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Big Tech companies efforts around artificial intelligence AI are reportedly getting聽a largely negative聽reception on Wall Street.In the days since their most recent earnings reports,聽Amazon,聽Microsoft and聽Alphabet have seen their share prices decline, Bloomberg聽reported Friday Aug. 2 .These companies failed to show that they are gaining sales from their investments in AI infrastructure, according to the report.Meta Platforms, on the other hand, reported second-quarter revenue that exceeded expectations, with CEO聽Mark Zuckerberg saying that the companys investment in AI has paid off in the form of better ad targeting and content recommendations, per the report.Meta also surprised analysts b <a href=https://www.cups-stanley-cups.ca>stanley canada</a> y raising its forecast for AI investments, the report said.Zuckerberg said in a July interview that companies are making rational decisions to invest in AI, as they must position themselves for the most important technology for the next 10 to 15 years, per the report.For the most part, though, the trend is toward growing investor concern that companies profits from generative AI may not be enough <a href=https://www.stanley-cup.cz>stanley cup</a> to justify the investments they have made in AI infrastructure, according to the report.These concerns have also impacted the companies that make the chips that power AI, the report said.To turn things around, companies must develop more significant use cases for generative AI, beyond the incremental improvements they have unv <a href=https://www.cups-stanley.uk>stanley uk</a> eiled so far, per the report.Tech giants and startups alike are both r Lkcm The Pandemic Is Driving Crooks Online, Too
2015 wasn ;t a banner year f <a href=https://www.stanleycup.fr>stanley quencher</a> or department store chains. While longstanding franchises like Macy tried just about everything to <a href=https://www.cups-stanley.fr>stanley quencher</a> avoid store closures and layoffs, other brands are finding out that the impending doom in brick-and-mortar retail might not be as dire and imminent as once thought.At least, that the case for JCPenney, which The Dallas Morning News reports has adjusted <a href=https://www.cup-stanley-cup.pl>stanley cup</a> earlier plans to close dozens of stores to a new goal that has just seven storefronts shuttering by mid-April at the latest. While that still gives the retailer plenty of time to close more locations in the rest of 2016, it would put JCPenney on pace to come in under the number of stores closed in 2015 41 and 2014 33 .A JCPenney spokesperson told Women Wear Daily that the stores being closed comprise less than 1 percent of the entire company brick-and-mortar footprint, so the brand is unlikely to miss the sales from these underperforming locations. While some of those customers may simply continue their buying relationship with JCPenney online, the spokesperson did note that the company is expecting to stomach some losses off the bat that should even out as it聽moves further into 2016.In fact, JCPenney might be in a better position to enter 2016 like a well-oiled machine 鈥?or, at least, one oiled with more holiday sales than its competitors. Reuters reported that JCPenney same-store sales in November and December rose by 3.9 percent, and CEO Marvin Ellison
Big Tech companies efforts around artificial intelligence AI are reportedly getting聽a largely negative聽reception on Wall Street.In the days since their most recent earnings reports,聽Amazon,聽Microsoft and聽Alphabet have seen their share prices decline, Bloomberg聽reported Friday Aug. 2 .These companies failed to show that they are gaining sales from their investments in AI infrastructure, according to the report.Meta Platforms, on the other hand, reported second-quarter revenue that exceeded expectations, with CEO聽Mark Zuckerberg saying that the companys investment in AI has paid off in the form of better ad targeting and content recommendations, per the report.Meta also surprised analysts b <a href=https://www.cups-stanley-cups.ca>stanley canada</a> y raising its forecast for AI investments, the report said.Zuckerberg said in a July interview that companies are making rational decisions to invest in AI, as they must position themselves for the most important technology for the next 10 to 15 years, per the report.For the most part, though, the trend is toward growing investor concern that companies profits from generative AI may not be enough <a href=https://www.stanley-cup.cz>stanley cup</a> to justify the investments they have made in AI infrastructure, according to the report.These concerns have also impacted the companies that make the chips that power AI, the report said.To turn things around, companies must develop more significant use cases for generative AI, beyond the incremental improvements they have unv <a href=https://www.cups-stanley.uk>stanley uk</a> eiled so far, per the report.Tech giants and startups alike are both r Lkcm The Pandemic Is Driving Crooks Online, Too
2015 wasn ;t a banner year f <a href=https://www.stanleycup.fr>stanley quencher</a> or department store chains. While longstanding franchises like Macy tried just about everything to <a href=https://www.cups-stanley.fr>stanley quencher</a> avoid store closures and layoffs, other brands are finding out that the impending doom in brick-and-mortar retail might not be as dire and imminent as once thought.At least, that the case for JCPenney, which The Dallas Morning News reports has adjusted <a href=https://www.cup-stanley-cup.pl>stanley cup</a> earlier plans to close dozens of stores to a new goal that has just seven storefronts shuttering by mid-April at the latest. While that still gives the retailer plenty of time to close more locations in the rest of 2016, it would put JCPenney on pace to come in under the number of stores closed in 2015 41 and 2014 33 .A JCPenney spokesperson told Women Wear Daily that the stores being closed comprise less than 1 percent of the entire company brick-and-mortar footprint, so the brand is unlikely to miss the sales from these underperforming locations. While some of those customers may simply continue their buying relationship with JCPenney online, the spokesperson did note that the company is expecting to stomach some losses off the bat that should even out as it聽moves further into 2016.In fact, JCPenney might be in a better position to enter 2016 like a well-oiled machine 鈥?or, at least, one oiled with more holiday sales than its competitors. Reuters reported that JCPenney same-store sales in November and December rose by 3.9 percent, and CEO Marvin Ellison
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