Analysis

OpenAI on Thursday added a set of new search functions to its popular large language model ChatGPT, opting to integrate the feature into the chatbot instead of launching a separate product.

US stock markets led by Nasdaq tumbled on Thursday after Microsoft and Meta earnings ignited investor concerns about the sector prospects amid rising AI costs.

U.S. equities were lower at the close on Thursday, as losses in the Technology, Basic Materials and Financials sectors propelled shares lower.

TradingKey – As expected, the Bank of Japan (BoJ) kept interest rates unchanged at its October meeting. BoJ Governor Kazuo Ueda expressed concerns over the yen's weakness and hinted at potential rate hikes tied to inflation, leading to a stronger yen.

TradingKey - In the US, Big Tech has been gearing up to report their latest numbers as earnings season kicks into gear. For a lot of the large cloud companies, investors have been watching out for how the Artificial Intelligence (AI) story plays out.

(Reuters) -Facebook owner Meta Platforms on Wednesday warned of "significant acceleration" in artificial intelligence-related infrastructure expenses next year, while beating analysts' estimates for third-quarter revenue and profit.

Reddit sold the majority of its cryptocurrency holding, mainly dominated by Bitcoin, before BTC started pumping up in October, as revealed in its latest Securities and Exchange Commission (SEC) filing. 

Palantir Technologies (NYSE: PLTR) seems to be in the right place at the right time. Investor optimism about artificial intelligence (AI) is rising, while global tensions could boost demand for the company's military targeting and analytics software.

McDonald's (NYSE: MCD) shares took a hit after the company's popular quarter pounders were linked to an E. coli outbreak in several Western and Midwest states. The U.S. Department of Agriculture believes that the onions used in the burgers were the likely source of the contamination.

Starbucks Corporation (NASDAQ:SBUX) reported disappointing fourth-quarter results that fell short of analyst expectations, sending shares down 1.5% in after-hours trading. The coffee giant's earnings and revenue declined as it faced challenges in customer experience and traffic.

MicroStrategy, the world’s largest corporate Bitcoin holder, has unveiled plans to raise $42 billion in capital over the next three years to expand its Bitcoin holdings.

Investong.com-- Roku Inc (NASDAQ:ROKU) reported better-than-expected third-quarter results but saw its shares fall 8% in after-hours trading as investors focused on the company's fourth-quarter guidance.

Adobe's fiscal-year calendar doesn't follow the earnings season of most other tech giants, so its fourth-quarter and full fiscal-year results won't be reported until Dec. 11. But Adobe's own projections call for decent, but not great results for the full-fiscal year.

Investing.com -- Microsoft reported Wednesday fiscal first-quarter results that topped Wall Street estimates, underpinned by growing cloud revenue amid a wave AI-related enterprise spending.

TradingKey - Data on global economies is always something closely watched by investors. That’s even more true in the US, the world’s largest economy and home to the world’s largest stock market.

eBay Inc (NASDAQ:EBAY) reported third-quarter earnings that slightly beat analyst expectations, but shares plummeted 10% in after-hours trading due to disappointing guidance for the crucial holiday shopping season.

Coinbase reported Wednesday third-quarter earnings that fell well short of Wall Street estimates as weakness in cryptocurrencies during the quarter kept a lid on trading volumes.

TradingKey - The earnings season for “Big Tech” in the US, for Q3 2024, is officially in full swing this week as a host of large technology companies – many part of the “Magnificent Seven” – post their latest numbers.

In the world of technology and investing, Artificial Intelligence (AI) is all the rage right now. That’s been mainly down the remarkable demand for computing power required to process the large language models (LLMs).

Reddit Inc (NYSE:RDDT) reported better-than-expected third-quarter results and provided strong guidance, sending its shares soaring over 17% in after-hours trading.