Microsoft, IBM, and Tesla reaping the lion’s share of…
-
Nvidia’s Stock Declines Amidst AI Spending Slowdown Fears, Intensified Competition
Nvidia’s stocks have seen a significant decline on Tuesday amid fears of a slowdown in artificial intelligence (AI) spending and increased competition. Analysts have been voicing concerns over the company’s ability to continue its dominance in the AI sector, as competition continues to intensify. Although Nvidia remains a dominant player in the AI sector, competitors…