Additional images, third-party plugins, and other enhancements are also planned by Microsoft. Today, Microsoft continued its push to incorporate generative AI features into all of its products by announcing a number of minor updates to its ChatGPT-powered Bing chatbot and transitioning the product from an invite-only closed preview to an open preview that anyone can participate in. Microsoft’s commitment to …
Read More »Leader of the Proud Boys found guilty of seditious conspiracy for driving the attack on January 6
The leader and three others were also found guilty by the jury of destroying government property and conspiring to obstruct Congress’s proceedings on January 6. Following the most significant trial since the attack on the Capitol on January 6, a jury on Thursday found Enrique Tarrio, the former leader of the Proud Boys, and three of his allies guilty of …
Read More »Dow sets first record high since January
What trade war? The Dow just soared to its first record high since late January. The milestone shows that Wall Street is mostly unfazed by the escalating trade clash between the United States and China. The Dow’s 251-point leap on Thursday marked its 100th record close since President Donald Trump’s election, according to S&P Dow Jones Indices. The S&P 500 …
Read More »Businesses warn against even more uncertainty
Business is worried enough about Britain crashing out of the European Union. Now it has a new nightmare: a blind Brexit that could extend the uncertainty over trade for years. Fears are rising that the United Kingdom may leave the European Union in March 2019 with a deal so vague that it gives companies and investors no greater clarity on …
Read More »Corporate America, not banks, could cause the next recession
1. The next debt crisis: There’s a $6.3 trillion elephant in the room. And it just might cause the next recession. The last downturn was triggered by Wall Street and Americans accumulating too much debt — particularly in the sizzling housing market. A decade later, it’s Corporate America borrowing with gusto. Egged on by extremely low rates, US companies have …
Read More »#MayThe4thBeWithYou: ‘Star Wars’ Movies Ranked From Worst To Best
May the 4th be with you! To celebrate the holiest day on any padawan’s calendar, Deadline film critic Pete Hammond has ranked every Star Wars film from worst to best, including the controversial George Lucas-helmed prequel trilogy, Episodes I-III, and the two standalone films, Rogue One: A Star Wars Story and Solo: A Star Wars Story. Scroll below to see …
Read More »Rates are rising but investors still don’t fear the Fed or inflation
Bond yields in the United States have been rising. But investors aren’t freaking out. The Dow and S&P 500 both hit all-time highs last week — and the Nasdaq is not far from a record, either. The 10-Year Treasury yield is still relatively low, but it has topped the psychologically important 3% threshold and is currently hovering around 3.1%. The …
Read More »GE is worth less than $100 billion for the first time since the Great Recession
General Electric, once America’s most valuable company, is now in sharp decline. In a year full of dubious landmarks, GE has encountered another: The storied conglomerate is now worth less than $100 billion. That hasn’t happened since March 2009 — during the Great Recession. GE’s (GE) stock crash — down by nearly two-thirds since the end of 2016 — has …
Read More »CEOs are cashing in on the market boom
CEOs are using the market boom to quietly cash in their own chips. Insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September over the past decade, according to an analysis of regulatory filings by TrimTabs Investment Research. It’s not a new trend. Insiders, which include corporate officers and directors, sold shares in …
Read More »The next big test for Elon Musk arrives this week
Editor’s Note: This story originally published on September 30, 2018. New York CNN Business — 1. Back to business: The SEC is off Elon Musk’s back. Now he and Tesla can return to that other pesky problem — making and selling cars. Tesla will turn in a critical production report on Tuesday that will show investors whether the company can …
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