Author: Editor-In-Chief
Check out the companies making the biggest moves in intraday trading. Abbott Laboratories, the maker of Ensure Nutrition Shakes, soared nearly 11%. Abbott raised its full-year adjusted earnings forecast, expecting it to be in the range of $5.45 to $5.60 per share, compared with its previous forecast of $5.38 to $5.58 per share. FactSet consensus was calling for $5.47 per share. ManpowerGroup – The recruitment company’s stock rose 33%. Manpower had expected sales to rise 2% to 6% in the third quarter, compared with the FactSet consensus estimate of 1.7%. Second-quarter adjusted earnings were 99 cents per share on revenue…
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany on February 25, 2026.Sven Hoppe | Picture Alliance | Getty Imagesmicrosoft CEO Satya Nadella told employees Wednesday that Anthropic’s restrictions on requests users can submit to Anthropic’s high-end artificial intelligence model, Fable, are meaningless.”When you use Fable, when you get rejected for some random reason, you feel like the last time you used a creation tool that was so editorially controlled,” Nadella told engineers working on Microsoft’s Copilot AI software, according to a copy of his remarks provided to CNBC. “That doesn’t make sense.”Microsoft declined to…
Google announced Thursday that users can now link to and interact with some of their go-to apps in AI Mode, the company’s conversational search experience. Apps supported at launch include Instacart, Canva, and YouTube. With this new update, Google is expanding its AI mode to go beyond just answering questions to completing tasks across the apps you use regularly. The tech giant may also want users to rely more on AI modes for things like planning and shopping. Additionally, this development will allow Google to better compete with rivals such as OpenAI’s ChatGPT and Anthropic’s Claude, both of which support…
The majority of adults in the United States make a living with the help of their parents. According to Northwestern Mutual’s 2026 Planning and Progress Survey, 42% of Americans say they rely on previous generations for financial support. This number includes 72% of Gen Z, more than half of Millennials, and one-third of Gen X. Megan McCoy, a financial therapist and professor at Kansas State University, says this kind of intergenerational support can evoke strong emotions, whether mom and dad are funding a cell phone plan or a down payment on a house. “When we talk about supporting adult children,…
An overall view of the SpaceX building and Starship rocket ahead of SpaceX’s initial public offering (IPO) at Starbase, Texas, USA on June 11, 2026. Gabriel V. Cardenas | Reutersspace x The company canceled the launch of its massive Starship rocket on Thursday, with CEO Elon Musk promising to try again “hopefully within the next few days.” The 90-minute launch window began at 6:45 p.m. ET, and within minutes the reusable rocket maker announced on a livestream that it was canceled for the day. “Some of the engines failed to start, causing an automatic launch abort,” Musk wrote in a…
Building an AI startup is one thing. It’s quite another to raise the largest seed round of the year before launching a product. On this episode of Build Mode, host and Startup Battlefield leader Isabelle Johannessen speaks with Andrew Dai, founder and CEO of Elorian and former Google DeepMind researcher, to reveal how his company raised a $55 million seed round at a $300 million valuation before generating any revenue or releasing a product. Andrew talks about how investors saw Elorian’s vision for visual AI, how he went about raising capital after leaving Google DeepMind, and why choosing the right…
Dallas Fed President and Chief Executive Officer Laurie Logan attends a research conference at the Dallas Fed on Friday, October 31, 2025 in Dallas, Texas, USA.Desiree Rios | Bloomberg | Getty ImagesDallas Fed President Laurie Logan argued Thursday that this week’s good inflation news is not enough, calling for “moderate” interest rate hikes to help the central bank win a battle it has been losing for the past five years.Logan, who is this year’s voting member of the Federal Open Market Committee, which decides interest rates, argued that inflation remains a big problem for American households and requires action from…
Recommended stories list of 3 itemsend of list Source link
Roblox on Thursday announced a new feature called “Build” that will allow users to design games from their mobile devices using AI. The build feature allows anyone to turn a simple text prompt into a basic game, even without programming experience. For example, if a user types “Let’s make a cozy adventure game set in the jungle,” the new feature will generate an initial version of the game that the user can modify and share with friends. “Leveraging a wide range of AI models, including both open source and proprietary Roblox models, Build handles gameplay mechanics, environments, characters, visual styles,…
Two different views on the housing market released Thursday point to the same problem, and one appears to be getting worse. Homes are too expensive to own and build. The number of pending home sales, which measures the number of existing homes under contract, fell 5.4% in June from May, according to the National Association of Realtors. Sales decreased by 0.3% from June 2025, which was significantly lower than analysts’ expectations.This number is the most timely indicator of market conditions, as it is based on people who decided to buy and close on a home in June. “The highest mortgage…