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Finance
Guggenheim upgrades Microsoft, says generative AI is ‘too strong’ to ignore
Generative AI advancements can help Microsoft bounce back from its recent losses, according to Guggenheim. Analyst John DiFucci upgraded the stock to neutral from sell, saying the…
Huawei stays silent on secretive 5G phone at high-profile product launch
Customers experience the new Mate 60 Pro smartphone at a Huawei-branded store in Shanghai, China, September 5, 2023.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese…
A top European software investor raises $700 million — defying the venture capital slump
Malte Mueller | Fstop | Getty ImagesDawn Capital, one of Europe's biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down…
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
Alain Jocard | AFP | Getty ImagesE-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company.Anthropic…
Central banks across Europe pause for breath after mammoth rate hike run, but face ‘triple dilemma’
Governor of the Bank of England Andrew Bailey attends the Monetary Policy Report press conference at the Bank of England, in London, on August 3, 2023. The Bank of England on…
Hollywood writers and studios reach tentative deal to end strike after nearly 150 days
Writers Guild of America members walk the picket line on the first day of their strike in front of Amazon studios on Tuesday, May 2, 2023, in Culver City, CA. Jay L. Clendenin |…
China’s cutthroat competition hasn’t been lost with the slowdown. EV companies fighting to win
My six-hour high-speed train ride from Beijing to Shanghai one afternoon last week felt like a WeWork on wheels. In a packed, second-class train car of about 90 people, many were…
Stock market today : Live updates
Congress remains divided on budget negotiationsCongress is still in a stalemate on the federal budget as GOP hard-liners refuse to budge on further spending cuts.Current spending…
Congress remains divided on budget negotiations as government shutdown looms: “Our financial ship is sinking”
U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters as he arrives for the day at the U.S. Capitol in Washington, U.S. September 18, 2023. Jonathan Ernst |…
Poll: Overwhelming majorities express concerns about Biden, Trump ahead of 2024 race
Republican presidential candidate and former President Donald Trump arrives to address the Pray Vote Stand Summit at the Omni Shoreham Hotel on September 15, 2023 in Washington,…