Archive List for News

OpenAI- Sam Altman drama comes down to schism between ‘doomers and boomers’: Open AI Advisor

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yahoo finance

Sam Altman will return as CEO of OpenAI after massive employee pushback on the board’s original decision to terminate Altman from his role last week. The whirlwind development only took a few days causing chaos in the board. Questions now arise about the future of OpenAI, its board, and what it can do moving forward with its tech. Nina Schick, Advisor and Speaker on generative AI, joins Yahoo Finance to give insights into the recent development with Altman and OpenAI and what steps the company can take to capitalize on the success of their AI technology. “These capabilities are going to continue to increase, not least because the incredible amount […]

OpenAI, Sam Altman, Microsoft, and a wild 6 days

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yahoo finance

The OpenAI board of directors unleashed a whirlwind of news with its decision to fire CEO Sam Altman on Friday, November 17th. The saga that followed featured the intense reaction by the employees of OpenAI, as well as the counter measures taken by its parent company, Microsoft. Yahoo Finance Live breaks down the day-by-day occurrences of this blockbuster news story, featuring expert guests that break down the details. Guests include: Macquarie Lead Software Equity Research Analyst Fred Havemeyer Headline Venture Partner Kamran Ansari NYU Professor of Media and Technology W. Russel Newman Brave New World’ Host Vasant Dhar RBC Capital Markets Analyst Rishi Jaluria WSJ Reporter Dan Gallagher Yahoo Finance […]

Amazon’s $1.4 billion iRobot bid likely set for EU approval: Reuters

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yahoo finance

Shares of iRobot (IRBT), maker of the Roomba vacuum, jumped Friday morning on a Reuters report indicating European Union regulators are likely to approve Amazon’s (AMZN) $1.4 billion acquisition bid. Sources told Reuters the deal will meet competition requirements following an in-depth antitrust investigation, however the Federal Trade Commission (FTC) still needs to sign off before the deal can proceed. Yahoo Finance’s Tech Editor Dan Howley breaks down the details, providing insights into how Amazon could look to leverage iRobot’s data to improve the intelligence of Alexa devices if the deal closes. For more expert insight and the latest market action, click here to watch this full episode of Yahoo […]

Visa stock reaches all-time high on retail spending optimism

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yahoo finance

Visa (V) shares soared to a new all-time high Friday morning, continuing an upward trajectory for the stock since the company’s last earnings report. In its recent financial results, Visa offered an optimistic view regarding consumer spending patterns going forward. Yahoo Finance’s Akiko Fujita and Rachelle Akuffo break down the details of this trending ticker. #youtube #stockmarket #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: […]

Nvidia: Why investors shouldn’t fret a Nvidia China chip delay

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yahoo finance

Nvidia (NVDA) shares closed slightly lower on Friday following a Reuters report that the chipmaker has to delay the launch of its AI-focused chip for China, one that was specifically designed to comply with US restrictions on certain chips being exported to the country. Constellation Research Founder and Principal Analyst R “Ray” Wang explains that “it’s not easy to get a chip out there. It’s not easy to get a chip certified.” Wang tells Yahoo Finance Live that though this delay could leave an opening for Huawei, given how long it takes to develop a chip, it’s going to be just as hard for other rivals to get into the […]

LIVE: NBC News NOW – Nov. 27

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CNBC

NBC News NOW is live, reporting breaking news and developing stories in real time. We are on the scene, covering the most important stories of the day and taking deep dives on issues you care about. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC […]

Bitcoin hovers under 38K, Cathie Wood cuts holdings in Grayscale bitcoin trust

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yahoo finance

As bitcoin prices edge nearer to $38,000 and beyond, Cathie Wood’s ARK Invest firm is reducing its holdings in Grayscale’s bitcoin trust (GBTC). Yahoo Finance Senior Markets Reporter Jared Blikre takes a closer look at the performances of ARK’s various funds. #bitcoin #crypto #youtube For more expert insight and the latest market action, click here to watch: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect […]

Investors pour $40 billion into the market over 2 weeks: BofA

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yahoo finance

According to a new note from Bank of America Global Research (BAC), a large amount of money has flowed into the stock market recently, the biggest 2-week inflow since February of 2022. With inflation cooling and many believing the Federal Reserve is done with rate hikes, bullish sentiments have picked up. One bright spot leading the charge has been in the tech sector, with some of the Magnificent Seven leading large gains in the S&P 500 (^GSPC). Yahoo Finance Anchors Brad Smith and Seana Smith break down the note from Bank of America and give insight into what the market could look like going forward. For more expert insight and […]

Stocks: ‘We’re seeing a market that is composed of the best of times,’ strategist says

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yahoo finance

More Wall Street strategists are getting increasingly bullish on the stock market with S&P 500 (^GSPC) point targets of 5,000 in 2024. Simplify Asset Management Chief Strategist Michael Green tells Yahoo Finance that inflows into equity assets don’t “feel like a renewed outbreak of optimism” as traders become overinvested to cover short positions. “Most people that are in this situation will acknowledge that a lot of this is simply a function of mechanical flows that are either occurring due to passive investments or systematic and algorithmically-driven strategies — there’s very little thought that seems to be going in,” Green explains. #WallSt #wallstreet #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo […]

Oil prices will continue to see pressure into 2024: Lipow Oil Associates

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yahoo finance

Lipow Oil Associates President Andy Lipow spoke with Yahoo Finance anchors Brad Smith and Seana Smith to detail the latest developments on the timing on the OPEC+ meeting which has now been scheduled online plus the outlook for oil prices for the end of 2023 and into 2024. ”OPEC+ plus has been increasing production over the last couple of months led by Iran, Iraq, Angola, and Nigeria and this is at the same time the burden of the oil market falling on Saudi Arabia shoulders with a production cut of two million barrels a day, Lipow says about disagreements in the oil market which have led to delays and impact […]