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Schumer leads bipartisan charge to devote $32 billion for guidance on AI

Senate Majority Leader Chuck Schumer (D-NY) is leading a bipartisan effort for lawmakers to address artificial intelligence’s relatively recent emergence, aiming to eventually devote “at least $32 billion per year for (non-defense) AI innovation.” Schumer was joined by Sens. Todd Young (R-IN), Martin Heinrich (D-NM), and Mike Rounds (R-SD) in working on a report that […]

Shopify shares plunge 18% on weak guidance – CNBC

The corporate logo of e-commerce company Shopify is displayed on the building that houses the offices of Shopify Commerce Germany GmbH in Berlin, Germany, on August 8, 2022. Sean Gallup Getty Images Shopify report The company reported first-quarter profits and sales Wednesday that beat Wall Street expectations, but gave a downbeat outlook for the current […]

MongoDB Stock Tumbles After Guidance Comes In Below Expectations – Investor's Business Daily

MongoDB stock plummets late Thursday, even though the database software company reported better-than-expected quarterly profits and sales. The company’s outlook for the current quarter was below consensus. X Mongo DB (MDB) announced January quarter sales of $458 million and adjusted earnings of 86 cents per share.Analysts on average had expected the New York-based company to […]