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Stock Chart IconStock chart iconValero Energy’s year-to-date stock performance.Valero Energy: “I’d rather be in the Phillips, the PSX…I think Valero’s already had too much of a run.”Stock Chart IconStock chart iconIONQ’s year-to-date stock performance.IONQ: “It’s so high, and it’s losing so much money. But it’s quantum…It’s too speculative for me.”Stock Chart IconStock chart iconVerona Pharma’s year-to-date stock performance.Verona Pharma: “That stock is a rocket ship. Again, very, very speculative because it loses a lot of money. Does have a couple things in the pipe that people like, but also has a huge amount of insider selling, frankly.”Stock Chart IconStock chart…
CNBC’s Jim Cramer on Tuesday told investors that the artificial intelligence theme is still strong in the business world, saying a number of Big Tech players remain engaged with the new technology.”The four biggest names in tech, in all business honestly, are wrestling with AI every day. And you want to be bored with it?” he asked. “Be my guest, but I think you’ll miss on a lot of gains that will be taken by those who refuse to write off this technology as some sort of scam.”According to Cramer, the promise of Tesla’s AI-enabled autonomous vehicles is bolstering its…
Anthropic has begun to roll out a “voice mode” for its Claude chatbot apps. The voice mode (in beta for now) allows Claude mobile app users to have “complete spoken conversations with Claude,” and will arrive in English over the next few weeks, according to Anthropic’s official account on X and updated documentation on the company’s website. At least one user on X reports having gained access to voice mode late Tuesday. By default, it’s powered by Anthropic’s Claude Sonnet 4 model. “Voice mode … enables you to speak to Claude and hear responses through voice, making it easier to…
OpenAI is exploring ways for users to sign in to third-party apps using their ChatGPT account, the company noted on a web page published Tuesday. OpenAI is currently gauging interest from developers who might want to integrate this service into their apps. ChatGPT is quickly becoming one of the largest consumer applications in the world, now with roughly 600 million monthly active users. To capitalize on this popularity, OpenAI seems eager to try and expand into other consumer areas, such as online shopping, social media, and personal devices. A potential “Sign in with ChatGPT” feature could help OpenAI compete with…
Summary World of Warcraft Classic is bringing Mists of Pandaria on July 21, with the Pre-Patch starting July 1. Players can enjoy the new Monk class, world events, and rewards in the Mists of Pandaria Pre-Patch. Fans who complete special tasks in Classic can earn rewards for modern WoW accounts before July 30. World of Warcraft Classic is finally going to Mists of Pandaria on July 21, with the Pre-Patch kicking off on July 1. Between the Pre-Patch, Mists of Pandaria Classic launch, and incentive events for both Season of Discovery and retail, July is going to be a big…
Meta is dividing its AI department into two new teams, according to a report from Axios. Now the company’s AI personnel will be assigned to an AI products team, or an AGI Foundations unit. No jobs appear to have been cut. The AI products team will focus on consumer-facing efforts like the AI features within Facebook, Instagram, and WhatsApp, as well as Meta’s new stand-alone AI app. The AGI Foundations unit will focus on more of the bigger picture efforts, like improving its Llama models. As companies like OpenAI, Google, and Anthropic make moves, Meta is trying its best to…
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May 27 announcement from the company, the capital raise comprises a $1.5 billion stock sale and $1 billion in convertible senior secured bonds, with a 0% coupon. The sale is expected to close on May 29. TMTG CEO Devin Nunes said:“We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency…
If and when AI will start replacing human labor has been the subject of numerous debates. While it’s still hard to say with certainty if AI is beginning to take over roles previously done by humans, a recent survey from the World Economic Forum found that 40% of employers intend to cut staff where AI can automate tasks. Researchers at SignalFire, a data-driven VC firm that tracks job movements of over 600 million employees and 80 million companies on LinkedIn, believe they may be seeing first signs of AI’s impact on hiring. When analyzing hiring trends, SignalFire noticed that tech…
WordPress announced on Tuesday that it has formed an AI team to steward the development of AI products among its developer community. The team includes James LePage (leader of AI at Automattic, WordPress’ parent company), Felix Arntz and Pascal Birchler from Google, and Jeff Paul (Director of Open Source at web design firm 10up). As one of the most dominant platforms for building websites, WordPress has already seen developers within its open source community experiment with AI tools. The creation of a formalized team signals that WordPress wants to take a more active role in organizing and moderating AI efforts…
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped 2% and 3%. AMC Entertainment — The movie theater chain saw shares skyrocket 24% after it set a Memorial Day weekend record for revenues on the strength of live-action Lilo & Stitch and Mission: Impossible – The Final Reckoning. Trading volume was extremely heavy during…