Jefferies Estimates Meta’s Llama AI Business Could Be Worth $10-$20 Billion, Suggests Open-Source Growth Path Similar to Red Hat

Jefferies estimates that Meta’s Llama AI models could be valued between $10-20 billion, which could contribute over a 1% increase to Meta’s market capitalization. This […]

Amazon Beats Q1’24 Earnings Estimates with Strong Revenue Growth and Segment Performance

Amazon’s Q1’24 earnings: Amazon reported earnings per share (EPS) of $0.98 for Q1’24, surpassing estimates of $0.83. Net sales for the quarter reached $143.31 billion, […]