Apple on Wednesday introduced the Apple Machine Learning Journal, a website for highlighting its artificial intelligence research. In contrast to academic research papers — the conventional format for publishing research — the blog posts on the new site appear in Apple’s signature San Francisco system font with plenty of white space, and blocks of text […]
Read morePinnacle Foods jumped amid fresh speculation that Conagra or some other bidder is interested in an acquisition of the company. “We cannot comment on market speculation,” said a Pinnacle spokesperson. Pinnacle stock was up more than 3.4 percent at $61.20 per share. Conagra Brands was also higher, up 1.3 percent. Sources had told CNBC in […]
Read moreMicrosoft shares have rallied nearly 40 percent in the last year, and traders are betting that there’s more room to run ahead of its earnings report Thursday after the bell. The tech giant hit another all-time high on Wednesday, as Wall Street continues to see more growth opportunity in its cloud business. According to Mike […]
Read moreYou won’t find “PlayerUnknown’s Battlegrounds” on any of The NPD Group’s monthly video game sales charts. It’s not available at GameStop. And it, officially, won’t be finished until the end of the year. (In fact, it’s quite buggy and has fairly shoddy graphics.) But that hasn’t stopped the online action game from selling nearly 5 […]
Read moreA U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar states from imposing driverless car rules. Representative Robert Latta, a Republican who heads the Energy and Commerce Committee subcommittee overseeing consumer protection, said he […]
Read moreMorgan Stanley’ research team highlighted several “high conviction” stock picks for investors ahead of the second quarter earnings season. The firm’s analysts highlighted 15 stocks in their note on Wednesday. “The team observes that recent revisions have been strong in Technology, Industrials, Health Care and Utilities, and weak in Energy, Discretionary and Materials,” the note […]
Read moreMKM Partners derivatives strategist Jim Strugger told investors Facebook is his best current earnings options trade idea. The call comes right after he won big on his Netflix earnings recommendation earlier this week. Earnings season is among the most volatile times for short-term traders and this one will be no exception with many cult stocks […]
Read moreTesla said SolarCity co-founder Peter Rive is leaving the company, eight months after the electric car maker bought the biggest U.S. residential solar panel maker. SolarCity was founded by Peter Rive and his younger brother Lyndon in 2006 with financial backing from their cousin and Tesla chief Elon Musk. Former SolarCity Chief Executive Lyndon Rive […]
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Call it the crude comeback. Oil is tracking for its second positive month of the year, and with the commodity now up 12 percent from its late June low, technician Scott Redler says we could be witnessing a major turnaround for crude and it could be a key driver for the markets this summer. “What […]
Read moreVerily — formerly Google Life Sciences — began releasing bacteria-infected male mosquitoes in Fresno, California. The release marks the launch of Debug Fresno, a field study that aims to rid the central California county of Aedes aegypti mosquitoes. Also known as yellow fever mosquitoes, they first arrived in the area in 2013 and are known […]
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