All Stock News

Amazon workers are under pressure to up their AI usage—so they're making up extraneous tasks

According to Amazon employees, the company is pushing them to incorporate more and more AI in their workflows. What exactly they should be using it for is less clear, leaving the door open for employe...

Stocks: AMZN
2 minutes ago - Fast Company

US cancer clinics scramble to get experimental Revolution Medicines pancreatic cancer drug

U.S. cancer centers are scrambling to enroll patients in an early access program for a highly promising pancreatic cancer drug from ​Revolution Medicines while they await what they hope will be a spee...

Stocks: RVMD
9 minutes ago - Reuters

Meta and Google fund US kids' groups, as critics warn of social media risk

Meta and Google enlisted trusted children's brands such as Sesame Street, Girl Scouts and Highlights magazine to teach kids to use technology in moderation - even as the companies designed apps that m...

11 minutes ago - Reuters

Americans still feel bad about the economy. When will it get better?

The University of Michigan's consumer sentiment index has recently hit all-time lows. It's one of several consumer opinion surveys showing a structural breakdown in how Americans view the economy.

Stocks: GOOGL
13 minutes ago - CNBC

CTT Pharma Signs LOI with European Company

May 14, 2026 – TheNewswire - CTT Pharmaceutical Holdings, Inc. (OTCQB:CTTH) has signed an LOI with a company in Europe for a potential strategic partnership. A partnership with this group would allow ...

13 minutes ago - TheNewswire

SK Hynix nears $1 trillion valuation: missed it? This ETF offers exposure

South Korean semiconductor giant SK Hynix is rapidly approaching a $1 trillion market valuation, underscoring how the global artificial intelligence boom is reshaping financial markets and placing Sou...

23 minutes ago - Invezz

Rolls-Royce share price is stuck in a correction: will it fall further or rebound?

The Rolls-Royce share price remains on edge this year as investors continue their focus on the ongoing US-Iran war that is having a major negative impact on the civil aviation industry. RR dropped to ...

34 minutes ago - Invezz

Oil Prices Rise as Ship Seized. Trump's Next Hormuz Move May Depend on China Summit.

Brent crude and WTI prices were rising early Thursday after a report of a ship seizure near the U.A.E. but developments in China are in focus.

34 minutes ago - Barrons

Cisco jumps on strong revenue forecast, AI push with job cuts

Cisco Systems shares jumped 19% in premarket trading on Thursday, a day after it outlined nearly 4,000 job cuts and raised revenue ​forecast on strong hyperscaler demand, boosting investor confidence ...

Stocks: CSCO
35 minutes ago - Reuters

Polestar CEO tells CNBC ‘pump anxiety' has made EVs ‘all about money'

Soaring fuel prices have led to increased demand for electric vehicles, according to EV maker Polestar. "In the past, people considered EVs for idealistic reasons, and now the decision is all about mo...

Stocks: PSNY
1 hour ago - CNBC

Cisco Stock Was Once an Internet Darling, Earnings Show It's Now an AI Winner

The company's AI orders are surging, and there's more to come.

Stocks: CSCO
1 hour ago - Barrons

Nvidia moves one step closer to a breakthrough on Chinese exports after reaching another milestone

Nvidia's chief executive Jensen Huang has been lobbying for a long time for the ability to export advanced semiconductor chips to China in the face of opposition from both Washington and Beijing. It a...

Stocks: NVDA
1 hour ago - Market Watch

Nvidia's Jensen Huang on China trip: ‘President Trump asked me to come'

Nvidia's Jensen Huang told reporters on Thursday that U.S. President Donald Trump "asked" him to come on the China trip. Initial indications suggested Huang would not be part of the trip, but it was a...

Stocks: NVDA
1 hour ago - CNBC

3i Group Shares Plunge After Slowdown at Retailer Action

The private-equity company reported weaker profitability at Action, which accounts for the bulk of the group's portfolio value.

