Month: June 2024
Apple shares pop to record high after company unveils AI software
Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple shares popped 5% to a new record high of around $203 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at […]
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Affirm get now, spend afterwards loans will be embedded into Apple Pay afterwards this 12 months
Crucial Factors Apple unit people will quickly be in a position to faucet into get now, pay out afterwards financial loans from Affirm for purchases, the companies said Tuesday. Affirm will floor as an possibility for Apple Fork out buyers on iPhones and iPads later on this 12 months. Resource
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Sotheby’s, Fanatics team up to offer rare sports trading card auctions
Fanatics wants to expand the sports trading card industry. Now it’s aiming to meet high-end collectors through a new partnership with Sotheby’s that will create a collection of auctions for trading cards valued at more than $100,000. The first live auction, scheduled to be held in September in New York, will include a 1948 Leaf […]
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Spotify to introduce more expensive subscription tier later this year, Bloomberg News reports
In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Spotify made an announcement that it will be raising the price of its Spotify Premium Individual plan by $1, from $10.99 to $11.99 per month and the Premium Family plan by $3, from $16.99 […]
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Norway discovers Europe’s largest deposit of rare earth metals
Neodymium is displayed at the Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. factory in Baotou, Inner Mongolia, China. Nelson Ching | Bloomberg | Getty Images Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and […]
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Warner Bros. Discovery strikes 10-year deal to broadcast the French Open in the U.S.
Spain’s Rafael Nadal reacts as he plays against Germany’s Alexander Zverev during their men’s singles match on Court Philippe-Chatrier on day two of The French Open tennis tournament at The Roland Garros Complex in Paris on May 27, 2024. Anne-christine Poujoulat | AFP | Getty Images Warner Bros. Discovery’s TNT Sports will be the new […]
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Reside updates: Hunter Biden jury resumes deliberations in gun trial
Hunter Biden, son of U.S. President Joe Biden, and his spouse Melissa Cohen Biden walk outside the house the federal court as his demo on felony gun rates proceeds, in Wilmington, Delaware, U.S., June 11, 2024. Hannah Beier | Reuters (This tale is acquiring and will be up to date throughout the day.) Jurors in […]
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‘A unique Nvidia proxy’: Morgan Stanley names a Taiwan stock as its new top pick
Morgan Stanley named a new top pick which it called a “unique Nvidia proxy.” That’s Aspeed Technology, a Taiwan-listed fabless chip designer which Morgan Stanley pointed out is Nvidia’s only supplier of baseboard management controller processors — a key component of the tech giant’s artificial intelligence graphics processing unit, GB200. On top of that, the […]
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Apple execs explain why its AI is different from competitors
Apple CEO Tim Cook (L); John Giannandrea (C), senior vice president of machine learning and AI strategy; and Craig Federighi (R), senior vice president of software engineering, speak during Apple’s annual Worldwide Developers Conference in Cupertino, California, on June 10, 2024. Nic Coury | AFP | Getty Images Apple fully embraced artificial intelligence on Monday, […]
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Shares generating the biggest moves premarket: Eli Lilly, Normal Motors, Shopify
Look at out the businesses earning headlines before the bell. Eli Lilly — Eli Lilly shares rose 2% right after a panel of Food and drug administration advisors advisable the acceptance of its Alzheimer’s drug acknowledged as donanemab. Standard Motors — The automaker’s inventory added a lot more than 1% immediately after its board approved […]
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