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Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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Meta: I Am Aggressively Buying The Drop (Rating Upgrade): Meta Platforms' strong EPS growth prospects, high FCF, and margins make shares an attractive deal for ...
seekingalpha.com/article/4686034-meta-i-am-aggressively-buying-the-drop-stock
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Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Meta's open source AI is a blow to Google and OpenAI: Mark Zuckerberg is ruining the market for his competitors with his open source strategy. Investors doubt ...
nzz.ch/technologie/facebook-konzern-meta-verschenkt-seine-kuenstliche-intelligenz-eine-kampfansage-an-google-und-openai-ld.1827392
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
- Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.
- Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.
- Microsoft's Azure cloud service could experience significant growth fueled by generative AI.
- Google and Amazon are also focusing on integrating AI into their cloud services.
Middle East: Dieter Hallervorden fights for Gaza: "Atrocities usually have a history. And no one is born a terrorist," writes Dieter Hallervorden in a Facebook ...
nzz.ch/feuilleton/wie-aus-einem-komiker-mit-opa-humor-ein-vorkaempfer-fuer-gaza-geworden-ist-ld.1827557
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
Meta Gets EU Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ sexual ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Synthesia takes next leap in AI video with ‘expressive avatars’: Synthesia says healthcare companies could use the new technology to create more empathetic ...
venturebeat.com/ai/synthesia-takes-next-leap-in-ai-video-with-expressive-avatars/
AI could kill off most call centres, says Tata Consultancy Services head: Chatbots will soon take over much of the work of human agents, forecasts chief of ...
ft.com/content/149681f0-ea71-42b0-b85b-86073354fb73
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Meta’s AI Spending Spree Is Boosting Chip, Networking, Server Stocks: Meta Platforms is headed for a phase of aggressive investments as it builds infrastructure ...
on.barrons.com/3wj7APn
Meta and Tesla: A Tale of 2 CEOs. Why Musk’s AI Plan Trumps Zuckerberg’s, and 5 Other Things to Know Before Markets Open.
barrons.com/articles/meta-tesla-stock-what-to-know-today-29ea8baa
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China vs. USA: TikTok controversy could strengthen democracy: China's stance on TikTok could inadvertently promote digital ethics and pave the way for stricter ...
t-online.de/digital/kolumne-nicole-diekmann/id_100392090/china-vs-usa-tiktok-kontroverse-koennte-demokratie-staerken.html
Breakingviews: TikTok’s fate matters only up to a point for Meta: The countdown clock is starting for TikTok, but Meta Platforms boss Mark Zuckerberg will only ...
reuters.com/legal/transactional/tiktoks-fate-matters-only-up-point-meta-2024-04-24/
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
Meta Dismay: The Bloomberg Open, Asia Edition: Good morning. Meta plunges on a disappointing outlook. The yen weakens further. And a Klimt painting is sold at a ...
bloomberg.com/news/newsletters/2024-04-24/meta-dismay-the-bloomberg-open-asia-edition
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Exclusive: Brev.dev joins forces with Akash Network to offer on-demand GPUs for AI developers
venturebeat.com/ai/exclusive-brev-dev-joins-forces-with-akash-network-to-offer-on-demand-gpus-for-ai-developers/
Unleashing Generative AI: Transforming Business with Real-World Applications – The AI Impact Tour
impact.venturebeat.com/ai-impact-tour/responsible-ai-in-healthcare-emerging-hipaa-compliant-strategies-and-technologies/
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
- OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.
- These upgrades are part of a wave of new large language models being released this year.
- Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram: WIRED found thousands of ads running on Meta’s social platforms promoting sexually ...
wired.com/story/ads-for-explicit-ai-girlfriends-swarming-facebook-and-instagram/
Mark Zuckerberg says Threads has 150 million monthly active users: Threads, the Twitter/X rival from Meta, is growing at a stable pace. The social network now ...
techcrunch.com/2024/04/24/mark-zuckerberg-says-threads-has-150-million-monthly-active-users/
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
With the introduction of AI Facebook may finally reach its target to ‘improve the world’
dailymaverick.co.za/article/2024-04-24-with-the-introduction-of-ai-facebook-may-finally-reach-its-target-to-improve-the-world/
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI: Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to ...
venturebeat.com/ai/nvidia-ceo-jensen-huang-personally-delivers-first-dgx-h200-to-openai/
Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
Alphabet’s (GOOGL) Cash Pile Raises Dividend Hopes on Wall Street: Alphabet Inc. is bringing in so much cash that hopes are rising it will take a page out of the ...
bloomberg.com/news/articles/2024-04-22/alphabet-s-cash-boom-is-raising-dividend-hopes-on-wall-street
Bitcoin falls below $64,000 as Meta, Microsoft and Google continue to drop: Slow economic growth and weak earnings reports in the tech sector have led to a ...
qz.com/bitcoin-ether-meta-ibm-microsoft-google-alphabet-1851435315
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Threads has 150 million monthly users: Meta’s Threads app now has more than 150 million monthly users, an increase of about 20 million new users since February
engadget.com/threads-has-150-million-monthly-users-215853190.html
Meta value falls $190bn as investors react to plan to increase spending on AI: Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow ...
