Posts with tag: fiction
Elon Musk's bid to buy OpenAI raises conflict with his lawsuit against their for-profit transition, as OpenAI argues in a letter to a federal court.
Published on: February 13, 2025, 02:01 AM UTC
Research calls from top Wall Street analysts, including upgrades for Tesla, Instacart, and GlobalFoundries, and downgrades for Staar Surgical and PPG.
Published on: February 12, 2025, 03:01 PM UTC
Fed likely to hold rates after hotter-than-expected inflation data, Powell says
Published on: February 12, 2025, 03:00 PM UTC
Nova (NVMI) Reports Q4: Analysts Expect 38.7% YoY Revenue Growth, $1.82 EPS
Published on: February 12, 2025, 02:09 PM UTC
Super Micro Computer reports preliminary Q2 earnings, expects to avoid Nasdaq delisting with delayed filings by Feb 25 deadline.
Published on: February 12, 2025, 07:01 AM UTC
Avis Budget Group reports a fourth-quarter loss of $1.96 billion, despite beating Wall Street expectations. The car rental company reported revenue of $2.71 billion, falling short of Street forecasts.
Published on: February 11, 2025, 10:06 PM UTC
Fed Chair Powell reiterates cautious stance on interest rates, noting strong economy and stubborn inflation. Powell faces questions on monetary policy and Trump administration's economic policies. Fed policymakers plan to move slowly and assess inflation and impact of Trump's policies before adjusting rates.
Published on: February 11, 2025, 08:03 PM UTC
Elon Musk offers $97.4 billion to buy OpenAI, the nonprofit governing the popular AI research lab. OpenAI CEO Sam Altman dismisses the offer, but experts say it could complicate OpenAI's plans to convert to a for-profit company. Musk's bid raises the potential market value of OpenAI's assets and could force the company to raise more capital, diluting the value of existing investors' stakes.
Published on: February 11, 2025, 08:00 PM UTC
Gold prices rise on trade war fears, analysts see more upside
Published on: February 11, 2025, 07:03 PM UTC
US stocks traded mixed Tuesday, with Dow Jones Industrial Average higher, S&P 500 flat, and Nasdaq Composite lower. Investors digested Trump's tariff announcements and awaited Jerome Powell's testimony. Coca-Cola shares rose after earnings beat, while Shopify stock rebounded from losses. Gold surged on tariff threats, while Powell emphasized Fed independence and played down recession concerns.
Published on: February 11, 2025, 07:01 PM UTC