Satya nadella is wrapping up his keynote address at the companys build Developers Conference. The shares hitting alltime highs today. Steve kovach joins us from seattle with more. Steve . Reporter hey there, kelly. Yeah, were here at the tail end. Right now we have microsoft cto kevin scott on stage, giving a lot of demos of chatgpt 4. 0. That is, of course, the new language model that chatgpt, open ai launched last year, the one that lets you have these natural conversations. Were also looking, friend of your show, khan, from khan academy is on stage talking about the tudoring benefits. And this is really the big theme of this Developers Conference is giving developers these the latest and greatest tools to run on microsofts azure cloud, like i have been saying for so long. That is where microsoft sees the most financial benefit so far from all this Artificial Intelligence boon. These developers in the room, about 4,000 of them down stairs from where im sitting, theyre the ones who ar
Its wednesday 25th october. Im annita mcveigh. Welcome to bbc newsroom live. The uk economy is growing and at a faster rate than economists were expecting. The latest figures from the office for National Statistics paint a more positive picture of the economy. The figures show that the uk economy grew by 0. 4 between july and september. Most economists were expecting growth of 0. 3 which is how much the economy grew in the first two quarters. The bank of englands main Interest Rate is at the record low of 0. 25 . Todays Economic News increases the chances that the central bank will raise interests next month. Will raise Interest Rates next month. We can speak to our economics editor kamal ahmed. Why is the economy growing faster than many experts were predicting . think weve had better manufacturing news. Since the referendum, sterling has declined in value, which means oui has declined in value, which means our exports are has declined in value, which means oui exports are more has de
They include the audi and porsche. Welcome to countdown. It is a busy morning. Let me walk you through where we stand right now. The Banking Sector is front and center. The the news from Standard Chartered rocking the banking world this morning. Bill winters is cracking on with changing this institution. Let me show you the share price reaction. Standard chartered, from top to bottom, 8 drop in hong kong. We will see how we trade through here in europe. Ubs has just been breaking as well. In terms of the headline numbers, we had a net income 07 billion swiss franc. Looking through the numbers, i would say that the Asset Management division has slightly underperformed. Few misses,is a a few gains. Manus cranny is going to be talking to the ceo later on. Really looking forward to hearing what he has to say about his bank and where it goes from here. 6 45interview coming up at london time the a big focus on the banks in london and in europe and in hong kong. Lets get the details on how as
Morning. We have the nasdaq and the s p working 2 days of losses and about struggling to stay in the green, 16,000, retail sales pretty solid. Boosting consumers stock, discretionary beating the market higher, looking at what we saw from existing homes sales 3. 2 in october and Consumer Prices falling since 2009. That is how the overall market is reacting. Lets look at yahoo shares of 2 present today and up 78 this year. They are aggressively into their Buyback Program adding 5 billion, the most recent Just Announced. Connell president Obama Meeting with state Insurance Commissioners pushing his fix for americans dealing with canceled plans. Dagen rich edson has a read, how many are on board with the idea. A handful have been down since they will do so and allow the president to go forward. The president announced his accommodation last week he would allow state Insurance Commissioners to carry that through. Insurance companies could be issue the plan that has been canceled because of
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