OpenAI has responded to Elon Musk's lawsuit, providing evidence claimed to be private emails from Musk and asserting that the company is committed to its mission of building safe and beneficial artificial general intelligence (AGI) for the benefit of humanity.
Chinese tech giant JD.com saw its shares surge 11% after announcing better-than-expected fourth-quarter results and a $3 billion share buyback program. The company's focus on user experience and price competitiveness has improved user engagement, and it plans to drive market share gains in 2024. Additionally, JD.com announced an annual cash dividend of $1.2 billion and a share repurchase plan. Analysts' views on the stock may be revised following the earnings report.
The Volcano Group, self-proclaimed arsonists, caused a power outage at Tesla's German factory, potentially resulting in damages of up to $1 billion, highlighting the vulnerability of critical infrastructure to sabotage.
Super Micro Computer's stock has surged over 25% and its year-to-date gains are at 297% after being announced as a member of the S&P 500, solidifying its position in the AI market and signaling confidence in its future growth.
Southern Living readers have named their top barbecue restaurant in each Southern state for 2024, with traditional establishments winning out over newer ones, and Alabama's Big Bob Gibson's taking the top spot.
Investors can consider investing in Palantir Technologies and Super Micro Computer, two companies in the artificial intelligence field, due to their solid financials, rapid customer acquisition, and the increasing adoption of AI-powered technology.
OpenAI has responded to Elon Musk's lawsuit, presenting historical email correspondence suggesting that Musk supported the creation of a for-profit unit and a merger with Tesla, contradicting his allegations that the company betrayed its altruistic roots.
The video discusses the five stocks that the author is buying in their own portfolio this month and provides reasons why they are a fan of each one.
Matt Frankel reveals the five stocks he is buying in his own portfolio this month, highlighting that there are still bargains to be found in the market despite recent all-time highs.
JD.com, a Chinese e-commerce giant, has announced a $3 billion stock repurchase program and reported a better-than-expected 3.6% rise in revenue, fueled by a broader product lineup and price cuts aimed at cost-conscious Chinese consumers.
Investors looking for high-dividend-yield stocks in 2024 may want to consider Hercules Capital, Ares Capital, Horizon Technology, Energy Transfer, Enterprise Products Partners, Enbridge, Kinder Morgan, Rithm Capital, Altria, and Verizon Communications.
Dividends can provide a lucrative source of passive income, and 10 stocks with ultra-high dividend yields, including Hercules Capital, Ares Capital, and Verizon Communications, are worth considering for investment in 2024.
Wall Street's recent record highs are largely attributed to the outstanding performance of the "Magnificent Seven" stocks, including Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla, which possess sustained competitive advantages in their respective industries.
No tickets matched all six numbers in Tuesday night's Mega Millions jackpot, but a lucky player in Riverside County won more than $2 million by matching five out of six numbers.
Bitcoin's recent pullback from record highs has resulted in normalized funding rates in the crypto perpetual futures market, potentially indicating a cooling market and the possibility of further corrections in the coming weeks.
SoFi Technologies faces potential red flags due to its reliance on its lending business, which may be sensitive to student loan policy and interest rates, leading to a neutral outlook on SOFI stock for 2024.
OpenAI responds to Elon Musk's lawsuit, stating that he sued them after failing to make the company part of Tesla and as retaliation for their progress towards their mission without his involvement.
President Joe Biden praised the Consumer Financial Protection Bureau's new rule that will reduce credit card late fees to $8 from $32, estimating that it will save American families $10 billion annually.
The price of gold reaches a new record high as investors bet on potential rate cuts by the Federal Reserve, with gold considered a resilient investment and hedge against inflation.
Target is launching a new paid membership program called Target Circle 360, offering free same-day delivery and two-day shipping in an effort to rejuvenate sales and compete with Amazon.
The Mega Millions jackpot has reached $650 million for Tuesday night's drawing, with the winning numbers being 2, 49, 50, 61 and 70, and a Mega Ball of 14.
Former producer of raw milk cheese, Johannes Vulto, and his company, Vulto Creamery LLC, have pleaded guilty to causing an outbreak of listeria through their unsafe practices, resulting in two deaths and eight hospitalizations.
The Mega Millions lottery jackpot is estimated to be $650 million, making it the seventh largest Mega Millions jackpot ever and the 18th largest in U.S. lottery history.
The Monroeville Convention Center in Pennsylvania will remain open after local leaders successfully convinced Hobby Lobby and Oxford Development Company to terminate their lease, ensuring that the center can continue to operate as a long-term community asset.
Dodge has released its lineup of new 2024 Dodge Charger sports cars, including the electric 2024 Dodge Charger Daytona Scat Pack, which boasts 670 horsepower, a 0-60 mph time of 3.3 seconds, and an estimated range of 260 miles.
