Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost
Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.
Microsoft says communities won’t see energy price hikes near data centers as utility costs rise
Microsoft is asking Wisconsin’s Public Service Commission to raise the electric rate the company pays for a data center in the state.
JPMorgan Chase says banks could fight Trump credit card rate cap: ‘Everything’s on the table’
Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
December core consumer prices rose at a 2.6% annual rate, less than expected
Post Content
RV buyers are trading up and this stock is set to benefit, Loop Capital says
The investment firm upgraded the recreational vehicle manufacturer to buy from hold.
Intel and AMD get upgrades at KeyBanc thanks to strong server demand for AI
KeyBanc upgraded both Intel and Advanced Micro Devices to overweight.
Stocks making the biggest moves premarket: L3Harris, JPMorgan, Delta, Intel, AMD and more
These are the stocks posting the largest moves in early trading.
Fanatics to launch sports media and entertainment studio
Fanatics Studios will create, produce and distribute films, documentaries, live events and digital series.
Salesforce releases updated Slackbot powered by Anthropic’s AI model
Slack is upgrading Slackbot, its personal assistant, with generative AI.
Pentagon to invest $1 billion in L3Harris rocket motor business, shares surge
The deal represents the latest U.S. investment in Corporate America, including a 10% stake in chipmaker Intel and investments in critical mineral producers.