The company will let customers build autonomous AI agents using Copilot Studio starting in November, handling tasks like client queries and inventory management with minimal human input. This move aims to simplify AI monetization as Microsoft and other tech giants seek returns on their AI investments.
The stock market showed strong upward momentum during the week ending October 18, 2024, bolstered by positive earnings reports and solid economic data. The S&P 500 rose approximately 0.8%, maintaining its upward trend, while the Dow Jones Industrial Average and NASDAQ also made gains.
The company stock rises 5.2% premarket after adding 5.1 million new subscribers in Q3, exceeding expectations. The company forecasts even higher sign-ups for the holiday season, with "Squid Game" Season 2 set for December. Netflix continues to outperform competitors like Disney and Warner Bros in content creation.
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The Cybersecurity Association of China is urging a national review of Intel products, citing alleged threats to the country’s security. This move could trigger scrutiny from China's cyberspace regulator, escalating tensions in the tech sector amid ongoing US-China relations. 🔒
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The Biden administration is in early talks to impose new limits on AI chip sales to select nations, focusing on the Persian Gulf. This move could reshape global AI capabilities as the US tightens control over its semiconductor power. Yahoo Finance reports.📊
The stock market saw a positive rally despite mixed economic signals. The S&P 500 gained 1.4%, driven by strong earnings reports from big banks and sectors like technology and transportation. This occurred despite mid-week inflation data, which raised questions about future Federal Reserve rate cuts. In response to inflation concerns, U.S. Treasury yields rose, reflecting investor caution about the economic outlook.
The Singapore government blocks Allianz’s 51% acquisition of Income Insurance, citing concerns over the insurer's ability to fulfill its social mission. Officials are open to new proposals addressing these issues. 💼
The company faces mounting pressure with a 7% dip in third-quarter global deliveries, driven by faltering Chinese demand and high production costs in Europe. As the automaker explores plant closures, the challenges of electrification and fierce competition intensify. 🚗