An Apple logo is displayed on a smartphone with stock market values in the background.SOPA Images | LightRocket | Getty ImagesApple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported on Monday.Shares of the iPhone maker, which had traded down earlier in the session, closed 2% higher on Monday.Apple has had discussions with both companies about using their large language models for Siri, asking them to train versions of their LLMs that could run on Apple’s cloud infrastructure for testing, the report said, citing people familiar with the discussions.Apple’s investigation into third-party models is at an early stage and the…
Author: usaeverydaylife
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s Alex Sherman joins ‘Fast Money’ with comments from the WNBA Commissioner on plans to expand the league with three new teams.03:434 hours ago Source link
CNBC’s Jim Cramer on Monday suggested that young investors are driving market action by putting their money into newer companies that promote ideas they find exciting.”Long story short, these younger investors reward bold behavior,” he said. “They punish companies like Apple, which seems to have an aversion to being bold and, instead, like to buy back stock. That’s anathema to these younger buyers — to them, buying back stock is what you do when you’ve run out of ideas.”According to Cramer, there is “a whole host of stocks that are roaring on what can only be described as a re-valuation…
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 ImagesMark Zuckerberg said Monday that he’s creating Meta Superintelligence Labs, which will be led by some of his company’s most recent hires, including Scale AI ex-CEO Alexandr Wang and former GitHub CEO Nat Friedman.Zuckerberg said the new AI superintelligence unit, MSL, will house the company’s various teams working on foundation models such as the open-source Llama software, products and Fundamental Artificial Intelligence Research projects, according to an…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s MacKenzie Sigalos reports from Cannes, where Robinhood just unveiled tokenized shares of OpenAI and SpaceX — part of a larger push to put its entire brokerage stack on-chain and enable round-the-clock trading. Source link
Shanghai Bund skyline panoramaYangna | E+ | Getty ImagesAsia-Pacific markets traded mixed Tuesday as investors assessed the record gains on Wall Street and the global impact of U.S. President Donald Trump’s tariff policies as his 90-day tariff reprieve is set to expire next week.U.S. Treasury Secretary Scott Bessent said on Monday that there are “countries that are negotiating in good faith.” However, he added that tariffs could still “spring back” to the levels announced on April 2 “if we can’t get across the line because they are being recalcitrant.”Japan’s Nikkei 225 benchmark fell 1.03% after hitting an over 11-month high in its previous session, while…
Amazon CEO Andy Jassy said the rapid rollout of generative artificial intelligence means the company will one day require fewer employees to do some of the work that computers can handle.”Like with every technical transformation, there will be fewer people doing some of the jobs that the technology actually starts to automate,” Jassy told CNBC’s Jim Cramer in an interview on Monday. “But there’s going to be other jobs.”Even as AI eliminates the need for some roles, Amazon will continue to hire more employees in AI, robotics and elsewhere, Jassy said.Earlier this month, Jassy admitted that he expects the company’s…
The S&P 500 posted a fresh record close on Monday, wrapping up a stunning second-quarter rebound. Here’s what’s on CNBC’s radar going into Tuesday. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
Traders work at the New York Stock Exchange on June 25, 2025.NYSEU.S. equity futures were little changed on Monday night after the S&P 500 notched another record to close out a stunning quarter.Futures tied to the Dow Jones Industrial Average slipped 15 points, or less than 0.1%. S&P 500 futures dropped 0.06%, while Nasdaq 100 futures lost 0.05%.In regular trading, the broad market S&P 500 advanced 0.52%, posting another record close, while the tech heavy Nasdaq Composite also rose to fresh all-time highs, gaining 0.47%. The blue-chip Dow climbed 275.50 points, or 0.63%.Monday’s moves came after Canada walked back its digital services…
