Tag: programming

Posts with tag: programming

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Meta's AI Success: Outpacing Big Tech Rivals with Customer-Focused Investments

Meta's strong start to 2023 contrasts with struggles faced by other tech giants. The social media company's investments in AI are paying off, driving growth in ad sales and user engagement. Meta's open-source approach to AI models is also attracting attention, with the potential for future revenue streams.

Reddit's Q4 Earnings Preview: AI Partnerships and Ad Revenue Boosting Growth

Reddit earnings preview: Analysts expect another beat amid AI-fueled ad revenue growth

Inflation Fears Stoke Market Volatility

Hotter-than-expected January inflation data fuels concerns among investors and the Federal Reserve, leading to a potential shift in rate hike expectations and market volatility.

US jobs and growth at stake if tariffs imposed on Canadian steel, aluminum - Trudeau

Canada to retaliate against U.S. tariffs on steel and aluminum, says PM Trudeau. The tariffs could cost 75,000 U.S. jobs and hurt U.S. growth, Trudeau says.

Chevron Plans Job Cuts of 15% to 20% to Boost Efficiency

Chevron plans to cut 15%-20% of its global workforce, impacting up to 9,000 employees, as part of a cost reduction strategy aiming for $2-$3 billion in savings by 2026 to enhance efficiency and competitiveness.

Intel Stock Gains on Support for Domestic Chip Manufacturing

Intel's stock surged after VP Vance promoted domestic chip manufacturing, highlighting the company's role as a leading US hope for AI chip production despite facing challenges and internal issues.

Fed Chair Powell Resists Trump Pressure for Rate Cuts

Fed Chair Powell says Trump's calls for lower interest rates won't change Fed rate decisions. Powell spoke during his semiannual testimony to Congress

CVS Q4 Earnings Beat Estimates, Sending Stock Soaring

CVS Q4 and FY2024 Earnings Beat Estimates, Stock Jumps in Pre-Market Trading

Grocery Price Surges: Eggs, Orange Juice, and Coffee Hit Shoppers Hard

Breakfast staples like eggs, orange juice, and coffee see inflationary pressures as egg prices surge 53%, orange juice 7.7%, and coffee 3.1% year over year. Inflationary factors include bird flu, weather events, and macroeconomic conditions, leading to potential price increases and shortages.

Inflation Surges Higher in January, Complicating Fed's Path Forward

January inflation rises more than expected, with core prices reversing last month's easing trend, complicating the Federal Reserve's path forward.