Luxury department store chain Nordstrom foresees a potential decline in sales for its fiscal year 2024, despite its discount store chain Nordstrom Rack experiencing growth due to more consumers opting for off-price outlets.
As Meta completes its annual performance reviews, some employees fear potential layoffs due to the company's emphasis on efficiency and smaller teams, leading to constant job insecurity.
A lawsuit filed by New York Attorney General Letitia James alleges that a cash-advance operation called Yellowstone Capital exploited struggling small businesses by issuing fraudulent loans at exorbitant interest rates, resulting in financial harm to the businesses.
Coffee mate has partnered with Dr Pepper to create a unique creamer called Coffee mate Dirty Soda Coconut Lime Flavored Creamer, allowing soda drinkers to try the viral "Dirty Soda" trend at home.
Alphabet Inc. (GOOG) closed at $133.78, down -0.31% from the previous trading session, as investors anticipate the company's upcoming earnings release and closely monitor analyst estimates and valuation metrics.
Warner Bros. Discovery plans to crack down on password sharing, following Netflix's successful strategy, in an effort to increase subscriber numbers and convert sharers into paying members.
The 2024 Dodge Charger Daytona, the first all-electric muscle car, features a Fratzonic Chambered Exhaust System that mimics the noise and vibration of an internal combustion engine, highlighting the irrationality behind human's desire for loud and powerful cars.
The Biden administration has finalized a rule capping credit card late fees at $8 in an effort to eliminate excessive fees and save families over $10 billion annually.
Salesforce CEO Marc Benioff, who recently faced scrutiny over his land acquisitions in Hawaii, has announced a $150 million donation to regional hospitals in an apparent attempt to salvage his reputation.
Nordstrom's shares fall in after-hours trading after reporting better-than-expected Q4 earnings but issuing a disappointing full-year forecast, while Ross Stores experiences sporadic movements in extended hours trading after beating expectations on earnings in Q4 but falling short on full-year guidance.
Target surpassed Wall Street estimates with its holiday quarter results, reporting increased revenue and net income, as well as unveiling a paid membership program to compete with rivals Walmart and Amazon.
Stocks are facing pressure as several tech giants experience declines and mixed economic data emerges, prompting concerns about high valuations and the risk of a pullback in the sector.
Apple's iPhone sales in China have declined by 24% in the first six weeks of the year due to tough competition from Huawei and aggressive pricing from other Chinese smartphone brands.
Target is planning to open new stores, remodel existing locations, introduce private-label brands, and launch a membership program to achieve growth in 2024 after facing challenges in the previous year, according to Target Chairman and CEO Brian Cornell. Despite a decline in same-store sales, Target reported higher sales, gross profit margin, and earnings per share for Q4 compared to the previous year.
Beloved "Sesame Street" character Cookie Monster and President Joe Biden criticize companies engaging in "shrinkflation," where they sell food products at the same price but with less actual content, leading to consumers getting ripped off.
Apple shares (AAPL) are trading lower after a report showed a decline in iPhone sales in China, but experts believe that sales are delayed rather than gone and that there is optimism for a recovery in the near future.
Apple stock hit its lowest point of the year due to weak iPhone sales in China, causing speculation about how major investor Warren Buffett will respond.
Retailer Ross Stores beat earnings and revenue estimates for the holiday quarter, but gave cautious guidance for the future, causing its stock to fall; Abercrombie & Fitch, Costco, and Dick's Sporting Goods prepare to release their earnings reports.
Several companies, including SoFi, Albemarle, and MicroStrategy, are experiencing a decline in their stock prices after announcing plans to issue convertible bonds, with Albemarle aiming to raise $1.75 billion through a convertible bond offering.
Facebook and Instagram experienced a widespread outage, impacting users' ability to access the platforms, but the issue has been resolved according to Meta's director of communications, Andy Stone.
The U.S. Food and Drug Administration has cleared for marketing the first over-the-counter continuous glucose monitor (CGM), called the Dexcom Stelo Glucose Biosensor System, designed for individuals 18 years and older who do not use insulin and want to monitor their blood sugar levels.
Box Inc.'s stock rose by 2% after reporting its first $1 billion fiscal year and announcing a $100 million share-buyback program, driven by the adoption of Box AI and integration with Microsoft's Azure OpenAI.
Tesla shares hit new lows as production at its Giga Berlin factory were halted due to a power outage caused by an arson attack, adding to the EV maker's recent string of bad news, including disappointing China shipments and price cuts, leading to a 3.9% drop in stock value.
Stocks, particularly tech stocks, tumbled as they retreated from record highs, with the Dow falling 1% and the S&P 500 and Nasdaq Composite sliding 1%, while Apple shares declined due to reported falling iPhone sales in China and Advanced Micro Devices faced regulatory hurdles in China.
Traders are closely watching Apple's stock as it falls below a critical level, signaling a potential pullback and raising concerns about technology shares in general.