Stocks Making the Biggest Moves Premarket Meta Align Technology Fedex Honeywell and More
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Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.
Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.The Wall Street Journal - World -
The U.S. Treasury is about to take a step designed to make the bond market more resilient
A long-awaited program intended to make the Treasury market more liquid and resilient is expected to get off the ground in a matter of days.MarketWatch - Business -
Tesla Stock Drops Premarket Following Car Price Cuts
The electric-vehicle maker’s stock fell more than 3.5% in premarket trading. The decline reflects an array of problems, including cooling sales and growing competition from Chinese car makers.The Wall Street Journal - World - Tesla -
Pulte cites housing shortage boost, shares rise
Home builder beats estimates and grows its backlog to $8 billionMarketWatch - Business -
Technology stocks show signs of ‘breaking down’ ahead of Big Tech earnings
Technology stocks are broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group.MarketWatch - Business -
JetBlue’s stock slides 16%, on pace for biggest decline in 4 years, after first-quarter loss widens
The airline’s first-quarter loss widened significantly from a year ago.MarketWatch - Business -
Philip Morris’s stock pulls back premarket as profit beats expectations but outlook misses
Philip Morris’ stock pulled back premarket Tuesday, after the seller of cigarettes and heated tobacco units beat first-quarter profit expectations but provided a downbeat second-quarter outlook.MarketWatch - Business -
Virgin Galactic skyrockets 22%, registers biggest gain in 10 months
Shares of Virgin Galactic have rallied after trading down on 13 of the past 17 days.MarketWatch - Business -
Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps
Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.The New York Times - Business -
Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps
Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.The New York Times - Tech -
Meta Is Already Training a More Powerful Successor to Llama 3
The open source Llama 3 AI model released by Meta today is just the start, according to the company’s chief AI scientist, Yann LeCun. He said a new, much larger version is in the works.Wired - Tech -
Meta's AI Push Needs to Efficiently Deliver a Lot More Ad Growth
The Facebook parent’s valuation has surged, creating new pressure to keep growth up and costs down.The Wall Street Journal - World -
2024 NFL Draft: Buying or selling biggest rumors, including J.J. McCarthy's stock
What rumors have merit and which are nonsense?CBS Sports - Sports - NFL -
What Apple investors should make of stock’s ‘tricky setup’ ahead of earnings
Investors don’t necessarily need to “step in front of” earnings, but BofA says they could buy any pullback ahead of the “biggest WWDC ever.”MarketWatch - Business - Apple -
These investments will boost your net worth more than any growth stock
Why value stocks with low P/E ratios deliver long-term.MarketWatch - Business -
3 smart home equity moves to make before the Fed's April Meeting
Considering accessing your home equity now? Here's what you should do before the Federal Reserve meets again.CBS News - Top stories -
Liverpool make move for Arne Slot to replace Jurgen Klopp
Liverpool have identified Feyenoord coach Arne Slot as the man to replace Jurgen Klopp.Yahoo Sports - Sports -
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehiclesABC News - Tech - Tesla -
Caitlin Clark’s pro salary exposes an undeniable economic reality separating the WNBA and NBA
Despite record ratings, women's basketball still struggles financially, leaving players far behind their male counterparts in compensation. Why is this happening?NBC News - Top stories - WNBA -
Disney Technology Chief Departs
Aaron LaBerge will become chief technology officer of Penn Entertainment.The Wall Street Journal - World -
Disney Technology Chief Departs
Aaron LaBerge will become chief technology officer of Penn Entertainment.The Wall Street Journal - Business -
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Bankrupt just a decade ago, it's now America's most unlikely boomtownThe Wall Street Journal - World -
Honeywell exec reveals plan to deliver $100 million in value with generative AI: “Just getting started”
The remarks by Sheila Jordan, chief digital technology officer, that the company is already making "tens of millions" in dollars in net value with generative AI are significant because outside of the big GenAI technology providers like OpenAI and ...VentureBeat - Tech -
Israeli strikes on southern Gaza city of Rafah kill 18
Israel has carried out near-daily air raids on Rafah, where more than half of Gaza’s population of 2.3 million has sought refuge.Politico - Politics - Israel -
McCarthy-aligned group running ads against Republicans who triggered his speaker ouster
Politico - Politics - Republican Party -
Top Disney executive for technology, streaming leaving company
Aaron LaBerge, Disney's top technology officer who has spearheaded much of the company's recent efforts on streaming, is leaving the company. LaBerge will vacate his post at Disney in June "for personal reasons," CNBC reported Monday, citing an ...The Hill - Politics -
Tesla slides 3%, Li Auto sinks 8% as EV makers slash prices amid fierce competition
Tesla shares sank 3%, while China's Li Auto hit an 11-month low after both companies slashed prices of their electric vehicles in China.CNBC - Business - Tesla -
Meta challenges transformer architecture with Megalodon LLM
Megalodon also uses “chunk-wise attention,” which divides the input sequence into fixed-size blocks to reduce the complexity of the model from quadratic to linear.VentureBeat - Tech - Meta -
Xbox-Branded Meta Quest VR Headset Is On The Way
While Sony has released two PlayStation VR headsets, Microsoft has stayed out of the wearable tech market when it comes to gaming (though it has the business-focused HoloLens 2). But now, the Xbox brand will appear on an upcoming Meta Quest VR ...GameSpot - Tech - Meta -
Nvidia's Biggest Manufacturer Doubles Down on AI
TSMC, the world’s biggest contract chip maker, is reshaping its business to respond to booming AI-related demand, but capacity is “still not enough.”The Wall Street Journal - Tech -
Here's the biggest news you missed this weekend
House passed a long-awaited aid package, but it comes with risks for Speaker Johnson and President Biden. Plus, China's youth are waking up and smelling coffee.NBC News - Top stories -
The Biggest Deepfake Porn Website Is Now Blocked in the UK
The world's most-visited deepfake website and another large competing site are stopping people in the UK from accessing them, days after the UK government announced a crackdown.Wired - Tech -
Hong Kong’s biggest IPO of 2024 flops
Shares of Chinese bubble tea chain ChaPanda drop as much as 38% on first day of tradingFinancial Times - Business - Hong Kong -
The fate of Korea's 'first and biggest' sex festival
It was to feature events like a bondage fashion show. But then the authorities cracked down.BBC News - Top stories -
Tiny piece of technology roiling U.S. tensions with China, Russia
Advanced microchips are critical for AI, future weapon systems and some smartphones, and they're at the center of a global chip war. Commerce Secretary Gina Raimondo explains where the U.S. stands.CBS News - Top stories - China -
Germany arrests three people suspected of giving technology to China
Yahoo News - World - China -
How AI and innovative technology are helping countries to protect ocean life
More than 100 nations have agreed to protect 30% of the world’s oceans by 2030. One way of doing this is to create what are known as Marine Protected Areas, where human activity is restricted or banned. Ben Tracy reports on how a mix of AI and ...CBS News - Top stories -
How countries are using innovative technology to preserve ocean life
More than 100 nations, including the United States, have agreed to protect 30% of the world's oceans by 2030.CBS News - Top stories -
How AI and innovative technology are helping countries to protect ocean life
More than 100 nations have agreed to protect 30% of the world's oceans by 2030. One way of doing this is to create what are known as Marine Protected Areas, where human activity is restricted or banned. Ben Tracy reports on how a mix of AI and ...CBS News - World -
Disney technology executive Aaron LaBerge to leave company for personal reasons
Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.CNBC - Business