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Search resuls for: "— CNBC's Ashley Capoot"


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One stock is a "promising AI investment" and set to be a "serious player" in a corner of the space, according to Brian Stutland of Equity Armor Investments. They are really starting to become very creative in the AI world," Stutland, a portfolio manager at the firm, told CNBC's "Street Signs Asia " last week. Palantir has been scaling its Artificial Intelligence Platform, or AIP, and Karp said the company carried out nearly 600 pilots with the technology last year. Shares of Palantir jumped nearly 10% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was selected by the U.S. Army . TITAN uses artificial intelligence to provide targeting information for missiles.
Persons: Brian Stutland, That's Palantir, CNBC's, Alex Karp, Palantir, Karp, Stutland, Morningstar, Dan Ives, Ives, — CNBC's Ashley Capoot, Keris Lahiff Organizations: Equity, Investments, AIP, Intelligence, U.S . Army, Fund, Wedbush, Securities, Global TAM Locations: U.S
Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Russian President Vladimir Putin on Tuesday praised Elon Musk, calling the Tesla and SpaceX founder a "talented businessman." Putin made the comments at the Eastern Economic Forum in Vladivostok as he spoke about Russia's space program. "Elon Musk ... is undoubtedly an outstanding person. The flop was seen as a major setback for Russia's space program just days before India successfully landed its first spacecraft on the moon.
Persons: Elon Musk, Vladimir Putin, Putin, Elon, Luna, Musk, — CNBC's Ashley Capoot Organizations: SpaceX, Tesla, Twitter, Eastern Economic Locations: Vladivostok, U.S ., Russia, India, Ukrainian, Sevastopol, Crimea, Ukraine, Western
The second quarter of 2023 marked the fifth period in a row when Tesla reported a higher level of vehicles produced compared to deliveries. During the second quarter of last year, Tesla reported 254,695 deliveries, and in the first quarter of 2023, Tesla reported 422,875 deliveries. During the second quarter of 2022, Tesla produced 258,580 vehicles and last quarter it produced 440,808 vehicles. About 96% of the deliveries Tesla reported in the second quarter of 2023 were of its Model Y crossover, and Model 3 entry-level sedan in this quarter. The company said, in a statement, it will post financial results for the second quarter after the market close on Wednesday, July 19, 2023.
Persons: Tesla, TroyTeslike, Elon, Piper Sandler, Alexander E, Potter, Price, Musk, Narendra Modi, — CNBC's Ashley Capoot Organizations: Tesla, Elon, FactSet, Semi, India, Twitter, SpaceX Locations: Austin , Texas, U.S, China, Fremont , California, Shanghai, Brandenburg, Germany, Berlin, Sparks , Nevada, Monterrey, Mexico, New York, India, North America
The bulk of Snowflake sales come from product revenue, which expanded 50% year over year. Product revenue accounts for use of Snowflake's software for storing and running queries on data stored in its system. Snowflake said it anticipates product revenue will be between $620 million and $625 million in the fiscal second quarter. For the 2024 fiscal year, Snowflake called for product revenue of $2.6 billion. Snowflake also announced it plans to acquire Neeva, the privacy-focused search company co-founded by former Google executive Sridhar Ramaswamy.
Persons: Snowflake, Sridhar Ramaswamy, Benoit Dageville, Snowflake's, Dageville, CNBC's Ashley Capoot Organizations: New York Stock Exchange, Refinitiv Revenue Locations: Tues, Snowflake
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