WASHINGTON (Reuters) -Microsoft's deal to invest $1.5 billion in artificial intelligence firm G42 is "generally a positive development" because it forced the United Arab Emirates-based company to sever ties to China's Huawei, a White House official said on Monday. "In a place like UAE ... where you had G42 working very closely with Huawei, for example, we have an interest in changing that picture," White House technology advisor Tarun Chhabra said...
Continue ReadingIt's a new trading week — and the last of June — so start Monday off right with Brad Smith and Madison Mills on Yahoo Finance's The Morning Brief as they guide investors through the top stock stories and the market's opening bell. MacroPolicy Perspectives Founder and President Julia Coronado joins the show to discuss the forecast on any Federal Reserve interest rate cuts ahead of Friday's PCE (Personal Consumption Expenditures) index data. Later, Commonwealth Financial Network CIO Brad McMillan talks about the tech sector (XLK) trends becoming apparent in the broader market (^DJI, ^IXIC, ^GSPC). European Commission regulators are suing Apple (AAPL) after finding its App Store payment practices in violation of the EU's Digital Markets Act. Several other top trending tickers on Yahoo Finance this morning, include bitcoin (BTC-USD), Target (TGT) and Shopify (SHOP), Eli Lilly (LLY), and Boeing (BA). This post was written by Luke Carberry Mogan...
Continue ReadingInvesting.com - Apple Inc (NASDAQ:AAPL) has decided to discontinue its buy-now-pay-later (BNPL) service, Apple Pay Later, just a little over a year since its launch in March 2023. This decision comes amidst heightened regulatory scrutiny and competition within the sector...
Continue ReadingQQQ Trust ETF might have seen a nice increase so far in 2024, but the risks have risen in line with rising valuations. Read more on QQQ ETF here...
Continue ReadingTesla Q2 Vehicle Deliveries Seen Trailing Consensus, UBS Says...
Continue ReadingThe EV maker's second quarter is looking like it could be even worse that its first. Here's why...
Continue ReadingAmazon and Nvidia are gearing up for a battle in the cloud business, impacting the industry for the rest of the year. Learn more about AMZN stock here...
Continue ReadingHere are three Magnificent 7 stocks to watch in the stock market today...
Continue ReadingTesla Inc (NASDAQ:TSLA) is on investors’ radar after the company's shareholders approved CEO Elon Musk’s $56 billion compensation package, a move analysts believe could spark the beginning of a possible rebound in the stock, which is down 25% so far .....
Continue ReadingHere's everything you need to know about the electric vehicle maker's week...
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