Technology stocks led the stock market to new all-time highs in the past year. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500’s total return in the past 12 months. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, … Read more
Cohesity Turing integration with Amazon Bedrock will provide customers valuable insights into their data with responsible AI and governance. Cohesity will showcase additional expanded support for AWS workloads at AWS re:Invent 2023. Cohesity, a leader in AI-powered data security and management, today previewed early access to Cohesity Turing, the company’s comprehensive, patent-pending collection of artificial intelligence … Read more
The Indian stock market indices, Sensex and Nifty 50, are likely to open on a cautious note amid mixed global cues. The Asian markets rebounded, while the US stock market ended higher overnight led by tech stocks as Treasury yields retreated. On Thursday, the domestic equity benchmarks settled around a percent lower amid volatility due … Read more
Amazon commits $4 billion investment in AI Startup Anthropic to compete with other tech giants from Microsoft to Google; Differing opinions emerge among experts on the impact of artificial intelligence; AI becomes mainstream in South Korea, from K-pop to sales assistants; Accenture’s AI Chief says generative AI could boost Europe’s competitive edge against the US- … Read more