Tag: hype

Toyota to get an earnings lift from hybrids as EV hype cools

By Daniel Leussink (Reuters) – Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world’s top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost […]

Did the ‘get-out-of-jail’ vote live up to the hype?

With elections fast approaching in South Africa, the BBC’s Nomsa Maseko reflects on 30 momentous years of democracy and how the country has changed since the end of the racist system of apartheid. [BBC] My mother told me when she cast her ballot on 27 April 1994 that the vote felt like a “get-out-of-jail card” […]

Tesla Shares Jump as Investors Buy Into Musk’s Robotaxi Hype

(Bloomberg) — When Elon Musk announced he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker. Most Read from Bloomberg Tesla shares already had been sinking before the company reported anemic quarterly delivery figures on April 2. Days later, Reuters reported the automaker […]

Erik ten Hag expects Kobbie Mainoo to handle the hype after England debut

Manchester United boss Erik ten Hag is confident Kobbie Mainoo can deal with the hype following his impressive full England debut. Just four months on from making his first Premier League start, the 18-year-old put in a man-of-the-match performance in Tuesday’s 2-2 draw against Belgium at Wembley. Mainoo had not even been included in the […]

Palantir Stock Downgraded Amid ‘Unprecedented Generative AI Hype Cycle’

An analyst downgraded data analytics software maker Palantir Technologies (PLTR) on Thursday on views its valuation is inflated amid investor buzz over generative artificial intelligence. Palantir stock fell in early trading, X Brian White, analyst at Monness, Crespi, Hardt & Co., downgraded Palantir stock to sell from neutral. “On the back of this unprecedented generative AI hype […]

Unlike the Internet Bubble, AI Is “Not Hype,” Says JPMorgan CEO Jamie Dimon. 1 Stock to Buy Hand Over Fist if He’s Right.

In a far-reaching interview on Monday with CNBC’s Leslie Picker, outspoken JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon addressed the debate over the growing interest in all things artificial intelligence (AI) and whether or not the technology is more hype than substance. Some market commentators are starting to suggest there’s a bubble in AI stocks, […]

JPMorgan CEO Jamie Dimon warns no one will be able to escape the claws of AI—and that sets it apart from the dotcom bubble: ‘This is not hype’

When it comes to artificial intelligence there are two camps: Those who are skeptical about how much AI will impact our future and those who believe it’ll change the world forever—and JPMorgan’s CEO Jamie Dimon falls firmly in the latter group. Whether or not you currently work with technology, the billionaire boss of the New […]