Salesforce gains as software firm bets on AI tools to power growth
(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s…
Category: Business
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…
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…
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…
Apple to update EU browser options, make more apps deletable
By Supantha Mukherjee STOCKHOLM (Reuters) -Apple will change how users choose browser options in the European Union, add a dedicated…
BlackRock trims support for some ESG resolutions in AGM season
By Simon Jessop LONDON (Reuters) – BlackRock, the world’s biggest asset manager, cut its support for shareholder proposals linked to…
Ford changes EV plans, will delay pickup truck, axe three-row SUV
By Nora Eckert DETROIT (Reuters) -Ford Motor is reshuffling its electric vehicle plans, killing its three-row SUV and delaying its…