Amazon.com Inc (NASDAQ:AMZN)'s two-day sale event for Prime members brought in a record $14.2 billion, up 11% year-over-year, according to an analysis by Adobe Analytics. Popular items included back-to-school supplies and electronics, such as tablets, TVs and Bluetooth speakers, Adobe said.
Read MoreApple Inc. AAPL is poised to surpass earnings expectations in the third quarter, driven by strong performance across its iPad, Mac and Services segments. Goldman Sachs analyst Michael Ng predicted an EPS of $1.36 on $85.1 billion in revenue, as Apple reports on Aug. 1.
Read MoreAlphabet's Google will infuse artificial intelligence into the U.S. broadcast of the Paris Olympics, allowing sports commentators to use AI to explain competitions, the tech company said on Thursday alongside NBCUniversal and the U.S. Olympic and Paralympic Committee.
Read MoreOne way to tell that AI stocks have lost some of their attraction is the fact that Nvidia (NASDAQ: NVDA ) has lost nearly 4% of its value over the past month. Over the same period, the Global X Artificial Intelligence & Technology ETF (NASDAQ: AIQ ) has gained nearly 3%.
Read More