TTM Technologies: I Am Raising My Price Target As AI Demand Accelerates

Apparent deescalation in the Gulf and lower expectations for the Fed to hike twice have been negative for the US dollar. The dollar declined in recent days against most major currencies apart from the yen as traders reduced expectations of two hikes by the Federal Reserve (the Fed) before the end of the year. Now…

Australia’s corporate regulator warned on Monday that generative AI is enabling scammers to build sophisticated networks of fake websites, endorsements and news articles designed to trick investors into parting with their money. The Australian Securities and Investments Commission (ASIC) said it has observed a sharp increase in scams using deepfake videos of celebrities and politicians,…

As companies make rounds of job cuts and double down on AI spend, Google’s parent company Alphabet is expanding its workforce. Alphabet reported blockbuster second-quarter earnings, with revenue climbing 24% year over year to $119.8 billion. The company revealed in its earnings report that it increased head count by 11,830 employees, from 187,103 to 198,933,…

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Serve Robotics (SERV 1.55%) develops last-mile logistics solutions. It believes robots and drones are perfect for delivering food, retail goods, and other small commercial loads, because they are far more efficient and less expensive than current human-driven solutions. Thousands of Serve’s latest Gen 3 robots are already making deliveries through platforms like Uber Eats and…

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