Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at the company's WhatsApp-focused Conversations conference in London, the new product expands on existing business messaging services by enabling "agentic" capabilities in which the assistant can take actions like booking calendar appointments and closing sales on behalf of businesses. The company said more than 1 million businesses were already using earlier chatbot versions of such agents on WhatsApp and Messenger.
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Shares of USA Rare Earth (NASDAQ:USAR) gained 5% in early trading on Wednesday after the company announced it had entered into definitive agreements with the U. S.
Yardeni stated in a recent note that the stock market's surge to fresh record highs is being driven by strong corporate earnings rather than speculative enthusiasm.
June 3 (Reuters) - The S&P 500 and the Dow opened lower on Wednesday, as a flare-up in the Middle East conflict drove oil prices higher and cast doubt on a quick resolution to the war.
Cryptocurrency exchange Kraken says it plans to offer retail investors access to its upcoming initial public offeri...
Elon Musk-led SpaceX‘s upcoming IPO could trigger retirement funds, including 401 (k) accounts, worth trillions to invest in the commercial space flight giant following its June public listing. $30 Trillion Worth Of Retirement Funds In a post on X on...
Crypto trading is not for the weak-hearted. Unlike traditional market traders, crypto traders never truly clock out. They sleep with one eye open. Chilling over the weekend is a luxury. A crash or a hack can wipe their entire portfolio at 3 a.m. just as easily as at 3 p.m. Now, with ...
Investing.com -- Morgan Stanley has upgraded Yum Brands to Overweight from Equal-weight while downgrading Chipotle Mexican Grill to Equal-weight, arguing that the fast-food giant offers a more attractive combination of growth, value positioning, and technology-driven upside in an increasingly cautious consumer environment.
There is a new twist this year with the Fed's stress tests.
Starbucks is taking steps to crack the code on the afternoon business.
Investing.com -- Victoria's Secret was downgraded by both Jefferies and UBS on Wednesday after a nearly 50% post-earnings surge left analysts concluding the company's turnaround is now fairly reflected in the stock's valuation.
Robinhood Markets is expanding the services it can offer to registered investment advisory firms as the company seeks to drum up business for TradePMR, its unit that provides technology and asset-management and custody services to RIAs. At a company conference for advisors held this week in Washington, D.C., Robinhood unveiled new details about its client referral service, artificial intelligence capabilities, and access to IPOs for clients of RIAs. The moves signal how Robinhood intends to build on TradePMR, which it acquired just over a year ago.
Investors turned bullish on the meme stock following solid Q1 earnings and a new $2 billion buyback, with the eBay buyout offer still on the table.
Eli Lilly signed a collaboration and licensing agreement worth up to $1.9 billion with Ascidian Therapeutics to research and develop kidney-disease treatments.
The fallout from Saylor’s first Bitcoin sale in years keeps spreading, while Bernie Sanders and Elizabeth Warren want crypto out of your 401(k).
Investing.com -- The European Commission introduced new legislation on Wednesday aimed at strengthening domestic cloud, artificial intelligence and semiconductor sectors to reduce dependence on U.S. technology companies.
By Medha Singh and Twesha Dikshit June 3 (Reuters) - The S&P 500 and the Dow were poised to open lower on Wednesday, as a fresh Middle East flare-up pushed oil prices higher and cast doubt on a quick
UBS Lifts Oracle Price Target to $285, Sees AI Momentum Staying Strong
Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that memory chip prices have spiked six-fold in the past year, as manufacturers have struggled to keep up with Big Tech's AI infrastructure spending spree and prioritized higher-margin data center chips over those used in everyday devices. "What began as an AI infrastructure bottleneck is now spreading into hardware margins, device affordability, cloud costs, inflation and policy," Morgan Stanley said in a 66-page note, adding the crunch has "become a macroeconomic concern."
As the big wave of mega AI IPOs moves in, the retail crowd is probably eager to punch their ticket. Though it’s tough to tell where valuations will end on day one for the likes of Anthropic, OpenAI, and SpaceX, one thing is almost a guarantee: the trading activity is going to be wild. For ... The Real Winner in the Anthropic IPO Isn’t Anthropic, OpenAI, or Even Google.
Each of these companies is aiming to play a crucial role in the AI build-out.
HPE's Q2 call highlights record backlog, early Juniper benefits, and broadening AI demand as it raises FY26 guidance and maps FY27 targets.
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.
Credo Earnings Top Expectations. The Stock Is Rising on AI Expectations
Collectibles sales surged to nearly 42% of total revenue as net income rose to $389.6 million, the highest in company history
At the 24% federal bracket, a $1 million dividend portfolio generating roughly $45,000 in annual income can hand the IRS between $6,750 and $10,800 every year, depending on how much of that income is qualified versus ordinary. Inside a Roth IRA, that same income lands in your account untouched. This article walks through exactly what ... This Is What a $1 Million Dividend Portfolio Pays After Taxes
(Bloomberg) -- SpaceX’s initial public offering will likely make President Donald Trump’s already wealthy administration even richer.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonAndrew Left Found Guilty in Case That Spooked Short SellersTen officials ranging from spe
The president is seeking to impose duties on trading partners as his poll numbers dive in a key election year. It’s a risky bet.
Bernstein downgraded the stocks, citing headwinds from surging oil prices, the GLP-1 trend, and rising inflation.
SpaceX's growth story may be captivating, but there are also some significant risks that come with the stock that investors should be wary of.