Apple says its AI models were trained on Google’s custom chips
Apple is using chips designed by Google in building its advanced AI models, according to a paper published on Monday.
Apple releases first preview of its long-awaited iPhone AI
Apple on Monday released the first version of Apple Intelligence.
Rush hour isn’t what it used to be: Working 10-to-4 is the new 9-to-5, traffic data shows
As commuters settle into flexible working arrangements, a truncated workday has become the “new normal,” a recent report shows.
S&P 500 faces greater downside risk ahead, Bank of America says
Historically speaking, the broad market index for U.S. stocks is due for a downshift in coming months, the firm said.
U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. carriers are dialing back their capacity growth plans for the second half of the year.
Family offices are giving top staff equity and profit shares in battle for talent
Family offices are surging in size and number, and competing more directly with private equity firms and venture funds for top staff.
Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings
Though they’re not based in the U.S., Temu and Shein have captured the attention of Wall Street because of their potential impact on U.S. tech companies.
McDonald’s earnings, revenue miss estimates as consumer pullback worsens
McDonald’s stock has fallen 15% year to date, dragging its market value down to $181.2 billion.
Elon Musk retweets altered Kamala Harris campaign ad
In the video, Harris is seemingly exposing herself as an incompetent candidate for president. The origin of the video is not known at this time.
Fast-food chains battle for low-income diners with summer value meals
McDonald’s, Burger King and Taco Bell are among the fast-food chains with $5 value meals this summer.
