Tag Archives: rises

BuzzFeed stock rises more than 120% after company announces plans to use ChatGPT

BuzzFeed stock rises more than 120% after company announces plans to use ChatGPT

BuzzFeed (BZFD) is planning to heavily lean on AI-generated content. News that sent shares of the company exploding higher, rising as much as 150% in afternoon trade. According to an internal memo obtained by Yahoo Finance, and first reported by The Wall Street Journal, the company plans to utilize ChatGPT creator OpenAI to generate and personalize some of its content and enhance its quizzes. “To fulfill the promise of our mission, we need to build a stronger business foundation by executing a… Source link

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Home builder confidence rises for first time in a year as housing market hits ‘a turning point’

Home builder confidence rises for first time in a year as housing market hits ‘a turning point’

Confidence among U.S. single-family home builders rose in January for the first time in a year, ending a 12-month stretch of declines and potentially signaling a turning point in the housing market. The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment increased 4 points this month to 35, figures released Wednesday showed. Still, any figure below 50 is considered negative. “Probably past the worst, but a sustained improvement will have to wait,” Kieran Clancy,… Source link

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