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Category: Artificial Intelligence

Algorithms led to the fastest bear market in stock market history

Last week, I wrote about how algorithms led to the fastest bear market in history. I explained that what’s driving the speed and severity of the bear market is the escalation of algorithmic trading, which is more prevalent than it was during the Great Recession in 2008. March 2020 holds the record for how quickly stock prices dropped into a bear market — only 16 days after the S&P 500 Index hit its last closing high Feb. 19. The second-fastest bear market was the notorious 1929 crash that set off the Great Depression, followed by the elevator drop of 1987’s Black…

Alteryx Stock Price: More Downside Before Taking Off

After soaring 147% to reach an all-time high of $147 per share, Alteryx’s stock price has been on a freefall and is currently trading around $98. Alteryx (AYX) fell victim to the cloud sell-off, which happened as the result of nose bleed valuations popping due to heightened recession fears. Other SAAS companies like Slack, Zoom Video, and Twilio have been declining as well, and so far with no end in sight. What’s interesting is that the Alteryx stock price declined even as the company did everything right. In other words, when a growth company in a hyper growth sector has…

Nvidia Versus Xilinx: Heavy Hitter AI Stocks

This week, I revisited Nvidia for the first time since the crypto bust. If you’re a regular reader of mine, then you’ll remember that I defended Nvidia as having a strong fundamental story due to their developer following and the GPU-powered cloud. We’ve seen the GPU-powered cloud story take shape with the recent acquisition of Mellanox. However, no analysis on Nvidia would be complete without a discussion on Xilinx, which is what I wrote about this week.

“Algorithms are not biased; data is biased” – MWC 2019

AI may seem like an auxiliary technology to how we live our daily lives today, however, it will soon be the primary driver across the tech industry. PricewaterhouseCoopers estimates the world economy will reach an additional 15.7 trillion in value by 2030 due to artificial intelligence. To put this into perspective, the top 5 technology companies today have a combined value of about $4 trillion, which includes Apple, Amazon, Microsoft, Google and Facebook. Over the next decade, AI will drive a market 5x the size of tech’s current global spend. Although this growth is exciting on many levels, the panelists at MWC 2019 voiced concerns about the handling of inherent biases that comes from data, as clearly discrimination by age, race, gender, education or other factors within audience segmentation is counterproductive to the advancement of society that AI promises.

Autonomous Vehicles: Fact vs. Fiction at CES 2019

Nvidia and Intel had a different tone at CES this year in regards to autonomous vehicles. Nvidia’s launch of DRIVE AutoPilot is a smart strategy to boost sales in the short term while the AV future of Level 3 or Level 4 sorts itself out. The Mercedes CLA class is another great example of a strong Level 2 automation strategy. Intel is clearly betting on China, especially Baidu, although China is not …

CES 2019 – AI Assistants Are Multiplying, Are We Privacy-Ready?

To experience CES this year was to experience the sensation of exiting a large football stadium. You essentially walk in a continuous herd of over 180,000 people. There were many noteworthy displays and freebies, as long as you don’t mind standing in line for two hours or having hundreds of people blocking your view. (The only line I stood in was for Starbucks). I’m also not one for flying taxis or the never-ending release of new television screens. At this point, if you buy an 8K television, it will take years for content producers to catch up to 8K content…

Holding Nvidia Stock Will Pay Off Due to Two Impenetrable Moats

Tech stocks are getting slammed right now, and Nvidia may be one of Wall Street’s biggest losers in the sell-off that began last month and continued into this week. Nvidia’s stock has seen a 30-day high of $292 and a whiplash low of $176 – equaling a 40% plunge in the matter of four weeks. Today, it stands at $197.60. Economic indicators and earnings from tech companies have not exactly warranted this reaction from the market. Fears the semi-conductor industry is slowing down based off Advanced Micro Devices earnings report were negated when Intel reported strong Q3 earnings. And while…

Drones Over Hollywood: An Aerial View of Video Security

This post originally appeared in Exchange Wire. As NAB comes to a close for another year, aerial robotics and drones are once again a popular topic of conversation. The uptake of drone usage in content production is soaring; but it seems that even drones are susceptible to malware and bot attacks. ExchangeWire speaks with Beth Kindig (pictured below), product evangelist, Intertrust, about how the popularity of drones needs to make way for effective security measures. What do the Matt Damon film ‘The Great Wall’, Mary J. Blige’s newest music video, and ‘Fast and Furious 6’, all have in common? Each contain…

Are Technologists Ready for the Data Commodity of Ambient Intelligence?

Savvy consumers today are aware that marketers and corporate companies mine personal data from mobile phones and computers, sourced primarily from search engines, social media sites, emails, text messages, and GPS location information. The internet, a free virtual public space idealized in the nineties, has become colonized through a swath of promised conveniences. In the beginning, the lure of free, convenient services for data was enticing.  The improvement in user experience when checking email in the cloud was great enough so as not to elicit questions as to how the emails were handled – such as when Google launched Gmail…