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Market news: AstraZeneca's (AZN.O) oral obesity medication helped patients lose 10.5% of their weight in trials.
Cadence announced a collaboration with Intel (INTC.O) foundries to accelerate optimization of Intel's 14A process for HPC and mobile designs.
Applied Digital (APLD.O) has signed a 210 MW lease agreement for the Delta Forge2 project, expanding its “AI Factory” franchise model to its fifth campus.
The Dow Jones Industrial Average closed down 80.77 points, or 0.16%, at 50,786.01 on Monday, June 8; the S&P 500 rose 21.94 points, or 0.30%, to 7,405.68 on Monday, June 8; and the Nasdaq Composite rose 220.23 points, or 0.86%, to 25,929.66 on Monday, June 8.
Salesforce (CRM.N): Signed a definitive agreement to acquire M3ter. The transaction is expected to close in the second quarter of Salesforce's fiscal year 2027.
June 9th - U.S. stocks closed Monday with the Dow Jones Industrial Average down 0.16%, the S&P 500 up 0.29%, and the Nasdaq Composite up 0.86%. Micron Technology (MRVL.O) rose 9.6%, Intel (INTC.O) rose 11%, and Micron Technology (MU.O) rose nearly 10%. The Nasdaq China Golden Dragon Index closed down 0.6%, and Alibaba (BABA.N) fell nearly 1%.
Iranian Parliament Speaker Qalibaf: Iran does not need to choose between war and negotiation; it will fight when the time is right, and it will negotiate when the time is right.
Ukrainian President Zelensky: Today I spoke with US President's special envoys Witkov and Kushner. The conversation was very positive.
Rio Tinto (RIO.N) Canada Fund will increase its community investment to $13 million CAD to better meet the needs of Canadians.
Apple's chief software officer, Craig Federighi, stated that Apple (AAPL.O) will not use the screen-aware feature of the new Siri AI system to serve ads.
According to NBC: Nvidia (NVDA.O) CEO said he would be happy to receive Warren and speak with her.
According to Nikkei, Nippon Steel will invest up to $2.5 billion in a U.S. Steel (XN) complex in Pennsylvania.
According to NBC: Nvidia (NVDA.O) CEO Warren declined an invitation to testify at a hearing this week.
Southwest Airlines (LUV.N) and Singapore Airlines have launched a connecting flight partnership.
Market news: Paramount (PSKY.O) has made concessions to avoid antitrust lawsuits in various states.
Apple's software chief Craig Federighi: In addition to the AFM Cloud Pro, Apple's other four models will continue to be equipped with Apple's own chips.
Apple's chief software engineer, Craig Federighi, said that Apple's largest model, "AFM Cloud Pro," will run on Google Cloud infrastructure.
Apple's chief software engineer, Craig Federighi, said: "Apple is working with Google and Nvidia to integrate its proprietary cloud computing solutions into Google Cloud's infrastructure."
Apple's chief software engineer, Craig Federighi, said: "Apple has entered the third phase of the Apple foundation model."
Apple's chief software engineer, Craig Federighi, stated that Apple's private cloud will use three AI models developed in-house by Apple, based on its collaboration with Google.
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