[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on April 10, 2024 in New York City. As new inflation data released today showed a continued rise, stocks fell across the board with the Dow falling over 400 points. Spencer Platt | Getty Images U.S. stock …
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Amazon CEO Andy Jassy says he’s committed to cost cutting while investing in AI in shareholder letter
[ad_1] Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to keep looking for ways to keep costs in check even as the company doubles down on investing in new growth areas like artificial intelligence. “I think every one of us at Amazon believes that …
Read More »Google partners with Bayer on new AI product for radiologists
[ad_1] Google Cloud and the German health-care company Bayer on Tuesday announced they are building an artificial intelligence-powered platform that aims to help radiologists diagnose patients and work through cases more quickly. The platform’s generative AI flags anomalies within images for radiologists to look at, and it can also pull …
Read More »Hindsight is 20/20 — but going forward, I’m taking a stand that can benefit all stock investors
[ad_1] We’ve become prisoners of short-rate forecasts. Yeah, the ones controlled by the Federal Reserve. But those fearless investors who have broken out of this self-imposed mental jail are enjoying bountiful returns. Sure, it appears to be nothing but alchemy to the jailers and their powerful protagonists in the media. …
Read More »EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
[ad_1] Executive Vice-President of the European Commission for a Europe fit for the Digital Age (Competition), Margrethe Vestager, holds a press conference on “Apple on App Store rules for music streaming providers” in Brussels, Belgium on April 30, 2021. (Photo by Dursun Aydemir/Anadolu Agency via Getty Images) Dursun Aydemir | …
Read More »Reddit power users balk at chance to participate in IPO as Wall Street debut nears
[ad_1] Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 million members and was the subject of her Ph.D. dissertation. She’s been a lurker on the forum since 2012. …
Read More »Jim Cramer says Nvidia will ‘create the next industrial revolution’
[ad_1] CNBC’s Jim Cramer on Monday said he believes Nvidia will revolutionize enterprise. “The sum of all that Nvidia’s doing will indeed create the next industrial revolution, because Nvidia’s about the speed with which we can arrive at smarter, better answers,” he said after attending the company’s conference in San …
Read More »S&P 500 falls on inflation concerns, heads for weekly loss: Live updates
[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images The S&P 500 fell on Friday and was on track to end the week lower, with technology stocks under pressure as …
Read More »Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
[ad_1] In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime “queenpin” had built an empire. Tucked behind the stone walls of her 4,500-square-foot Spanish-style mansion, Michelle Mack had stockpiled a small fortune in cosmetics that had been stolen from Ulta and Sephora stores …
Read More »Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods
[ad_1] Read CNBC’s full investigation into the alleged organized theft groups that police say are stealing and reselling items from retailers including Ulta Beauty, T.J. Maxx and Walgreens. Faced with sophisticated organized retail crime rings that investigators say have targeted his company, Ulta Beauty CEO Dave Kimbell is laying some …
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