TOKYO, Oct 3 (Reuters) – Oil surged on Monday as OPEC+ considered cutting output at its meeting later this week, while the pound appreciated after the British government announced it would would undo a controversial tax cut that had rocked UK markets. Asian stocks mostly fell over the holidays, although Japanese markets found support from …
Pound jumps after UK tax cut rescinded, oil climbs higher Read More »
The CIA, along with several other entities, has helped fund biotech firm Colossal Biosciences, which is trying to bring the woolly mammoth back from extinction, reports The Intercept. “Biotechnology and the broader bioeconomy are essential for humanity to grow further. It’s important that all facets of our government develop them and understand what’s possible,” said …
CIA invests in Woolly Mammoth Resurrection technology Read More »
Can John Deere become one of the world’s leading AI and robotics companies alongside Tesla and Silicon Valley tech giants in the next decade? This notion may seem incongruous with the general perception of the 185-year-old company as a heavy-metal maker of tractors, bulldozers and lawn mowers painted in the iconic green and yellow colors. …
How John Deere plans to build a fully autonomous farming world by 2030 Read More »
CNN Business — If you’ve ever wanted to use artificial intelligence to quickly design a hybrid between a duck and a corgi, now is the time to shine. On Wednesday, OpenAI announced that anyone can now use the most recent version of its AI-powered DALL-E tool to generate a seemingly unlimited range of images just …
SAN FRANCISCO, Sept 30 (Reuters) – Tesla (TSLA.O) CEO Elon Musk showed off a prototype humanoid robot ‘Optimus’ on Friday, predicting the electric vehicle maker would be able to produce millions of them and sell them for less than $20,000. – less than a third of the price of a Y model. “There’s still a …
Musk shows off Tesla’s humanoid robot, but warns it’s not ready yet Read More »
S&P 500 posts biggest September percentage decline in 20 years All three major U.S. stock indexes post three-quarter declines Core inflation data is warmer than expected Indices down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK, Sept 30 (Reuters) – The S&P 500 closed its biggest September decline in two decades on Friday, skidding across …
Wall St posts third straight quarterly loss as inflation weighs and recession looms Read More »
Shares of Micron Technology Inc. fell slightly in Thursday’s extended session after the memory chipmaker said it was taking steps to exit a current “unprecedented” market down cycle by scaling back plans to Capacity Building. For the first fiscal quarter, Micron MU, based in Boise, Idaho, +2.32% said it expects an adjusted loss of 6 …
Micron cuts capital spending to stem ‘unprecedented’ oversupply cycle Read More »
CNN — A few days before publicly announcing its investment on Twitter, Elon Musk texted Jack Dorsey. The former Twitter CEO has hinted that he no longer believes in the company he founded, according to new court filings in the legal battle between Musk and Twitter. Musk had quietly started building a large stake in …
Elon Musk’s texts show how his relationship with Twitter turned sour | CNN Business Read More »
CNN Business — If you’ve ever wanted to use artificial intelligence to quickly design a hybrid between a duck and a corgi, now is the time to shine. On Wednesday, OpenAI announced that anyone can now use the most recent version of its AI-powered DALL-E tool to generate a seemingly unlimited range of images just …
Micron Technology Inc. executives warned of a semiconductor slowdown in late June, but now say a “sharp and sudden” drop in demand has exceeded even those expectations, suggesting the current glut of chips could get worse. Micron MU, -1.94% reported a worse-than-expected fiscal fourth quarter on Thursday, with revenue down 23% from a year ago, …
Micron earnings suggest chip downturn could be worse than Wall Street expects Read More »
