Monthly Archives: February 2023

AI related stocks soar on artificial intelligence craze

AI related stocks soar on artificial intelligence craze

AI-related stocks are rallying as investors look for ways to make money off the hottest topic in Wall Street: artificial intelligence. The AI craze is fueled by Microsoft (MSFT)-backed OpenAI’s ChatGPT. The chatbot, launched in November, has become wildly popular in the Internet and spurred discussion over efficiencies in the workplace. Shares of AI maker C3.ai (AI), whose clients include Bank of America, Shell, and 3M, have skyrocketed more than 100% year-to-date. Smaller-cap, lesser-known… Source link

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Time, date, TV channel, halftime show for Eagles-Chiefs in Super Bowl 57

Time, date, TV channel, halftime show for Eagles-Chiefs in Super Bowl 57

The Super Bowl LVII matchup is set. After a drama-laden conference postseason in the AFC and NFC, here’s all the info you need for Super Sunday. How to watch the Super Bowl Super Bowl LVII can be watched and streamed on Fox, which is available through most cable and streaming television packages When is the Super Bowl? Sunday, Feb. 12 What time is Super Bowl kickoff? Super Bowl LVII is scheduled to kick off at 6:30 p.m. ET/4:30 p.m. local time Where is the Super Bowl? The Super Bowl is in Glendale,… Source link

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Google tees up venue clash over U.S. advertising antitrust lawsuit

Google tees up venue clash over U.S. advertising antitrust lawsuit

By Mike Scarcella (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s attorneys said transferring the lawsuit was necessary for “judicial efficiency and to mitigate the obvious risk of… Source link

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Google tees up venue clash over U.S. advertising antitrust lawsuit

Google tees up venue clash over U.S. advertising antitrust lawsuit

Company cites “judicial efficiency” in plan to seek transfer of new DOJ lawsuit DOJ could oppose such an effort, legal experts say Feb 2 (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s… Source link

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Why Republicans won’t reveal their spending cuts

Why Republicans won’t reveal their spending cuts

For the next few months, there will be much earnest reporting from Washington, D.C., about “negotiations” on the debt-ceiling standoff. House Republicans, led by Speaker Kevin McCarthy, will demand government spending cuts as a condition of raising the debt ceiling and allowing more federal borrowing so the Treasury can keep paying the nation’s bills. President Biden and his fellow Democrats will insist on a “clean” debt-ceiling hike with no conditions. News headlines will… Source link

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Carvana shares spike again, up 282% year-to-date – Yahoo Finance

Carvana shares spike again, up 282% year-to-date – Yahoo Finance

Carvana (CVNA) is up again as much as 33% on Thursday after gaining 111% over the previous five sessions. The used car platform’s shares are up 282% year-to-date. As the markets rallied in January, speculative growth shares have also taken off, with short sellers covering their positions in heavily shorted stocks like Carvana. CVNA’s short interest comprises around 65% of the float. The company, once a pandemic darling, laid off workers last year in an effort to cut costs and preserve cash…. Source link

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Alphabet (GOOGL) earnings Q4 2022

Alphabet (GOOGL) earnings Q4 2022

Sundar Pichai, chief executive officer of Alphabet Inc., speaks during the CEO Summit of the Americas hosted by the US Chamber of Commerce in Los Angeles, California, US, on Thursday, June 9, 2022.  Kyle Grillot | Bloomberg | Getty Images Google parent Alphabet will report fourth-quarter earnings Thursday after the close of regular trading. Here’s what analysts are expecting: Earnings: $1.18 per share, according to Refinitiv estimates. Revenue: $76.53 billion, according to Refinitiv… Source link

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