Mike Schmidt apologizes for inappropriate #MeToo movement comments
Mike Schmidt made a distasteful comment about the #MeToo movement during Sunday’s Phillies broadcast. He apologized for those comments on Monday.
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Microsoft's AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in November for $30 a month. Its earnings on Thursday will be an indicator of AI adoption and could influence the movement of technology stocks as a rally in the sector eases this month amid worries that interest rates in the U.S. could stay high for longer.
Reuters•Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Fortune•Analysts reset Microsoft stock price targets ahead of highly anticipated earnings
Microsoft, which overtook Apple as the world's most valuable company earlier this year, is looking to cement its AI market leadership.
TheStreet•S&P 500 is at risk of crashing 44% — and selling early could pay off, says elite forecaster
It paid off nicely to dump stocks nearly a year before the dot-com and housing bubbles burst, B. Riley's Paul Dietrich said.
Business Insider•China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of
Benzinga•Charlie Munger Explained If You Want To Become Rich, Stop Trying To Be 'Intelligent' And Aim For 'Not Stupid' Instead
Charlie Munger, the late vice-chairman of Berkshire Hathaway Inc., was renowned not just for his investment prowess but for his unconventional approach to achieving financial wisdom. In a world where intelligence is often touted as the key to success, Munger proposed a counterintuitive strategy. "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent," he said. Don't Miss: Can you guess how many A
Benzinga•Suze Orman Decided To Drop Homeowners Insurance After An Outrageous Quote: '$28,000 For A 2,100-Square-Foot Condo. Are You Kidding Me?'
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
Benzinga•Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever
The energy sector is going through a big transition, but these two industry giants are trying to change along with it.
Motley Fool•Should You Buy Super Micro Computer Stock Before Earnings?
Super Micro Computer stock has many investors interested in its quickly approaching update.
Motley Fool•JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
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.
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