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OpenAI closes $300M share sale at $27B-29B valuation

Jennifer DuBois -
Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a tender offer, is separate...
Business

Artificial Intelligence Is Driving the Stock Market. It Has Some Advice for You.

Jennifer DuBois -
“I’m the elephant in the room, and I’m not afraid to sparkle,” says a digital replica...
Business

Nouriel Roubini says a hard-landing recession or entrenched inflation are the only 2 possible outcomes as the Fed battles a ‘trilemma’

Jennifer DuBois -
Solving the US economy's financial issues with only Fed tightening looks like "Mission Impossible," Nouriel Roubini said.The Fed's current approach will result in...
Business

Amazon Earnings Are a Bad Omen for Big Tech Stocks. Here’s Why.

Jennifer DuBois -
Amazon Earnings Are a Bad Omen for Big Tech Stocks. Here’s Why. Source link
Business

Top CD Rates Today, April 28

Jennifer DuBois -
Note that the "top rates" quoted here are the highest nationally available rates Investopedia has identified in its daily rate research on hundreds...
Business

Why J&J’s Kenvue Spinoff Is Just What the IPO Doctor Ordered

Jennifer DuBois -
After months of waiting, investors finally have an initial public offering worth buying. It’s no highflying...
Business

On Thursday, Lyft’s new CEO laid off over 1,000 employees. On Friday he ordered remaining ones back to the office

Jennifer DuBois -
A substantial number of employees have grown accustomed to working from home in recent years, but CEOs are increasingly issuing return-to-office mandates. Lyft...
Business

Jamie Dimon says he understands workers’ threats to not return to the office, but ‘they can not do it elsewhere’

Jennifer DuBois -
Three years into the return to office battle, an exasperated JPMorgan Chase CEO Jamie Dimon is not mincing words.More from Fortune: 5...
Business

Apple Rising As Investors Bet On A Sunny March-Quarter Report

Jennifer DuBois -
Apple (AAPL) stock has been rising ahead of the consumer electronics giant's March-quarter earnings release as investors bet on a better-than-expected report. X The Cupertino,...
Business

Cloudflare Stock Plunges On Weak Revenue Guidance

Jennifer DuBois -
Cloudflare (NET) reported first-quarter earnings that topped estimates while revenue roughly met expectations. But Cloudflare stock plunged early Friday on a weak June-quarter...
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