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Boeing plans to open fourth 737 production line in midsummer
Boeing plans to open a fourth 737 MAX production line in Everett, Washington, as it ramps up output toward as many as 63 jets a month, signaling a gradual production increase amid strong demand for single-aisle aircraft.
S&P 500, Nasdaq dip with economic data, earnings in focus
Feb 10 (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday as investors digested disappointing retail sales figures and waited for a key labor market report. The S&P 500 communication services sector was weighed down by Alphabet shares after Google‘s parent said it sold bonds worth $20 billion. The announcement came as […]
Amazon plans to launch AI content marketplace, The Information reports
Amazon is signaling plans for an AI content marketplace that would let publishers sell material to artificial intelligence companies, as tech firms and media groups negotiate new rules and fees for AI use of content.
Wall Street advances as tech bounces further off of recent losses
The S&P 500 and Nasdaq rose as tech stocks rebounded from an AI-driven selloff while investors awaited key U.S. economic data.
Lilly bets on next-generation cell therapy with $2.4B deal for Orna
Eli Lilly agreed to buy Orna Therapeutics for up to $2.4 billion, gaining in vivo CAR-T and circular RNA technology platform.
Google sued by Autodesk over AI-powered movie-making software
Autodesk sued Google, alleging trademark infringement over Flow AI software used in film, TV and video games.
Saylor-led Strategy’s quarterly losses widen as bitcoin faces another reckoning
Strategy posted a wider fourth-quarter loss as bitcoin volatility dragged down the value of its massive crypto holdings, sending shares lower despite Michael Saylor’s confidence in long-term regulatory and institutional support.
Dow hits 50,000, Nvidia soars as traders focus on AI spending
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
US Justice Department casts wide net on Netflix’s business practices in merger probe, WSJ reports
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
Amazon shares slide as $200 billion outlay fans fears over AI returns
Amazon stock fell after unveiling a $200 billion AI capex plan, raising investor fears and questions about Big Tech returns.
