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Amazon enters AI safety fray, calls for "rigorous testing," safeguards
Reuters8d agoneutral
Amazon enters AI safety fray, calls for "rigorous testing," safeguards

SAN FRANCISCO, Sept 17 (Reuters) - Amazon weighed in on the artificial intelligence safety debate roiling Silicon Valley, saying AI labs should ensure models are released only when they are safe and fully ‌tested, but stopped short of calling for an industry slowdown. “"We don't see it as a choice between ‌progress and safety,” a spokesperson for the Seattle firm told Reuters.

Generac Up on Amazon Agreement; Coreweave Kicks Off Fundraising | Stock Movers
Bloomberg8d agoneutralVIDEO
Generac Up on Amazon Agreement; Coreweave Kicks Off Fundraising | Stock Movers

On this episode of Stock Movers: - Generac (GNRC) shares are jumping after the company and Amazon execute a long-term supply agreement, with initial deliveries of backup generators expected to total $2.4b in 2027, 2028. - CoreWeave (CRWV) is the most actively traded stock in the premarket as it kicked off a fresh round of fundraising that includes a $3 billion convertible bond issue and a vehicle for potential share sales. - Lockheed Martin (LMT) shares are moving on news the Pentagon and Lockheed Martin have struck a framework agreement for a multi-year production contract for the Joint Advanced Tactical Missile, or JATM.

US Stock Futures Rise as Oil Prices and Treasury Yields Decline: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub8d agoneutral
US Stock Futures Rise as Oil Prices and Treasury Yields Decline: Dow Jones, S&P, Nasdaq, Wall Street

US stock index futures pointed to a sharply higher opening on Thursday as crude oil prices and Treasury yields retreated, following a late-session sell-off on Wall Street after the Federal Reserve’s latest interest-rate increase. The anticipated rebound follows a difficult Wednesday session in which the Dow Jones Industrial Average closed at a three-month low and the S&P 500 recorded its lowest closing level in more than a month.

Investing.com8d agoneutral
RBC bullish on Kraft Heinz, sees return to growth in 2027

Investing.com -- RBC Capital Markets initiated coverage of Kraft Heinz at Outperform with a $32 price target in a note Thursday, arguing the packaged food maker is on the cusp of a return to growth that the market is underestimating.

Microsoft Is Preaching AI Transformation, Starting With Itself
The Wall Street Journal8d agoneutral
Microsoft Is Preaching AI Transformation, Starting With Itself

Artificial intelligence has turned software development at Microsoft upside down, and the changes reflect how technology is accelerating a wholesale reconsideration of the way the entire company functions. On Thursday, Microsoft is releasing a playbook detailing how it is navigating the AI upheaval. It includes lessons that employees like Julia Gao, a 23-year-old software engineer, have had to learn quickly as their roles have radically changed in a matter of months.

💬 Money Quote: Energy Analysts Struggle to Game Out the Iran War
The Wall Street Journal8d agoneutral
💬 Money Quote: Energy Analysts Struggle to Game Out the Iran War

📣 “We simply don’t know how to model the endgame.” —Natasha Kaneva, head of global commodities strategy at JPMorgan. Part of the problem: What once looked like economic red lines for the U.S. administration, such as gasoline prices and headline inflation numbers, have been crossed—yet the conflict continues.

Salesforce Targets Fiscal 2030 Revenue at Over $63 Billion
The Wall Street Journal8d agoneutral
Salesforce Targets Fiscal 2030 Revenue at Over $63 Billion

Salesforce’s long-term outlook comes after the company’s guidance raise last month, when it also posted higher second-quarter profit and revenue driven by accelerating demand for its artificial-intelligence and data products.