Category: AIFueled
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Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook By Reuters
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NEW YORK (Reuters) – Shares of Lumen Technologies Inc jumped 30 percent on Wednesday, extending gains from the previous session, after the telecom company raised its annual free cash flow outlook on demand tied to artificial intelligence. Lumen shares were trading at $6.54 a share after hitting an intraday high…
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5 Reasons Nvidia Isn’t in an AI-Fueled Bubble
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The stock market has a long history of creating bubbles, especially in the technology sector. However, when it comes Nvidia (Nasdaq: NVDA), the chipmaker’s stunning valuation may not actually be a sign of a bubble. Rather, it may reflect a deeper truth about the rapidly evolving state of artificial intelligence.…