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Amazon Launches New Artificial Intelligence Tools to Replace Human Job Interviews

Key Points: Amazon unveiled a new hiring tool called Connect Talent that uses artificial intelligence to conduct automated job interviews around the clock. The company introduced a new design philosophy called humorphism, which focuses on enabling artificial intelligence to adapt to natural human behavior. Amazon recently invested $50 billion into OpenAI, marking a major push...

NXP Semiconductors Sees Massive Stock Jump Following Upbeat Financial Forecast

Key Points: NXP Semiconductors predicts second-quarter revenue will reach up to $3.55 billion, beating earlier Wall Street estimates. The company's stock jumped 15% in extended trading after it released a highly optimistic financial outlook. Car makers and industrial factories are buying chips again after finally clearing out their excess pandemic inventory. First-quarter results also beat...

Travelers Pay the Price as Airlines Pass On Soaring Jet Fuel Costs

Key Points: Airlines face over $6 billion in additional costs this year because the conflict in Iran forced the Strait of Hormuz to close. Domestic economy ticket prices jumped 21% to an average of $570, while premium seats rose 17% to $1,444. Major carriers like American Airlines expect revenue growth of up to 16.5% in...