NEW YORK, March 6 (Reuters) - Bank of America ( BAC ) secured a record 644 U.S. patents in 2023, up 13% from the previous year, as the lender focused on information security, artificial intelligence (AI) and machine learning, it said on Wednesday. The second-largest U.S. lender now has 6,600 granted patents or pending applications worldwide, including more than 800...

Palantir Technologies Inc. ( PLTR ) shares are trading higher on Wednesday in the premarket session. The Army Contracting Command – Aberdeen Proving Ground (ACC-APG) has awarded Palantir USG, Inc. a prime contract worth $178.4 million for developing and delivering the Tactical Intelligence Targeting Access Node (TITAN) ground station system.  TITAN, enabled by Artificial intelligence (AI) and machine learning (ML), represents the Army’s...

08:55 AM EST, 03/06/2024 (MT Newswires) -- Oil prices moved higher early on Wednesday after a report showed a smaller than expected rise in US oil inventories last week, offsetting concerns over the health of China's economy. West Texas Intermediate crude oil was last seen up US$1.03 to US$79.18 per barrel, while May Brent crude, the global benchmark, was up...

08:55 AM EST, 03/06/2024 (MT Newswires) -- Consumer stocks were flat to higher pre-bell Wednesday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently inactive. JD.com ( JD ) was up more than 15% after it reported higher Q4 non-GAAP net income and revenue. ...