Role reversal: Meta adopts Qwen as Chinese AI becomes industry foundation
When US tech giant Meta Platforms released its flagship Llama family of artificial intelligence models in February 2023,…
SpaceX to Pursue 2026 IPO Raising Far Above $30 Billion
Bloomberg (Bloomberg) — SpaceX is moving ahead with plans for an initial public offering that would seek to…
GE Vernova Doubles Dividend, Boosts Buybacks With AI as ‘Driver’
(Bloomberg) — US manufacturer GE Vernova Inc. showered shareholders with rewards in the latest sign that demand for…
Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears
Photographer: Angel Garcia/Bloomberg (Bloomberg) — While some corners of energy markets have looked pretty frothy of late, one segment…
Apple Chip Chief Johny Srouji Could Be Next to Go as Exodus Continues
Apple’s senior vice president of hardware technologies Johny Srouji could be the next leading executive to leave the…
Apple’s Johny Srouji could continue the company’s executive exodus, according to report
Apple’s Johny Srouji may be the latest company executive to seek greener pastures, according to a report from…
Carvana, CRH, Comfort Systems to join S&P 500 in rebalancing
(Bloomberg) — CRH Plc (CRH), Carvana Co. (CVNA) and Comfort Systems USA Inc. (FIX) were selected for inclusion…
US Treasuries Wrap Up Worst Week Since April Amid Fed Doubts
Bloomberg (Bloomberg) — Treasuries closed out their worst week in eight months as conflicting economic data challenged expectations…
Meta’s Zuckerberg Plans Deep Cuts for Metaverse Efforts
Photographer: Hollie Adams/Bloomberg (Bloomberg) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called…
Silver Nears Record as US Payrolls Reinforce Fed Rate-Cut Bets
(Bloomberg) — Silver traded near a record high after US payroll data reinforced bets that the Federal Reserve…
Australia Economic Growth Misses Forecasts, RBA Bets Whipsaw
Runners jog along the boardwalk past the Sydney Harbor Bridge. (Bloomberg) — Australia’s economy grew at a surprisingly…
Treasuries Fall as New Corporate Debt Follows Japan Bond Selloff
(Bloomberg) — Treasuries fell as US trading returned to normal after last week’s holiday, with a surge of…