Tag: generative AI
-
Meet Amazon’s AI Assistant, Rufus
Amazon (AMZN) is soaring. All after posting better-than-expected earnings. EPS of $1 was well above estimates for 80 cents. Revenue of $170 billion was above estimates of $166.2 billion. Amazon Web Services numbers came in at $24.2 billion, as expected. Advertising came in at $14.7 billion, slightly above expectations for $14.2 billion. Amazon also said…
-
This is Why Microsoft Could Race to Higher Highs
Microsoft (MSFT) just went ballistic. Since the year began, the stock jumped from about $244 to a current price of $363.29. Today alone, it’s up 5%, or $17.08 a share. All on news it just announced a $30 per month subscription for the use of generative AI with Microsoft 365. As noted by CNBC, “Adding…