Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
Google Wants Right to Bundle Gemini AI App With Maps, YouTube
(Bloomberg) — Alphabet Inc.’s Google wants to retain the right to bundle its popular mapping and video apps…
JPMorgan’s Dimon Says AI Cost Savings Now Match Money Spent
Jamie Dimon (Bloomberg) — Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing…
Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
The Oracle offices in Redwood City, California. (Bloomberg) — Oracle Corp. shares tumbled after a report that the…
Australia’s Pension Funds May Amplify Stress in Liquidity Shock
People sit on a bench at Bondi Beach in Sydney, Australia. Photographer: Brent Lewin/Bloomberg (Bloomberg) — The vast…
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
(Bloomberg) — Manufacturing across Asia was split last month, with activity improved in South Korea and steady in…
Alphabet’s AI Strength Fuels Biggest Quarterly Jump Since 2005
(Bloomberg) — Alphabet Inc. shares closed out their biggest quarterly gain in 20 years, the latest reflection of…
AI-Fixated Traders Pile Into Teradyne, Other Obscure Chip Stocks
With tech companies continuing to boost AI spending, the valuation of many chipmakers are increasingly expensive. (Bloomberg) —…
Dmitry Balyasny Has 3 Pieces of Advice for Young Finance Professionals
Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who…
Chinese Industrial Profits Jump in August, Reversing Drop
(Bloomberg) — Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and…
Apple reportedly made a ChatGPT-clone to test Siri’s new capabilities
In the pursuit of actually releasing the updated version of Siri the company promised way back at WWDC…
China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…