Mark Zuckerberg, CEO of Meta Platforms. Artificial intelligence has been an integral focus for the tech giant’s leader amid competition from players like OpenAI, Microsoft and Google.David Paul Morris | Bloomberg | Getty ImagesMeta on Wednesday announced it’s rolling out a new AI “world model” that can better understand the 3D environment and movements of physical objects.The tech giant, which owns popular social media apps Facebook and Instagram, said its new open-source AI model V-JEPA 2 can understand, predict and plan in the physical world. Known as a world model, these systems take inspiration from the logic of the physical…
Author: usaeverydaylife
The deep-sea environs of the Earth’s poles are home to mysterious ocean creatures: giant sea spiders, Antarctic sea pigs, phantom jellyfish. Finding and identifying these animals can be difficult, however; some are known only because researchers found their remains in fishing nets or in the bellies of seabirds. But on Christmas Day last year, the crew of the R/V Falkor (Too), the Schmidt Ocean Institute’s research vessel, caught sight of a creature never before seen alive.The team had planned to deploy its remotely operated vehicle, SuBastian, in a site known as the Powell Basin, but the movement of ice blocks…
First Solar is now the “only game in town” thanks to the likely passage of legislation by the Senate designed to disrupt the supply chains of the renewable energy industry, according to Jefferies. Jefferies upgraded First Solar to buy from hold, with a stock price target of $192, up from $157 previously, implying nearly 17% upside from Tuesday’s close of $164.62 shares. The Senate appears likely to pass legislation that would quickly phase out Inflation Reduction Act tax credits for clean energy companies that receive “material assistance” from some foreign suppliers. The provision essentially targets imports of basic materials from…
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersPresident Donald Trump and Vice President JD Vance are now double-teaming the Federal Reserve in an effort to get lower interest rates.In a social media post Wednesday morning on X, Vance echoed his boss’s urging that the central bank ease monetary policy, after the latest inflation readings showed that tariffs are yet to exert any substantial upward pressure on inflation.”The president has been saying this for a while, but it’s even more clear: the refusal by…
Immigration and Customs Enforcement agents detain a man after conducting a raid at the Cedar Run apartment complex in Denver, Colorado, U.S., Feb. 5, 2025. Kevin Mohatt | ReutersA recent memo to immigration judges obtained by NBC News provides fresh insight into how the Trump administration is pulling off a new tactic — dismissing pending immigration cases, then immediately moving to arrest the immigrants — that is part of its bid to quickly increase the number of immigrants it is detaining.In the memo, the Justice Department instructs immigration judges, who report to the executive branch and are not part of the independent judiciary,…
Here are Wednesday’s biggest calls on Wall Street: Baird upgrades Urban Outfitters to outperform from neutral Baird upgraded the stock after an analyst event and said shares of Urban are too attractive to ignore. “With consistent execution, we think URBN is positioned to sustain a durable LDD% [low double digits] EPS-growth algo.” Morgan Stanley initiates TD Synnex as overweight Morgan Stanley said the IT distributor has “solid execution.” “Long-term IT spending strength and an increasingly complex IT ecosystem are secular tailwinds for the world’s largest IT Distributor, TD Synnex.” Piper Sandler reiterates Tesla as overweight Piper said it sees more…
Consumer prices rose less than expected in May as President Donald Trump’s tariffs had yet to show significant impact on inflation, the Bureau of Labor Statistics reported Wednesday.The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for the month, putting the annual inflation rate at 2.4%. Economists surveyed by Dow Jones had been looking for respective readings of 0.2% and 2.4%.Excluding food and energy, core CPI came in respectively at 0.1% and 2.8%, compared to forecasts for 0.3% and 2.9%. Federal Reserve officials consider core a better measure of long-term trends,…
U.S. President Donald Trump takes questions from the media at the White House in Washington, D.C., U.S., May 7, 2025.Leah Millis | ReutersU.S. President Donald Trump Wednesday said that China will supply rare earths upfront to the U.S. as part of a trade agreement.The relationship between the world’s two largest economies is “excellent,” Trump said in a post on Truth Social, while adding, “WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%.”He added that magnets and “any necessary rare earths” will be supplied up front by China and that the U.S. will in turn make certain concessions…
A second night of rioting and disorder struck the town of Ballymena in Northern Ireland on Tuesday, as anti-immigrant protests spread to several other areas and the police warned of “hate-fueled acts.”Homes, businesses and vehicles were again attacked in the Clonavon Terrace area of Ballymena, where several properties were set on fire on Monday night following a demonstration over the alleged sexual assault of a teenage girl.Police officers came under “sustained attack” with petrol bombs, bricks and fireworks on Tuesday evening, according to a statement from the Police Service of Northern Ireland, and 17 officers were injured.The police used a…
Check out the companies making headlines in premarket trading. GameStop — Shares of the video game retailer slipped 4%. GameStop posted first-quarter revenue of $732.4 million, down from the $881.8 million figure seen in the same period a year prior. Tesla — The electric vehicle maker rose 1.7%, on track for its fourth straight winning day. That comes after shares cratered last week following CEO Elon Musk’s online feud with President Donald Trump. Musk said on Wednesday that he regrets some of the social media posts he made regarding Trump. Quantum computing — Quantum computing stocks advanced after Nvidia CEO…
