Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple The topic of greatest interest to analysts on Apple’s quarterly earnings call on Thursday was a product that’s not even available to the general public yet. Apple Intelligence, the company’s forthcoming artificial intelligence system, could spur a fresh cycle
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Actor Jon Hamm playing Don Draper in Mad Men. Michael Yarish | AMC | AP Call Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That’s much more expensive than Netflix, Max, Peacock or
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images For investors who are skeptical of Meta’s massive spending on artificial intelligence and whether it will pay
Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Microsoft‘s relationship with OpenAI has officially become more complicated. On Tuesday, Microsoft added the artificial intelligence startup to the list of competitors in the
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Nvidia shares popped more than 11% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled no slowdown in the multi-billion
U.S. President Donald Trump speaks on Day 4 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 18, 2024. Jeenah Moon | Reuters Donald Trump is set to field reporters’ questions at the National Association of Black Journalists Annual Convention in Chicago on Wednesday, as he re-tools his presidential
Vice President Kamala Harris speaks to supporters in Atlanta, Georgia in her first visit to the city since accepting the candidacy. Tuesday, July 30, 2024. Ben Hendren | Sipa USA | via AP Images Vice President Kamala Harris pledged to lower costs for consumers by cracking down on high consumer prices and hidden fees, taking
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England â Massive airplane orders, hundreds deep in recent years, were absent from this year’s biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling
Delta Air Lines has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC’s Phil Lebeau reported on Delta’s hiring of
Democratic presidential candidate, U.S. Vice President Kamala Harris speaks to supporters during a campaign rally at West Allis Central High School on July 23, 2024 in West Allis, Wisconsin. Jim Vondruska | Getty Images A “White Dudes for Harris” online fundraising and organizing rally raised well more than $3 million for the presidential campaign of
Apple Intelligence introduced during Apple’s WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple Inc. Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software called Apple Intelligence was released in the
A McDonald’s restaurant is viewed on July 22, 2024 in Burbank, California. Mario Tama | Getty Images McDonald’s is expected to report second-quarter earnings before the bell on Monday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.07 expected Revenue: $6.61 billion expected The burger chain’s
Donald Trump during his speech at the 2024 Bitcoin Conference in Nashville, TN. The Washington Post | The Washington Post | Getty Images NASHVILLE â Former President Donald Trump stopped short of promising to establish an official U.S. bitcoin strategic reserve currency during his Saturday keynote speech at the biggest bitcoin conference of the year.
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Subway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending.
Whether they are the result of climate change or just freaks of nature, disasters can be costly. The NOAA National Centers for Environmental Information estimate that weather and climate disasters in the U.S. did nearly $93 billion in damage last year. “There’s really no place in the country that doesn’t have risk,” said Jeremy Porter,
Wherever you stand on the issue of climate change, chances are you are already paying for it. Take the cost of homeowners insurance, up 27% nationwide since 2021, according to data compiled by online insurance marketplace Insurify. And in some states, it’s far worse, like Louisiana, where premiums are projected to rise 23% this year
Dexcom shares sank more than 40% on Friday, their steepest decline ever, after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $43.85 to close at $64, wiping out more than $17 billion in market cap. Prior to Friday, the biggest drop came in September 2017,
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures price index increased 0.1% on the month and was up 2.5% from a year ago, in line with Dow Jones estimates,
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