Microsoft Announces , New Surface PCs With AI Chips.
On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports.
.
On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports.
.
Qualcomm's Arm-based chips
deliver longer battery life.
Other computer makers such as Dell, HP, Acer and more are also debuting AI-ready PCs that will offer Microsoft's Copilot AI chatbot.
PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said.
.
PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said.
.
Copilot+ computers will begin at $999.
Pre-orders are currently being accepted.
.
The devices will be available in June.
The new offering comes almost four
months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024,
AI will become a first-class part of every PC." .
The new offering comes almost four
months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024,
AI will become a first-class part of every PC." .
On May 20, Microsoft shares
closed at $425.34, up 1.2%.
The AI exit poll indicates that the National Democratic Alliance (NDA) is likely to secure between 52 to 58 seats in Uttar Pradesh, while the INDIA Alliance may.. DNA
Regulators for artificial intelligence in the UK are "under-resourced" compared to developers of the technology, the Commons science committee chief has warned. Sky News
Russia has accused Ukrainian military intelligence of involvement in a recent attack and claimed NATO facilitated the transfer of militants to Ukraine. This follows a terrorist attack in Moscow's Crocus City Hall, killing over 140 people. Russia also opened a criminal case against Western officials for allegedly financing terrorism through companies like Burisma Holdings. Ukraine denies any involvement.
#ebrahimraisideath #ebrahimraisideathand #Iranhelicoptercrash #Raisi #Irannews #EbrahimRaisinews #Iranianarmedforces #Iranupdates #Khamenei #Worldnews #news #Oneindianews #Oneindia
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Ukraine's army urgently needs 500,000 new soldiers to hold off Russian troops in the east. With a new mobilisation law, Kyiv now ups the ante on men fit for military service to sign up. DW's Carolina Chimoy reports.
#Ukraine #RussianTroops #MilitaryMobilization #UrgentCall #DefenseEfforts #Kyiv #Security #NationalDefense #MilitaryService #TroopDeployment #Conflict #NationalSecurity #MilitaryDraft #DefenseStrategy #EasternFront #RussiaKharkivAttack #KharkivInvasion #RussiaAttacksKharkiv #Ukraine #Kharkiv #Frontline #Intel #Putin #Zelensky #NATO #US #Military #Defense #Security #War #Russia #Admission #Crisis
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As the conflict between Russia and Ukraine escalates, a new tactical emblem has been observed on Russian military equipment near Kharkiv. This symbol, characterised by a central square with two overlapping diagonal crosses, indicates a significant escalation in Russia's military operations, particularly in the Kharkiv Region. According to reports from OSINT Defender, this emblem is linked to Russia's renewed border offensive in northeast Ukraine, with Russian forces actively attempting to breach Ukrainian defences, notably around Vovchansk. These symbols serve as identification friend or foe (IFF) measures in conflict zones, aiming to prevent friendly fire. Notably, the 'Z' marking, prominent during the 2022 Ukraine invasion, became a symbol of Russian support for the war effort.
#RussiaMilitaryMysteriousSymbol #MysteriousSymbol #RussiaKharkivAttack #KharkivInvasion #RussiaAttacksKharkiv #Ukraine #Kharkiv #Frontline #Intel #Putin #Zelensky #NATO #US #Military #Defense #Security #War #Russia #Admission #Crisis
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Ukraine's intelligence chief, Kirill Budanov, has openly acknowledged the worsening situation in the country, particularly in the north, where Moscow has seized multiple villages in the Kharkiv region. With a shortage of manpower and delays in Western military aid, Ukraine's military is facing a critical situation. Budanov warned that Russia's next incursion is imminent, putting further strain on Ukrainian forces. Despite efforts to redirect troops, the frontline remains precarious, with Budanov expressing concern about the country's defense capabilities.
#RussiaKharkivAttack #KharkivInvasion #RussiaAttacksKharkiv #Ukraine #Kharkiv #Frontline #Intel #Putin #Zelensky #NATO #US #Military #Defense #Security #War #Russia #Admission #Crisis
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ConocoPhillips , to Buy Marathon Oil.
ConocoPhillips , to Buy Marathon Oil.
On May 29, ConocoPhillips agreed to
acquire Marathon Oil in an all-stock deal valued at $17 billion, CNBC reports.
