Google now uses AI to write 25% of its new code — Alphabet CEO Sundar Pichai underlines the company’s role in the AI industry amidst strong Q3 24 financials

Google now uses AI to write 25% of its new code — Alphabet CEO Sundar Pichai underlines the company’s role in the AI industry amidst strong Q3 24 financials

In Alphabet’s recent earning calls, Sundar Pichai said that Google relies on Artificial Intelligence to generate a quarter of its new code. The tech giant, highlighting its strong financials last quarter, attached significant importance to how… Article Source https://www.tomshardware.com/tech-industry/artificial-intelligence/google-now-uses-ai-to-write-25-percent-of-its-new-code-alphabet-ceo-sundar-pichai-underlines-the-companys-role-in-the-ai-industry-amidst-strong-q3-24-financials

Broadcom Inc. (AVGO): Will AI Demand and Strong Financials Propel This Stock Higher?

Broadcom Inc. (AVGO): Will AI Demand and Strong Financials Propel This Stock Higher?

We recently published a list of Renaissance Technologies Portfolio: 10 Best Stocks To Buy. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other best stocks to buy which are part of the… Article Source https://finance.yahoo.com/news/broadcom-inc-avgo-ai-demand-115542038.html

Broadcom Publishes Pro Forma Financials Following VMware Merger

Broadcom Publishes Pro Forma Financials Following VMware Merger

Broadcom Inc. has released pro forma financial information following its acquisition of VMware Inc. The merger closed on November 22, 2023, and is now reflected in financial reports for the two fiscal quarters ending May 5, 2024, and the fiscal year ending October 29, 2023. The pro forma financial statements show the effects of the … Read more

Is Weakness in Oracle Financial Services Software Limited’s (NSE:OFSS) Stock a Signal for Market Correction Despite Positive Financials?

Is Weakness in Oracle Financial Services Software Limited’s (NSE:OFSS) Stock a Signal for Market Correction Despite Positive Financials?

Oracle Financial Services Software (NSE:OFSS) experienced a 2.0% drop in its share price recently. Despite this, the company’s fundamentals appear strong, and its long-term financials are in line with future market price movements. One key metric to watch is the Return on Equity (ROE) for Oracle Financial Services Software. ROE is a measure that assesses … Read more

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024. Source link