ChatGPT, an AI-based chatbot from OpenAI, has gone viral. Based on the company's GPT-3.5 large language model, ChatGPT is capable of some impressive feats. The company also has a large and diversified customer base, which could provide it with a competitive advantage in the AI market.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Viking said Tuesday recipients of its potential obesity treatment lost up to 18 pounds, and VKTX stock launched to a five-year high.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
Tech led the stock market lower Tuesday, with major benchmarks weakening in the last hour. Berkshire Hathaway's Warren Buffett made $450 million on Occidental Petroleum after a Cowen upgrade. Berkshire added more shares in March.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’
Micron is seeing pressure on its business from high customer inventory and weak PC demand. But things improve from here.
Read this before you trade in your gas guzzler.
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Morningstar has put together a list of top dividend stocks held by its 'ultimate stock pickers.'
This futuristic pickup truck developed by Tesla is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and other top executives. Internet searches related to the Cybertruck are considerable.
This money management maven doesn't mince words when it comes to financial faux-pas.
The Charles Schwab Corporation (SCHW) closed the most recent trading day at $53.85, moving -1.84% from the previous trading session.
The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax.
Nvidia stock is working on its third straight daily decline on Tuesday, which has it lower for the week. Earlier this month, I called Nvidia "One of the Best Stocks to Own Right Now" in the midst of the stock rallying almost 24% amid a nine-day win streak. Simply an observation, Nvidia's perception of being one of the best stocks of 2023 is backed up by data.
Commercial real estate debt and mortgages are a 'serious' threat to the economy, warns the serial entrepreneur and billionaire.
This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou
The California-based company, which sells luxury electric sedans priced at $87,000 and above, expects to complete the head-count reductions by the end of the second quarter. Chief Executive Peter Rawlinson wrote in an email sent to employees Tuesday that the cuts would occur across the company’s U.S. operations and include executives. Lucid expects to incur a cost of $24 million to $30 million related to the workforce reductions.
A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping. The REIT is suffering, along with many others in the sector, from investors dumping shares as the banking crisis remains front-page news and the Federal Reserve keeps raising interest rates. Lower expectations for a pivot – where rates begin to go
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