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Companies: Apple restructures sales teams. Apple is cutting a small number of roles across its global sales organization as part of an internal restructuring aimed at streamlining operations, and the company said affected employees may apply for other positions while hiring continues in priority areas. The Economy: United States delays key gross domestic product release. Federal statistical agencies will postpone the initial estimate of third-quarter gross domestic product, shifting the publication to just before Christmas and redirecting market attention toward the rescheduled official reading. Markets: Wall Street rises on technology momentum. United States equity markets ended the last session higher, driven by a rebound in major technology stocks that lifted the Nasdaq Composite Index, the Standard and Poors Five Hundred Index and the Dow Jones Industrial Average, with the move reflecting stronger expectations for future interest rate cuts and positioning investors ahead of upcoming economic data. Innovation: Anthropic launches Claude Opus Four Point Five. Anthropic released its latest artificial intelligence model, expanding the Claude family with an update aimed at broader commercial use, and the launch follows recent strategic partnerships in the sector that reinforce the companys pace of development in advanced artificial intelligence systems.
By Bobbie CastCompanies: Apple restructures sales teams. Apple is cutting a small number of roles across its global sales organization as part of an internal restructuring aimed at streamlining operations, and the company said affected employees may apply for other positions while hiring continues in priority areas. The Economy: United States delays key gross domestic product release. Federal statistical agencies will postpone the initial estimate of third-quarter gross domestic product, shifting the publication to just before Christmas and redirecting market attention toward the rescheduled official reading. Markets: Wall Street rises on technology momentum. United States equity markets ended the last session higher, driven by a rebound in major technology stocks that lifted the Nasdaq Composite Index, the Standard and Poors Five Hundred Index and the Dow Jones Industrial Average, with the move reflecting stronger expectations for future interest rate cuts and positioning investors ahead of upcoming economic data. Innovation: Anthropic launches Claude Opus Four Point Five. Anthropic released its latest artificial intelligence model, expanding the Claude family with an update aimed at broader commercial use, and the launch follows recent strategic partnerships in the sector that reinforce the companys pace of development in advanced artificial intelligence systems.