by iwd | Aug 29, 2024 | Business
(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s upbeat quarterly results and its artificial intelligence push to drive growth.The company has been heavily investing...
by iwd | Aug 29, 2024 | Business
By Katie PaulNEW YORK – Meta’s Llama artificial intelligence models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and computer code generation, the social media giant said in...
by iwd | Aug 29, 2024 | Business
By Manya Saini(Reuters) – Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results and said it expects to be profitable by the fourth quarter of next fiscal year, sooner than Wall Street had forecast. Cash...
by iwd | Aug 27, 2024 | Business
By Jonathan Stempel(Reuters) – TuSimple reached a $189 million settlement of a lawsuit accusing the self-driving truck technology company of defrauding shareholders by overstating its safety record and concealing three insiders’ control of a Chinese...
by iwd | Aug 27, 2024 | Business
(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures, sending its shares up 11% in extended trading.The upmarket...
by iwd | Aug 27, 2024 | General
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Tuesday an agreement has been reached to have closed microphones at the Sept. 10 U.S. presidential debate with Democratic rival Kamala Harris.The Harris campaign did not immediately...
by iwd | Aug 27, 2024 | General
By Saqib Iqbal AhmedNEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings report to spark a more than $300 billion swing in the shares of the world’s most dominant artificial intelligence...
by iwd | Aug 26, 2024 | Business
NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts with “unreasonably” low interest rates.The proposed class action against the largest U.S. bank was filed on Friday night in...
by iwd | Aug 26, 2024 | Business
-Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to supply its U.S. data centers, it said in a statement on Monday, as it races to build out the infrastructure to support its massive investments in energy-hungry...
by iwd | Aug 26, 2024 | Uncategorized
By Ann Saphir(Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us” to cut interest rates, likely starting with a quarter-percentage point reduction in borrowing costs. Asked if there is anything that...
