Tag Archives: Investment

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 19, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App. Despite Wednesday’s losses in the major U.S. indexes, stocks are flying out of the gate in 2023. The Nasdaq Composite (^IXIC) and… Source link

[unable to retrieve full-text content]Bank earnings: Goldman Sachs and others see investment banking slowdown, layoffs  Yahoo Finance Source link

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

Microsoft ChatGPT does more than just act as a search and learn information dynamic ⁠— it claims to be able to create what you want, in seconds. Photo: Jakub Porzycki/NurPhoto via Getty Microsoft (MSFT) is going all in on ChatGPT, an artificial intelligence (AI) technology that could power a new search engine that could disrupt the dominance of Google (GOOG). News site Semafor reported on Tuesday that Microsoft is investing $10bn (£8.2bn) in OpenAI, the artificial intelligence firm that… Source link

Google has been the unassailable leader among search engines for around 20 years. However, Microsoft ‘s reported plans to integrate artificial-intelligence technology from OpenAI into its search tools are raising questions about whether it could threaten Google’s dominance.  Source link

Google has been the unassailable leader among search engines for around 20 years. However, Microsoft ‘s reported plans to integrate artificial-intelligence technology from OpenAI into its search tools are raising questions about whether it could threaten Google’s dominance.  Source link

Microsoft ‘s investment in OpenAI should offer “significant underappreciated upside” for the big technology stock in the months ahead, according to D.A. Davidson. The firm initiated coverage of the tech bellwether with a buy rating and $270 price target, viewing its investment in the research company, which operates ChatGPT, as a potential short-term catalyst for shares that help support its premium valuation. “Longer-term, we believe incorporating ChatGPT capabilities into Bing may provide… Source link

Yahoo has announced key appointments to its team in APAC, to support the accelerated growth of its ad tech business in the region. Matt Farrington joins Yahoo as APAC Head of Partnerships & Investment. Sandra Lin comes on board as the new APAC Head of DSP Strategy. Kenneth Koh joins as Head of DSP SEA. The latest appointments come amidst growing demand for Yahoo’s ad tech product solutions and services in APAC as brands strengthen their digital… Source link

Despite an offseason of mixed headlines for Jerry Jones — some controversial and others unflattering — the Dallas Cowboys owner continues to dominate in the financial arena. For the 12th straight year, Forbes has calculated the Cowboys as the most valuable franchise in the NFL, pegging the team’s worth at a whopping $8 billion. That’s a staggering 23 percent increase over last year, thanks in part to the league’s revenue rebound since the 2020 pandemic season and the recent $4.65… Source link

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020.  This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the… Source link