Rally for public transportation expansion
Rally for public transportation expansion
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Yahoo FinanceStock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
- TechCrunch
Uber has a new way to solve the concert traffic problem
Uber is taking a shuttle product it developed for commuters in India and Egypt and converting it for an American audience. The ride-hail and delivery giant announced Wednesday at its annual Go-Get event in New York City that it will launch a shuttle service in certain U.S. cities this summer. Uber Shuttle in the U.S. will repurpose the technology and business model that Uber has built to help commuters in emerging markets where there's a public transportation gap.
- Yahoo Finance
GameStop stock tanks 25% as meme rally fades
GameStop stock fell after a two-day meme stock rally.
- Yahoo Finance
Wall Street just gave its highest forecast yet for the S&P
BMO Capital Markets chief investment strategist Brian Belski sees the S&P 500 ending 2024 at 5,600 as stock momentum is "likely to persist."
- TechCrunch
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, Bay Pond, Mirae Asset Management, Steadview Capital, and HSBC, as well as Indian mutual funds operated by SBI, ICICI, Axis, Tata and Edelweiss, served as anchor backers for the IPO, Go Digit disclosed in a filing to the stock exchange.
- Yahoo Sports
Meet the Golden State Valkyries, the WNBA's 1st new franchise since 2008
Valkyries are warrior women from Norse mythology, and they represent the vision and values of the team.
- Yahoo Finance
GameStop’s 'Roaring Kitty' surge doesn’t mean meme stock rally has legs
Retail investor flows into GameStop and AMC are still a far cry from the 2021 meme stock craze.
- TechCrunch
Reddit introduces new tools for ‘Ask Me Anything,’ its Q&A feature
Reddit announced on Tuesday the launch of five new tools for AMA (Ask Me Anything), its Q&A feature where celebrities, public figures, organizations and Redditors engage with community members and provide answers about a certain topic. As part of the update, Reddit also launched a dedicated AMA tab within the web post composer. This tab allows users to create an AMA session the same way they would a regular post.
- Yahoo Finance
GameStop stock gains nearly 60% as meme-stock market returns with a vengeance
GameStop stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
- Yahoo Sports
NBA playoffs: Shai Gilgeous-Alexander powers Thunder rally past Mavs to tie series at 2-2
While Gilgeous-Alexander thrived, Luka Dončić struggled and missed a critical free throw in the game's final seconds.
- Yahoo Sports
Players’ words say a PGA-Saudi deal is progressing. Others’ actions say otherwise.
Nearly a year after the PGA Tour and the Saudi Arabian Public Investment Fund (PIF) announced their “framework agreement," there’s been no action.
- Autoblog
Ineos expansion plans include 2 more SUVs and maybe a U.S. factory
After the Fusilier launches, Ineos's expansion plans includes two more SUVs, one SUV larger than the Grenadier and one smaller, and maybe a U.S. factory
- TechCrunch
Anthropic is expanding to Europe and raising more money
On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own. Anthropic said Monday that Claude, its AI assistant, is now live in Europe with support for "multiple languages," including French, German, Italian and Spanish across Claude.ai, its iOS app and its business plan for teams. The launch comes after Anthropic extended its API to Europe to get developers using and integrating its models.
- Yahoo Sports
NBA playoffs: Jayson Tatum, Celtics hold off late Cavaliers rally to take Game 3
The Celtics now hold a 2-1 lead over the Cavaliers in their Eastern Conference semifinals series.
- Engadget
Waymo says its robotaxis are now making 50,000 paid trips every week
Waymo has revealed, as well, that it's had over one million rider-only trips across four cities.
- TechCrunch
Reddit locks down its public data in new content policy, says use now requires a contract
On Thursday, Reddit is rolling out a new policy aimed at balancing its desire to license its content to larger tech companies, like Google, and protecting users' privacy. The newly announced "Public Content Policy" will now join Reddit's existing privacy policy and content policy to guide how Reddit's data is being accessed and used by commercial entities and other partners. Related to this, the company also announced a subreddit dedicated to researchers working with Reddit's data.
- Autoblog
Audi unveils Dakar-inspired electric mountain bike with Italian power
Audi teamed up with Italian manufacturer Fantic to launch an electric mountain bike with a Dakar-like design and an adjustable suspension system.
- TechCrunch
Always-on video portal lets people in NYC and Dublin interact in real time
A new sculpture going live on Wednesday in the Flatiron South Public Plaza in New York is not your typical artwork. The Portal itself is an impressive piece of work, weighing in at 3.5 tons, with a footprint of around 11.5 by 11.5 feet. While the concept is cool, the underlying software technology that drives it comes from Video Window, a British company that originally created software and hardware for the purpose of connecting employees in remote locations — at home or in other offices — with an always-on connection.
- Yahoo Finance
Fed’s Kashkari: Rates will stay high for 'extended period' and can't rule out a hike
Minneapolis Fed president Neel Kashkari said interest rates will likely stay at current levels for an "extended period" and didn't rule out a hike if inflation stalls near 3%.
- TechCrunch
Google lays off workers, Tesla cans its Supercharger team and UnitedHealthcare reveals security lapses
A total of 200 people were let go across Google’s “Core” teams, which included those working on app platforms and other engineering roles. Elsewhere, Tesla CEO Elon Musk gutted the company's team responsible for overseeing its Supercharger network in a new round of layoffs -- despite recently winning over major automakers like Ford and General Motors. The cuts are so complete that Musk suggested in an email that they'll force Tesla to slow the Supercharger network's expansion.