Shares in Eutelsat Communications are headed for their best week in nearly a year, as enthusiasm over the highly anticipated initial public offering of Elon Musk’s SpaceX spurs investor flows into the sector.

Few companies serve as many consumers and businesses

Such services pose an existential threat to traditional entertainment.

Zara owner Inditex SA is banking on diversification across brands and countries as well as artificial intelligence to spur growth at the world’s largest listed retailer, Chief Executive Officer Óscar García Maceiras said.

Samsung Electronics Co. staved off a potentially catastrophic strike this week, reaching a tentative deal with leaders of its largest union at the last minute to share more profits from the AI boom. But inside the $1.1 trillion technology behemoth, not everyone is happy.

BlackRock Chief Investment Strategist Wei Li says artificial intelligence is driving a lot of the major earnings upgrades in equity markets. "We can look at AI lifting the whole market, but identifying where the bottlenecks are is a good active play," Li tells Bloomberg Television. (Source: Bloomberg)

Patients at the University of Chicago Medicine featured in a promotional video seamlessly refill prescriptions, book appointments and even get parking tips with the help of Agentforce, Salesforce Inc.’s flagship AI tool.

Sander van ’t Noordende, CEO of recruitment giant Randstad, says their base case is that 7-8% of jobs will be replaced by artificial intelligence over the next 5 to 10 years. However, Van ‘t Noordende says he does not see the "doomsday scenario" that some predict. In an interview on "The Pulse with Francine Lacqua" on May 21, van ‘t Noordende said AI will be a "wave" over the next decade, but also presents many opportunities, enabling many workers to be more productive, and requires […]