1 hour ago - WSJ

Honda Just Had Its Worst Year Ever

The Japanese carmaker reported its first annual loss after it gave up on EVs in the U.S. and its China business collapsed.

Stocks: HMC
1 hour ago - WSJ

Uber has been taking direct — and indirect — shots at its partner, Waymo

Uber executives have been publicly dissing Waymo in the past several months. The executives have called out Waymo directly or criticized AV-only operator models.

1 hour ago - Business Insider

Cisco stock is rising, but what's behind the 4,000 layoffs?

Cisco's (NASDAQ: CSCO) latest quarter gave investors a clean headline: better-than-expected results, a higher forecast, and a much bigger AI opportunity than the market had been modeling. The stock re...

Stocks: CSCO
1 hour ago - Invezz

Walmart cutting or relocating about 1,000 corporate jobs

Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.

Stocks: WMT
2 hours ago - Fox Business

Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Defends $4,697, Silver Surges to $87 as CPI Hits Rate Cuts?

Gold and silver consolidate as investors weigh sticky inflation data against the ongoing ceasefire. Gold bounces at $4,697 support while silver rides strong ascending momentum toward $88.

2 hours ago - FXEmpire

Natural Gas and Oil Forecast: Ceasefire Holds — WTI Reclaims $101, Brent Defends $106 — NatGas Tests $2.89?

With geopolitical risk premium lifted, oil benchmarks show resilience inside ascending channels. WTI bounces strongly above $101 targeting $103, Brent defends $105.96 channel support, while Natural Ga...

2 hours ago - FXEmpire

L&G jumps on buyer interest report; CEO says not considering sale

Legal and General shares rose by more than 5% on Thursday after the Financial Times reported that possible ​buying interest was building, while quoting its CEO Antonio Simoes ‌as saying the asset mana...

2 hours ago - Reuters

Chevron to Sell Some Asia-Pacific Assets to Japan's Eneos for $2.17 Billion

Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan's Eneos for $2.17 billion, as it continues to streamline its international portfolio.

Stocks: CVX
2 hours ago - WSJ

Apple stock: is smart money quietly walking away from AAPL?

Apple (NASDAQ: AAPL) delivered another strong quarterly earnings report, beating Wall Street expectations on both revenue and profit. The company posted its best March quarter ever, with fiscal second...

Stocks: AAPL
2 hours ago - Invezz

OpenAI ChatGPT Launches Trusted Contacts Feature That Might Save People And Stave Off AI Mental Health Lawsuits

In today's column, I examine the newly announced “trusted contacts” feature that OpenAI has established within ChatGPT. The idea is to allow users of ChatGPT to designate a trusted contact who will be...

2 hours ago - Forbes

Bonds Have Much More to Selloff In 2026: 3-Minutes MLIV

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:01 - Bond Market S...

2 hours ago - Bloomberg Markets and Finance

Watches of Switzerland Expects Revenue Growth on Strong Demand

The luxury-watch retailer forecasts organic revenue growth between 5% and 10% for its fiscal 2027 on a constant-currency basis thanks to U.S. demand.

2 hours ago - WSJ

Burberry says turnaround on track as Americas and China fuel strong growth

Burberry said this fiscal year marked a "meaningful inflection point." The British luxury outerwear maker said comparable sales grew 2% over the fiscal year, boosted by a 10% growth in the Americas an...

2 hours ago - CNBC

Foxconn Posts Strong Results on AI Hardware Sales

Foxconn Technology Group reported robust first-quarter revenue and profit as it ramped up production of server racks, other advanced equipment and consumer devices for the global artificial-intelligen...

3 hours ago - WSJ

Applied Materials' Coming AI Boom Comes Under the Microscope as It Reports Earnings

Applied Materials reports earnings Thursday as investors look for signs that AI-driven chip spending can outweigh slowing sales growth in China.

