Business

Others likely to follow Caterpillar’s tariff-cost warning as prices rise  MarketWatch Caterpillar Stock Drops as It Resizes Trump Tariffs Hit  Barron’s Caterpillar falls after raising annual tariff hit forecast  Reuters Caterpillar Warns Tariff Impact Bigger Than Previously Seen  Bloomberg.com Caterpillar Says Higher Tariff Costs May Reach $1.8 Billion  The Wall Street Journal Source link

Key Points The chip is specifically for inferencing rather than training but Alibaba will still use semiconductors from other vendors like Nvidia. Alibaba said it would invest at least 380 billion Chinese yuan ($53.1 billion) in AI over the next three years. Chinese technology firms have focused on developing homegrown chips over the last few years amid rising geopolitical tensions …

CVS and Walgreens restrict COVID vaccines in Colorado  Axios C.D.C. Uncertainty Upends Covid Vaccine Access at CVS and Walgreens  The New York Times States where you can get a COVID vaccine at CVS following RFK Jr. changes  Axios Where is CVS offering coronavirus vaccines? What to know about getting shots.  The Washington Post Pharmacies will require prescriptions for COVID shots in Colorado this year  KUSA.com …

Top Stock Movers Now: Caterpillar, Nvidia, Autodesk, and More  Investopedia Stocks making the biggest moves premarket: Alibaba, Ulta, Dell Technologies, Caterpillar and more  CNBC Alibaba, Marvell, Affirm, Nvidia, Dell, Autodesk, Ambarella, IREN, and More Movers  Barron’s Biggest stock movers Friday: MRVL, ADSK, DELL, BABA, and more  Seeking Alpha Stocks to Watch Recap: Dell, Alibaba, Caterpillar, Ulta  The Wall Street Journal Source link

In brief Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes. Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption. His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt. Speaking at the Bitcoin Asia conference in Hong …

Meta says it’s changing the way it trains AI chatbots to prioritize teen safety, a spokesperson exclusively told TechCrunch, following an investigative report on the company’s lack of AI safeguards for minors. The company says it will now train chatbots to no longer engage with teenage users on self-harm, suicide, disordered eating, or potentially inappropriate romantic conversations. Meta says these …

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore …

WALLOPS ISLAND, Va. — A new reusable rocket with jaws like a cosmic hippo, an innovative booster built by the company Rocket Lab, finally has its first launch pad on the Virginia coast and could make its first flight by the end of the year. The novel booster, called Neutron, is Rocket Lab’s newest and the company’s first purpose-built reusable …

Cracker Barrel didn’t stop at just bringing back its old logo after MAGA raged over its “woke” new redesign. The Pride and DEI sections of the Tennessee-based restaurant chain’s website have also quietly disappeared after it backed down from an effort to modernize its logo with a minimalist design as part of a $700 million rebrand. The new logo had …

Indulge us in an extended simile for a moment: The REI Labor Day sale is like a lone streak of sunlight breaking through an endless expanse of gray skies. Sure, it’s hard to see the end of summer as a positive, but for anyone—like, uh, me—yearning for good weather, the smell of bug spray, and the chance to get outside, …