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The billionaire hedge fund manager said LLMs are unlikely to drive a “sea change of productivity gains” in the near future.

Oil futures move higher ahead of official data on U.S. crude inventories.

Spanish retailing conglomerate Inditex on Wednesday said it will launch its Zara resale platform in the U.S. after a year of strong profit growth.

The Anglo-Dutch oil major has focused on investor returns over climate initiatives under new CEO Wael Sawan who took control in January 2023

GE Healthcare increased its secondary offering, sending shares down premarket.

Mick Rasmussen, fund manager at a gold medalist ranked fund, talks about an AI play no one is looking and other stocks.

New experiment finds progress more elusive than expected

Benchmark bond yields are barely budging early Wednesday as traders bet that slightly hotter-than-expected inflation data doesn’t rule out a rate cut in June.

Sportswear maker Adidas on Wednesday said it plans to sell its remaining Yeezy inventory at cost, as it forecasts a near doubling of its operating profit this year.

The London headquartered company sold $430 million worth of rough diamonds in the second five-week cycle of 2024, up 15% on the first cycle of the year

Maserati has unveiled a beautiful convertible with extreme performance and a price that will probably keep it in your dreams, not your driveway.

The S&P 500 is eyeing its 18th record close of 2024 as investors absorb a stickier-than-forecast consumer price index report with equanimity