Saudi energy ministry building AI team with multi-billion riyal budget -official – Yahoo Finance

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DUBAI (Reuters) – Saudi Arabia's energy ministry is building an artificial intelligence (AI) team with a multi-billion riyal budget, Yehia Khoja, an adviser at the ministry, said on Sunday at the Youth Green Summit.
($1 = 3.7507 riyals)
(Reporting by Yousef Saba; writing by Shakeel Ahmad; Editing by Hugh Lawson)
IBM's (NYSE: IBM) stock tumbled nearly 10% to a seven-month low on Oct. 21 after the tech giant posted a weak third-quarter report. IBM's revenue rose just 0.3% year-over-year to $17.6 billion, which missed estimates by $190 million.
XPeng hosted a technology event over the weekend and showcased its latest charging, self driving and robotics technology. There was a flying car, too.
Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year's election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump's new social media venture to almost $12 billion.
Every time I have been to Mar-a-Lago, Donald Trump has been a gracious host to my family, and we have wonderful memories of our times there. Further, the U.S. economy under President Trump was clearly better than it is today, since all you have to do is check food and gasoline prices. Accordingly, it came as little surprise to me that Digital World Acquisition (DWAC) exploded after it announced a deal with an entity called Trump Media & Technology Group.
Ford Motor Company (NYSE: F) will report its third-quarter results after the U.S. markets close on Wednesday, Oct. 27. Wall Street analysts polled by Thomson Reuters expect Ford to report adjusted earnings per share of $0.26 on automotive revenue of $33.04 billion. Sales of Ford's F-Series pickups fell 22% in the third quarter, despite high demand, as chip supplies limited production.
Shares of Remark Holdings Inc. skyrocketed 240.1% on massive volume in premarket trading Monday, putting them on track to open with an 8-fold gain in two days. Trading volume spiked to 69.3 million shares ahead of the open, making the artificial intelligence products developer's stock the most actively traded ahead of the open, and well above the full-day average volume of about 8 million shares. On Friday, the stock soared 138.4% on volume of 198.5 million shares, after closing Thursday at 91 c
Biotech stocks are in a slump. Despite numerous wins in the high-profile areas of COVID-19 and cancer therapy, the industry has failed to excite investors this year — as seen in the 12% year-to-date fall in the the bellwether SPDR S&P Biotech ETF. Risk-tolerant growth investors appear to be favoring other vehicles over biotech in 2021, such as the red-hot cryptocurrency Shiba Inu (CRYPTO: SHIB), electric-vehicle giant Tesla (NASDAQ: TSLA), and emerging social media plays such as Digital World Acquisition (NASDAQ: DWAC) and Phunware (NASDAQ: PHUN).
The most recent examples are the explosive upward moves by shares of Donald Trump's social media-associated stocks, Digital World Acquisition (NASDAQ: DWAC) and Phunware (NASDAQ: PHUN). Last week, Digital World Acquisition's shares rose by as much as 1,500%. Mergers and acquisitions have been the name of the game for biotech investors this year.
The Company’s QuadSight® system will be tested for use in fully autonomous tractors
It looks like Blackstone Inc. ( NYSE:BX ) is about to go ex-dividend in the next 3 days. The ex-dividend date is one…
Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) is possibly approaching a major achievement in its business, so we would…
The first no-brainer stock patient investors can buy right now with $50 is mobile gaming platform company Skillz (NYSE: SKLZ). Shares of Skillz have lost more than three-quarters of their value since peaking in early February. What makes Skillz such an intriguing company is that it's avoided the costly development side of the equation and focused its efforts on being a platform where gamers can compete against each other for cash prizes.
(Bloomberg) — Few people could have predicted the downward spiral for Alibaba Group Holding, when founder Jack Ma delivered a blunt criticism of China’s financial system last October. Most Read from BloombergCities' Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Top Money Maker at Deutsche Bank Reaps Billions F
Snap (NYSE: SNAP) shares were getting shellacked after the social media company turned in a disappointing third-quarter earnings report. Shares plunged more than 20% Friday morning after the company missed revenue estimates for the third quarter and offered underwhelming guidance for the current period. Q3 revenue increased 57% to $1.07 billion, but that was short of the company's guidance and the analyst consensus of $1.1 billion, while management guided for Q4 revenue of $1.165 billion to $1.205 billion, or just 30% growth at the midpoint.
Unless you’re lucky enough to have a full pension and benefits that kick in that early—such as full military retirement or from work as a police officer or firefighter—you’ll probably need to work until at least age 67 to accrue enough money for a comfortable retirement. Around one-third of Americans start claiming Social Security benefits in their first month of eligibility when they turn 62.
In this article, we discuss the legendary value investor Bill Miller’s top 10 stock picks. You can skip our detailed analysis of the billionaire’s hedge fund and investment philosophy, and go directly to read the Legendary Value Investor Bill Miller’s Top 5 Stock Picks. Bill Miller is an American value investor, philanthropist, and hedge fund […]
PayPal rose while PINS stock tumbled after the payments giant said it's pursuing a Pinterest acquisition "at this time."
The Dow Jones Industrial Average fell 50 points Monday, as Tesla surged to record highs. The Donald Trump SPAC soared as much as 29%.
This week I see Digital World Acquisition Corp. (NASDAQ: DWAC), Pinterest (NYSE: PINS), and PetMed Express (NASDAQ: PETS) as vulnerable investments in the near term. One of last week's biggest winners was Digital World Acquisition. It exploded higher in the final two trading days after announcing that it would be joining forces with Donald Trump's new media company venture.
Kinder Morgan, Inc. ( NYSE:KMI ) stock is about to trade ex-dividend in three days. The ex-dividend date is one…

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