The impact of artificial intelligence on earnings results
Advancements in AI and in the healthcare sector, Nvidia and Microsoft's strong results, Alphabet's challenges, and space exploration new milestones are the highlights of the new edition of Tech Trends
By Itaú Private Bank
2 minutes of reading
In this month's Tech Trends, Niraj Patel, Chief Equities Strategist at Itaú Private Bank international, brings valuable insights into the dynamic world of technology.
We start the year with a constant flow of exciting news, ranging from impressive earnings results to disruptive innovations in artificial intelligence and significant achievements in space exploration.
Check out the main highlights:
- Strong earnings from Nvidia, Microsoft, Meta, Amazon, and DELL, driven by AI, contrasted with weaker results from Alphabet due to advertising revenue shortfalls and Apple, affected by China's market.
- OpenAI launched Sora, showcasing advanced text-to-video technology, while Alphabet faced challenges with its Gemini product, leading to a pause in its launch due to issues with accuracy and offensive content.
- Viking Therapeutics' mid-stage trial for a GLP-1 weight loss drug showed promising results, with nearly 90% of participants losing more than 10% of their body weight, reflecting the high market interest in weight-loss solutions.
- Advancements in space exploration, with Intuitive Machines being the first private company landing on the moon and SpaceX's Falcon 9 spacecraft launching a crew to the International Space Station for a six-month mission.
- Upcoming events include Nvidia's GTC developers conference, with expected product launches and a keynote by its CEO Jenson, along with Apple and Google developer conferences, offering insights into future technological developments.
Watch the full video below: