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AAPL

Apple Inc. (NASDAQ:AAPL) unveiled its generative AI initiatives at WWDC 2024, introducing 'Apple Intelligence' to iPhones and iPads. While former Tesla AI Chief Andrej Karpathy praised the announcement, analyst Pierre Ferragu expressed skepticism about Apple's ability to execute the vision. Apple also announced a partnership with OpenAI to integrate ChatGPT into its operating systems.

Portfolio Pulse from Ananya Gairola

June 12, 2024 | 6:18 am

EWU

The U.K. trade balance for non-EU countries in April was -7.29 billion GBP, significantly worse than the previous month's -3.81 billion GBP.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:09 am

EWU

The U.K. trade balance for April was reported at -19.61 billion, significantly worse than the estimated -14.20 billion and the prior -13.97 billion.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:09 am

EWU

The U.K. Monthly Gross Domestic Product (GDP) for the three months ending in April showed a 0.7% change, matching the estimated 0.7% and slightly higher than the previous 0.6%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:09 am

EWU

U.K. Manufacturing Production for April decreased by 1.4% month-over-month, significantly below the estimated -0.2% and the prior 0.3%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:08 am

EWU

U.K. Industrial Production for April decreased by 0.9% month-over-month, significantly below the estimated -0.1% and the prior 0.2%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:08 am

EWU

The U.K. Gross Domestic Product (GDP) for April remained flat at 0.0%, matching the estimated value and showing no growth compared to the previous month's 0.4% increase.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:08 am

COIN

Ethereum co-creator Vitalik Buterin congratulated the layer-2 protocol Op Mainnet on a significant technological upgrade, marking its progress towards decentralization. This development is part of a broader trend in Ethereum scaling solutions, which have seen substantial growth and adoption.

Portfolio Pulse from Aniket Verma

June 12, 2024 | 5:28 am

GOOG

GOOGL

A Google engineer, François Chollet, criticized OpenAI for hindering AGI research progress by 5-10 years due to their focus on Large Language Models (LLMs) and the closing down of frontier research publishing. Chollet's comments were made during a conversation with podcaster Dwarkesh Patel.

Portfolio Pulse from Ananya Gairola

June 12, 2024 | 5:21 am

AMZN

FTXL

SSG

Amazon.com Inc. (NASDAQ:AMZN) plans to invest billions in Taiwan over the next 15 years to establish AWS data centers, expanding its cloud infrastructure in Asia. This move aligns with the growing demand for cloud services in the region and follows significant investments in Singapore and Japan. However, geopolitical tensions between Taiwan and China pose potential risks.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 5:16 am