International Business Machines (IBM) said on Tuesday that it will assist Saudi Arabia in training an artificial intelligence system in Arabic and that it will make a family of AI models available as open-source software.   When it comes to monetizing AI, the Armonk, New York-based business...

After the chipmaker Nvidia releases its earnings on Wednesday, traders are pricing in a significant rise for Nvidia's shares, although U.S. options markets indicate that expectations for volatility are lower than in the past.   Options research company Trade Alert indicates that...

Retailing giant Target said on Monday that it will be cutting prices on at least 5,000 commonly purchased items, ranging from milk to diapers, as it aims to draw in shoppers on a tight budget.   Retailers have been forced to decrease prices in order to attract more customers to their...

At the bank's investor day on Monday, officials from JPMorgan Chase stated that even with the uncertainties surrounding the economy, the company will benefit more from higher U.S. interest rates.   Excluding its markets section, the largest U.S. lender increased its projection for net...

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity. The company is also looking to expand internationally.   In this $800...

Retail favourite GameStop fell 26% on Friday following its announcement that it will sell up to 45 million shares in order to capitalise on this week's meme-stocks craze.   This week saw the greatest trading activity for the company's shares in three years, according to a slew of postings...

As part of a strategic move by Elon Musk, Tesla is moving forward with plans to power the worldwide development of its self-driving system using data from China that might be processed within the nation, according to people with knowledge of the effort.   As part of that endeavour, two...

Price reductions and discount coupons helped Chinese online retailer JD.com raise sales after being negatively impacted by wary customers, as the company announced first-quarter revenue that above market projections.   In order to maintain their e-commerce market share in the second-largest...

In accordance with previous comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry indicated that American consumers were resilient.   According to Walmart officials on Thursday, American consumers are pulling out their...

EU officials said on Thursday that Meta Platforms' social media platforms, Facebook and Instagram, will be examined for possible violations of EU online content regulations concerning child safety. If found in violation, the EU regulators might impose heavy fines.   The landmark Digital...

Walmart increased its prediction for the entire year and released first-quarter earnings on Thursday that were better than anticipated. The company is banking on lower inflation to boost sales of non-essential items like gadgets and clothes as well as food.   In premarket trading,...