Inceptive CEO Jakob Uszkoreit says AI will transform pharmaceuticals

Inceptive CEO Jakob Uszkoreit says AI will transform pharmaceuticals

Before co-founding biotech startup Inceptive, Jakob Uszkoreit had an idea that would eventually make generative artificial intelligence possible. As a researcher at Google in 2017, Uszkoreit was trying to speed up the training of neural networks. He suggested using a new way to interpret data called self-attention. That idea gave way to the transformer, the … Read more

S&P retreats, yen surges, Tesla sinks

S&P retreats, yen surges, Tesla sinks

Traders work on the floor at the New York Stock Exchange on Oct. 27, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more

S&P retreats, yen surges, Tesla sinks

S&P retreats, yen surges, Tesla sinks

Traders work on the floor of the New York Stock Exchange.  NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know … Read more

Jim Cramer explains how to trade Thursday’s tech sell-off

Jim Cramer explains how to trade Thursday’s tech sell-off

After buyers fled from Big Tech on Thursday, CNBC’s Jim Cramer advised investors to take advantage of the rotation but beware that it may not last long. “I say enjoy the rotation. It’s historically broadened things out, and tomorrow you’ll get another chance to make money with today’s winners,” he said. “But if interest rates … Read more

Microsoft giving up OpenAI board observer seat doesn’t settle concerns

Microsoft giving up OpenAI board observer seat doesn’t settle concerns

Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Microsoft has given up its observer seat on OpenAI’s board. Apple, which was reportedly expected to take a similar observer position, will no longer … Read more

Thursday was a strange day in the stock market. That may be good news

Thursday was a strange day in the stock market. That may be good news

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024.  Brendan McDermid | Reuters Wall Street saw a dramatic shift in market trends on Thursday, with winning and losing stocks swapping places for a day. It may turn out to be just what the rally … Read more

Jim Cramer’s top 10 things to watch in the stock market Thursday

Jim Cramer’s top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, July 11 The S & P 500 and Nasdaq , both on seven-session winning streaks, were looking lower after more records. The June consumer price index year over year came in around its lowest inflation level in more than three years. Stock futures were initially higher on the … Read more

A true bull market — it’s not the U.S.

A true bull market — it’s not the U.S.

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

A true bull market — it’s not Wall Street

A true bull market — it’s not Wall Street

Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Powell says high rates threaten growth

Powell says high rates threaten growth

Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more