OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | ReutersOpenAI on Thursday said the U.S. National Laboratories will be using its latest artificial intelligence models for scientific research and nuclear weapons security.Under the agreement, up to 15,000 scientists working at the National Laboratories may be able to access OpenAI’s reasoning-focused o1 series. OpenAI will also work with Microsoft, its lead investor, to deploy one of its models on Venado, the supercomputer at Los…
Author: usaeverydaylife
As January transfer window signings go, a 78-year-old American track and field coach is unconventional. For Manchester United and Ruben Amorim, even if it wasn’t the head coach’s call, it actually makes a lot of sense. The appointment of Harry Marra, on a consultancy basis for a few weeks, is designed to improve United individually and collectively at covering ground efficiently and repeatedly.Marra, who graduated from Syracuse University in 1974 with a master’s degree in physical education and exercise science, is best known for coaching USA decathlete Ashton Eaton to gold at the Olympics (London 2012, Rio 2016) and World…
Salwan Momika, an Iraqi immigrant who set off enormous protests when he burned a Quran in Stockholm in 2023, has been killed, the Swedish Prosecution Authority said Thursday morning.The police said that they had arrested five people and that a murder investigation had been launched. Mr. Momika had been set to appear in Stockholm District Court on Thursday on charges related to the 2023 incident, which resulted in protests in Sweden and across the Muslim world.The Stockholm police, who declined to confirm that Mr. Momika had been killed, said that there had been a shooting late on Wednesday in Sodertalje,…
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.Follow CNBC’s ECB live blog here. The European Central Bank announced a 25-basis-point interest rate cut on Thursday, as expected, in its fifth reduction since the central bank began easing monetary policy in June last year.The reduction brings the ECB’s deposit facility, its key rate, to 2.75%. Markets had been pricing in an over 90% chance of a 25-basis-point cut ahead…
Travelers check in at Southwest Airlines at Hartsfield-Jackson Atlanta International Airport on June 28, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty ImagesU.S. budget carrier Southwest Airlines’ fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter.Airlines across the U.S. have cut seating to boost fares after a surplus capacity, introduced last summer in anticipation of a demand surge, forced airlines to offer discounts and sacrifice margins.Airfares in December rose at their fastest pace in 21 months.This helped Southwest…
Analysts are sticking by Microsoft even after the company’s latest guidance was underwhelming. The company expects fiscal third-quarter revenue to range between $67.7 billion and $68.7 billion . Analysts polled by LSEG expected a forecast of around $69.8 billion. To be sure, Microsoft’s fiscal second quarter earnings and revenue exceeded estimates. Shares were down more than 4% following the report. That said, many analysts kept their bullish outlooks on the tech giant. Here’s what they had to say. Citigroup: buy, $497 per share price target Citi’s forecast calls for more than 12% upside ahead from Wednesday’s close. “We expect stock…
Check out the companies making headlines before the bell. United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume by more than 50% by the second half of 2026.” UPS also said it’s launching a multiyear effort to cut $1 billion in costs. Microsoft — Shares of the software giant dropped around 4% a day after it issued lighter-than-expected revenue guidance for the current quarter. Microsoft called for revenue of $67.7 billion to $68.7 billion in the fiscal third…
As thousands of homes started to burn across Los Angeles on Jan. 7, fire hydrants stopped working. The rapid spread of flames in winds up to 100 miles per hour was happening too quickly for water pumps to keep up. It shocked the system and those fleeing the flames.”This area is known for having fire issues, so you would think that they would be prepared for this,” said Joan Zoloth, 70, who said she first moved to the area when she was 6 years old.Zoloth’s childhood home burned down in the Palisades Fire. Her own home around the corner and…
A worker sorts products during Cyber Monday at the Amazon’s fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. Mike Segar | ReutersU.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, showed that the economy accelerated at a 2.3% annualized pace in the fourth quarter. Economists surveyed by Dow Jones had been expecting an increase of 2.5% after growth of 3.1% in the third quarter.The report closes out 2024…
Here are Thursday’s biggest calls on Wall Street: Edward Jones upgrades CVS to buy from hold The firm said the stock is an “attractive turnaround story.” “We are upgrading shares of CVS Health (CVS) to a Buy rating from a Hold. We believe CVS could be an attractive turnaround story with the potential for new management improving in its health insurance division, Aetna.” Stifel upgrades Edward Lifesciences to buy from hold Stifel said the heart value medical innovations solutions company has upside. “We are upgrading EW shares to Buy, from Hold, and increasing our price target to $90, from $75.”…
