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'Mag Seven' Get Crushed Before Next Week's Results: Markets Wrap

(Bloomberg) — A selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market. Equities extended their slide from a record, with the S&P 500 breaking below 5,000 and the Nasdaq 100 falling over 2%. More than…
United States United Kingdom New York Esha Dey Jessica Menton Alexandra Semenova

Alibaba and Lenovo Team Up to For AI PCs, Setting New Standards in Tech

Alibaba Group Holding Limited (NYSE:BABA) and Lenovo Group are joining forces to develop a suite of artificial intelligence (AI) products, marking a significant move as Chinese tech giants vie for dominance in the burgeoning field of generative AI. These offerings will feature AI PCs—computers embedded with chips capable of performing generative AI operations locally—alongside other AI-driven devices and business intelligence solutions. This collaboration was unveiled at Lenovo&#x2...
Lenovo Xiaotian Tongyi Qianwen Microsoft Corp Lenovo Team Apple Inc Intel Corp
Source: yahoo.com

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Saturday Stats | Policy Matters Ohio | April 20, 2024

Numeric news from Policy Matters 45.6%: Share of revenue collected into Ohio’s General Revenue Fund that came from the sales tax last year. That share has increased dramatically in the last 20 years, as Ohio leaders repeatedly cut the income tax (the only progressive tax in the state) and raised the sales...
United States Ali Smith Larry Bresler Kathryn Poe Shannah Halbert Bree Easterling

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