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Month: May 2024

Meta to expand AI image generation offerings for ads
Business

Meta to expand AI image generation offerings for ads

May 7, 2024May 8, 2024

NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of generative AI ads

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Inflation “settling” high could pose new risks for the Fed, economy
Business

Inflation “settling” high could pose new risks for the Fed, economy

May 7, 2024May 8, 2024

By Howard Schneider WASHINGTON (Reuters) -Inflation lodged above the U.S. Federal Reserve’s 2% target could leave policymakers saddled with the difficult choice in coming months

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Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
Business

Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million

May 7, 2024May 7, 2024

(This May 6 story has been corrected to fix the spelling of BOKA Group and Lux Capital in paragraph 2) By Joey Roulette WASHINGTON (Reuters)

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Robinhood Crypto gets Wells notice from US SEC
Business

Robinhood Crypto gets Wells notice from US SEC

May 6, 2024May 6, 2024

(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May

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Citadel’s Griffin says Fed’s first rate cut may come in December
Economy

Citadel’s Griffin says Fed’s first rate cut may come in December

May 6, 2024May 6, 2024

By Carolina Mandl Beverly Hills (Reuters) – Ken Griffin, Citadel’s founder and chief executive, said on Monday that he is unsure when the Federal Reserve

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Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
Business

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

May 6, 2024May 6, 2024

(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and OpenAI, the Information reported on

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Uncategorized

Top 5 Defense Stocks Poised to Soar in the Months Ahead

May 6, 2024January 28, 2025

With wars actively being waged in several parts of the world right now – and the prospect for additional conflicts looking more and more likely

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EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon
Business

EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon

May 6, 2024May 6, 2024

(Reuters) -The European Commission on Monday approved U.S. Steel’s $14.9 billion buyout by Japan’s Nippon Steel, allaying competition worries, even as the deal faces regulatory

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Buffett says Berkshire in good hands, lauds Apple despite lowering stake
Business

Buffett says Berkshire in good hands, lauds Apple despite lowering stake

May 6, 2024May 6, 2024

By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him

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Atos board reported to be meeting Sunday to review takeover bids
Business

Atos board reported to be meeting Sunday to review takeover bids

May 5, 2024May 5, 2024

PARIS (Reuters) – The board of French tech firm Atos was due to meet on Sunday evening to consider takeover offers, including one submitted by

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