Overnight US Stocks | PPI and Retail Data Strengthen Expectations for Interest Rate Hike - Three Major Indexes Close Higher
As of the close, the Dow Jones Industrial Average rose 163.51 points, or 0.47%, to 34991.21; the Nasdaq Composite rose 9.45 points, or 0.07%, to 14103.84; and the S&P 500 Index rose 7.18 points, or 0.16%, to 4502.88.
ommerceMicrosoft 365
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Opilot's new features. On Wednesday, Microsoft announced a series of new features for its artificial intelligence assistant tool, Microsoft 365 Copilot. When using Copilot in the collaboration tool Microsoft Teams, it will be able to take notes, record quotations, and summarize ideas and key points in work meetings using its "intelligent paraphrasing" feature. In Microsoft Outlook, Copilot will assist users in preparing for meetings by "organizing invitation details, relevant emails, and related documents to build comprehensive summaries," and enable them to create email thread summaries and schedule meetings. Other new features for the service include options to quickly find changes made to Word documents for customers, and potential modification ideas for PowerPoint's corporate brand assets using images generated by artificial intelligence.Amazon (AMZN.US) has launched a smart Siasun Robot&Automation called Astro for Business, providing patrol, monitoring, and smart alarm services for small and medium-sized enterprises. On Wednesday local time, technology giant Amazon introduced Astro for Business, which combines Siasun Robot&Automation, intelligent security, and artificial intelligence (AI) technologies to serve as a crime prevention tool designed specifically for retailers, manufacturers, and other small businesses. Astro for Business can move autonomously or be controlled remotely, and it is equipped with a high-definition periscope camera with night vision, providing real-time video monitoring and two-way communication capabilities around the clock.
Rating from a major bank
HSBC: Raises target price for Huya (HUYA.US) from $2.8 to $3.9.
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