I’m not surprised by the stock slide; the shares had been up twenty-seven percent in three weeks leading up to the report. Ergo, sell on the news. Nvidia beats, boosts buybacks, but shares slide Nvidia’s report showed less upside than in prior quarters, prompting a six-percent
ECONOMY
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AI layoffs strategy boosts stock performance
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If you need to lay off staff, make sure to herald it as the benefits of AI. Very good for your stock.
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Wall Street’s Best Ideas: AI Arms Race Accelerates
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Wall Street’s Best Ideas: AI arms race keeps going OpenAI explains why they are so confident in spending billions on AI, buy-side expectations are pretty high for Nvidia’s October-outlook, bull and bear dismiss Hindenburg’s short story on Super Micro, and Ambarella and Box seem
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Wall Street Analysts Overwhelmingly Bullish on Nvidia Stock
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'Of the 74 Wall Street analysts who cover Nvidia and are tracked by Bloomberg, 66 advise buying more of its shares; none suggests selling.' https://
economist.com/business/2024/
08/26/what-could-stop-the-nvidia-frenzy
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Klarna AI Bots Replace 700 Customer Service Agents
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"In February, payments company Klarna Bank AB announced #AI bots were conducting two-thirds of all customer service interactions, equaling the work of 700 full-time agents"
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Jobs Created Extension Benchmark Sharing Wins
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Love this “jobs created” extension of the benchmark. Not just hoarding, but sharing the wins 🙂
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AI Value Creation and Ethical Business Alignment
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I would hope that it’s making money by creating value for those it gets money from… but this is a hope that applies to both human and AI, and unfortunately not always the case
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Affiliate Links and Print on Demand Business Models Explored
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agree. curious what pops to mind as the base set of requirements for this. my mind jumps to affiliate links and print on demand…
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GenAI improving customer service in financial services sector
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Is #GenAI going to improve customer service in financial services? Did you know, according to Qualtrics, bad customer experiences cost $3.7 trillion annually? That’s up 19% from 2023 ($3.1 trillion). This gives #FinancialServices firms a breakaway moment. #CX is a competitive
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AI Empowering Indian Startups Through Government Roundtable Discussion
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The INDIAai mission hosted a roundtable discussion in New Delhi to explore how Artificial Intelligence is transforming and empowering startups in India. @JitinPrasada @GoI_MeitY @abhish18 @debjani_ghosh_ @jayesh_ranjan @_DigitalIndia #DigitalIndia #AIInnovate #StartupIndia