Finance

Tencent releases AI model for businesses as competition in China heats up

Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday,…

Stocks making the biggest moves after hours: GameStop, American Eagle Outfitters and more

Check out the companies making headlines in extended trading. GameStop — The video game retailer surged 5% after posting an…

Stocks making the biggest moves midday: Roku, Tesla, AMC, AeroVironment and more

Check out the companies making the biggest moves midday. Roku — Shares popped 2.94% after the streaming company announced it…

Stocks making the biggest moves premarket: Enbridge, Roku, GitLab and more

Check out the companies making headlines in premarket trading Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans…

Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…

EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules

The European Commission on Wednesday said it designated six tech giants as “gatekeepers” under its new Digital Markets Act —…

Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…