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Serve Robotics Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Serve Robotics Q2 Earnings Call Highlights

Serve Robotics (NASDAQ:SERV) reported second-quarter revenue growth but sharply reduced its full-year outlook after delivery volume through Uber declined for the first time in 17 quarters, prompting the company to reassess the future of the partnership and redirect resources toward other channels.

Nasdaq set to lead US markets higher as payrolls data looms
Proactive6d agoneutral
Nasdaq set to lead US markets higher as payrolls data looms

8am: Positive start expected as market eyes payrolls data US markets are pointed higher ahead of July's non-farm payrolls data, due out before the open, with the Nasdaq set to lead the way. Nasdaq futures point to a 0.5% gain, S&P futures are up 0.2%, and Dow futures are firmer by less...

Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch
Reuters6d agoneutral
Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch

Take-Two Interactive maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date for ‌its highly anticipated title "Grand Theft Auto VI", bringing the blockbuster ‌release one step closer to fans. Shares of the company were marginally up in volatile premarket ​trading after Take-Two projected current-quarter bookings below Wall Street estimates, signaling continued weakness from the lack of new titles ahead of "GTA VI" release. The videogame publisher began taking pre-orders for "GTA VI" on June 25, but did not ‌provide any details on ⁠demand trends in its earnings report.

AI Chips Update - AMD Advances AI Strategy With Taalas Acquisition
Simply Wall St.6d agoneutral
AI Chips Update - AMD Advances AI Strategy With Taalas Acquisition

Advanced Micro Devices (AMD) has announced a definitive agreement to acquire Taalas, a specialist in AI inference silicon, aiming to enhance its compute solutions in the dynamic AI inference market. Taalas’ technology, which optimizes inference dataflows to reduce compute and memory bottlenecks, is set to bolster AMD’s AI roadmap by improving inference performance and efficiency. The acquisition will enable AMD to integrate Taalas’ solutions with its existing hardware and software platforms,...

Inside Amazon’s AI Security Playbook
The Wall Street Journal6d agoneutral
Inside Amazon’s AI Security Playbook

Amazon, with the staff and funds to experiment with any AI model out there, has come to some interesting conclusions about using the technology well. First, pairing a smart human with the AI matters, says Stephen Schmidt, Amazon’s chief security officer.

Benzinga6d agoneutral
Joby CEO: Aviation's Biggest Disruption Since Jet Engine Is Here

Joby Aviation Inc. has spent years positioning itself at the forefront of electric air taxis. But during the company’s second-quarter earnings call, founder and CEO JoeBen Bevirt pointed investors toward a technology he believes could eventually reshape aviation on an...