Tuesdayβs stock-market slide was what one Wall Street strategist called a βchip-wreck.β
The semiconductor companies that have led this yearβs stock-market advance with triple-digit percentage gains were suddenly hit with a wave of doubts about the sustainability of the AI-driven rally.
Daniel Ives, Global Head of Technology as Wedbush Securities, discusses the broader tech landscape as investors remain jittery on high-flying tech stocks. (Source: Bloomberg)
The Google Home Speaker is the first new device of its kind to come from Alphabet Inc.Β in six years. In that time, Google has reshaped itself as an industry leader in artificial intelligence, with its Gemini platform now ubiquitous across consumer hardware like smartphones and web services like Search, Workspace and YouTube.
Dan Ives, global head of tech research and senior equity analyst at Wedbush Securities, discusses the importance of Wednesdayβs earnings from Micron Technologies, tech spending on capex and the AI buildout, and how he views public-private partnerships on AI companies. (Source: Bloomberg)