Articles

Will Apple create a better AI? Questions abound as Tim Cook hints at what’s to come.

While some on Wall Street may believe that Apple is standing still in AI, that is not the case.

EA to lay off about 5% of its workforce, end development of some videogames

Videogame maker Electronic Arts Inc. said Wednesday it will cut about 5% of its workforce and plans to cancel some games in development.

Meet Sirius XM’s new odd couple: Warren Buffett and John Mayer

Berkshire Hathaway and other Liberty Media shareholders are getting a “free money” play on the satellite-radio company.

Paramount puts up a surprise adjusted profit, as higher streaming prices boost revenue

Shares of Paramount Global Inc. were up after hours on Wednesday after the media and entertainment giant reported a surprise adjusted quarterly profit, as higher subscription prices fattened sales for its Paramount+ streaming platform.

Marathon Digital swings to a profit, but its stock falls after earnings

Marathon Digital’s stock has been on a big run over the past month, but that was set to cool after the company’s latest results.

Oprah’s departure from Weight Watchers’ board is the latest bad news for the stock, amid weight-loss drug frenzy

Shares of WW International Inc., better known as Weight Watchers, tumbled after hours on Wednesday, as the weight-loss platform said Oprah Winfrey planned to leave its board and donate her stake in the company after revealing that she used a weight-loss drug.

AMC delivers revenue beat helped by Taylor Swift and Beyoncé, yet stock drops

The movie-theater chain and original meme stock reported better-than-expected revenue and a narrower-than-expected loss in the quarter.

Biden is ‘healthy, active, robust,’ president’s doctor says after his physical

President Joe Biden’s health was described Wednesday in a memo from his physician that was released by the White House.

Duolingo’s stock soars more than 20% after ‘record’ bookings, quarterly profit for company

Duolingo swings to a quarterly profit and calls for better-than-expected current quarter and 2024 sales.

Apple’s buy-now-pay-later service will report customer data to Experian, in a ‘very positive first step’ for consumers

Users of Apple’s buy-now-pay-later platform will soon have their payment history reported to one of the major credit bureaus, but it won’t affect their credit scores — at least not yet.

C3.ai logs slimmer loss than expected, and its stock pops

‘Our significant first-mover advantage in enterprise AI is generating tailwinds as market interest in adopting AI accelerates,’ the CEO says.

Snowflake’s stock plunges as outlook misses and CEO steps down

Snowflake’s stock was tumbling more than 20% in Wednesday’s extended session after the company underwhelmed with its outlook and announced that its chief executive has left that post.
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