• ACN
• AMZN
• DASH
• META
• MSFT
• NMR
• T

Meta says its Llama AI models being used by banks, tech companies

Meta's Llama AI models are widely adopted by major companies for various functions, demonstrating utility and competitiveness, despite challenges with logical tasks and factual accuracy.

• AMD
• AMZN
• AVGO
• GOOGL
• MSFT
• NVDA
• US500

Nvidia's rally takes a break after forecasts fall short of investor expectations

Nvidia shares dropped over 6% after a forecast missed high expectations, with analysts divided on implications for AI confidence and potential buying opportunities amid regulatory concerns.

• ACI
• AMZN
• COST
• DLTR
• KR
• WMT

Surging grocery prices in focus as US tries to stop Kroger deal

The FTC is attempting to block Kroger's merger with Albertsons, citing concerns over rising grocery prices and diminished competition, while Kroger argues it will benefit consumers.

• AMZN
• CLSK
• GOOGL
• MS
• MSFT

AI's race for US energy butts up against bitcoin mining

U.S. tech companies are competing with bitcoin miners for energy resources, as rapid AI growth increases electricity demand, impacting miners' operations and causing strategic shifts in the industry.

• AAPL
• AMZN
• DIS
• NFLX
• SONY

Factbox-Top streaming platforms in content-hungry India

• AMZN
• GOOGL
• META
• TSLA

Explainer-Big Tech wants AI to be regulated. Why do they oppose a California AI bill?

California's SB 1047 aims to regulate AI development, requiring safety tests and compliance measures, but faces opposition from tech leaders and concerns about its impact on innovation.

• AMZN
• WMT

Walmart unveils new marketplace seller services for holiday boost

Walmart is enhancing its marketplace services for sellers by managing their goods' transport from Asia and offering financial incentives ahead of the holiday season to compete with Amazon.

• AMZN
• AVGO
• BA
• CL
• DAY
• DIS
• DJI
• DX
• EUR/USD
• GC
• INTC
• IXIC
• JKHY
• KO
• LCO
• MMM
• MU
• SMCI
• US500
• USD/JPY
• VFC
• VIX

U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.16%

U.S. stocks experienced mixed performance, with the Dow Jones reaching an all-time high, driven by gains in Oil, Telecoms, and Utilities. Commodities and Forex also fluctuated.

• AMZN
• FUBO
• META

Floki Announces Major Ad Campaign for Valhalla in the English Premier League for 2024-25 Season

Floki announces a major advertising campaign for Valhalla, its MMORPG, during the English Premier League season, aiming for extensive global visibility and audience engagement.

• AMZN
• BB
• BLK
• C
• CHK
• CRM
• CSCO
• DIS
• EBAY
• EL
• ENB
• FDX
• GOOGL
• IBM
• INTC
• LCID
• LEVI
• LMT
• M
• MS
• MSFT
• NKE
• NVAX
• PLL
• PYPL
• SPR
• TRP
• TSLA
• UPS
• W
• WMT

Factbox-Layoffs pile up in US, Canada as companies uncertain of economy

In 2024, major companies in the US and Canada continue job cuts amid economic uncertainty, with significant layoffs announced across various industries including technology, automakers, and media.