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Bank of America Sees AI Transforming the Internet in the Next Five Years - Top Stocks Will Follow the Trend

Bank of America Sees AI Transforming the Internet in the Next Five Years – Top Stocks Will Follow the Trend

Artificial intelligence will be a catalyst for big tech stocks over the next five years, according to Bank of America. The sector was beaten in 2022 thanks to macroeconomic factors, including inflation and rising interest rates. The tech-heavy Nasdaq Composite is down 25% this year, compared to the nearly 12% drop in the S&P 500. …

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Amazon's cloud unit faces cost-sensitive customers as economic fears rise

Amazon’s cloud unit faces cost-sensitive customers as economic fears rise

Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business with some of the world’s largest technology vendors. But as companies face the most discouraging economic environment since the 2008 financial crisis, those massive checks they send to AWS for their technology infrastructure are coming under …

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Amazon's new 65-inch Fire TV is better and currently costs less than last year's model

Amazon’s new 65-inch Fire TV is better and currently costs less than last year’s model

Amazon Fire TV Omni QLED Series 4K UHD Smart TV. Amazon I tested AmazonThe new 65-inch Fire TV Omni QLED Series 4K UHD Smart TV. If you’re a casual viewer like me, the new Fire TV is easy to use and offers great picture quality for the price. And speaking of price, at press time …

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US tech giants face pressure from European telecom operators to pay to build the internet

US tech giants face pressure from European telecom operators to pay to build the internet

In Europe, the battle between American Big Tech companies and telecommunications companies has reached a fever pitch. Telecoms groups are pushing European regulators to consider setting up a framework where companies that send traffic over their networks are charged fees to help fund massive upgrades to their infrastructure, which we calls the “shipper-pays” principle. Their …

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