Nvidia CEO's Growing Presence Transcends Technology
Huawei's new software: The Chinese company unveiled its first in-house operating system for PCs, offering an alternative to US products as China seeks to replace American technology.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
9 minutes ago
- Associated Press
US sanctions Mexican drug cartel associates accused of scamming elderly Americans
MEXICO CITY (AP) — The U.S. Treasury Department imposed sanctions Wednesday on more than a dozen Mexican companies and four people it says worked with a powerful drug trafficking cartel to scam elderly Americans in a multimillion-dollar timeshare fraud. The network of 13 businesses in areas near the seaside tourist destination of Puerto Vallarta were accused of working with the Jalisco New Generation Cartel, a group designated by the U.S. government as a foreign terrorist organization. In a scheme dating back to 2012, four cartel associates are accused of defrauding American citizens of their life savings through elaborate rental and resale schemes, according to a Treasury statement. In the span of six months, officials said they were able to document $23.1 million sent from mostly people in the U.S. to scammers in Mexico. The sanctions imposed by the administration of U.S. President Donald Trump would prohibit Americans from doing business with the alleged cartel associates and block any of their assets in the U.S.. 'We will continue our effort to completely eradicate the cartels' ability to generate revenue, including their efforts to prey on elderly Americans through timeshare fraud,' U.S. Treasury Secretary Scott Bessent said in a statement. In past years, the administration of then-President Joe Biden also sanctioned associates and accountants related to such schemes. The Wednesday announcement was made amid an ongoing effort by the Trump administration and the Mexican government to crack down on cartels and their diverse sources of income. The U.S. Treasury Department has slapped sanctions on a variety of people from a Mexican rapper who it accused of laundering cartel money to Mexican banks facilitating money transfers in sales of precursor chemicals used to produce fentanyl. The announcement also came one day after Mexico sent 26 high-ranking cartel figures to the U.S. in the latest major deal with the Trump administration as Mexico tries to avoid threatened tariffs.
Bloomberg
11 minutes ago
- Bloomberg
Axon Uses AI to Enhance Public Safety
Axon President Josh Isner joins Open Interest to discuss AI innovation in public safety, aiding the government with new technologies, and expansion plans to international and enterprise sales. (Source: Bloomberg)
Yahoo
39 minutes ago
- Yahoo
Oppenheimer Backs ServiceNow (NOW) as AI-Fuelled Workflows Support Growth Outlook
ServiceNow Inc. (NYSE:NOW) is one of the best large-cap tech stocks to buy now. On July 24, Oppenheimer analyst Brian Schwartz reiterated his Buy rating on ServiceNow and lifted the price target to $1,150 from $1,100. He pointed to strong sales execution, solid margins, and contract revenue in the first half of the year that exceeded expectations. Copyright: melpomen / 123RF Stock Photo Schwartz's update came after ServiceNow posted better-than-expected Q2 2025 results and guided solid subscription revenue growth for Q3. The management is now forecasting about $3.26 billion in subscription sales, slightly ahead of the $3.21 billion average analyst estimate compiled by Bloomberg. The company credited much of the momentum to strong uptake of its generative AI offering, Now Assist, which is available only through higher-priced subscription plans. CFO Gina Mastantuono noted that bookings for the AI tool exceeded expectations, driven by both larger contract values and a higher volume of deals. Schwartz also noted that third-quarter guidance came in ahead of forecasts, supporting potential upside to 2026 estimates. With healthy IT spending trends and growing adoption of AI and back-office solutions, he believes ServiceNow is well-positioned to sustain its momentum through the remainder of 2025 and beyond. ServiceNow Inc. (NYSE:NOW) provides a cloud-based platform for digital workflows, enabling organizations to automate and optimize their business processes. Its Now Platform offers solutions across IT service management, customer service, HR, and other areas. While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Defensive Stocks to Invest in According to Analysts and 10 Most Oversold Semiconductor Stocks So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey.
