Latest in Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
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G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.Business - The Wall Street Journal - 4 days ago -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
UK visa process for AI experts should be streamlined, says government adviser
Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centresBusiness - Financial Times - October 30 -
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robustTech - ABC News - 3 days ago -
Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - October 30 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - November 5 -
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.Business - CNBC - November 8 -
Inside the Billion-Dollar Startup Bringing AI Into the Physical World
Physical Intelligence has assembled an all-star team and raised $400 million on the promise of a stunning breakthrough in how robots learn.Tech - Wired - November 14 -
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AITech - ABC News - Yesterday -
Amazon Just Invested Another $4 Billion in AI Startup Anthropic
The shopping and computing giant is literally doubling down on enterprise AI.Business - Inc. - Yesterday -
Trump snaps at reporter when asked about abortion: 'Stop talking about that'
Donald Trump is refusing to say how he voted on Florida’s abortion measure and he's getting testy about itHealth - ABC News - November 5 -
Anger in Taiwan over reports SpaceX asked suppliers to move abroad
Taipei says it is paying close attention to reported request by Elon Musk’s firm . Taiwan’s government says it is paying close attention to reports that Elon Musk’s SpaceX asked Taiwanese suppliers ...World - The Guardian - November 7 -
Report says 76% of kids are asking for video games this holiday | ESA
The Entertainment Software Association (ESA) found that 76% of U.S. kids are asking for video games as gifts for the holiday season.Tech - VentureBeat - November 12 -
As bitcoin nears $100,000, investors ask whether the rally can last much longer
Bitcoin’s price has surged since Donald Trump won the elections on Nov. 5. Now, investors are asking how much longer the rally can continue.Business - MarketWatch - Yesterday -
Pearson Underlying Sales Rise, Plans Further Growth Through AI
Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...Business - The Wall Street Journal - October 29 -
Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows
The advanced chip maker announces quarterly results this week, as reports suggest its newest chips may overheat in powerful AI servers.Business - Inc. - 5 days ago -
Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.Business - CNBC - October 29 -
Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
GitHub is giving software developers more choices for its popular coding assistant, meaning they won't be limited to models from OpenAI.Business - CNBC - October 29 -
Microsoft just made it way easier for developers to build AI apps — and it could be bad news for AWS
Microsoft expands its AI developer tools with GitHub Copilot for Azure, simplifying cloud integration and transforming how developers build and deploy AI applications in an increasingly competitive ...Tech - VentureBeat - October 29 -
AWS launches in-line Q Developer AI coding assistant to take on Microsoft’s Github Copilot
Amazon Q Developer’s inline chat feature demonstrates its potential through practical applications like code refactoring and documentation.Tech - VentureBeat - October 29 -
Microsoft’s new Magentic-One system directs multiple AI agents to complete user tasks
Magnetic-One, Microsoft's AI agent orchestration framework, deploys multiple agents to solve daily tasks autonomously.Tech - VentureBeat - November 5 -
Vatican, Microsoft create AI St. Peter's Basilica to allow virtual visits, log damage
A digital twin of St. Peter’s Basilica has been created using artificial intelligence to explore one of the world’s most important monument’sWorld - ABC News - November 11 -
Microsoft-backed startup debuts task optimized enterprise AI models that run on CPUs
Fastino emerges from stealth with $7 million in pre-seed funding to advance task optimized enterprise AI models that don’t require a GPU to run.Tech - VentureBeat - November 12
