Nvidia Stuns Markets and Signals How Artificial Intelligence Could Reshape Technology Sector
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Amazon sales soar with boost from artificial intelligence and advertising
Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations. Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a ...The Guardian - World -
Newspapers accuse artificial intelligence companies of stealing content
A newly-filed lawsuit targets two of the biggest generative AI platforms in the world, Open AI, the creators of ChatGPT and Microsoft's Copilot AI program.CBS News - Top stories -
Nvidia is chip sector’s only hope after AMD and Super Micro disappoint
Investors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Computer.MarketWatch - Business -
Amazon Sales Surge as Company Trains Focus on Artificial Intelligence
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s post-pandemic slump.The Wall Street Journal - World -
Amazon Sales Surge as Company Focuses on AI
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.The Wall Street Journal - Business - Amazon -
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.The Wall Street Journal - World -
How Markets Are Reacting---in Five Charts
Take a look at how various assets are performing after the release of the Federal Reserve’s May policy decision: U.S. stocks, the 10-year Treasury yield, Brent crude, gold and the U.S. dollar.The Wall Street Journal - World -
ADP says 192,000 private-sector jobs created in April. Labor market not cooling off much.
U.S. businesses created 192,000 new jobs in April, paycheck company ADP said, and more industries hired people last month in a sign of ongoing labor-market strength.MarketWatch - Business -
How Business Leaders Could Address Antisemitism on Campus
Business executives who are concerned about antisemitism on college campuses have other options for influencing the schools’ actions, Andrew Ross Sorkin writes.The New York Times - Business -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Instagram Tweaked Some Algorithms to Favor Less Well-Known Accounts: It Could Impact Your Marketing Plans
This could be a big boost for companies that rely on social media to reach customers--it may be time to adjust your marketing plans.Inc. - Business -
How a negotiation over cable fees could weigh on Paramount's sale
Charter pays Paramount to carry its channels, including CBS and Nickelodeon. The outcome of the negotiations could weigh on Paramount's valuation in the event of a sale.Los Angeles Times - Entertainment -
New research shows how a surge of anger could raise heart attack risk
Is anger linked to heart attacks? New research finds that a bout of anger impairs blood vessel function which can raise the risk of atherosclerosis, which in turn raises heart disease risk.NBC News - Top stories -
Nvidia launches tech update for ChatRTX AI chat
A new update for Nvidia ChatRTX is available for download today.VentureBeat - Tech - Artificial Intelligence -
Fed chair Powell signals that rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Nvidia-backed GPU cloud provider CoreWeave surges to $19 billion valuation
CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.CNBC - Business -
Brazil posts strong job figures, signals stronger activity; inflation a concern
Yahoo News - World - Brazil -
Japan Tobacco reshapes supply chains to protect Russia business
Cigarette maker’s chief says its four factories and 4,000 workers in the country are operating as usualFinancial Times - World - Japan -
Japan Tobacco reshapes supply chains to protect Russia business
Cigarette maker’s chief says its four factories and 4,000 workers in the country are operating as usualFinancial Times - Business - Japan -
South Korea considers joining alliance for sharing military technology
South Korean Defense Minister Shin Won-sik says his government is considering sharing advanced military technology with the United States, United Kingdom and Australia through the so-called AUKUS partnershipABC News - World - South Korea -
Powell Likely to Signal Rate Cut Unlikely Until Inflation Drops
The Fed weighs three straight reports of persistent inflation with calls to lower interest rates at its latest meeting.Inc. - Business -
Searches on Americans in FBI foreign intelligence database fell in 2023
The FBI's searches, some of which were deemed to be improper in the past, were a flashpoint in a months-long fight in Congress over the reauthorization of Section 702 of FISA.CBS News - Top stories -
Searches on Americans in FBI foreign intelligence database fell in 2023
The FBI's searches, some of which were deemed to be improper in the past, were a flashpoint in a months-long fight in Congress over the reauthorization of Section 702 of FISA.CBS News - Politics -
Basic Materials Roundup: Market Talk
Glencore, BHP and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Read about GSK and Haleon in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Nvidia Employees Call Founder Jensen Huang 'Demanding' and a 'Perfectionist.' Here's Why That Doesn't Bother Him
Huang agrees with employees who say he isn't easy to work for, but cites his leadership style as a feature, not a bug, of Nvidia's success.Inc. - Business -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business -
Google and Apple now threatened by the US antitrust laws that helped build their technology empires
The U.S. Justice Department has launched a double-barreled antitrust attack on Google’s dominant search and Apple’s trendsetting iPhoneABC News - Tech - Google -
Kentucky adds PG Kerr Kriisa and sharpshooter Koby Brea as new coach Mark Pope reshapes roster
The Wildcats have added six players via the transfer portal since Mark Pope was hired.Yahoo Sports - Sports -
AP WAS THERE: Mexico's 1938 seizure of the oil sector from US companies
Mexico took control of its most precious natural resource by seizing the oil sector from U.S. companies in a move that’s taught to schoolchildren and celebrated as a great patriotic victoryABC News - World -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
Jabeur stunned by Keys in Madrid quarter-finals
Madison Keys sets up a semi-final with top seed Iga Swiatek by producing a brilliant comeback against Ons Jabeur at the Madrid Open.BBC News - Top stories -
Tech, Media & Telecom Roundup: Market Talk
Gain insight on DuPont, Pinterest, IBM and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World