Stocks: AMAT
3 hours ago - Barrons

AstraZeneca's Imfinzi with pre-surgery drug boosts survival in bladder cancer trial

AstraZeneca said on Thursday that a late-stage trial of Imfinzi, combined with ​a targeted therapy prior to a ‌surgery, showed significantly improved survival rate in patients with muscle-invasive bla...

Stocks: AZN
3 hours ago - Reuters

Burberry Posts Higher Sales as Turnaround Efforts Take Effect

Sales climbed 5% as it continues to undergo a turnaround plan amid difficult market conditions due to geopolitical instability.

3 hours ago - WSJ

Aviva Posts Rise in Insurance Premiums

The insurer and asset manager's quarterly general insurance premiums reached £3.4 billion, up 19% compared with a year prior.

3 hours ago - WSJ

Mr Kipling owner Premier Foods beats annual profit view on new product launches

Mr Kipling owner Premier Foods ​beat market expectations for ‌annual headline trading profit and raised its dividend ​by 20% on ​Thursday, buoyed by robust ⁠sales from new ​product launches.

3 hours ago - Reuters

Investor Caltagirone voices concern over possible Monte dei Paschi-Banco BPM merger

Italian businessman Francesco Gaetano Caltagirone said on Thursday that merging Banca Monte dei Paschi di Siena (MPS) ​and Banco BPM could weaken the historic Tuscan bank ‌and pose a risk for Italian ...

3 hours ago - Reuters

Taiwan's Foxconn reports 18.5% rise in Q1 profit, beats forecast

Taiwan's Foxconn , ​the world's largest ‌contract electronics maker, reported ​on Thursday an 18.5% rise in ​first-quarter profit, beating ⁠analyst forecasts.

3 hours ago - Reuters

Siemens buys Italy's MERMEC businesses to strengthen rail technology portfolio

Siemens said on Thursday ​it agreed to ‌buy several key businesses of Italian ​rail technology group ​MERMEC to strengthen its ⁠rail portfolio ​and gain market ​access to Italy.

3 hours ago - Reuters

Telefonica to Meet Guidance After Net Loss Narrows

The telecommunications group said it is on track to meet its full-year expectations after reporting a narrower net loss and higher revenue in the first quarter.

4 hours ago - WSJ

Burberry's quarterly sales hit by Iran war-driven tourism slump

Burberry reported fourth-quarter sales in line ‌with expectations on Thursday, as the Iran war dampened tourism and buying activity, offsetting gains ​from the British luxury brand's ​heritage-focused...

4 hours ago - Reuters

Who decides what AI tells you? Campbell Brown, once Meta's news chief, has thoughts

Campbell Brown has spent her career chasing accurate information, first as a renowned TV journalist, then as Facebook's first, and only, dedicated news chief. Now, watching AI reshape how people consu...

Stocks: META
4 hours ago - TechCrunch

Nvidia stock: Jensen Huang's China remarks matter for investors

Nvidia stock (NASDAQ: NVDA) has remained a market favourite after hitting another all-time high this week, extending the chipmaker's golden run on Wall Street. Yet Jensen Huang's appearance in Beijing...

Stocks: NVDA
4 hours ago - Invezz

India asks US for Russian oil waiver extension as Iran war drags on, Bloomberg News reports

India has asked ​the U.S. ‌to extend its ​waiver on ​Russian oil, Bloomberg ⁠News ​reported on Thursday, ​citing people familiar with the ​matter, ​as the ongoing ‌conflict ⁠in the Persian Gulf disrup...

4 hours ago - Reuters

Exclusive: US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not ​a single delivery has been made so far, three people familiar with the matter said, leavin...

Stocks: NVDA
4 hours ago - Reuters

Morgan Stanley lifts China equity targets on earnings, yuan strength

Morgan Stanley has lifted its price targets for major Chinese equity indexes, citing stronger earnings, yuan resilience and China's entrenched role in global supply chains, CNBC reported on Thursday. ...

