Google reveals its newest A.I. supercomputer, says it beats Nvidia
Google’s TPU-based supercomputer, called TPU v4, is “1.2x–1.7x faster and uses 1.3x–1.9x less power than the Nvidia A100,” Google researchers wrote.
UBS says this little-known food packaging stock can rally nearly 30%
Analyst Joshua Spector upgraded shares to buy from neutral. He maintained his price target of $59 per share.
Sweetgreen stock falls after Chipotle sues for trademark infringement over burrito bowl
Sweetgreen launched its “Chipotle Chicken Burrito Bowl” less than a week ago.
ETFs are setting the tone for the underlying bond market. Here’s why
MarketAxess CEO Chris Concannon says that ETFs are helping fast-track the modernization of the bond market as a whole.
Colleges ask Supreme Court to halt $6B student loan debt settlement
A judge has approved a class-action settlement that could lead to more than 200,000 loans being canceled based on claims that colleges misled students.
Biden EPA cracks down on mercury pollution from power plants
The proposal to limit mercury is latest action by the Biden administration to address environmental justice and air pollution.
Sutherland Springs victims say they’ve reached $144.5M settlement with DOJ
The “tentative agreement,” which is not fully settled yet, would end years of legal battle for more than 80 survivors and victims’ relatives.
Multiple killed and injured after tornado slices through southeastern Missouri
The Missouri State Highway Patrol is assisting Bollinger County and multiple local agencies in search and recovery efforts after the tornado in the Glenallen area, officials said.
Blockbuster pushed HBO to start investing in original content, cable giant’s ex-chief says
Blockbuster’s emergence in the late 1980s fueled HBO to bet on original content, according to former HBO and Time Warner CEO Jeff Bewkes.
Johnson & Johnson shares rise after company proposes baby powder cancer settlement
Wall Street analysts were encouraged by J&J’s proposal to pay $8.9 billion to settle claims that its baby powder and other talc products caused cancer.