- Reuters
PRESS DIGEST- Wall Street Journal - May 16
The following are the top stories in the Wall Street Journal. - Microsoft is asking hundreds of employees in China to consider transferring outside the country amid a rise in tensions between Washington and Beijing around critical technology like cloud computing and artificial intelligence. - International Business Machines is selling to Palo Alto Networks its cloud-based QRadar cybersecurity software as the two technology companies deepen their partnership in jointly selling and developing security products powered by artificial intelligence.
- Yahoo Finance
Grocery prices jumped 1.2% last month as food inflation returns to pre-pandemic levels
Food prices were unchanged month over month as shoppers get used to higher bills.
- Zacks
Jack in the Box (JACK) Q2 Earnings Top Estimates, Revenues Lag
Jack in the Box's (JACK) fiscal second-quarter comps are negatively impacted by reduced transactions, an unfavorable mix shift and a delay in the Smashed Jack launch.