4 hours ago - Invezz

European markets to open higher as politics dominates the news agenda

European stocks are expected to open higher Thursday as investors keep an eye on developments in the U.K. and U.S. President Donald Trump's trip to China.

Stocks: NGGVIV
4 hours ago - CNBC

Italy's Monte dei Paschi should not to sell its Generali stake, investor Caltagirone says

Banca Monte dei Paschi di Siena's (MPS) second-largest ​shareholder, Francesco Gaetano Caltagirone, said on ‌Thursday that the Italian lender should not sell its stake ​in Italy's top insurer ​General...

4 hours ago - Reuters

Clio's $500M milestone arrives just as Anthropic ups the ante

While AI is now being applied to everything from healthcare to customer support, no single use case has yet been nearly as popular or lucrative as code writing.

4 hours ago - TechCrunch

China's Sinopec books major reserves in ultra-deep shale gas find

Chinese oil major Sinopec , said it has booked large proven reserves of ​gas at its ultra-deep Ziyang Dongfeng ‌shale gas field.

4 hours ago - Reuters

Samsung stock gains despite walkout risk: why are investors calm?

Samsung Electronics stock rose 3.4% in Thursday trading, even as South Korea's finance minister warned that a threatened strike at the company could become a significant risk to the country's economic...

5 hours ago - Invezz

Nio stock is pumping in Hong Kong today: here's why and what next

Nio stock price jumped by over 4.4% in Hong Kong today, May 14, mirroring its performance in Wall Street a day earlier. It jumped to H$50.45, its highest level in two weeks, and is up by over 45% from...

Stocks: NIO
5 hours ago - Invezz

Lotus CEO warns solid-state batteries still up to a decade from mass production

Lotus CEO Qingfeng Feng told CNBC that it could yet be another decade before the hype over solid-state batteries delivers on its promise. The next-generation tech is often touted as the "holy grail" o...

Stocks: LOT
5 hours ago - CNBC

OpenAI says no user data breached after security issue with open-source library

OpenAI ​said on ‌Wednesday it ​found ​no evidence ⁠that ​its ​user data was ​accessed ​after a security ‌issue ⁠involving a ​supply-chain ​attack ⁠on TanStack ​npm, ​an ⁠open-source ⁠library.

5 hours ago - Reuters

Honda books first annual loss, hit by $9 billion EV charge

Honda Motor posted its first ​annual loss in nearly 70 ‌years as a listed company on Thursday, hit by U.S. tariffs and more ​than $9 billion in costs ​to restructure its electric-vehicle business.

Stocks: HMC
5 hours ago - Reuters

Oil Price Forecast: Trump-Xi Talks and Hormuz Risk Keep Brent Above $100

Oil prices remain supported by the Iran war, Strait of Hormuz risks, and Trump-Xi uncertainty, while Brent and WTI technical patterns point to further upside if supply concerns persist.

5 hours ago - FXEmpire

Eneos to buy Chevron's stake in Singapore Refining and other assets for $2.2 billion

Eneos ​Holdings said ‌on Thursday it ​will buy ​Chevron's 50% stake ⁠in ​Singapore Refining ​Company and other assets ​in ​Southeast Asia and ‌Australia ⁠for $2.2 billion.

Stocks: CVX
5 hours ago - Reuters

Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says

Nvidia CEO Jensen Huang told ​state broadcaster CCTV ‌on Thursday that he hoped U.S. President Donald ​Trump and Chinese ​counterpart Xi Jinping would ⁠build on their ​good relationship during talks ​...

Stocks: NVDA
5 hours ago - Reuters

Why are Chinese stocks falling as Trump meets Xi in Beijing?

Chinese stocks are easing even as US President Donald Trump and Chinese President Xi Jinping sit down in Beijing because much of the optimism was already built into prices before the meeting began. Ma...

6 hours ago - Invezz

Samsung Electronics urges union to resume talks as strike threat looms

Samsung Electronics on Thursday proposed that ​its South Korean labour union resume pay ‌talks after government-mediated negotiations fell apart, a union leader said, citing a letter from the company.

