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The CE 100 Index logged strong gains this past week, adding 2.8% and outperforming benchmarks like the NASDAQ and the Standards and Poor’s 500 Stock Index.
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Only one pillar of the CE 100 Index, the Communications segment, lost ground, slipping a slight 0.2%.
iRobot shares showed the most notable increase out of the names tracked, soaring 29% through the week. The...
When the thermometer starts to climb this summer, your electric bill will likely climb with it.
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That’s according to recent figures from the U.S. Energy Information Administration (EIA), showing that the average American home will spend around $186 per month on electricity during June, July and August.
That figure represents a 3.7% increase from last summer, and a 25%...
Will this be a long, hot summer for the U.S. economy?
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As The Wall Street Journal (WSJ) reported Sunday (June 8), while job growth held steady last month and unemployment remains lower, there are still risks facing the American economy.
For one, the labor market has been in a place where businesses aren’t hiring, but are also hesitant to fire workers.
But joblessness...
Microsoft is planning to rank artificial intelligence (AI) models based on safety.
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This effort is part of the tech giant’s effort to foster trust among its cloud customers as it sells them AI products from companies like OpenAI and xAI, the Financial Times (FT) reported Sunday (June 8).
Sarah Bird, Microsoft’s head of Responsible AI, told the FT the company would soon...
Private equity firms are reportedly rethinking exit strategies as initial public offerings (IPOs) remain scarce.
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In a report Sunday (June 8) following the industry’s annual European conference, the Financial Times (FT) said private equity (PE) executives were prioritizing other methods for exiting their investments, including breaking up businesses to sell them off in...
Apple is reportedly floundering in its attempt to upgrade its artificial intelligence (AI) voice assistant.
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The tech giant is holding its annual event this week, though investors are pessimistic about the chances of a major AI announcement, the Financial Times (FT) reported Sunday (June 8).
Recently departed employees told FT that Apple has been hit by challenges with...
A string of kidnappings involving cryptocurrency executives has prompted some unique new security measures.
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As CNBC reported Saturday (June 7), among those taking extra precautions is Didi Taihuttu, head of the so-called “Bitcoin Family.” He told the network he overhauled the family’s entire security setup following a string of threats.
According to the report, the...
Walmart is reportedly focusing on new and younger shoppers to offset the impact of tariffs.
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As CNBC reported late Friday (June 8), the retail giant has rolled out a new ad campaign, a clothing brand for tweens, and expanded drone deliveries to woo these consumers at a time when Americans are curbing their spending.
The report coincided with Walmart’s Associates Week...
American consumers likely saw somewhat faster inflation last month, especially for merchandise.
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That’s according to a report Sunday (June 8) by Bloomberg News, citing a survey of economists. That survey projected a 0.3% uptick in the price of goods and services — excluding volatile food and energy costs — in May, the biggest increase in four months.
According to the...
Meta is reportedly weighing a multibillion-dollar investment in artificial intelligence (AI) startup Scale AI.
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The tech giant is in talks with Scale AI about an investment that could exceed $10 billion, Bloomberg News reported Sunday (June 8), citing sources familiar with the matter.
Scale AI, which counts Microsoft and OpenAI among its clients, offers data labeling...