Levi’s CEO Chip Bergh told CNBC’s Jim Cramer on Thursday that the company’s business is back in China as consumers return post Covid lockdowns.
Why Japan is lagging behind in generative A.I. — and how it can create its own large language models
While the U.S., China and Europe have announced large-scale generative AI projects, Japan is trailing behind.
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia’s initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.
Amazon CEO explains how the company will compete against Microsoft, Google in A.I. race
Amazon CEO Andy Jassy told CNBC the company has an edge in AI through its custom chips and services targeted for developers of large language models.
Microsoft CFO Amy Hood warned employees not to ‘build a gold toilet’
Microsoft was in fact working on a gold toilet, the CEO of gaming at Microsoft, said in an email as the company was preparing to test cloud streaming.
Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return: Live updates
All three major averages finished lower for the week, with the Dow wrapping its worst weekly performance since March.
Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue
Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.
FDA approves Alzheimer’s drug Leqembi, paving way for broader Medicare coverage
Leqembi slowed cognitive decline in a clinical trial, but the treatment is expensive and carries serious risks of brain swelling and bleeding.
Meta touches 17-month high after Threads platform launch. Here’s what the pros are saying
Pros on CNBC discussed Meta after the social media company launched its Threads platform to rival Twitter.
U.S. West Coast ports union says it won’t work diverted containerships amid Canada strikes
The diversions are the first of what could be widespread rerouting of ships, delaying planned arrivals and straining supply chains.
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