Meta says its Llama AI models being used by banks, tech companies
By Katie Paul NEW YORK – Meta’s Llama artificial intelligence models are being used by companies including Goldman Sachs and…
Month: August 2024
Affirm soars as BNPL lender aims to turn profit ahead of Street targets
By Manya Saini (Reuters) – Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results…
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
By Jonathan Stempel (Reuters) – TuSimple reached a $189 million settlement of a lawsuit accusing the self-driving truck technology company…
Nordstrom Q2 revenue rises on boost from sales event, shares surge
(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as…
Trump, Harris agree to mute mics for Sept. 10 US presidential debate, Trump says
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Tuesday an agreement has been reached to have closed microphones…
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…
JPMorgan Chase is sued over low rates on cash sweeps
NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts…
Meta Platforms strikes geothermal energy deal with Sage Geosystems to power US data centers
-Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to…
Fed most likely to cut rates by quarter percentage point next month, Daly says
By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us”…
Kroger-Albertsons merger hurts shoppers, FTC says at trial
By Jody Godoy, Deborah Bloom PORTLAND, Oregon (Reuters) -The U.S. Federal Trade Commission kicked off a trial on Monday in…