People do actually want to use their smart speakers to shop. Newly published research from Google and Peerless found that 62% of smart speaker owners surveyed said that they were likely to buy something through their speaker in the next month. That’s good news for both Google and Amazon — which so steeply discounted their […]
Read moreYou’ve heard of artificial intelligence — everyone from Elon Musk to Mark Zuckerberg couldn’t stop talking about it in 2017. But this year, AI will affect your life in tangible ways. “I believe 2018 is the year that this will start to become mainstream, to begin to impact many aspects of our lives in a […]
Read moreNvidia’s gaming business will drive further gains for the company’s shares this year, according to a top Wall Street firm. Goldman Sachs reiterated its buy rating for Nvidia shares, predicting the chipmaker will report earnings ahead of expectations. “Nvidia is one of the few stocks in our coverage universe exposed to multiple secular growth markets […]
Read moreCES 2018, formerly known as the Consumer Electronics Show, kicks off next week in Las Vegas. In previous years, it’s been home to major announcements ranging from new computers, TVs, smart home appliances, autonomous car technology and more. This year might change a bit, at least compared to last year, according to at least one […]
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Digital currency ethereum climbed Friday to a record high, while bitcoin attempted to recover from a recent slump. Ethereum briefly rose 9.6 percent to an all-time high of $1,075.39 Friday, according to CoinMarketCap. The digital currency had pared gains midmorning Friday and was trading about 3 percent higher near $1,014. It had a market capitalization […]
Read moreIn an usual move for the executive branch, the White House’s top economic advisor, Gary Cohn, said he believes stocks are cheap. “I think the stock market — and some other pretty famous investors over the last 24, 48 hours have agreed with us — that the stock market is not expensive right now,” Cohn […]
Read moreA potential pot crackdown by Washington hit high-flying cannabis stocks late this week, and some traders are betting that one hot name is about to cool off even more. On Thursday, Attorney General Jeff Sessions announced that federal prosecutors will now be able to decide how to proceed when state legalization rules clash with federal […]
Read moreAmazon announced new tools on Friday that will allow gadget-makers to include the smart voice assistant in a whole array of new products. Alexa is Amazon‘s smart voice assistant and it has slowly made its way from the Amazon Echo into third-party speakers, refrigerators and, soon, even microwaves. Now, with Amazon’s Alexa Mobile Accessory Kit, […]
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Cisco Systems rose more than 1 percent to its highest level in nearly 17 years on Friday, after an analyst at Bank of America Merrill Lynch upgraded the stock. Analyst Tal Liani upgraded shares of Cisco to buy from neutral and raised his price target to $46 from $37. The new target is 18 percent […]
Read moreThe disappointing retail number in the Labor Department’s monthly nonfarm payrolls report shows Amazon‘s grip on the sector is “accelerating,” CNBC’s Jim Cramer said Friday. The Labor Department reported an unexpected loss of 20,000 retail positions during the holiday shopping season, bringing the number of jobs shed in the sector last year to nearly 70,000. […]
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