China’s Alibaba releases its own AI tool - Mo...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  Show more

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

Plus: Apple delays release of iPhone Air in China. Cryptocurrency platform Gemini Space Station gains 25% on its first day of trading. And Alibaba shares surge on its increased AI efforts. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for inform ...  Show more

Wedbush says the Nvidia-OpenAI ushers in a new phase in AI development. (0:15) Alibaba unveils its new large language model. (1:17) Nissan shows off AI self-driving. (2:08)Show NotesNvidia is keeping the U.S. out of a recessionEpisode transcripts seekingalpha.com/wsb. Sign up for ...  Show more

A.M. Edition for Aug 29. Alibaba’s new chip will be made in China and seeks to offer an alternative to Nvidia’s H20, as local companies work to build up an arsenal of homegrown technology. Plus, President Trump’s trade policy, as well as higher commodity costs, are starting to tr ...  Show more

Chinese AI lab DeepSeek rattles Silicon Valley. (00:26) Meta offering creators deals to promote Instagram on other apps: report. (01:52) Diversified Energy (DEC) nears $1.3B deal for Permian Basin natural gas player - WSJ. (03:02) Episode transcripts seekingalpha.com/wsb. Show li ...  Show more