6 hours ago - Reuters

Waymo VP on why its full-stack approach will win self-driving race

"We've seen all of the challenges one might encounter on the roads." Waymo's VP of Onboard Software, Srikanth Thirumalai, tells @TomMackenzieTV how the company's full-stack approach to self-driving ca...

Stocks: GOOGGOOGL
6 hours ago - Bloomberg Markets and Finance

Megan Greene on How the BOE Is Dealing With Supply Side Shock

When global economies face one transitory shock after another, whether it's supply chain disruptions, the war in Ukraine or the war in Iran, are central banks equipped to deal with them? Bank of Engla...

6 hours ago - Bloomberg Markets and Finance

These stocks are in focus amid the high-stakes Trump-Xi meeting

Financial markets are fixated on President Donald Trump's high-stakes summit with President Xi in Beijing, a pivotal meeting poised to reshape international supply chains and trade policy. With bilate...

Stocks: ASMLBA
6 hours ago - Invezz

Alibaba Sacrifices Profits to Fuel AI Growth

Artificial intelligence accounts for a rapidly growing share of Alibaba Group's revenue, and it will deliver a return on the substantial investment the company is making in AI infrastructure, CEO Eddi...

Stocks: BABA
6 hours ago - PYMNTS

AI boom puts SK Hynix on the cusp $1 trillion market value

SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as strong demand for ​artificial intelligence places South Korea at the hear...

7 hours ago - Reuters

Exclusive: New York, California pension leaders oppose 'extreme' SpaceX control structure

Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and ...

7 hours ago - Reuters

OpenAI backs creation of global AI governance body led by the U.S. that would include China as a member

OpenAI VP Chris Lehane supports creating a global AI governance body led by the U.S. that includes China, amid Trump's visit for talks with Xi Jinping.

7 hours ago - Fox Business

TSMC says global chip market to hit $1.5 trillion by 2030 as AI drives growth

TSMC , the world's largest contract chipmaker, expects the global semiconductor market to exceed $1.5 trillion by 2030, topping its previous forecast ​of $1 trillion, according to its presentation mat...

Stocks: TSM
8 hours ago - Reuters

Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast

With more than 14 million bpd of supply cut, the overall loss from Gulf producers is now over a billion barrels, the IEA said. OPEC production fell by 1.7 million bpd in April and has declined more th...

8 hours ago - CNBC

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market

Air India's thousands of flight cuts due to the Iran war and Pakistan's airspace ban have become a boon for foreign ​carriers, with Lufthansa Group and Cathay Pacific among those adding services to on...

8 hours ago - Reuters

Cisco to cut thousands of jobs as AI push accelerates after earnings beat

Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.

Stocks: CSCO
8 hours ago - Fox Business

Threatened Samsung strike poses significant risk to South Korea growth, finmin says

A threatened ​strike by Samsung ‌Electronics' union would be ​a significant ​risk to South Korea's ⁠economic ​growth, exports and ​markets, Finance Minister Koo Yun-cheol said ​on ​Thursday.

8 hours ago - Reuters

Land management company EagleRock raises about $320 million in US IPO

EagleRock, a land and resource management company that collects royalties and fees from oil and gas ​production on the land it controls in the Permian Basin, has ‌raised $320.1 million in its U.S. ini...

Stocks: EROK
9 hours ago - Reuters

LinkedIn Cuts 5% of Staff in Reorganization

LinkedIn is laying off 5% of its staff Wednesday (May 13), Reuters reported Wednesday, citing unnamed sources. The company is reorganizing teams and focusing on growing areas of its business, accordin...

Stocks: MSFT
9 hours ago - PYMNTS

Gold Rises; Defensive Appeal Remains Intact

Gold gained in the early Asian session. The yellow metal doesn't appear to be reacting one-dimensionally to U.S. consumer-price index data anymore, said XS.com.

