Business

Electric SUV showdown: Edmunds compares the revamped Toyota bZ to the Tesla Model Y

Wednesday, June 3 by SRN News

Once you've decided to buy an electric vehicle, the exciting but tricky part is choosing which one to get. For a growing number of car shoppers, an electric SUV makes the most sense for everyday life. The latest models have enough range to handle... Read More.

Macy’s raises annual outlook after the fourth straight quarter of sales gains

Wednesday, June 3 by SRN News

NEW YORK (AP) - Macy's reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers. The New York company raised its outlook Wednesday and shares rose more than... Read More.

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says

Wednesday, June 3 by SRN News

June 3 (Reuters) - Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding, Goldman Sachs said in a note on Tuesday. • Goldman increased its combined capex... Read More.

Wall St futures pause near record highs as oil climbs on Middle East stalemate

Wednesday, June 3 by SRN News

June 3 (Reuters) - U.S. stock index futures stalled near record highs on Wednesday as rising crude oil prices weighed on sentiment, with a flare-up in the Middle East conflict signaling little progress in efforts to end the months-long war. Brent crude futures rose 1.6%... Read More.

US retailers brace for bigger consumer stress test as war drags on

Wednesday, June 3 by SRN News

By Juveria Tabassum, Neil J Kanatt and Akriti Shah June 3 (Reuters) - With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could face a tougher road ahead as rising gas prices and... Read More.

ECB to ask banks for targeted measures to counter AI risk

Wednesday, June 3 by SRN News

FRANKFURT, June 3 (Reuters) - The European Central Bank met commercial lenders last week to discuss the potential threat from the newest artificial intelligence models and will follow up with demands for practical defence measures, board member Frank Elderson said. Rapidly advances in AI technology... Read More.

Analysis-AI building boom ripples through inflation-hit Treasury market

Wednesday, June 3 by SRN News

By Karen Brettell June 3 (Reuters) - The artificial-intelligence boom already has fueled a record stock-market surge. Now it's driving up long-term Treasury yields too. Meta Platforms, Oracle and other technology companies have raised $250 billion in debt markets globally this year, according to Morgan Stanley,... Read More.

Analysis-High-profile Meta AI chatbot breach spotlights security risks of automation

Wednesday, June 3 by SRN News

By Deborah Mary Sophia and Jaspreet Singh June 3 (Reuters) - An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a critical flaw at the heart of the company's push to automate sensitive user... Read More.

Analysis-US tech stocks’ market dominance reaches new heights and presents new risks

Wednesday, June 3 by SRN News

By Lewis Krauskopf NEW YORK, June 3 (Reuters) - The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group - and more vulnerable should those market leaders trip up. With stunning gains over the past two months, the... Read More.

Analysis-Guilty verdict against Andrew Left to shake up activist short-selling playbook

Wednesday, June 3 by SRN News

By Saqib Iqbal Ahmed and Michelle Price NEW YORK, June 3 (Reuters) - A U.S. jury's fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers, raising fresh questions about the line between legitimate market activism and stock... Read More.

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Electric SUV showdown: Edmunds compares the revamped Toyota bZ to the Tesla Model Y

Macy’s raises annual outlook after the fourth straight quarter of sales gains

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says

Wall St futures pause near record highs as oil climbs on Middle East stalemate

US retailers brace for bigger consumer stress test as war drags on

ECB to ask banks for targeted measures to counter AI risk

Analysis-AI building boom ripples through inflation-hit Treasury market

Analysis-High-profile Meta AI chatbot breach spotlights security risks of automation

Analysis-US tech stocks’ market dominance reaches new heights and presents new risks

Analysis-Guilty verdict against Andrew Left to shake up activist short-selling playbook

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