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dpa_afx

Cognizant Partners With Domyn To Deliver Sovereign AI Across EMEA

TEANECK (dpa-AFX) - IT major Cognizant Technology Solutions Corp. (CTSH) Thursday announced a partnership with UK-based AI firm Domyn to provide sovereign AI services to regulated clients across Europe, the Middle East and Africa.Under the deal, Domyn will supply large language models deployable on…

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ECJ upholds Alphabet's €4.1bn Android antitrust fine

The European Commission imposed the penalty in 2018, arguing that Google parent company Alphabet had abused its dominance in mobile software by requiring smartphone makers to pre‑install its apps, giving the company an unfair advantage.Google appealed through the EU courts, but the European Court o…

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dow-jones

Big Brewers Are Making an Outsize Bet on Tiny Cans of Beer — WSJ

By Laura CooperAmerica's top brewers see big business in small beers.Sierra Nevada and Modelo-maker Constellation Brands are among the companies rolling out smaller cans and bottles, known as ponies, and sales are growing, say industry analysts and executives.The beers are taking up residence durin…

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dow-jones

Bowlers Have Finally Snapped Over Wall Street's Takeover of the Sport — WSJ

By Rebecca Picciotto | Photography by Sara Konradi for WSJDavid Whitt was ready to bowl his eighth frame at the Lucky Strike in Gaithersburg, Md. Staring down the lane, he took a breath and brought the ball to his chin.Then the lights went out. Nightclub music blared. The walls and ceilings pulsed…

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StocksUS

SoftBank to Form New Company for U.S. AI Cloud Business

By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…

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zacks

MSM Q3 Earnings Call Shows Early Gains in Volume, Cost Reset

MSC Industrial Direct Co., Inc. MSM used its fiscal third-quarter earnings call to argue that its turnaround is moving past disruption and into execution. Management pointed to improving volume trends, firmer national account performance and better operating leverage as signs that recent structural…

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StocksUS
dow-jones

SoftBank to Form New Company for U.S. AI Cloud Business

By Yang JieSoftBank is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.Tentatively named SB Neo, the new company enters the so-called "neocloud" market, join…

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StocksUS
zacks

Bear of the Day: lululemon (LULU)

Lululemon LULU designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth.The stock is currently a Zacks Rank #5 (Strong Sell), with its near-term earnings outlook remaining cloudy across the board. It also resides in the bottom 26% of all Zacks industr…

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zacks

Bull of the Day: nVent Electric (NVT)

nVent Electric NVT designs, manufactures, markets, installs, and services high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings, and critical processes.The stock sports the highly-coveted Zacks Rank #1 (Strong Buy), with its EPS out…

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OpenAI wants to give US government 5% stake ahead of IPO

According to a Financial Times report, OpenAI boss Sam Altman has said the move is the best way for the public to share in the upside of artificial intelligence.Citing unnamed people close to the matter, the government and OpenAI are currently in early-stage "conceptual" talks.OpenAI had been rumou…

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zawya

ZAWYA: Workday appoints Bernd Leukert to EMEA Advisory Board

DUBAI, UNITED ARAB EMIRATES – Workday, Inc. NASDAQ:WDAY, the enterprise AI platform for HR, finance, and IT, today announced the appointment of Bernd Leukert to its EMEA Advisory Board, effective immediately. Leukert brings more than thirty years of experience in leadership roles at global technolo…

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