Previous Close | 15.50 |
Open | 17.00 |
Bid | 16.20 |
Ask | 16.35 |
Strike | 175.00 |
Expire Date | 2024-11-15 |
Day's Range | 16.45 - 17.00 |
Contract Range | N/A |
Volume | |
Open Interest | 1.24k |
Apple is expected to unveil its big generative AI push with new capabilities for the iPhone. But don’t expect generative AI itself to spur a new iPhone sales supercycle this year.
Tech employees are advocating for heightened oversight and regulation surrounding the rapidly evolving artificial intelligence landscape. Former and current employees from prominent tech giants like OpenAI, Alphabet's Google (GOOG, GOOGL), and Anthropic have released an open letter, raising concerns about the lack of governance to ensure the safe development of AI technologies. Appian (APPN) CEO Matt Calkins joins Catalysts to share his perspective on this initiative. Calkins supports the letter, calling it "an extremely responsible step." He notes that the letter tackles three distinct areas: safety concerns, the lack of a "more mature set of regulations," and transparency within AI organizations. "Fundamentally, it's about whether we can trust AI and whether AI is gonna be a partner to us in the way we make decisions as people and corporations. Right now, AI is a novelty," Calkins tells Yahoo Finance For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Alphabet (GOOG, GOOGL) has announced that Anat Ashkenazi, the current Eli Lilly (LLY) CFO, will become the company's new CFO. Bank of America Securities senior internet technology analyst Justin Post joins Catalysts to discuss the move and what the leadership shake-up could mean for the tech giant's future. "There's some uncertainty. It's taken longer than people expected to get a CFO," Post explains. He adds that Ashkenazi is joining Alphabet during a "good cost trajectory," beating earnings expectations last quarter and executing small layoffs. "The cost focus is already at Google at this point, which we think is a positive for the stock," he says. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl