US Equity Futures Rise on Strong Earnings from Microsoft and Alphabet New York, NY — In a positive start to the trading day, US equity futures displayed an upward trajectory as technology giants Microsoft Corp. and Alphabet Inc. released impressive earnings reports, affirming the continued success of the artificial intelligence industry. Market Confidence Boosted by … Read more
Breaking News: Big Tech Stocks Surge on Strong Earnings Breaking News: Big Tech Stocks Surge on Strong Earnings Overview Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock Futures Rise as Alphabet and Microsoft Impress S&P 500 futures rose on Friday as technology giants Alphabet and Microsoft … Read more
Latest News Fed’s preferred inflation gauge for March will be out Friday The personal consumption expenditures price index will be due on Friday morning, giving the Federal Reserve a detailed glimpse into the latest inflation metrics. For March, economists polled by Dow Jones anticipate headline PCE grew 0.3% from the prior month and by 2.6% … Read more
The Increasing Role of Generative AI in Tech Giants’ Strategies Sundar Pichai Highlights Use of Generative AI at Stanford Forum During Stanford’s 2024 Business, Government, and Society forum, Sundar Pichai, the chief executive officer of Alphabet Inc., emphasized the significance of generative artificial intelligence (AI) in the tech industry. Pichai’s remarks came as numerous tech … Read more
Europe stocks open higher An Hour Ago European stocks opened higher Monday, with the benchmark Stoxx 600 index up 0.5% by 8:05 a.m. London time. The U.K.’s FTSE 100 climbed 1.1%, while France’s CAC 40 was 0.5% higher and Germany’s DAX was up 0.7%. Safe haven assets retreat as fears of wider Middle East conflict … Read more
TikTok to Remove Key Executive Amid National Security Concerns TikTok’s Counsel Efforts to Address Security Risks in Jeopardy TikTok, the popular social media platform, is reportedly set to remove a top executive responsible for convincing United States authorities that strong measures were taken to allay concerns about the app’s ties to China. People familiar with … Read more
Microsoft Invests $1.5 Billion in UAE’s Leading AI Firm, G42, After Breakup with China In a groundbreaking move, Microsoft Corp. has announced a staggering $1.5 billion investment in G42, the United Arab Emirates’ (UAE) top artificial intelligence (AI) firm. This strategic partnership comes shortly after G42, headquartered in Abu Dhabi, inked a remarkable deal with … Read more
Palworld: The Indie Game Making Waves in the Gaming Community Palworld: The Indie Game Making Waves in the Gaming Community Introduction In a world captivated by the rapidly evolving gaming industry, one game has emerged as the conversation starter of the year. Created with the intention of truly engaging players in the modern social age, … Read more
Concerns Raised About Microsoft’s Copilot AI Tool: A Closer Look at the Risks and Issues Concerns Raised About Microsoft’s Copilot AI Tool: A Closer Look at the Risks and Issues Jakub Porzycki | Nurphoto | Getty Images Microsoft Employee Red-Teams Copilot AI Tool, Uncovers Disturbing Images Since the month prior, a Microsoft employee had been … Read more
Eight Australian Firms to Invest Over $3 Billion in Malaysia, Minister Says Investments from Australian companies to boost Malaysia’s economy Eight Australian companies have expressed their commitment to invest approximately AUD 5.2 billion ($3.4 billion) in Malaysia, according to Tengku Zafrul Aziz, the country’s Minister for Investment, Trade, and Industry. These investments will focus on … Read more