Biotech Stocks: Analyst Downgrades Weigh On Drug Stocks

Enlarge / The Claude AI iOS app running on an iPhone. (credit: Anthropic) On Wednesday, Anthropic announced the launch of an iOS mobile app for its Claude 3 AI language models that are similar to OpenAI's ChatGPT. It also introduced a new subscription tier designed for group collaboration. Before the app launch, Claude was only available through a website, an API, and other apps that integrated Claude through API. Like the ChatGPT app, Claude's new mobile app serves as a gateway to chatbot interactions, and it also allows uploading photos for analysis.

Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking for money to continue a broadband-affordability program that gave out its last round of $30 discounts to people with low incomes in April. The Affordable Connectivity Program (ACP) has lowered monthly Internet bills for people who qualify for benefits, but Congress allowed funding to run out.

Enlarge / It's a good thing this kid is too young to bet on Skee-Ball, because his dad is getting beat. (credit: Getty Images) Anyone who's been to a Dave & Buster's location in recent years knows the arcade's heavy reliance on so-called redemption games makes the experience more like an ersatz casino than the quarter-munching video game halls of the '70s and '80s.

Enlarge / A dog gets examined by veterinary technicians in Texas. (credit: Getty | Michael Paulsen) Two separately owned dogs in New Jersey tested positive last year for a dreaded, extensively drug resistant bacterial strain spread in the US by contaminated artificial eye drops manufactured in India. Those drops caused a deadly multi-state outbreak in humans over many months last year, with at least 81 people ultimately infected across 18 states.

Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus) In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella received a rude awakening in an email warning that Google had officially gotten too far ahead on AI and that Microsoft may never catch up without investing in OpenAI. With the subject line "Thoughts on OpenAI," the email came from Microsoft's chief technology officer, Kevin Scott, who is also the company’s executive vice president of AI.

Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images) A controversial bill that would require all new cars to be fitted with AM radios looks set to become a law in the near future. Yesterday, Senator Edward Markey (D-Mass) revealed that the "AM Radio for Every Vehicle Act" now has the support of 60 US Senators, as well as 246 co-sponsors in the House of Representatives, making its passage an almost sure thing.