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Bain Capital to acquire Gong cha from TA Associates●How young adults are actually buying houses right now●Meta enters the AI coding wars with Muse Spark 1.2 and Muse Code with persistent async background agents●Venezuela’s Oil Production Grows at a Crucial Time Despite Challenges●Yen firms after landmark intervention, dollar near lows on optimism over Iran talks●Sandisk’s stock falls as the company’s forecast doesn’t live up to high expectations●Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.●Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains●Bain Capital to acquire Gong cha from TA Associates●How young adults are actually buying houses right now●Meta enters the AI coding wars with Muse Spark 1.2 and Muse Code with persistent async background agents●Venezuela’s Oil Production Grows at a Crucial Time Despite Challenges●Yen firms after landmark intervention, dollar near lows on optimism over Iran talks●Sandisk’s stock falls as the company’s forecast doesn’t live up to high expectations●Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.●Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains●

Asia

US stocks: Alphabet shares fall 4% as DeepMind chief shifts role in Google’s AI shakeup

Markets-Economic Times · 2h ago · 🇮🇳 India

US stocks: Alphabet shares fall 4% as DeepMind chief shifts role in Google’s AI shakeup

Alphabet's Class C shares declined significantly after a major AI leadership restructuring. DeepMind CEO Demis Hassabis is moving to a new chief scientist role. Several prominent Gemini researchers have departed the company recently. This overhaul occurs as Google DeepMind faces challenges with its latest AI model. The company's cloud business, however, continues to show strong revenue growth.

Read the full story at Markets-Economic Times →

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