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Elon Musk unveiled xAI’s brand new chatbot “Grok” on Saturday. The chatbot is supposed to be what many are calling a snarkier AI with a sense of humor compared to its competitor ChatGPT, with the added ability to answer questions that are often ignored or denied by other chatbots. The large language model is still very early in beta testing with only select users having access to the service. Yahoo Finance Tech Editor Dan Howley breaks down the latest news following this reveal. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo […]

The Walt Disney Company (DIS) has appointed longtime PepsiCo (PEP) CFO, Hugh Johnston, as its new Chief Financial Officer and Senior Vice President. Johnston will assume the Disney CFO role on December 4th, 2023 after 34 years leading the finance operations at Pepsi. Yahoo Finance’s Brad Smith and Seana Smith discuss this transition, providing insights on how Johnston’s new appointment may benefit Disney’s success. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #yahoofinance #disney Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]

Bumble (BMBL) shares fell early Monday after the company announced Founder and CEO Whitney Wolfe Herd will be stepping down. Slack CEO Lidiane Jones has been named as her replacement. Jones will begin on January 2, 2024 and Wolfe Herd will transition to an Executive Chair role. Yahoo Finance Live discusses the announcement. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new […]

Tesla (TSLA) shares are trending higher after a report the car company is developing a lower-cost €25,000 ($27,000) electric vehicle at its Berlin, Germany factory. This is considerably lower than the €65,000 average price of EV’s in Europe. Yahoo Finance’s Seana Smith and Brad Smith analyze the affordability of EVs, delving into Tesla’s pricing strategy amid current economic conditions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #yahoofinance #youtube #Tesla About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage […]

The national unemployment ticked up to 3.9% in last week’s October jobs report as Treasury yields begin to ease in the bond market. RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina joins Yahoo Finance to discuss the prospects in small cap stocks amid economic uncertainty and breaks down the general outlook in the bond market. “People… have recalibrated their forecast, but seem to be settling in to the idea that [bond yields will] move a bit lower from the peaks that we’ve seen recently,” Calvasina says on Treasury yields. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance […]

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) reported its first quarterly loss in a year while operating earnings jumped by 40% and the firm’s cash reserves reached a record $157.2 billion. The quarterly loss has been heavily attributed to the company’s stake in Apple (AAPL). Yahoo Finance’s Seana Smith and Brad Smith report on Berkshire Hathaway’s third-quarter earnings and weigh in on what analysts are saying about the market’s impact on profit margins. #yahoofinance #youtube #warrenbuffet Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial […]

In the Yahoo Finance series NEXT, Yahoo Finance anchor Akiko Fujita travels to Logan, Utah, for a glimpse of the future of electric vehicle charging. Wireless electric road charging has long been hailed as a holy grail for widespread electric vehicle adoption. Later this year, the technology will get its first real test in the U.S. when Israeli company Electreon and the State of Michigan unveil a 1-mile stretch of road in Detroit that will allow drivers to charge on the go, marking the first public deployment in the country. Electreon’s technology, known as dynamic charging, works similarly to the wireless pads that charge your smartphone. It embeds copper coils […]

U.S. job growth slowed in October, with 150,000 jobs added, fewer than the 180,000 that had been expected. The unemployment rate ticked higher to 3.9%. In an interview with Yahoo Finance’s Jennifer Schonberger, United States Acting Secretary of Labor Julie Su says this is the kind of report the Biden administration had been expecting, adding that it’s “a sign that the president’s economic policies, that Bidenomics is really working.” Watch the video above to hear what Su says about the impact of the UAW strike on the report and the increase in the unemployment rate for black women. For more expert insight and the latest market action, click here to […]

Data centers are the backbone of our digital world. But the energy cost to maintain these facilities comes at a steep price. The constant volume of data being processed and stored requires a massive amount of energy to operate the systems cooling these servers. In order to address this issue, Microsoft (MSFT) launched “Project Natick,” its first undersea data center in 2018. With the ocean’s cold temperatures, engineers don’t have to worry about the facilities overheating, making Microsoft’s approach more energy effective.Allied Market Research projected that the global data center automation market will reach $32.5 billion by 2030. With the rising growth and the AI boom facing our digital economy, […]