Wall St Week Ahead US small caps struggle as elevated interest rates take a toll The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies, which have lagged broader markets this ... 05/3/2024 - 6:35 am | View Link
Strong Tech Earnings Boost Stocks Blockbuster earnings results from Alphabet and Microsoft ... and Microsoft said they will continue to boost investment in AI, which should increase demand for companies making AI chips. 04/26/2024 - 11:17 am | View Link
Wall St Week Ahead Lofty US stocks leave investors punishing earnings disappointments Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. 04/26/2024 - 11:09 am | View Link
Stock Market News: Dow, S&P 500, and the Nasdaq All Climb While the reading wasn’t a boost for stocks by any means, it did provide some breathing room for a tech-earnings driven rally. The results set a high bar for next week’s wave of tech earnings ... 04/26/2024 - 11:05 am | View Link
NASDAQ Surges On Strong Earnings Stocks jumped Friday as Big Tech names Alphabet and Microsoft rallied on strong earnings and traders pored through fresh U.S. inflation data ... also appeared to get a boost from March's core ... 04/26/2024 - 4:25 am | View Link
With summer movie season upon us, theaters are looking to draw crowds with a new interactive lobby attraction.
A long line to get into the theater is fairly standard for a hot movie in its opening weekend. A long line just to engage with a film’s lobby display, however, is not standard at all.
The housing market saw a 30% increase in active inventory in April, but that’s still 35% below pre-pandemic levels.
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In the past few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot.
Within those apps, you can chat with Meta AI and type in questions and requests like “What’s the weather this week in New York?” or “Write a poem about two dogs living in San Francisco.” The assistant will come up with responses immediately, such as “The corgi was short, with a butt so wide, the lab was tall, with a tongue that would glide.” You can also instruct Meta AI to produce pictures — like an illustration of a family watching fireworks.
This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI.
Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving.
“The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver.
RIYADH, Saudi Arabia — On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh, Saudi Arabia.
The lure: billions of dollars in Saudi money as the kingdom seeks to build a tech industry to complement its oil dominance.
To bypass the congestion, frustrated eventgoers drove onto the highway shoulder, kicking up plumes of desert sand as they sped past those following traffic rules.
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said last month.
Authorities said the case appears to be among the first of its kind in the country and called for new laws to guard against the technology.