The agreement will provide ConocoPhillips with
an additional 2 billion barrels of U.S. inventory.
This acquisition of Marathon Oil further
deepens our portfolio and fits within our
financial framework, adding high-quality,
low cost of supply inventory adjacent to our
leading U.S. unconventional position. , ConocoPhillips CEO Ryan Lance, via statement.
ConocoPhillips' market cap will
exceed $150 billion due to the deal.
As an independent producer, ConocoPhillips will now be on the same scale as some big-time players, CNBC reports.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
While the deal is likely to face FTC scrutiny, the fact that Marathon's assets encompass multiple basins supports regulatory approval, Dittmar said. .
Once the deal is complete,
ConocoPhillips anticipates share buybacks worth $7 billion within the first year.
After three years, that number is
expected to grow to $20 billion.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year
Credit: Wibbitz Top Stories Duration: 01:31Published
Poll Highlights Gap , Between Economic Data and , Consumer Attitudes .
CNBC reports that over half of Americans
falsely believe the United States is in
the middle of an economic recession.
A recession is officially defined as an extended period of
economic decline, usually after gross domestic product
(GDP) declines for two or more consecutive quarters. .
However, for the past several years,
GDP has actually been increasing.
Despite this, a recent Guardian/Harris poll
found that 56% of respondents believe the
U.S. is currently experiencing a recession. .
Despite this, a recent Guardian/Harris poll
found that 56% of respondents believe the
U.S. is currently experiencing a recession. .
At the same time, 58% of those polled believe
that the Biden administration is responsible
for the perceived economic downturn.
In the first quarter of 2024,
the GDP grew by 1.6%. .
CNBC reports that the recent poll
highlights the ongoing gap between
economic feelings and economic data. .
Consumer attitudes have been
lagging amid persistent inflation and
a consequently high cost of daily living. .
The poll comes just six months ahead of the November
presidential election which will pit President Joe Biden
against former president Donald Trump.
The poll comes just six months ahead of the November
presidential election which will pit President Joe Biden
against former president Donald Trump.
The Biden administration has been trying to shift the
mood of voters and recognize economic gains the U.S.
has made in the wake of the COVID-19 pandemic. .
The Biden administration has been trying to shift the
mood of voters and recognize economic gains the U.S.
has made in the wake of the COVID-19 pandemic.
Credit: Wibbitz Top Stories Duration: 01:31Published
Hims and Hers , to Offer Weight Loss Injections.
GLP-1 medications like Ozempic and Wegovy have become increasingly popular.
However, the market has faced some supply constraints recently because of that popularity.
On May 20, Hims & Hers Health announced that it will be providing access to compounded GLP-1 weight loss injections, CNBC reports. .
Company shares jumped over 30%
following the announcement.
Compounded versions of medications are created
by certain manufacturers who meet FDA requirements when there are medication shortages.
However, the products are not tested
for safety and efficacy by the FDA.
The new offering of compounded GLP-1 medications can be accessed by getting a prescription from a health care provider on the Hims & Hers site.
Branded GLP-1 injections will be made available
once the supply becomes more consistent.
The price for compounded injections will
start at $199 per month, CNBC reports. .
Prior to announcing its GLP-1 offerings,
Hims & Hers revealed in an earnings report...
... that it anticipates its weight loss
program to garner over $100 million
worth of revenue by December 2025.
Hims & Hers CEO Andrew Dudum said that he is "confident" that a steady supply of the compounded injections will be available for customers.
We have a certain degree of
exclusivity with that facility that
will guarantee our consumers
consistent volume and supply, Hims & Hers CEO Andrew Dudum, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC reports. .
When also accounting for food and energy, the all-items PCE measure rose 2.7%,
which was above the 2.6% estimate.
Inflation reports released this morning
were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.
... but investors should not get
overly anchored to the idea that
inflation has been completely
cured and the Fed will be cutting
interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.
The prospects of rate cuts remain,
but they are not assured, and the
Fed will likely need weakness in
the labor market before they
have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.
Consumers continue to spend despite
higher prices, CNBC reports.
Personal spending increased 0.8% in March, while personal income rose 0.5%.
The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.
The Fed continues to target 2% inflation, which the core PCE has exceeded for
the last three years, CNBC reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
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