AMAT UNH INTC and more

AMAT UNH INTC and more

Check out the companies making headlines in after-hours trading. Applied Materials — The semiconductor equipment manufacturer tumbled 11% after the current-quarter outlook missed expectations of analysts polled by LSEG. Fiscal third-quarter earnings and revenue topped estimates. UnitedHealth — The insurer jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed a new stake , according to…

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Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president of Alibaba.com told CNBC the company would work with JPMorgan, which has its own tokenization technology. The cross-border e-commerce unit also launched new AI features to help connect suppliers and buyers on its global platform. Alibaba…

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Court settlement calls for NPR to get M in government funds to operate US public radio system

Court settlement calls for NPR to get $36M in government funds to operate US public radio system

WASHINGTON — National Public Radio will receive approximately $36 million in grant money to operate the nation’s public radio interconnection system under the terms of a court settlement with the federal government’s steward of funding for public broadcasting stations. The settlement, announced late Monday, partially resolves a legal dispute in which NPR accused the Corporation…

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Microsoft launches AI and productivity software bundle for consumers

Microsoft launches AI and productivity software bundle for consumers

Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images Microsoft said Wednesday…

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