Latest in ServiceNow rides AI wave to another beat and raise quarter, but its stock dips
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Business - CNBC
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."6 days ago -
Business - MarketWatch
Intuitive Surgical’s stock rises after third-quarter results beat on jump in robotic surgeries
Shares of Intuitive Surgical Inc. jumped after hours on Thursday after the company reported third-quarter results that beat Wall Street’s expectations, helped by wider adoption of its ...6 days ago -
Business - MarketWatch
Nvidia’s stock sets one record but falls short of another
While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.6 days ago -
Tech - Wired
Google’s NotebookLM Now Lets You Customize Its AI Podcasts
The NotebookLM tool generates AI-hosted audio podcasts on any topic. Its latest update allows users to enter prompts to personalize the output. I tried it out.6 days ago - Google -
Business - MarketWatch
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.6 days ago -
World - ABC News
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target6 days ago -
Business - MarketWatch
Tech stocks are nearing their first record high since July as dip-buyers get their wish
Information technology stocks have shaken off their summertime blues, even reclaiming the top spot on the stock market’s 2024 leaderboard.6 days ago -
Business - MarketWatch
TSMC CEO says AI is not in a bubble and its growth is for real
the chief executive of contract manufacturer Taiwan Semiconductor Manufacturing Co. says the artificial intelligence revolution is for real.6 days ago -
Business - MarketWatch
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms6 days ago -
Business - Financial Times
Meta under fire for ‘polluting’ open-source
Open Source Initiative chief criticises tech group for using the term to describe its Llama models6 days ago - Meta -
Business - CNBC
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.October 16 -
Tech - VentureBeat
Live Aware Labs raises $4.8M for its AI-powered gamer feedback platform
Live Aware Labs has closed a successful seed funding round to build out its community feedback platform for game developers.October 16 -
Business - CNBC
Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.October 16 -
Business - MarketWatch
Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook
Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.October 16 -
Business - MarketWatch
‘The brand heat is undeniable.’ What analysts are saying about the latest beat-and-raise at Adidas
Analysts drew contrasts with Nike’s struggling performance after Adidas reported another beat-and-raise quarter.October 16 -
Business - CNBC
Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.October 16 - Google -
Tech - VentureBeat
Anthropic just made it harder for AI to go rogue with its updated safety policy
Anthropic updates its Responsible Scaling Policy, introducing new safety standards and AI capability thresholds to manage risks from powerful AI models like autonomous systems and bioweapons threats.October 15 -
World - The Guardian
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...October 15 -
Business - MarketWatch
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.October 15 -
Business - MarketWatch
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.October 15 -
Business - MarketWatch
UBS has just lowered earnings estimates — and raised its S&P 500 target
UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.October 15 -
Business - MarketWatch
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.October 15 -
Tech - VentureBeat
Strella raises $4 million to automate market research with AI-powered customer interviews
Strella, an AI-powered market research startup, raises $4 million in seed funding to automate and accelerate customer insights, delivering results 10x faster and at half the cost of traditional ...October 15 -
Tech - VentureBeat
Gladia raises $16M for AI transcription and analytics
Gladia, an AI transcription and audio intelligence provider, has raised $16 million in funding.October 15 -
Business - CNBC
Dutch government to reduce its stake in ABN Amro by a quarter
The Dutch government said Tuesday it will reduce its stake in ABN Amro to around 30% through a trading plan.October 15 - Netherlands -
Business - MarketWatch
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.October 15 -
Business - MarketWatch
Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.October 14 -
Business - CNBC
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.October 14 - United Kingdom -
Business - MarketWatch
Microsoft and these other stocks are the way to play AI now, says Goldman Sachs
So-called “platform” stocks, such as Microsoft and Snowflake are the most attractive part of the AI sector according to Goldman Sachs.October 14 - Microsoft