U.S. equities experienced a mixed performance at midday, with retail sales showing strong consumer spending. While the Dow slightly rose, the S&P 500 and Nasdaq fell, driven by varying performances from major stocks including UnitedHealth and Salesforce.
In a surprising turn of events, Moonhub is shutting down despite initial reports of its acquisition by Salesforce. Only a portion of its team will join Salesforce, which is ramping up its AI strategies.
Salesforce CEO Marc Benioff predicts Microsoft's shift towards self-sufficient AI development, distancing itself from OpenAI amid significant investments and technological advancements.
