Apple has a new batch of AI features arriving in time for the holidays
Siri and emojis are expected to get an AI update with iOS 18.2. Apple has one more AI drop in store for consumers this year. Apple Intelligence, its highly anticipated genAI software, launched with the first set of features on October 28, and the tech giant said it plans to continue the rollout in December.…
How tax-deferred investing can increase a portfolio’s value by 23% and the account that provides a triple benefit
Nothing is less exciting than thinking about taxes, especially when the bill is coming due. And once you cross into the first quarter of the year, little can be done to reduce your tax liability, especially if you’re a W2 employee. That’s why thinking about deferral strategies is a great way to reduce how much…
Watch the AI robots that Jeff Bezos just invested in fold laundry and put eggs in a carton
Jeff Bezos is one of the investors in Physical Intelligence’s latest funding round. Jeff Bezos’ latest investment is an artificial intelligence startup that is trying to create software for robots that can do a variety of tasks — from folding laundry to clearing tables after a meal. The startup, Physical Intelligence, has raised $400 million…
HPE CEO tells B-17 why he’s redoubling DEI initiatives as some companies waver
US company Hewlett Packard Enterprise President and Chief Officer Executive Antonio Neri gives a conference at the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 27, 2024. Hewlett Packard Enterprise CEO Antonio Neri started his career at the company as a “Customer Service Engineer” in a call center nearly…
5 parts of the market moving on Trump’s falling election odds
A surprise shift in a key presidential poll over the weekend has swung betting odds toward Kamala Harris, hitting a host of “Trump Trades” that have rallied in recent weeks. A poll released over the weekend had Harris leading former President Donald Trump in Iowa, 47% to 44%. The poll, from Des Moines Register/Mediacom and…
Netflix gaming exec reveals a new AI role after the shutdown of a buzzy games studio and layoffs
Netflix is winning the streaming wars Mike Verdu, Netflix’s former games chief, has moved into a new role: he’s now leading a generative AI gaming division at the streaming giant. Verdu wrote on LinkedIn late Sunday that he’d be focused on a “creator-first vision for AI” and that he sees AI helping big and small…
Stock market today: Indexes trade lower as investors brace for US election
A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. US stocks traded slightly lower on Monday as investors prepared for an action-packed week of events. All eyes are on the US Presidential election, with polls set to close Tuesday evening.…
Chip fever has created an $11 billion debt market backed by Nvidia’s AI-enabling GPUs
Top Wall Street firms have loaned billions to a handful of tech companies that have used Nvidia’s artificial intelligence-enabling GPUs as collateral, The Finanacial Times reported. According to the FT, big financial institutions including BlackRock, Blackstone, Pimco, and Carlyle, have made over $11 billion in loans to “neocloud” companies, tech companies that provide cloud services…
Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
The Federal Reserve isn’t finished with aggressive interest rate cuts this year, a Citi economist said on Monday. According to Veronica Clark, deteriorating labor dynamics will force the central bank to cut rates by 50 basis points in December. “We see this weakening labor market dynamic across a number of different data points: low hiring…
