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Cruise to begin testing origin robotaxis in austin in coming weeks
Cruise, the self-driving unit under GM, is rolling out its custom built Origin robotaxi on Austin's public streets in the next several weeks, CEO Kyle...
Amc stock alert: shareholders preliminarily approve ape conversion, reverse stock split
All eyes are on AMC Entertainment (NYSE: AMC ) and AMC Entertainment Preferred Equity Units (NYSE: APE ) following the closing of AMC's special meetin...
Veritex holdings: navigating through the latest banking crisis
Shares of Texas community bank Veritex Holdings, Inc. are down 50% from their mid-March 2022 highs, thanks to SVB Financial Group's collapse and a scu...
Airbus stock outperforms: airplane deliveries lag
Airbus had a strong order month with the reinstatement of the Qatar Airways airplane order. Deliveries continue to be soft and are falling behind last...
Muln stock alert: why mullen is on the short sale restriction list (again)
On Monday, shares of electric vehicle startup Mullen Automotive (NASDAQ: MULN ) triggered the SEC's short sale-related circuit breaker, placing MULN s...
Jpmorgan chase: a buy despite the banking turmoil
The share prices of regional U.S. banks crashed on Monday: while First Republic Bank fell by 60%, Western Alliance decreased by about 45%. Today, thos...
Bank etfs bounce as this regional banking fund sees ‘record' trading volume over recent days
Exchange-traded funds focused on bank stocks are bouncing as investors appear to be wading back into the beleaguered banking sector amid strong tradin...
Are taxpayers on the hook for svb and signature deposits?
U.S. regulators' assurance that all depositors would get their money back has prompted questions about whether taxpayer funds are at risk....
Which casino stock could fetch the most attractive returns?
The Covid-19 pandemic crushed travel and casino companies. However, pent-up demand following the reopening of the economy boosted travel and helped dr...
Terrascend applies for toronto stock exchange listing in ‘evolving regulatory environment'
TerrAscend Corp (CSE:TER, OTCQX:TRSSF), a leading North American cannabis operator, has announced that it has applied to list its common shares on th...
Google workspace, its office software suite, hits 9 million paying organizations
Google Workspace apps are getting an AI upgrade in an attempt to catch up to Microsoft after blowing a pandemic lead....
Evercore's stephen kim's bullish case for the homebuilders
Stephen Kim, Evercore ISI homebuilder analyst, joins 'The Exchange' to discuss the housing market and why he says buy these homebuilder names....
Fda staff report says data shows pfizer's covid treatment paxlovid is effective in high-risk adults
FDA staff said Pfizer's clinical trial results on its Covid antiviral pill Paxlovid support its use in adults at high risk of progressing to severe di...
Ceo walt bettinger just bought charles schwab (schw) stock
It hasn't been a good week for the financial sector and Charles Schwab (NYSE: SCHW ) stock is no exception. Since the collapse of SVB Financial's (NAS...
Soma gold temporarily suspends mining operations at el bagre due to 'civil unrest'
(Kitco News) - Soma Gold (TSXV: SOMA) announced yesterday that mining and processing operations at its El Bagre gold mining complex in Colombia have b...
Billionaire investor ray dalio says the silicon valley bank failure marks a 'canary in the coal mine' that will have repercussions beyond the vc world
The current phase of the economic cycle could see more firms forced to sell assets at a loss, precisely the factor that sparked the fall of SVB....
Apple delays bonuses for some staff
Apple Inc. is delaying bonuses for some corporate divisions and expanding a cost-cutting effort, joining Silicon Valley peers in trying to streamline...
I think you'll see depositors flow toward the healthiest banks, says wafd bank ceo
Brent Beardall, president and CEO of WaFd Bank in Seattle, joins 'Power Lunch' to discuss his bank's diversification and whether he's heard from custo...
Apple is reportedly delaying some bonuses and freezing hiring for more jobs
Apple is also keeping a closer eye on travel spending and office attendance amid its belt-tightening, Bloomberg reports....
Silicon valley bank's new ceo urges customers to bring deposits back
SVB's new CEO Tim Mayopoulos has had a lot to say in the 24 hours since he joined the bank on Monday....
Carrier global can continue its outperformance
CARR's revenue should benefit from price hikes, high backlog levels, long-term drivers like sustainability and M&As. Margins are likely to remain flat...
Sam altman unveils the hotly anticipated gpt-4, an ai model he says 'can pass a bar exam and score a 5 on several ap exams'
OpenAI CEO Sam Altman unveiled the much-anticipated GPT-4 model....
The silicon valley bank rescue means regulators have guaranteed deposits for the entire us financial system, evercore founder roger altman says
"If the taxpayer is guaranteeing the key liability, should the taxpayer allow the shareholders to realize the benefit of that?" Roger Altman said....
Duolingo launches new subscription tier with access to ai tutor powered by gpt-4
Duolingo is introducing a new subscription tier with features powered by OpenAI's new GPT-4 technology, the company announced on Tuesday. The new tier...
Meta cuts more jobs in latest tech layoffs
Meta has joined Palantir Technologies, Twilio, Zoom, eBay, Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazo...
Wells fargo: no crisis here
Wells Fargo & Company fell below $40 on fears of a banking crisis. The large bank doesn't face the same risk levels due to lower uninsured deposits as...
Openai says new model gpt-4 is more creative and less likely to invent facts
Latest version can take images as inputs and improves upon many of the criticisms users had, but will still ‘hallucinate' facts...
Former ibm ceo rometty on svb, us tech outlook
Former IBM CEO and Chair Ginni Rometty, a JPMorgan board member, joins Ed Ludlow and Caroline Hyde to discuss her new book "Good Power," the importanc...
Silicon valley bank 'shock' winding down: barron's reporter
Barron's reporter Carleton English discusses who's to blame for the Silicon Valley Bank failure on 'Varney & Co.' #foxbusiness #varney...
Apple plans to delay bonuses for some employees: report
Apple Inc. AAPL reportedly plans to delay some corporate bonuses as it continues its efforts to cut costs, according to Bloomberg News. The Tuesday af...
Openai launches new ai it claims surpasses chatgpt
OpenAI launched a new AI model, GPT-4, Tuesday, adding to the surge in interest for artificial intelligence applications. Among other things, GPT-4 su...
Svb's collapse completely screwed things up for companies with bad credit
It's now even more expensive for companies with junk-rated debt to raise money, thanks to SVB's implosion....
Illumina retains ‘buy' rating from canaccord as activist investor carl icahn prepares for face-off
Analysts at Canaccord Genuity (TSX:CF, LSE:CF) have reiterated their ‘Buy' rating and $300 price target for Illumina Inc (NASDAQ:ILMN) after act...
Truist: immense unrealized bond losses threaten core equity stability
Among the top-ten largest U.S. banks, Truist Financial Corporation suffered the most significant losses over the past week, losing ~25% of its value. ...
Are any airline stocks a buy right now, or are they all still grounded?
The airline industry expects demand to soar coming out of the pandemic. What does that mean for airline stocks?...