Feb 24 (Reuters) - Anthropic on Monday launched an advanced AI model that can produce faster responses or display its step-by-step reasoning process, as it looks to gain a competitive edge in the generative artificial intelligence industry. The introduction of Anthropic's hybrid model - which combines multiple reasoning approaches to solve complex problems more effectively - comes amid fierce competition...

01:32 PM EST, 02/24/2025 (MT Newswires) -- Hasbro ( HAS ) and toy company Basic Fun! have entered a global licensing agreement, Basic Fun said Monday afternoon. Per the deal, Basic Fun will manufacture and distribute Hasbro's ( HAS ) Stretch Armstrong toys, both the classic design and a reimagined version, the company said. It is also partnering with key...

01:31 PM EST, 02/24/2025 (MT Newswires) -- US equity indexes traded mixed after midday Monday amid a decline in technology and as investors awaited Nvidia's ( NVDA ) earnings and the Federal Reserve's preferred inflation data. The Nasdaq Composite fell 0.1% to 19,497.2. The Dow Jones Industrial Average, however, rose 0.6% to 43,681.7 and the S&P 500 climbed 0.3% to...

Celsius Holdings Inc ( CELH ) reported better-than-expected fourth-quarter earnings and entered into an agreement to acquire Alani Nutrition for $1.8 billion. The following are the analysts reaction to both the events. Needham analyst Gerald Pascarelli reiterated a Buy rating on the shares and maintained a price forecast of $38.00. The acquisition of the energy brand Alani Nu represents a revenue...