theguardian.com/technology/2024/apr/25/meta-value-falls-190bn-as-investors-react-to-plan-to-increase-spending-on-ai
Snowflake launches Arctic, an open ‘mixture-of-experts’ LLM to take on DBRX, Llama 3
venturebeat.com/data-infrastructure/snowflake-launches-arctic-an-open-mixture-of-experts-llm-to-take-on-dbrx-llama-3/
The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
WhatsApp is enabling passkey support on iOS: WhatsApp users on iOS will soon have a more secure way to log in. Meta is rolling out passkey support for that ...
engadget.com/whatsapp-is-enabling-passkey-support-on-ios-182527962.html
Meta’s Earnings Need to Deliver. The Risk Is High.: Expectations—and the risk of a disappointment—are high as Meta Platforms, owner of Facebook and Instagram ...
on.barrons.com/3JzQKPe
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Meta Stock Is Headed for Worst Day in Years, Drop Shaves Billions Off Market Cap: Meta disappoints investors with slightly weaker-than-expected revenue guidance ...
barrons.com/articles/meta-stock-earnings-ai-zuckerberg-c4cb564f
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Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Disappointing Meta forecast pulls down tech peers in extended trade: Disappointing forecasts from Facebook parent Meta Platforms has proven contagious ...
reuters.com/technology/disappointing-meta-forecast-pulls-down-tech-peers-extended-trade-2024-04-24/
It Is Time For Technology To Give Up Its Leadership Position: Stocks like Meta that trade at a premium to the market face a violent reaction if growth slows ...
seekingalpha.com/article/4686076-it-is-time-for-technology-to-give-up-its-leadership-position
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Cohere releases toolkit to accelerate generative AI app development in the enterprise
venturebeat.com/ai/cohere-releases-toolkit-to-accelerate-generative-ai-app-development-in-the-enterprise/
Microsoft Phi-3: Tiny language model, huge implications for enterprise AI adoption
venturebeat.com/ai/microsoft-phi-3-tiny-language-model-huge-implications-for-enterprise-ai-adoption/
Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
cnbc.com/2024/04/25/dow-drops-more-than-600-points-on-inflation-and-growth-concerns-live-updates.html
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Meta’s A.I. Assistant Is Fun to Use, but It Can’t Be Trusted: Despite Mark Zuckerberg’s hope for the chatbot to be the smartest, it struggles with facts ...
nytimes.com/2024/04/24/technology/personaltech/meta-ai-facebook-instagram-chatbot.html
Stock Markets Today: Anglo American, yen, Meta, bank earnings: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-25/stock-markets-today-anglo-american-yen-meta-bank-earnings
Why Meta is looking to the fediverse as the future for social media: Meta’s move into the open social web, also known as the fediverse, is puzzling ...
techcrunch.com/2024/04/25/why-meta-is-looking-to-the-fediverse-as-the-future-for-social-media/
Facebook parent Meta relies fully on artificial intelligence: Facebook's mother Meta makes a lot of money from advertising. In the future, particular emphasis ...
tagesschau.de/wirtschaft/facebook-meta-ausblick-100.html
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta Misfire: The stakes are high as two of the biggest artificial intelligence players prepare ...
bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire
Meta shares sink after it reveals spending plans: The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
bbc.com/news/articles/cl40v5x483yo
Meta shares fall as it predicts higher expenditure on AI : Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sector
ft.com/content/6f00608a-8392-4062-b1f2-fb63910ac2dd
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Showtime Series ‘Your Honor’ Starring Bryan Cranston To Stream on Netflix in the US
whats-on-netflix.com/news/showtime-series-your-honor-starring-bryan-cranston-to-stream-on-netflix-in-the-us/
Morning Bid: Tesla catches break, Meta next; TikTok countdown: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-24/
Salesforce Einstein Copilot brings new reasoning and actions to enterprise generative AI
venturebeat.com/ai/salesforce-einstein-copilot-brings-new-reasoning-and-actions-to-enterprise-generative-ai/
Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Perplexity hits unicorn status with $63M investment, launches secure AI enterprise search
venturebeat.com/ai/perplexity-hits-unicorn-status-with-63m-investment-launches-secure-ai-enterprise-search/
Confronting the ethical issues of human-like AI: As AI becomes indistinguishable from humans, tech leaders must confront urgent ethical issues around ...
venturebeat.com/ai/confronting-the-ethical-issues-of-human-like-ai/
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
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The Meta-morphosis of Mark Zuckerberg: The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley ...
nytimes.com/2024/04/24/style/mark-zuckerberg-new-look.html
AutoAlign spins off from Armilla, launches AI security platform ‘Sidecar’: AutoAlign, an AI security solutions provider, spins off from Armilla ...
venturebeat.com/security/autoalign-spins-off-from-armilla-launches-ai-security-platform-sidecar/
Threads reportedly has more daily active users than Twitter: Mark Zuckerberg's plan to overtake Elon Musk's X with Threads is slowly bearing fruit ...
t3n.de/news/threads-hat-angeblich-mehr-taeglich-aktive-nutzer-als-twitter-1621284/
Apple releases OpenELM: small, open source AI models designed to run on-device: In terms of performance, the OpenLLM results shared by Apple show that the new ...
venturebeat.com/ai/apple-releases-openelm-small-open-source-ai-models-designed-to-run-on-device/
The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
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DJT Stock Slips. Why Trump Media Doesn’t Trade Like Other Social-Media Companies.
barrons.com/articles/djt-stock-price-trump-media-truth-social-fbe03407
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Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
- Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.
