Day: May 11, 2023

What you need to know… The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.31%. Stock indexes Thursday settled mixed. An -8% slump in Disney weighed on the overall market after it lost subscribers to its streaming service. Also, concerns about the health of U.S. regional banks undercut the broader market. PacWest Bancorp closed down more than -22% and weighed on regional bank stocks lower after it said deposits fell -9.5% last week. However, a +4% gain in Alphabet Thurs… Read More “Stocks Settle Mixed as Tech Gains on Alphabet and Lower Bond Yields”

By Katie Paul and Sheila Dang NEW YORK (Reuters) – Social media giant Meta Platforms Inc joined the generative AI product race on Thursday, saying it would begin testing artificial intelligence-powered ad tools that can create content like image backgrounds and variations of written text. A select group of advertisers will be invited to experiment with the tools in a “testing playground” that the company is calling the AI Sandbox, Meta executives said at a press event in New York. The executives declined to specify how many advertisers would have access to the space at the outset, saying only … Read More “Facebook owner Meta announces tests of generative AI ads tool”

By Josh Edelson / AFP Google on Wednesday said it is opening Bard, a rival to Microsoft-backed ChatGPT, to 180 countries as it expands use of artificial intelligence across its platform. Google on Wednesday said it is opening Bard, a rival to Microsoft-backed ChatGPT, to 180 countries as it expands use of artificial intelligence across its platform. Executives at an annual Google developers conference in Silicon Valley said that generative AI will also be used to supercharge the tech giant’s leading search engine. “We have been applying AI for a while, with generative AI we are taking the next… Read More “Google answers ChatGPT challenge with Bard expansion”

By Orlando Silva Brooklyn Nets owner Joe Tsai has been a controversial figure around the NBA for a while now. The team had a couple of seasons full of drama, especially with Kevin Durant and Kyrie Irving on the roster. All this time leading the Nets left him big teaching, and the billionaire owner recently revealed what he’s learned about people, especially NBA players. While discussing artificial intelligence (AI) at the BEYOND Expo 2023 technology conference in Macao, Tsai made a curious remark. “Believe me, I manage a basketball team and the players are very difficult to manage,” said Tsai…. Read More “Brooklyn Nets Owner Says Players Are ‘Difficult To Manage’”

The Daily Beast used ChatGPT to invoke the voice of former President Donald Trump by asking the artificial intelligence tool the same questions CNN asked him during Wednesday’s town hall. Trump was so predictable that AI—albeit an extremely sophisticated AI—”was largely able to stand in for Trump, and generally do a much better, more coherent, job,” The Daily Beast noted. Check out some responses from “TrumpGPT” via The Daily Beast below: Answer this question in the style of Donald Trump: Do you feel that you owe your vice president Mike Pence an apology for your actions on January 6? ChatGPT:… Read More “‘Well, first of all, let me tell you’: AI perfectly answers CNN questions like Donald Trump”

Read also: NSDC head calls for ‘enough weapons’ to defeat Russia, not peace initiatives One of the most interesting questions for anyone who wants to understand the events unfolding in and around Ukraine is why the Western experts who predicted its quick defeat at Russia’s hands were wrong. This question is not only an intellectual curiosity. Western allies continue to doubt our ability to defeat Moscow on the battlefield, which is reflected in insufficient support for Ukraine’s offensive capabilities. There are a variety of reasons why Western observers make this mistake. I want to examine tw… Read More “Why the West Underestimated Ukraine and Continues to Doubt its Victory”

June S&P 500 futures (ESM23) are trending down -0.10% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested a tamer-than-expected U.S. inflation report while also awaiting crucial U.S. PPI data. In Wednesday’s trading session, the tech-heavy Nasdaq 100 outperformed major benchmarks as the U.S. Treasury yields plunged after a report showed U.S. inflation moderated slightly in April, sparking a rally in mega-cap technology stocks. Also, Alphabet Inc (GOOGL) rose more than +4% after the company unveiled new gadgets and details on its… Read More “S&P Futures Tick Lower Ahead of Key U.S. PPI Data”