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Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due...
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Ford, GM, Stellantis, and Tesla shares were down about 12% on average so far this week, wiping out some $80 billion in market value...
Continue ReadingMicrosoft has stood out within the pantheon of the greatest stock market winners in U.S. history. Not long after its IPO in March 1986, MSFT stock became a big winner on an initial breakout from a four-month base. Microsoft stock has shown leadership — and enriched investors by rising to new highs — in multiple bull markets since then...
Continue ReadingInvesting.com-- U.S. stock index futures rose in evening deals on Thursday as heavyweight technology stocks appeared to be easing from bruising losses in recent sessions, with focus turning to key upcoming inflation data...
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IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013...
Continue ReadingAlphabet's Google unveiled a pair of artificial intelligence systems on Thursday that demonstrated advances in solving complex mathematical problems, a key frontier of generative AI development. The current class of AI models, which work by statistically predicting the next word, have struggled with abstract math, which requires greater reasoning capabilities resembling human intelligence. Google said in a blog post that one question was solved within minutes, but others took up to three days, longer than the competition's time limit...
Continue ReadingFord announces a second-quarter operating profit of $2.8 billion, down 26% from $3.8 billion reported in the second quarter of 2023...
Continue ReadingThe Nasdaq composite and S&P 500 reversed lower after a rebound attempt faded in afternoon trading. Investors may be skittish ahead of Friday's inflation report. The Dow Jones Industrial Average held on for a 0.2% gain and closed below 40,000 level after spending most of the session above it...
Continue ReadingOpenAI on Thursday announced its most direct threat yet to its stalwart Big Tech rivals: a search engine that uses artificial intelligence baked in from the beginning...
Continue ReadingOpenAI is testing a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google and affect the flow of internet traffic seeking news and other timely information. San Francisco-based OpenAI said Thursday it is releasing a preview of the SearchGPT feature to get feedback from a small group of users and publishers. Google upended its search engine in May with AI-generated written summaries now frequently appearing at the top of search results...
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