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Three Big Things in Auto: China May Win on EVs, ICE Suppliers Are Undervalued and AI Is in the Mix
Apple, OpenAI Said to Be Finalizing Talks to Bring ChatGPT to iPhone
Tesla Analyst Sees Annual Shareholder Meeting As Key To Determining Elon Musk-Led Company's Future Strategy
Morgan Stanley analyst Adam Jonas sees Tesla upcoming shareholder vote driving material volatility in the stock and determining the company's long-term strategic direction as company CEO Elon Musk's pay package hangs in limbo.
OpenAI Top Exec Says It's Too Early To Gauge AI's Full Economic Impact: 'We've A Year To Reshape The Economy? That's A Tall Order'
Speaking at Bloomberg's Tech Summit, Lightcap said that the rise of generative AI has not yet significantly transformed the economy. However, he and other AI leaders anticipate more substantial changes in the future.
Chinese Tesla Rival Zeekr Soars 35% On NYSE Debut, Valuation Hits $6.8B
New York-listed shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) closed nearly 35% higher than its initial public offering price on its first day of trading on Friday.
Bristol Myers' Opdivo Fails in Phase 3 Lung Cancer Study
Bristol Myers (NYSE:BMY) said that a Phase 3 study of Opdivo with Yervoy with in the treatment of advanced lung cancer failed to meet its primary endpoint of progression-free survival.
OpenAI's Sam Altman Shoots Down Search Engine And GPT-5 Rumors, Teases May 13 Event: 'Some New Stuff...People Will Love'
Sam Altman, the CEO of OpenAI, shot down rumors that the AI startup is developing a search engine or launching GPT-5. Instead, he confirmed that a May 13 event is scheduled to talk about "some new stu
Apple Chooses Sam Altman-Led OpenAI To Integrate ChatGPT Into IPhone, Deal Almost Done: Report
Apple has reportedly closed in on a deal with ChatGPT-parent OpenAI to incorporate the startup's technology into iPhones, as part of a broader strategy to introduce artificial intelligence features to its devices.
Options Market Statistics: Marathon Digital Shares Drop 12.67%, Analysts Lower Price Target, Options Pop
News Highlights
Wall Street Today | S&P 500 Rises, Nvidia, Broadcom Trim Nasdaq Losses
US stocks advanced, with the S&P 500 continuing its march near a record, buoyed by gains in consumer staples, technology, financials, healthcare and industrials.
Mountain Valley Pipeline Passes Test After Fixing Leak, Moves to Enter Service
Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
It's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter earnings season.As of May 7, 424 companies in the S
Microsoft Owes $242M For Patent Infringement By Cortana; Jurors Reject Microsoft Bid To Nix Digital Assistant Patent - Bloomberg
Microsoft Owes $242M For Patent Infringement By Cortana; Jurors Reject Microsoft Bid To Nix Digital Assistant Patent - Bloomberg
Market Whales and Their Recent Bets on CSCO Options
Investors with a lot of money to spend have taken a bullish stance on Cisco Systems (NASDAQ:CSCO).
Apple Plans On Revamping Siri During AI Reorganization: What's Going On?
Apple Inc (NASDAQ:AAPL) is reportedly revamping Siri after executives Craig Federighi and John Giannandrea tested OpenAI's ChatGPT, per the The New York Times. The overhaul, driven by concerns over AI
Looking Into Cigna Group's Recent Short Interest
Cigna Group's (NYSE:CI) short percent of float has fallen 29.44% since its last report. The company recently reported that it has 3.95 million shares sold short, which is 1.39% of all regular shares t
McDonald's Ready To Launch $5 Meal Deal: Everything You Need To Know
Fast food giant McDonald's Corp. (NYSE:MCD) appears to be preparing the launch of a $5 meal deal as a value proposition to cash-squeezed customers despite its recent price increases.What Happened: McD
Streaming Growth Was Not Enough For Warner Bros. Discovery
On Thursday before the bell, Warner Bros Discovery Inc (NASDAQ:WBD) reported its first quarter results and came short of estimates. Earlier this week, it announced it will be teaming up with The Walt
Wolfe Research Reiterates Outperform on ServiceNow, Maintains $830 Price Target
Wolfe Research analyst Alex Zukin reiterates ServiceNow (NYSE:NOW) with a Outperform and maintains $830 price target.
ServiceNow Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/10/2024 13.82% Wolfe Research → $830 Reiterates Outperform → Outperform 05/07/2024 13.14% JMP Securitie