BuzzFeed stock rises 150% as company plans to use AI to create content

Buzzfeed is planning to heavily lean on AI-generated content, CEO Jonah Peretti said in a memo to staff on Thursday.

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  BuzzFeed is the latest publisher to embrace AI-generated content

  Engadget
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  BuzzFeed soars on reports of plans to use ChatGPT's OpenAI, Meta deal

  Reuters

‘The enemy is inside of Tesla,’ Wall Street analyst warns on Elon Musk

Elon Musk is still a risk to Tesla, warns one top analyst.

Comcast says 2023 will see 'peak losses' for Peacock after losing $978M in Q4

Comcast reported mounting losses in its direct-to-consumer streaming service, Peacock, as the industry struggles with rising costs and greater competition.

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  Peacock tops 20M subscribers in Q4 as losses widen

  TechCrunch
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  Despite a $2.5B loss in 2022, Comcast remains bullish on Peacock after doubling subscriptions

  American City Business Journals

Mortgage rates decline yet again

The rate on the average 30-year fixed mortgage decreased to 6.13% from 6.15% a week prior, according to Freddie Mac.

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  Average long-term mortgage rate at lowest level in 4 months

  Associated Press
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  Mortgage Rates Slip to 6.13% in Third-Straight Weekly Decline

  Bloomberg