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Artificial intelligence names have become some of the most widely accepted stocks among professional investors, and several AI-related companies have seen the biggest increases in ownership by active U.S. equity mutual funds over the past year, according to a Bank of America study. A new analysis of the bank’s portfolio holdings found that technology companies linked to the AI boom had the largest increase in “ownership coverage,” or the share of funds that own the stocks, making up the majority of the S&P 500 list. Bank of America said the data is based on a monthly analysis of holdings in…
Meta acquired Moltbook, a Reddit-like “social network” that allows AI agents using OpenClaw to communicate with each other. The news was first reported by Axios and later confirmed to TechCrunch. Moltbook will join Meta Superintelligence Labs, a Meta spokesperson said. Moltbook creators Matt Schlicht and Ben Parr will join the team as part of the acquisition. Terms of the deal were not disclosed. “The addition of the Moltbook team to MSL opens up new ways for AI agents to work for people and businesses. Their approach to connecting agents through an always-on directory is a new step in a rapidly…
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Tuesday’s big moments. 1. Stocks opened lower on Tuesday, but quickly rebounded after rebounding from their Iran war lows on Monday following President Donald Trump’s comments that suggested the conflict could soon end. West Texas Intermediate crude oil fell 10.5% to about $85 a barrel. But Secretary of Defense Pete Hegseth said Tuesday that “today will be the most intense day of attacks on Iranian soil.” Jim Cramer said a key indicator of the end of the war schedule is the…
In a slight bow to those who don’t want AI built into the apps they use every day, Google said it will now offer a toggle that will allow users of its Google Photos app to return to the previous, faster “classic” search experience rather than a new AI-powered option known as “Ask Photos.” Launched in the US in 2024, the “Ask Photos” feature allows users to search for photos using natural language queries with complex requests. Rollout of the product was temporarily halted last summer as the company worked to address issues with lag following user feedback. Some Google…
Elon Musk and xAI logo.Vincent Fillay | AFP | Getty ImagesElon Musk’s xAI scored a victory in Mississippi, with regulators on Tuesday giving the go-ahead for the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of South Haven to power a nearby data center. The Mississippi Department of Environmental Quality “voted to approve the permit” for xAI subsidiary MZX Tech LLC “after careful consideration of all public comments and community concerns,” MDEQ spokesperson Jan Schaefer told CNBC in an email.The NAACP and other civil rights and environmental activists called for the meeting…
And who was Miley as the duo stepped into this next chapter together? was previously married liam hemsworth— grateful that she can define their love on her own terms. “Our privacy, and what makes it so small, is that I’m actually surprised that we could have and have more options,” she explained. people That same month. “Also, as I’ve gotten older, I’ve become more protective of what I’m open to sharing.” but, plastic heart The singer prioritizes her privacy and occasionally shares her favorite traits about Max. What’s the biggest? He helped her overcome her phobia of paper during the…
As Nvidia prepares for next week’s flagship GTC conference, Wall Street analysts are reiterating their bullish stance on the chipmaker. Nvidia’s annual GPU Tech Conference (GTC) will be held from March 16th to March 19th in San Jose, California. Trust Securities analyst William Stein, who called the event the “Super Bowl of AI,” expects the company to share predictions about future supply and demand dynamics, backlog, and market growth opportunities. Stein and other Wall Street analysts are also looking forward to hearing about the company’s new and expanding AI portfolio, which includes models and businesses. Wall Street shops also expect…
The two-year-old AI Research Institute, founded by OpenAI co-founder Mira Murati, has signed a major contract with semiconductor giant Nvidia. Murati’s Thinking Machines Lab on Tuesday announced a multi-year strategic partnership with AI semiconductor giant Nvidia. The size of the deal was not disclosed, but includes the AI Institute deploying at least 1 gigawatt of Nvidia’s Vera Rubin system, which was released earlier this year, starting in 2027. Nvidia has also made a strategic investment in Thinking Machines Lab, which has raised more than $2 billion since its founding in February 2025 from investors including Andreessen Horowitz, Accel, and Nvidia,…
oracle Shares rose as much as 10% in after-hours trading Tuesday after the software vendor reported quarterly results that beat Wall Street expectations and boosted its fiscal 2027 revenue outlook.Oracle expects fourth-quarter fiscal year adjusted earnings per share of $1.92 and $1.96, with revenue growth of 19% to 20%. LSEG’s consensus included $1.70 per share and 20% earnings growth.Here’s how the company performed for the quarter compared to the LSEG consensus:Earnings per share: $1.79 adjusted vs. $1.70 expected Sales: $17.19 billion vs. $16.91 billion expectedOracle’s overall revenue increased 22% year-over-year in the fiscal third quarter ended Feb. 28, according to…
Family is everything to Taylor and Travis, so VIP automatically includes their respective parents and siblings. Possible best man Jason Kelsey has at least two daughters, Wyatt and Elliott, who are flower girls with wife Kylie Kelsey, but depending on when the big day happens, younger sister Bennett could grow up as well. (Oh, baby Finley will probably have to put this to bed.) It remains to be seen which of Travis’ Kansas City Chiefs teammates will be chosen, but Travis was a groomsman at quarterback Patrick Mahomes’ 2022 wedding to Brittany Mahomes, so in addition to coach Andy Reid,…