Andrew Kessel

1 week ago | investopedia.com | Andrew Kessel

Key Takeaways Meta ( META) and Oakley unveiled a new line of AI-powered glasses Friday that will be available for preorder starting next month. The Oakley Meta HSTN glasses include an Ultra HD camera, open-ear speakers, and the Meta AI app built in, allowing users to take hands-free photos and videos. It also comes equipped with a longer battery life than earlier models of Meta AI glasses.

1 week ago | investopedia.com | Andrew Kessel

Key Takeaways Meta Platforms ( META) is doubling down on its strategy of investing billions of dollars to poach top AI talent, with plans to add another AI startup CEO to its ranks. The Facebook parent plans to hire Daniel Gross, CEO of Safe Superintelligence, and former Github CEO Nat Friedman, according to reports citing The Information. The pair run an investment firm, NFDG, which Meta will acquire a stake in, the reports said.

1 week ago | investopedia.com | Andrew Kessel

Key Takeaways Texas Instruments ( TXN) said Wednesday it plans to invest over $60 billion in U.S. chip production, making it the latest chipmaker to announce funds earmarked for U.S. facilities as President Donald Trump urges firms to commit to American manufacturing. The investment, which Texas Instruments called "the largest investment in foundational semiconductor manufacturing in U.S. history," includes seven facilities at sites in Texas and Utah.

1 week ago | investopedia.com | Andrew Kessel

Key Takeaways International Business Machines ( IBM) shares are on track to close at an all-time high for the third straight session. Bank of America just lifted its price target for the stock even higher. The stock edged about 1% higher in recent trading at $285.83, on its way to topping Tuesday's record-high close at $283.05. It's added nearly a third of its value since the start of the year.

1 week ago | investopedia.com | Andrew Kessel

Key Takeaways Shares of Marvell Technology ( MRVL) popped Wednesday as analysts said the chipmaker's Custom AI event revealed an expanded growth opportunity. Bank of America raised its price target to $90 from $80 following the Tuesday event, which it said highlighted a "[s]tronger, more diverse pipeline" that could help Marvell stock "catch up to its AI peers." Marvell shares rose nearly 7% in recent trading to about $75.