OpenAI developing web search product - The Information

Nvidia and these two Magnificent 7 stocks are 'attractively undervalued' says analyst

February 15, 2024 7:00 AM EST

Rental rates have been sluggish in showing the typical seasonal upticks seen during the summer months. However, a modest increase of 0.6% in January hints at a gradual balancing of demand and supply, according to Singular Research.

A regression toward normalization is essential to align with a 1-year Treasury bill fair value at PCE +0.60, and 10-year Treasury bonds are currently at parity to fair value at PCE +110 basis... More

Microsoft bets on Germany in 3.2 billion euro AI push

February 15, 2024 6:25 AM EST

BERLIN (Reuters) -U.S. software giant Microsoft will invest 3.2 billion euros ($3.44 billion) in Germany in the next two years, mostly in artificial intelligence, offering a boost to Europe's largest economy as it faces its worst slump in 20 years.

With its biggest investment in Germany in the last 40 years Microsoft aims to double the capacity of its AI and data centre infrastructure in the country and expand its training programmes, said President Brad Smith on Thursday.

"We are doing this because of the enormous confidence we have in Germany," he said, adding the export-oriented economy had... More

Futures higher, Berkshire Hathaway slashes Apple stake - what's moving markets

February 15, 2024 5:25 AM EST

Investing.com -- U.S. stock futures inch higher, pointing to a continued recovery on Wall Street from a decline posted earlier this week. Cisco Systems (NASDAQ: CSCO) lowers its annual guidance and outlines plans to slash headcount, as executives at the network equipment manufacturer warn of weak future demand. Elsewhere, Warren Buffett's Berkshire Hathaway (NYSE: BRKa) cuts its stake in tech giant Apple (NASDAQ: AAPL).

1. Futures edge up

U.S. stock futures gained... More

Microsoft says it caught hackers from China, Russia and Iran using its AI tools

February 14, 2024 7:05 AM EST

By Raphael Satter

WASHINGTON (Reuters) - State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday.

Microsoft said in its report it had tracked hacking groups affiliated with Russian military intelligence, Iran's Revolutionary Guard, and the Chinese and North Korean governments as they tried to perfect their hacking campaigns using large language models. Those computer programs, often called artificial intelligence, draw on massive amounts of text to generate human-sounding responses.

The company announced the find as... More

Futures higher after Wall St slumps; Lyft's guidance error - what's moving markets

February 14, 2024 5:47 AM EST

Investing.com -- U.S. stock futures tick up after a negative day on Wall Street fueled by a hotter-than-predicted U.S. inflation data that led markets to recalibrate their bets on Federal Reserve interest rate cuts. Lyft (NASDAQ: LYFT) shares go for a bumpy ride following an erroneous press release from the ride-hailing group, while Sony (NYSE: SONY)... More

Active options: SHOP MSFT HOOD F SOFI KO GOOGL SNAP PYPL BAC JBLU

February 14, 2024 4:21 AM EST

Active options: SHOP MSFT HOOD F SOFI KO GOOGL SNAP PYPL BAC JBLU

... More