Strong set of earnings after the market close on wednesday. The stock has soared more than 90 this year alone will stop this off the back of enthusiasm that al this off the back of enthusiasm that ai will boost corporate profit. The question is will als big spenders, the likes of Amazon Microsoft continue to place orders and drive sales and Profit Growth . Or is that trajectory beginning to ease . Wall street is beating the chipmaker will exceed expectations. In other news, Pixar Animation Studios known for producing classic films like toy story, is laying off roughly 14 of its workforce. This is part of broader restructuring by Parent Company walt disney, and reflects a move away from the production of original content for the disney plus streaming service. Instead, pixarwill refocus on feature films. These layoffs follow similar cuts made injune last year. To another big story we have been covering newsday. A Singapore Airlines flight was hit with severe turbulence causing the death
The stock soared more than 90 this year alone, all of this out the back of enthusiasm that al out the back of enthusiasm that ai will boost corporate profits. The question is will the big spenders microsoft, mike amazon micros on. Wall street is betting the chip maker will exceed expectations of. Chip maker will exceed expectations of. Staying with al. Several global firms made a fresh pledge at a two day Artificial Intelligence Summit In Seoul to develop ai safely. The companies include the us tech giants google, meta and microsoft, as well as Asian Firms Alibaba and samsung electronics. They vowed to ensure the safety of their most advanced ai models with promises of accountable governance and public transparency. This summit in south korea follows an inaugural meeting held in the uk last november. Japan is turning out to be a popular tourist Pixar Animation Studios is laying off roughly 14 is of its workforce. As part of a broader restructuring of the Parent Company walt disney and