(RTTNews) - Freight Technologies Inc. (FRGT), a logistics company, on Thursday said it is accelerating its transition to a software-first, AI-driven business and is exploring strategic alternatives, including a potential sale, for its online brokerage unit.
(RTTNews) - Freight Technologies Inc. (FRGT), a logistics company, on Thursday said it is accelerating its transition to a software-first, AI-driven business and is exploring strategic alternatives, including a potential sale, for its online brokerage unit.
The market is beginning to rotate away from the so-called artificial intelligence ( AI ) winners, as AI labs such as OpenAI scale back their chip spending commitments. Prices for memory chips, in particular, have been soaring in the last few months due to concerns about supply shortages, sending shares of Micron Technology up 282% in the last 12 months alone. Now, it's 27% off its highs, perhaps i...
The market is beginning to rotate away from the so-called artificial intelligence ( AI ) winners, as AI labs such as OpenAI scale back their chip spending commitments. Prices for memory chips, in particular, have been soaring in the last few months due to concerns about supply shortages, sending shares of Micron Technology up 282% in the last 12 months alone. Now, it's 27% off its highs, perhaps indicating that the supply shortage is over. One stock that could benefit from this rotation and a reduced price for memory chips is Nintendo (OTC: NTDOY) , which had seen its stock fall over fears of rising input costs. With input cost concerns easing, Nintendo looks like an ultra-cheap stock ready to produce improved earnings growth over the next few years. Here's why you should consider rotating into Nintendo as a perfect growth stock to own over the next decade. Continue reading
President Trump addressed the nation last night, making his case for war with Iran. And, the Supreme Court majority seemed inclined to rule against the Trump administration on birthright citizenship. (Image credit: Pool)
President Trump addressed the nation last night, making his case for war with Iran. And, the Supreme Court majority seemed inclined to rule against the Trump administration on birthright citizenship. (Image credit: Pool)