Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car. CEO and founder Lei Jun said on Chinese social media Wednesday that Xiaomi would release its car in the first half of next year. He did …
An Hour Ago Government Shutdown Looms as Republican Speaker Search Continues According to Michael Townsend, managing director of legislative and regulatory affairs at Charles Schwab, there is a possibility of a U.S. federal government shutdown next month. However, he believes that Wall Street would not be significantly impacted if it were to happen, as it …
Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Stocks rose on Tuesday as investors eagerly awaited a fresh batch of earnings reports and closely monitored the latest movements in Treasury yields. The Dow Jones Industrial Average gained 204 points, or 0.6%. The S&P 500 …
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Spencer Platt | Getty Images Stock futures ticked higher on Monday morning as traders eagerly awaited the release of corporate earnings from tech industry giants. Futures tied to the Dow Jones Industrial Average rose 49 …
47 Mins Ago 30% of S&P 500 companies are set to report earnings this week Investors are eagerly anticipating the busiest week of earnings season, as 30% of companies in the S&P 500 are scheduled to report. Tech giants Alphabet and Microsoft are set to release earnings after the closing bell on Tuesday. Meta is …
Paramount Global Controlling Shareholder Shari Redstone Open to Transformative Deal Shari Redstone, the controlling shareholder of Paramount Global, is actively seeking a transformative deal but has yet to find the right opportunity, according to sources. Consolidation within the large media companies is necessary, although challenging due to current market conditions. Redstone has been open to …
An attendee is seen using a cutting-edge Meta Platforms Inc. Quest 3 virtual reality (VR) headset at an event in San Francisco, California. This event took place on September 18, 2023. Image source: David Paul Morris | Bloomberg | Getty Images In a move that could revolutionize augmented and virtual reality wearables, the Federal Communications …
A woman crossing a busy downtown San Francisco street suffered serious injuries when a hit-and-run driver collided with her, throwing her into the path of an oncoming driverless Cruise car that ran her over. The incident was captured by the autonomous vehicle’s recording which Cruise shared with the NBC Bay Area Investigative Unit. Courtesy NBC …
The Swedish “buy now, pay later” pioneer said Tuesday that its new design would help users find the items they want by using more advanced AI recommendation algorithms, while merchants will be able to target customers more effectively. Rafael Henrique | SOPA Images | LightRocket via Getty Images Swedish technology startup Klarna is revolutionizing the …