- In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.
- Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.
- In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
William Shatner faces backlash for using AI art cover on new music album: He may not be playing Captain Kirk anymore, but Shatner clearly retains some of Kirk's ...
venturebeat.com/ai/william-shatner-faces-backlash-for-using-ai-art-cover-on-new-music-album/
DHDL: Bye Bye Toe introduces briefs against cameltoe: When pants pull into the crotch, a so-called “camel toe” is created. Marie Mueller, on the other hand ...
businessinsider.de/gruenderszene/business/kein-cameltoe-mehr-dhdl-gruenderin-praesentiert-den-loewen-neuartigen-slip/
More than half of US has tried generative AI according to Adobe Analytics: 41% of Americans now expect brands to use gen AI to enhance customer service ...
venturebeat.com/ai/more-than-half-of-us-has-tried-generative-ai-according-to-adobe-analytics/
OpenAI shrugs off Meta’s Llama 3 ascent with new enterprise AI features: OpenAI, is shrugging off the rise of nearly equally powered open source rivals by ...
venturebeat.com/ai/openai-shrugs-off-metas-llama-3-ascent-with-new-enterprise-ai-features/
The Morning After: Meta teases a limited-edition Quest headset inspired by Xbox: The biggest news stories this morning: Grindr sued for allegedly sharing users’ ...
engt.co/3w3bfko
Russian court sentences Meta spokesperson in absentia to six years in prison: A Russian court has sentenced a Meta spokesperson in absentia to six years in ...
engt.co/3U83nWF
Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Meta’s Advertising Business Keeps Rolling as AI Aspirations Rise: Meta Platforms reported record first-quarter sales, as it continued building on AI-powered ...
on.wsj.com/3UwsX99
These Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Microsoft, Alphabet, and More
barrons.com/articles/stock-market-movers-f298e9b0
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Meta Platforms: Expect Shares To Pop On Strong Earnings, Again: Meta Platforms is poised for impressive advertising revenue growth, expected to capture 50% of ...
seekingalpha.com/article/4684979-meta-platforms-expect-shares-to-pop-on-strong-earnings
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Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
qz.com/meta-ai-tool-users-instagram-chatgpt-1851430125
Mark Zuckerberg spilled the beans on his new chain necklace look: Mark Zuckerberg's been in the spotlight recently thanks to his chain necklace ...
businessinsider.com/mark-zuckerberg-dug-into-new-chain-necklace-look-2024-4
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Meta Horizon OS: Other manufacturers get access: Meta wants to find new partners and deliver its system to more people. For this reason ...
stadt-bremerhaven.de/meta-horizon-os-andere-hersteller-bekommen-zugriff/
Mabl launches an AI-powered low-code mobile app testing service: Mabl unveils a testing service that uses AI and requires little coding knowledge to help ensure ...
venturebeat.com/ai/mabl-launches-an-ai-powered-low-code-mobile-app-testing-service/
TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama: In this week’s newsletter: While Apple removed the platform from App Stores ...
theguardian.com/technology/2024/apr/23/techscape-apple-app-store-china-tiktok-meta-llama
Amazon Bedrock continues to lay down generative AI foundation for the cloud: Amazon Bedrock update brings new custom model and guardrails capabilities to help ...
venturebeat.com/ai/amazon-bedrock-continues-to-lay-down-generative-ai-foundation-for-the-cloud/
Meta stock plunges 12% on lukewarm earnings, despite strong advertising numbers: The social media company said it had a 'good start to the year ...
fastcompany.com/91112579/meta-stock-plunges-2024-q1-earnings
TikTok Is Close to Being Banned. 4 Key Questions, Answered.: Congress is on the verge of passing a bill that could ban TikTok unless Chinese owner ByteDance Ltd ...
barrons.com/articles/tiktok-ban-congress-vote-news-1fe6cd76
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Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Meta Results: $350 Billion Rally to Collide With Lofty AI Expectations: When it comes to social-media stocks, there’s Meta Platforms Inc., and then there’s ...
bloomberg.com/news/articles/2024-04-24/meta-s-350-billion-rally-to-collide-with-lofty-ai-expectations
Exclusive | AI Developers Agree to New Safety Measures to Fight Child Exploitation
wsj.com/tech/ai/ai-developers-agree-to-new-safety-measures-to-fight-child-exploitation-2a58129c
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