AI and ChatGPT is the new 'iPhone 2007' moment for tech - Morgan Stanley
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Apple (AAPL) app store trending 'flattish' - UBS
March 8, 2023 9:06 AM ESTApple's (NASDAQ: AAPL) App Store is trending "flattish" in the quarter-to-date, UBS analyst David Vogt said on Wednesday.
Vogt, who has a Buy rating and $180 price target on the stock, told investors in a note that despite the flattish trend, the "comps ease significantly over the next three... More
Meta (META) faces trial over stolen AI trade secrets
March 7, 2023 10:45 AM ESTMeta (NASDAQ: META), the parent company of Instagram, Facebook, and WhatsApp, failed on Monday to end a lawsuit in Boston federal court claiming the company stole confidential information from AI startup Neural Magic Inc.
According to an expert's court testimony, Meta owes the startup about $766 million in... More
Kerrisdale Capital goes short 'flop' C3 AI (AI)
March 6, 2023 11:27 AM ESTKerrisdale Capital revealed Monday that it is short C3 AI (NYSE: AI), saying in a tweet that the company is a "no-growth, cash-burning industry flop."
Despite the short report, C3.ai shares are up just over 2% so far in today's session.
The investment... More
