GenAI

Analysts see Adobe Inc (NASDAQ:ADBE) benefitting from new product announcements and a focus on GenAI value add-ons unveiled at the company’s MAX 2024 Creativity Conference this week. The Adobe Analysts: JMP Securities analyst Patrick Walravens maintained a Market Perform rating with no price...

A Goldman Sachs analyst says that Microsoft Corp (NASDAQ:MSFT) will soon reap the benefits of its investment into Azure and artificial intelligence. The Microsoft Analyst: In a note published Thursday, Goldman Sachs analyst Kash Rangan reiterated his Buy rating for Microsoft, lowering its...

Alibaba Group Holdings Ltd (NYSE:BABA) (NYSE:BABAF) isn't just aiming to dominate e-commerce—it's positioning itself as a major player in the AI revolution. AI-Powered Sales Assistants, Marketing Tools According to Derek Yan, Senior Investment Strategist at KraneShares, generative AI could...

While the world focuses on Silicon Valley, one investment strategist is taking heed of China’s bold moves in the artificial intelligence space. What Happened: Derek Yan, a senior investment strategist at KraneShares, spoke to Benzinga about how China’s internet giants are laying the...

JPMorgan analyst Doug Anmuth expects tech giants — particularly members of the Magnificent Seven — to ramp up spending on capital expenditures (capex) in a big way. Expect a tech arms race centered around AI advancements to heat up among Amazon.com Inc (NASDAQ:AMZN), Google parent Alphabet Inc (...

Shares of Apple Inc (NASDAQ:AAPL), the largest company in the world, have seen an impressive year-to-date performance up over 16%. One analyst highlighted matters to look out for ahead of its third-quarter earnings report on August 1. The Apple Analyst: Bank of America analyst Wamsi Mohan...

Omnicom Group Inc. (NYSE:OMC) shares are trading lower today after the company reported second-quarter FY24 results. Revenue rose 6.8% Y/Y to $3.85 billion, beating the consensus of $3.82 billion. This was led by an organic growth of 5.2% Y/Y. Acquisition revenue...

Intuit Inc (NASDAQ:INTU) successfully transitioned to a subscription-based model while also showing additional upside from generative artificial intelligence (AI). The Intuit Analyst: RBC Capital Markets’ Rishi Jaluria initiated coverage of Intuit with an Outperform rating and price target...

Amid the technology sector’s pivot to artificial intelligence (AI), Microsoft Corp (NASDAQ:MSFT) investors have benefitted from the company’s push toward AI. A Goldman Sachs analyst noted encouraging signs that Microsoft’s investments in AI will pay off as the technology rolls out...