JPMorgan now sees better risk/reward profile for Cognizant
JPMorgan analysts upgraded shares of Cognizant (NASDAQ:CTSH) to Neutral from underweight in a note Tuesday, raising the price target to…
3M names Bryan Hanson as CEO of its health care business
(Reuters) – 3M Co said on Tuesday that Bryan Hanson would be the chief executive officer of the healthcare company…
Factbox-Governments race to regulate AI tools
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws…
Meta Platforms announces new AI model for speech and text translations
Meta Platforms (NASDAQ:META) announced an AI model that can transcribe and translate nearly 100 languages. SeamlessM4T is the company’s first…
U.S. stocks are wobbling as investors await Powell’s speech
U.S. stocks are wobbling, with gains led by the tech sector as investors await Federal Reserve Chair Jerome Powell’s speech…
Dollar shine fades as risk appetite rebounds for now
(Reuters) – The dollar eased from recent 10-weak peaks on Tuesday as global risk appetite recovered after being hurt by…
Wedbush starts Amazon, Google, and Meta at Outperform as ‘AI to become a growth stimulant’
Wedbush analysts revealed Tuesday that the firm is initiating coverage of the Internet eCommerce and Digital Advertising sector with Outperform…
AppLovin shares gain following upgrade to ‘Buy’ at Jefferies
AppLovin’s (NASDAQ:APP) stock climbed 4% shortly after it was upgraded from “Hold” to “Buy” by equity analysts at Jefferies. The…
Meta rolls out web version of Threads
(Reuters) – Meta Platforms (NASDAQ:META) on Tuesday launched the web version of its new text-first social media platform Threads, in…
S&P downgrades multiple US banks on growing liquidity worries
(Reuters) – S&P Global followed Moody’s (NYSE:MCO) in cutting its credit ratings and outlook on multiple U.S. regional banks on…