Company News for Sep 1, 2023

TechCrunch
Google's best Gemini demo was faked
Google's new Gemini AI model is getting a mixed reception after its big debut yesterday, but users may have less confidence in the company's tech or integrity after finding out that the most impressive demo of Gemini was pretty much faked. A video called "Hands-on with Gemini: Interacting with multimodal AI" hit a million views over the last day, and it's not hard to see why. The impressive demo "highlights some of our favorite interactions with Gemini," showing how the multimodal model (that is
14h ago
SmartAsset
You Need This Much Money to Be Rich in America, Data Reveals
Earning more money can make it easier to pay the bills, fund your financial goals and spend on hobbies or "fun," but what income is considered to make you rich? The answer can depend on several factors, including where you … Continue reading → The post What Income Level Is Considered Rich? appeared first on SmartAsset Blog.
20h ago
Fortune
One of the two female OpenAI board members replaced after the Sam Altman incident says a company lawyer tried to pressure her with an ‘intimidation’ tactic
Speaking out for the first time since the shake-up at OpenAI, ex–board member Helen Toner told her side of the story in an interview with the Wall Street Journal.
14h ago
Investor's Business Daily
Step Aside, Nvidia. This May Be The No. 1 AI Stock Of The Future.
While Nvidia and Microsoft make AI headlines, Snowflake tops the Future 50 list as SNOW stock eyes a holiday breakout.
15h ago
Business Insider
99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says
Within months, all but the top 1% of consumers will likely be doing worse than they were before COVID, in the bank's view.
11h ago
Business Insider
A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt - and he says the economy will pay the price
Elon Musk and Michael Burry have both raised the alarm on US households' spiraling debts. Carl Weinberg predicts they'll spark an economic slowdown.
15h ago
SmartAsset
Study: 84% of Retirees Are Making This RMD Mistake
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
20h ago
Investor's Business Daily
Tesla Stock Is A Sleeping Giant. How To Bet Now On A Big Move Later.
Expecting a move in Tesla but don't know when? These butterflies are low risk with a big potential payout.
15h ago
Business Insider
JPMorgan said a far-flung scenario could derail its bearish stock outlook for 2024. It looks like it may be coming true.
Over the past week, the Russell 2000 is up nearly 3% while the S&P 500 is about flat.
9h ago
Benzinga
Charlie Munger's Final Advice For Investors Is About Embracing Value In Unlikely Places: 'If Something Is Really Cheap, Even Though It's A Crappy Company, I'm Willing To Consider Buying It'
In one of his last public appearances, Charlie Munger discussed a range of investment topics, including his approach to value investing. Munger, Warren Buffett's long-time business partner who died on Nov. 28, shared his insights on the Acquired Podcast. Known for his frank and straightforward style, Munger drew from the teachings of Benjamin Graham, the pioneer of value investing. Don’t Miss: Join the ranks of investors like Bill Gates and Mark Cuban by tapping into early-stage startups. Get th
2d ago
Barrons.com
Why Altria and BAT Are Still Good Income Plays
Tobacco companies face an uncertain future, even as they try to move beyond combustible cigarettes to smokeless products. Vivien Azer, managing director and senior research analyst at TD Cowen, said Altria and BAT understand the dividend is sacrosanct. Shares of Altria, the maker of Marlboro cigarettes, are down 9.6% this year to $41.32 at the close on Thursday.
3h ago
SmartAsset
The Average Retirement Income in the U.S.
Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.
20h ago
SmartAsset
McCaffery Breaks Down How The Rich Avoid Taxes
Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.
20h ago
Yahoo Finance
AMD CEO to Nvidia fans: There will be multiple winners in the AI chip battle
AMD unveils its newest AI chip, taking aim at Nvidia's dominance.
19h ago
Benzinga
Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It
Microsoft Corp. Co-Founder Bill Gates held the title of the world’s richest man for the majority of 20 years before being surpassed by Amazon.com Inc. Founder Jeff Bezos. Yet, he continues to rank among the global elite in terms of wealth. To illustrate the scale of his fortune, consider this: The average person earns about $2.7 million in their lifetime, according to career information site Zippia. Gates earns approximately three to four times that amount in one day, highlighting the extent of
2d ago
SmartAsset
5 Common & Costly Retirement Withdrawal Mistakes, According to the Data
When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.
20h ago
Zacks
Zacks Market Edge Highlights: SAIC, ANET, LLY, PFE and SIG
SAIC, ANET, LLY, PFE and SIG have been highlighted in this Market Edge article.
3h ago
The Wall Street Journal
What's Ailing Alibaba?
$677 BILLION That's how market value [Alibaba (BABA)](https://www.wsj.com/market-data/quotes/BABA) has lost since a peak in October 2020, according to FactSet. Here's a detailed look at what is troubling the Chinese e-commerce giant from Journal reporters Liza Lin and Raffaele Huang.
20h ago
Bloomberg
Stock Futures Steady in Nervy Wait for US Payrolls: Markets Wrap
(Bloomberg) -- US equity futures were steady Friday as traders awaited a pivotal US jobs report for more evidence of whether the labor market is cooling fast enough for the Federal Reserve to cut interest rates. Bonds slipped.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHunter Biden Indicted in Tax Case as White House Woes MountHarvard, Penn Heads Walk Back Genocide Answers After BacklashWall
45m ago
Investopedia
Which of the Biggest U.S. Banks Pay the Best Savings and CD Rates?
If you want to earn a high yield on your cash savings or a CD, but feel most comfortable sticking to a big bank with a familiar name, here are your best options.
14h ago

S&P Futures

Dow Futures

Nasdaq Futures

Russell 2000 Futures

Crude Oil

Gold

Silver

EUR/USD

10-Yr Bond

Vix

GBP/USD

USD/JPY

Bitcoin USD

CMC Crypto 200

FTSE 100

Nikkei 225

Company News for Sep 1, 2023

Recommended Stories

Google's best Gemini demo was faked

You Need This Much Money to Be Rich in America, Data Reveals

One of the two female OpenAI board members replaced after the Sam Altman incident says a company lawyer tried to pressure her with an ‘intimidation’ tactic

Step Aside, Nvidia. This May Be The No. 1 AI Stock Of The Future.

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says

A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt - and he says the economy will pay the price

Study: 84% of Retirees Are Making This RMD Mistake

Tesla Stock Is A Sleeping Giant. How To Bet Now On A Big Move Later.

JPMorgan said a far-flung scenario could derail its bearish stock outlook for 2024. It looks like it may be coming true.

Charlie Munger's Final Advice For Investors Is About Embracing Value In Unlikely Places: 'If Something Is Really Cheap, Even Though It's A Crappy Company, I'm Willing To Consider Buying It'

Why Altria and BAT Are Still Good Income Plays

The Average Retirement Income in the U.S.

McCaffery Breaks Down How The Rich Avoid Taxes

AMD CEO to Nvidia fans: There will be multiple winners in the AI chip battle

Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It

5 Common & Costly Retirement Withdrawal Mistakes, According to the Data

Zacks Market Edge Highlights: SAIC, ANET, LLY, PFE and SIG

What's Ailing Alibaba?

Stock Futures Steady in Nervy Wait for US Payrolls: Markets Wrap

Which of the Biggest U.S. Banks Pay the Best Savings and CD Rates?