9 hours ago - WSJ

Oil Edges Higher Ahead of Trump-Xi Summit

Oil prices inched higher in early Asian trade, ahead of the two-day summit between Washington and Beijing.

9 hours ago - WSJ

Sun Country merges with Allegiant Air to create larger budget airline following Spirit Airlines shutdown

Las Vegas-based Allegiant said the transaction closed after receiving required regulatory and shareholder approvals.

Stocks: ALGTSNCY
9 hours ago - New York Post

Oil edges up ahead of Trump-Xi meeting in Beijing

Oil prices edged up on Thursday as investors awaited a meeting between U.S. President Donald Trump ​and Chinese President Xi Jinping later in the day ‌as traders focused on the Iran war.

9 hours ago - Reuters

Cerebras Systems to Raise $5.55 Billion in Year's Largest U.S. IPO So Far

The company, which is backed by OpenAI's Sam Altman, priced its upsized offering of 30 million shares at $185.00 a share.

Stocks: CBRS
9 hours ago - WSJ

Microsoft's multi-agent AI system tops Anthropic's Mythos on cybersecurity benchmark

Microsoft's new vulnerability-scanning system, codenamed MDASH, scored 88.

Stocks: MSFT
9 hours ago - GeekWire

Alexa Replaces Rufus as Amazon's AI Shopping Assistant

The new Alexa for Shopping feature can use data about the customer to help find products.

Stocks: AMZN
10 hours ago - CNET

Michael Landsberg on AI Beyond NVDA, Stock Picks in CSCO, CRWD & V

"People have correctly stayed the course" by looking at earnings, says Michael Landsberg, noting the strength U.S. muscled for the rest of the markets. He talks about how there's much more than Nvidia...

Stocks: CRWDCSCOV
10 hours ago - Schwab Network

Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers

The foundation of Nvidia CEO Jensen Huang and his wife, Lori, ​is buying computing time from CoreWeave and ‌donating it to universities and other nonprofit institutes, according to a filing that value...

Stocks: CRWV
10 hours ago - Reuters

xAI Pursues Finance Sector Growth Before SpaceX IPO

Elon Musk's xAI is focusing on the finance sector as it works to boost its revenue ahead of the initial public offering (IPO) of its parent company, SpaceX, Bloomberg reported Wednesday (May 13), citi...

10 hours ago - PYMNTS

An internal memo shows LinkedIn's new marketing playbook: fewer staff, tighter budgets, and more AI

LinkedIn's marketing team is embracing AI as it cuts staff, an internal memo shows. Marketing will also reduce its ad spending, according to an email from LinkedIn CMO Jessica Jensen.

Stocks: MSFT
10 hours ago - Business Insider

Anthropic Scales Claude AI Across 7 Small Business Apps

Anthropic's Claude for Small Business plugin will bring new artificial intelligence (AI)-powered capabilities to tools commonly used by small businesses, the company and its partners said Wednesday (M...

10 hours ago - PYMNTS

Japan's global defense business may be on the cusp of a big breakout

Experts say Japan will initially export arms in areas where it's already strong, such as air defense systems and naval platforms. Global military spending hit a record of $2.89 trillion in 2025, the 1...

10 hours ago - CNBC

Argentina approves TGS for tax incentive scheme in $550 mln gas pipeline expansion

Argentina's economy ministry has approved Transportadora ​de Gas del Sur's ‌application to enter the RIGI large-investment incentive scheme for a $550 ​million expansion of the ​Perito Moreno gas pipe...

Stocks: TGS
10 hours ago - Reuters

Meta challenges New Mexico's $3.7 billion plan for teen mental health in social media trial

A lawyer for Meta Platforms on Wednesday argued ​that New Mexico's $3.7 billion proposal to address teen mental health harms goes too far, saying it would force ‌the company to pay for mental health c...

