General News

(Updated - June 10, 2024 11:28 AM EDT)

Investing.com -- U.S. stock futures were mixed Monday, ahead of the release of key inflation data and the latest Federal Reserve meeting this week.

Here are some of the biggest U.S. stock movers today:

• Apple (NASDAQ: AAPL) stock was choppy ahead of the start of the tech giant’s annual developer conference, where it’s expected to showcase how it is integrating artificial intelligence across its software suite, including a revamped Siri... (continue reading...)

By Nora Eckert

(Reuters) -The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build electric vehicle batteries for General Motors.

Ultium Cells is a joint venture between GM and LG Energy Solution. Hourly workers at the Ohio plant near Cleveland, which GM previously shuttered, voted in favor of joining the union in December 2022.

UAW... (continue reading...)

(Reuters) -Facebook owner Meta Platforms plans to start incorporating social media content from Europe to train its generative artificial intelligence models, the company said on Monday.

Meta will train its Llama large language models using content that people in the European Union have chosen to share publicly on its platforms such as Instagram and Facebook, it said in a blog post.

The shift appears to bring the company's approach in Europe... (continue reading...)

Investing.com -- U.S.-listed shares in Perion Network (NASDAQ: PERI) shed around a fifth of their value in premarket trading on Monday after the advertising technology group slashed its revenue guidance.

In a statement on Monday, Perion said Microsoft (NASDAQ: MSFT)'s Bing internet search service had notified the company of its decision to "exclude a number of publishers from its search distribution marketplace." No other specific names were provided by Perion.

As a... (continue reading...)

Apple (NASDAQ: AAPL) is expected to unveil its highly anticipated AI strategy at its annual Worldwide Developers Conference (WWDC), an event that Wedbush analysts believe could initiate an AI-driven accelerated growth cycle for the iPhone and Services, setting the stage for Apple's narrative in the coming years.

“In our view WWDC represents the most important event for Apple in over a decade as the pressure to bring a generative AI stack of technology for developers and... (continue reading...)