Tag: Business
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Anthropic says AI labs need coordinated plan to halt development if risks rise
June 4 : Anthropic said on Thursday frontier AI developers should establish a coordinated, verifiable way to slow down or temporarily pause development if advanced systems begin improving themselves faster than society can manage the risks. AI that can build itself would be a major development in the history
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Japan’s real wages extend climb in April, bolster BOJ rate-hike case
TOKYO, June 5 : Japan’s real wages climbed 1.9 per cent in April from a year earlier, government data showed on Friday, marking a fourth consecutive monthly gain, as higher special payments boosted overall earnings and improved household purchasing power.Here are a few details: • The Bank of Japan, w
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Cramer’s lightning round: Woodward is ‘a very good company’
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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CrowdStrike CEO says AI security fears will become a bigger tailwind in coming quarters
CrowdStrike CEO George Kurtz said it was too early for concerns surrounding Anthropic’s Mythos to meaningfully impact first-quarter results.
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Oil drops, stocks mostly higher despite AI concerns
NEW YORK: Oil prices and the dollar retreated Thursday (Jun 4) as traders tracked conflicting developments in the Middle East war, while equity markets mostly rose despite a disappointing outlook from US chipmaker Broadcom
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Exclusive-SpaceX tells banks it won’t move its $135-a-share IPO price
NEW YORK, June 4 : SpaceX told banks in its $75 billion initial public offering that it is set on the $135-a-share price that the firm disclosed on Wednesday in its amended IPO filing, sources told Reuters.The company’s decision is the latest sign that Elon Musk is intent on holding the largest ever initial
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Jim Cramer says Thursday’s rally shows investors’ ‘huge appetite’ for stocks
CNBC’s Jim Cramer said Thursday’s rally showed investors remain resilient and eager to buy stocks.
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US House lawmakers release draft bill to prohibit state AI rules
WASHINGTON, June 4 : A bipartisan pair of U.S. House lawmakers released draft legislation on Thursday that would prohibit states from regulating the development of artificial intelligence models, a move praised by tech firms but criticized by consumer rights advocacy groups. The draft legislation, released by
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Lululemon cuts annual outlook, citing ‘negative’ media commentary and disappointing product launches
Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.
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Honeywell’s Quantinuum valued at $17.6 billion as shares rise in Nasdaq debut
June 4 : Shares of Quantinuum rose 13.3 per cent in their Nasdaq debut, fetching a valuation of $17.63 billion as Honeywell’s quantum computing company became the latest to benefit from robust investor demand.The stock opened at $68, compared with its IPO price of $60. Breakthroughs in the fast-growing
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