Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
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MarketWatch - Business
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.1 hour ago -
Financial Times - Business
Intel’s long-shot turnaround hits a critical stage
Chipmaker is trying to pull off one of the most complex revivals in tech history1 hour ago -
The Guardian - World
Help! It turns out breaks make you more productive
After a week guided by Mithu Storoni’s book Hyperefficient, I learned to work with the rhythm of my brain. When I started reading Mithu Storoni’s Hyperefficient: Optimize Your Brain to Transform ...2 hours ago -
CBS News - Top stories
Stocks surge a day after Federal Reserve's first rate cut since 2020
Investors buoyed by Fed's outsized rate cut and data showing the U.S. economy remains on solid ground.3 hours ago -
MarketWatch - Business
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.4 hours ago -
Financial Times - Business
AI risks making some people ‘uninsurable’, warns UK watchdog
FCA’s Nikhil Rathi says insurance sector should still ‘experiment’ with the technology4 hours ago - United Kingdom -
ABC News - Tech
A volunteer network of interpreters wants to make refugees' languages more accessible. Will AI help?
Refugees navigating resettlement often face a shared hurdle: poor machine translations and a short supply of interpreters knowledgeable in their less-serviced languages4 hours ago -
CNBC - Business
Amazon introduces Amelia, an AI assistant for third-party sellers
Amelia is the latest generative AI product from Amazon, which is using the technology across its retail portfolio.5 hours ago - Amazon -
MarketWatch - Business
Intel’s stock ranks dead last in the chip sector by this measure
These 10 semiconductor companies are least favored by analysts.7 hours ago -
BBC News - Top stories
Firm making drones for Ukraine plans more jobs
The company hopes to generate 200 jobs in the UK over the next three years across its two sites.13 hours ago - Ukraine -
GameSpot - Tech
The Mario Red Nintendo Switch OLED Is Back In Stock With A Big Discount At Amazon
The red Mario Red Nintendo Switch OLED is back in stock at Amazon at a pretty big discount. Customers in the US can grab the console for just $299 (was $350). Not only is this the first major ...20 hours ago -
MarketWatch - Business
HELOC demand from homeowners surges ahead of Fed interest-rate cut
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.Yesterday - Federal Reserve -
The Hill - Politics
Watch live: Senate Intel panel to grill tech execs on election interference
Executives from Microsoft, Google's parent company Alphabet and Meta — which owns Facebook and Instagram — are providing testimony to the Senate Intelligence Committee Wednesday about attempts by ...Yesterday -
MarketWatch - Business
Starbucks should make this dramatic move to help its stock, BofA says
Starbucks Corp. should consider licensing its China business, according to Bank of America Securities, which cited the potential of such a move to boost value for the coffee chain.Yesterday -
MarketWatch - Business
23andMe’s independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.Yesterday -
VentureBeat - Tech
SiFive unveils RISC-V chip design for high-performance AI workloads
SiFive, a designer of chips based on the RISC-V computing platform, announced a series of new AI chips for high-performance AI workloads.Yesterday -
The Wall Street Journal - Tech
Amazon's Return-to-Office Plans Spark Concern and Debate Among Employees
Corporate staffers grumbled after the e-commerce giant told workers to be in the office full time starting next year.Yesterday -
VentureBeat - Tech
Workforce provider Magnit launches AI assistant Maggi to make finding talent easier, faster
The underlying intelligence powering Maggi is OpenAI's GPT-4, according to Magnit’s Chief Product & Marketing Officer, Vidhya Srinivasan.Yesterday -
Financial Times - Business
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data gridsYesterday - Microsoft -
MarketWatch - Business
A Fed interest-rate cut could make small-cap stocks a good investment now
U.S. small-cap stocks have staged an epic rally over the past month as the Federal Reserve is set to cut interest rates for the first time since 2020. Has the time for small caps finally come?Yesterday - Federal Reserve -
The New York Times - Top stories
The Fires That Could Reshape the Amazon
Vast, diverse parts of Brazil are burning at the same time, forcing officials to rethink how to protect crucial ecosystems like the Amazon.Yesterday -
MarketWatch - Business
Super Micro is still the AI server leader — but buy this stock instead, analyst says
Everybody knows that Super Micro Computer Inc. is top dog in the artificial-intelligence server market with a “dominant share,” according to Mizuho Securities — but that doesn’t mean investors ...2 days ago -
Inc. - Business
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with ...2 days ago -
MarketWatch - Business
Nvidia’s stock has room to run, but analysts see more upside for six other chip makers
Analysts predict Micron’s stock could nearly double from here, while Marvell and AMD are other favored plays.2 days ago -
The Hill - Politics
Harris enthusiasm driving a surge in young Latino registration: Voto Latino
Voter registration among young Hispanics jumped over the past two months, a change that the president and CEO of Voto Latino says is mostly driven by voter enthusiasm for Vice President Harris. ...2 days ago -
MarketWatch - Business
Don’t let Intel’s stock pop fool you: ‘Things are likely to remain a struggle,’ analyst says
Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim technological leadership2 days ago -
Financial Times - World
Tesco plans to expand use of AI to personalise how people shop
UK’s biggest supermarket says technology may nudge people to buy healthier products and reduce waste2 days ago -
ABC News - Tech
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to ...2 days ago -
Financial Times - Business
Microsoft wants more ‘clarity’ over AI chip curbs to Middle East
Tech giant creates new AI institutes with UAE’s G42 as it awaits decision to lift US controls on chip shipments2 days ago - Microsoft -
CNBC - Business
Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes
Amazon is delivering more Prime items the same or next day with generative AI improvements in robots, routes and predictive inventory.2 days ago -
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Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
Financial Times - World
US and Japan near deal to curb chip technology exports to China
Potential agreement comes despite fears Beijing will choke critical minerals supplies in response2 days ago - China -
CBS News - Top stories
Violent threats surge in Springfield, Ohio, after Trump, Vance false claims
The town of Springfield, Ohio, has been on edge ever since former President Donald Trump's baseless debate comments that Haitian immigrants there are eating pets. CBS News congressional ...2 days ago - Donald Trump