By Wayne Cole (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight…
(Reuters) -Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla CEO said on Friday. This comes nearly a year after OpenAI's ChatGPT caught the imagination of businesses…
By Sinéad Carew and Amruta Khandekar (Reuters) - Wall Street's main stock indexes rallied on Friday as bond yields fell sharply after data showed signs of slowing U.S. jobs growth and an uptick in unemployment, boosting hopes that the Federal…
(Reuters) -Bank of America's mobile app flashed a message on Friday that said customers could be facing temporary delays in depositing funds into their accounts after a technical glitch impacted multiple financial institutions. The issue could be stemming from The…
By Anna Tong and Krystal Hu ChatGPT maker OpenAI is expected to announce product enhancements that will make its AI models cheaper, with more functionality, in its first-ever developer conference on Monday. The conference signals OpenAI's ambition to expand beyond…
By Jacob Gronholt-Pedersen and Louise Rasmussen COPENHAGEN (Reuters) - Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs…
By Sri Hari N S and Laura Matthews (Reuters) -Exchange operator Cboe Global Markets Inc on Friday sailed past analysts' estimates for third-quarter profit as transaction volumes surged amid spiraling volatility in the global markets across asset classes. The company…
By Harry Robertson LONDON (Reuters) - Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America and data provider EPFR. BoFA's weekly Flow Shows report said that investors put $64.2 billion…
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Bond investors bruised by a record hiking cycle are increasing their positions, betting that central banks really are done with raising rates and their next move will be down. The Bank of…
By Will Dunham (Reuters) - On the boundary of dangerous territory, a troop of about 30 individuals engaging in a border patrol climbs a rocky hill to conduct reconnaissance. Detecting the sounds of adversaries a bit too close for comfort,…