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You are here: Home / Archives for US Top News and Analysis

Levi’s CEO calls Asia a ‘bright spot’ this quarter and is optimistic about business in China

July 6, 2023 by US Top News and Analysis

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.

Filed Under: Uncategorized

Why Japan is lagging behind in generative A.I. — and how it can create its own large language models

July 6, 2023 by US Top News and Analysis

While the U.S., China and Europe have announced large-scale generative AI projects, Japan is trailing behind.

Filed Under: Uncategorized

Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says

July 6, 2023 by US Top News and Analysis

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.

Filed Under: Uncategorized

Amazon CEO explains how the company will compete against Microsoft, Google in A.I. race

July 6, 2023 by US Top News and Analysis

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.

Filed Under: Uncategorized

Microsoft CFO Amy Hood warned employees not to ‘build a gold toilet’

July 6, 2023 by US Top News and Analysis

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.

Filed Under: Uncategorized

Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return: Live updates

July 6, 2023 by US Top News and Analysis

All three major averages finished lower for the week, with the Dow wrapping its worst weekly performance since March.

Filed Under: Uncategorized

Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue

July 6, 2023 by US Top News and Analysis

Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.

Filed Under: Uncategorized

FDA approves Alzheimer’s drug Leqembi, paving way for broader Medicare coverage

July 6, 2023 by US Top News and Analysis

Leqembi slowed cognitive decline in a clinical trial, but the treatment is expensive and carries serious risks of brain swelling and bleeding.

Filed Under: Uncategorized

Meta touches 17-month high after Threads platform launch. Here’s what the pros are saying

July 6, 2023 by US Top News and Analysis

Pros on CNBC discussed Meta after the social media company launched its Threads platform to rival Twitter.

Filed Under: Uncategorized

U.S. West Coast ports union says it won’t work diverted containerships amid Canada strikes

July 6, 2023 by US Top News and Analysis

The diversions are the first of what could be widespread rerouting of ships, delaying planned arrivals and straining supply chains.

Filed Under: Uncategorized

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