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25,538 signal articles · 38 in last 24h · 122,354 total before filter · latest 36m ago
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Bloomberg45d agoneutral
Starbucks Taps AI to Reduce Reliance on Microsoft, IBM Software

(Bloomberg) -- Starbucks Corp. is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft Corp. and International Business Machines Corp.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Se

SpaceX and AI startup wealth fuels demand for private jets
Reuters45d agoneutral
SpaceX and AI startup wealth fuels demand for private jets

NEW YORK/MONTREAL, July 9 (Reuters) - Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements. The Cleveland-based attorney attributed the rush to a handful ‌of major "liquidity events" in the tech industry.

Bloomberg45d agoneutral
Rare Earth Talent Scramble Lures 86-Year-Old From Retirement

(Bloomberg) -- Jack Lifton first retired from the mining industry more than a quarter century ago. These days, at 86, he’s busier than ever.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsUS Military Launches Strikes on Iran for Second Straight DayGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaThe engineer-turne

India removes import duty on some electronics, smartphone parts
Reuters45d agoneutral
India removes import duty on some electronics, smartphone parts

India has scrapped import duties ‌on some parts used to make ‌mobile phones and other electronic devices, removing the ​current 7.5% and 5% levies, in a move that could help companies like Apple and Xiaomi. Here are more details: • Items ‌include key ⁠parts for producing wireless charging modules for mobile phones, displays for ⁠medical devices and automobiles, and lithium-ion cells. The exemption will be valid until ​March 31, ​2029.

Bloomberg45d agoneutral
Eric Trump’s Bitcoin Bet Erases $600 Million From Family Fortune

(Bloomberg) -- American Bitcoin Corp. was built around a simple idea: that owning and mining Bitcoin would be enough to mint money.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsUS Military Launches Strikes on Iran for Second Straight DayGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaInstead, the company co-fou

Tobacco Stocks Are Coming in From the Cold
The Wall Street Journal45d agoneutral
Tobacco Stocks Are Coming in From the Cold

The taboo against owning cigarette stocks hasn’t gone away, but new gray areas are emerging. Investors who bought BAT shares two years ago have roughly doubled their money, a better run than the Magnificent Seven. All tobacco stocks have done well over the period, including Marlboro’s U.S. maker, Altria Group which is up more than 50%.

Tesla stock gets a surprising SpaceX reset
TheStreet45d agoneutral
Tesla stock gets a surprising SpaceX reset

Tesla’s (TSLA) fresh bull case lands at a strange moment for the stock. Investors were anxiously waiting for a demand reset after concerns of some major EV competition, sluggish margins, and lackluster growth. However, in a surprise turn of events, Tesla then beat Q2 delivery estimates by a ...

Bloomberg45d agoneutral
BlackRock’s Jewell Sees AI Capex Stable for Two to Three Years

(Bloomberg) -- Commitments for AI spending should sustain the investment theme around the technology for two to three years, even as tech giants gradually turn cash-flow negative and start raising debt to fund their buildouts, according to BlackRock Inc.’s Helen Jewell. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsUS Military

This Earnings Season Is the Stock Market’s Biggest Test
Barrons.com45d agoneutral
This Earnings Season Is the Stock Market’s Biggest Test

Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.

JPMorgan resets LLY stock target on drug demand
TheStreet45d agoneutral
JPMorgan resets LLY stock target on drug demand

Eli Lilly (LLY) keeps setting records, and Wall Street’s rating of its stock keeps increasing as well. On Tuesday, one of JPMorgan’s most closely watched healthcare stock analysts, Chris Schott, who frequently covers Pfizer Inc. (PFE), Eli Lilly, and Teva Pharmaceutical Industries Ltd. ...