Tag: Reuters

Microsoft introduces smaller AI model

 stock analyst  04/23/2024  0 Comments on Microsoft introduces smaller AI model

(Reuters) – Microsoft (NASDAQ:MSFT) on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data.

Tesla shares edge higher ahead of quarterly results

 stock analyst  04/23/2024  0 Comments on Tesla shares edge higher ahead of quarterly results

(Reuters) – Shares of Tesla (NASDAQ:TSLA) edged higher on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years.

China's BYD names electric pickup truck BYD Shark

 stock analyst  04/22/2024  0 Comments on China's BYD names electric pickup truck BYD Shark

SHANGHAI (Reuters) – Chinese electric vehicle maker BYD (SZ:002594) said on Monday its electric pickup truck will be called BYD…

Macquarie's banking unit to stop new car loans to focus on mortgage growth

 stock analyst  04/22/2024  0 Comments on Macquarie's banking unit to stop new car loans to focus on mortgage growth

(Reuters) – Australian financial conglomerate Macquarie Group (OTC:MQBKY) said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid to prioritise growth of home loan and deposit offerings.