Fri., Nov. 28: Amazon Among Stocks to Watch
During the shortened U.S. markets session, traders will be watching shares of Amazon, Exxon Mobil and Southwest Airlines. Emma Moody reports. Photo: Getty.
Firefly, Adobe's family of generative AI models, doesn't have the best reputation among creatives. The Firefly image-generation model in particular has been derided as underwhelming and flawed compared to Midjourney, OpenAI’s DALL-E 3, and other rivals, with a tendency to distort limbs and landscapes and miss the nuances in prompts. But Adobe is trying to right the ship with its third-generation model, Firefly Image 3, releasing this week during the company's Max London conference. The model, no
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and "several unforeseen challenges" cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Tesla reported operating income of $1.2 billion in the first quarter, a 54% decrease from the same year-ago period.
Commercial vehicle parking and storage provider Semi-Stow is now Outpost. It hopes to double its existing properties after an infusion of $12.5 million in Series A funding. The post Semi-Stow rebrands as Outpost, raises $12.5M appeared first on FreightWaves.
After a strong market rally to start 2024, investors haven't been impressed by corporate earnings so far this season, even when they've been solid.
Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
(Bloomberg) -- Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get new coverage, which often came with a big increase in cost. Worse, many had outstanding claims for hurricane damage that had not been addressed.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsBiden’s New Chopper Is Demoted After Scorching White Ho
The energy sector is going through a big transition, but these two industry giants are trying to change along with it.