Toyota Motor’s shares have reached their highest level since 2009, after the company revealed plans for its next-generation electric vehicles and received approval for its new leadership during its annual meeting. Shares of Toyota on the New York Stock Exchange rose 1.6% during intraday trading on Thursday, reaching a new 52-week high of $168.18 per
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Microsoft shares have reached a record high, rising by 3.2% to close at $348.10, following JPMorgan Chase’s report on the software company’s growth potential in artificial intelligence (AI). This record high exceeded the previous all-time high the company reached in November 2021, the same month that Nasdaq peaked. U.S. indexes experienced a broad rally following
Cava, a Mediterranean restaurant chain, witnessed a 117% surge in its shares during its market debut on Thursday, making it the highest-performing IPO this year for companies valued over $500 million. The company’s stock opened at $42 per share and closed at $43.78 per share, giving it a market value of $4.88 billion. Cava Group
Former UK Prime Minister Boris Johnson faces a potentially contentious vote on the Partygate report released by the House of Commons Privileges Committee on Thursday. The debate and vote will occur on Monday, which happens to be Johnson’s 59th birthday. However, Johnson will not be present, as he has officially departed the House of Commons.
Vodafone and CK Hutchison have reached a deal to merge their UK businesses, a move that will result in the reduction of the number of mobile operators in the country to three. The new company will invest £11 billion ($13.91 billion) in the UK over a decade to create one of Europe’s most advanced standalone
Apple’s new mixed reality headset, the Apple Vision Pro, was announced at the Worldwide Developers Conference (WWDC) 2023. This headset will be available for purchase in the US early in 2024. The Apple Vision Pro is the company’s first-ever mixed reality headset that has the capability to support both augmented and virtual reality technologies. The
For decades, the possibility of artificial intelligence (AI) overthrowing humanity has been a hotly debated topic. The emergence of advanced AI programs like ChatGPT has only served to renew concerns about the idea. In 2021, scientists took a closer look at the issue and concluded that controlling high-level computer super-intelligence was almost impossible. The primary
According to Piper Sandler, investors can have greater confidence in Meta Platform’s outlook. The firm’s analyst, Thomas Champion, raised his price target on Facebook’s parent company on Wednesday. Champion stated that the social media firm has been strengthening its Reels and building out its artificial intelligence (AI) strategy. He also noted that Meta continues to
The UK economy showed growth in April despite the impact of strikes, according to official figures released by the Office for National Statistics (ONS). The ONS reported a growth of 0.2% in April, following a contraction of 0.3% in March. It also measured growth of 0.1% over the three months to April. The ONS director
Oppo has launched its latest mid-range smartphone, the Oppo Reno 9A, in Japan. This new handset is available in two colours – Moon White and Night Black – and boasts a glass build. The Oppo Reno 9A is powered by a Qualcomm Snapdragon 695 SoC and has a full HD+ screen with a 90Hz refresh