Generative AI

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

Black Friday in the U.S. saw unprecedented online sales this year, with generative AI chatbots being a key driver in boosting retail website traffic. What Happened: The online expenditure during the shopping festival hit $10.8 billion, a 10.2% jump from 2023. According to a report by Barron...

With partnerships in the automotive space, SoundHound AI (NASDAQ:SOUN) is using artificial intelligence to help consumers better connect to their vehicles and help car companies profit from transactions. SoundHound Unlocks AI Opportunities: SoundHound AI has partnerships with automotive companies...

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...

Software company Adobe Inc (NASDAQ:ADBE) could provide another example of a company utilizing artificial intelligence for new products and financial growth when the company reports third-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect Adobe to report third...

Amazon.com Inc (NASDAQ:AMZN) has strong positions in both e-commerce and cloud, according to an analyst who projects more runway in both segments, with artificial intelligence helping to power the AWS cloud business line. The Amazon Analyst: Cantor Fitzgerald analyst Deepak Mathivanan initiated...

Enterprise artificial intelligence company C3.ai Inc (NYSE:AI)’s stock is plunging after-hours Wednesday following its first-quarter earnings report. Here are the key highlights. What Happened: C3.ai reported first-quarter revenue of $87.2 million, up 21% year-over-year. The revenue figure...

Renowned tech reviewer Marques Brownlee, better known as MKBHD, recently commented on Procreate’s decision to reject generative AI integration, sparking a lively discussion on the future of digital art tools. What Happened: On August 20, 2024, Brownlee shared a video post by Procreate, in...

Liang Chen, the general manager of Tencent Holdings‘s (OTC:TCEHY) Tencent Cloud’s internet industry department, has expressed skepticism about the widespread use of artificial intelligence in the gaming industry. What Happened: Chen, who is responsible for enhancing game manufacturers...

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...

Amazon.com Inc.‘s (NASDAQ:AMZN) strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company has incurred billions in losses as a result. What Happened: Amazon’s Echo devices, which...

China has emerged as the global frontrunner in the adoption of generative AI, according to a survey, conducted by SAS and Coleman Parkes Research. What Happened: The survey, which included 1,600 decision-makers across various industries worldwide, found that 83% of Chinese...

Artificial intelligence has captivated the financial markets and sent the SPDR S&P 500 ETF Trust (NYSE:SPY) into an upward spiral. Even though the S&P 500 is up over 15% through the first half of 2024, only a few firms have reaped generative AI’s benefits. The Data: A post on X...

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...