Stocks: META
11 hours ago - Reuters

Innovotech Inc. Receives Support to Develop Antimicrobial Testing Services and Product Enhancements

Edmonton, Alberta – May 13, 2026 - TheNewswire – Innovotech Inc. (TSX Venture Exchange: IOT ; OTCQB: IOTCF) (“Innovotech” or the “Company”) reports that its subsidiary Innovotech Labs Corporation is ...

11 hours ago - TheNewswire

Instagram Introduces Instants, Meta's New Private Photo Sharing App

The photos shared using Instagram's new feature will vanish after 24 hours.

Stocks: META
11 hours ago - CNET

Ryan Cohen says eBay directors should not dismiss his proposal without engaging on its substance

GameStop CEO Ryan ​Cohen on Wednesday told ‌eBay's board that the company should ​not reject his $56 ​billion takeover proposal and ⁠that the company's ​shareholders deserve a ​chance to evaluate it.

Stocks: EBAYGME
11 hours ago - Reuters

OpenAI trial wraps up with testimony about Reid Hoffman, a trophy, and a Musk outburst

Jurors on Wednesday sat for a final day of testimony in the Musk v. Altman showdown.

11 hours ago - Business Insider

Anthropic CFO says AI now writes 90% of its code, changing white-collar jobs from execution to oversight

Anthropic CFO Krishna Rao said AI has reshaped Anthropic's white-collar work environment. Execution roles turned into supervisors of AI, requiring higher "talent density" across the company.

11 hours ago - Business Insider

Apple Prepares App Store for Autonomous AI Agents

Apple is exploring ways to allow developers to offer artificial intelligence (AI) agents into its App Store while maintaining its regulations designed to prevent the spread of malware and other wrongd...

Stocks: AAPL
11 hours ago - PYMNTS

Comcast's Sky advances talks to acquire ITV unit with performance-based payout, sources say

Comcast -owned Sky is ‌advancing towards a deal to acquire ITV's Media and Entertainment unit in a transaction that will include a payout dependent on the British broadcaster's performance, three peop...

Stocks: CMCSA
11 hours ago - Reuters

Gap's last Oakland store is set to close this summer

Oakland residents will have one less place to buy khakis and hoodies this summer, with a major retailer pulling up stakes in the Bay Area metropolis.

Stocks: GAP
11 hours ago - New York Post

Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

Cisco plans to cut about 4,000 jobs to refocus on AI, affecting less than 5% of its workforce. Despite layoffs, Cisco sees strong quarterly results and raises sales forecast on AI demand.

Stocks: CSCO
11 hours ago - Business Insider

Cerebras prices IPO at $185 per share to raise $5.55 billion, sources say

Cerebras Systems priced its U.S. initial public offering at $185 per ​share on Wednesday, above the top ‌end of its indicated price range, people familiar with the matter said.

Stocks: CBRS
11 hours ago - Reuters

Isomorphic Labs' $2.1 Billion Fundraise Is The Biggest Bet Yet On AI Drug Discovery

On Tuesday, Isomorphic Labs, the Alphabet-founded firm that uses AI to accelerate drug development, said that it had raised $2.1 billion from investors led by Thrive Capital. That's a boatload of cash...

Stocks: GOOGGOOGL
11 hours ago - Forbes

Anthropic reinstates OpenClaw and third-party agent usage on Claude subscriptions — with a catch

Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness! But, there's a big catch with how it's being enacted.

11 hours ago - VentureBeat

Canvas Hack Aftermath: Congress Wants Instructure to Answer Questions

A hacker group stole data from more than 9,000 schools using an exploit in Instructure's service. Now the House Homeland Security Committee is getting involved.

Stocks: INST
12 hours ago - CNET

Wednesday's Final Takeaways: Amazon Pivoting AI Strategy & Samsung's Pay Deal

Marley Kayden talks about Amazon (AMZN) pivoting their AI strategy today by retiring it's old chatbot and launching Alexa for shopping. Sam Vadas talks about Samsung's failure to reach an agreement on...

Stocks: AMZN
12 hours ago - Schwab Network