FTC scrutinizes megacap's AI deals

03:21pm, Thursday, 25'th Jan 2024
CNBC's Deirdre Bosa joins 'Power Lunch' to report on the FTC focusing on megacap companies AI deals.
The Federal Trade Commission has begun an inquiry into investments and partnerships in the generative artificial intelligence sector. The regulator has ordered Google parent company Alphabet, Amaz

Tesla: 5 Reasons the Earnings Dip is a Bargain

02:21pm, Thursday, 25'th Jan 2024
Over the years, EV maker Tesla ( TSLA ) has evolved into a dynamic technology innovator. With the world's richest man at the helm (Elon Musk), Tesla has gone from an obscure start-up to the EV king.
Alphabet Inc., Amazon.com Inc. and Microsoft Corp. must provide information to the US Federal Trade Commission on their investments and partnerships with artificial intelligence startups Anthropi
The Federal Trade Commission voted unanimously Thursday to open an investigation into the deals forged by tech giants and swiftly growing generative AI companies, including Microsoft, OpenAI, Amazon,
FTC will examine what rights the tech giants' investments in AI companies have conferred and if those deals harm competition
It has issued orders to five companies seeking information about recent AI investments and partnerships.
The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.82% GOOG, +1.88%, Amazon.com, Inc. AMZ
FTC Chair Lina Khan said on Thursday that her agency is looking int AI deals among the biggest players developing and using the technology.
The agency plans to scrutinize Microsoft, Amazon and Google for their investments in the A.I. start-ups OpenAI and Anthropic.
Amazon (AMZN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A rise in consumer spending indicates that people will have more confidence in spending, which will boost retail stocks like Wingstop Inc. (WING), Target Corporation (TGT), Casey's General Stores, Inc
Now that the Federal Reserve (the Fed) has pivoted its strategy to the opposite end of where it had been throughout 2023, meaning they are now proposing to cut interest rates after an aggressive hik
Easing inflation and a few Federal Reserve rate cuts this year could help bolster laggards of the U.S. stock market, especially if the economy avoids a recession, says Craig Sterling, head of equity r

Will Nvidia Be Worth More Than Amazon by 2025?

05:10am, Thursday, 25'th Jan 2024
Nvidia has become nearly as valuable as Amazon over the past year. The rapid growth of the AI market lit a fire under Nvidia's stock.
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