Tag Archives: risk

No rate cuts in 2023, inflation risk still to upside

No rate cuts in 2023, inflation risk still to upside

No Federal Reserve officials thought it’d be appropriate to begin cutting rates in 2023, and officials worried that easing in financial conditions could complicate the central bank’s efforts to bring down inflation, according to internal discussions at their policy meeting three weeks ago. Minutes from the central bank’s December policy meeting released Wednesday showed while Fed officials welcomed easing October inflation data, they stressed that it would take substantially more evidence… Source link

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Higher risk of low performance ratings in 2023

Higher risk of low performance ratings in 2023

CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images More Google employees will be at risk for low performance ratings and fewer are expected to reach high marks under a new performance review system that starts next year, according to internal communications obtained by CNBC. In a recent Google all-hands meeting and in a separate presentation last week, executives presented more… Source link

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Google won’t launch ChatGPT rival because of ‘reputational risk’

Google won’t launch ChatGPT rival because of ‘reputational risk’

The launch of ChatGPT has prompted some to speculate that AI chatbots could soon take over from traditional search engines. But executives at Google say the technology is still too immature to put in front of users, with problems including chatbots’ bias, toxicity, and their propensity for simply making information up. According to a report from CNBC, Alphabet CEO Sundar Pichai and Google’s head of AI Jeff Dean addressed the rise of ChatGPT in a recent all-hands meeting. One employee… Source link

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Google execs warn of reputational risk with ChatGBT-like tool

Google execs warn of reputational risk with ChatGBT-like tool

Google senior fellow Jeff Dean speaks at a 2017 event in China. Source: Chris Wong | Google Google employees are seeing all the buzz around ChatGPT, the artificial intelligence chatbot that was released to the public at the end of November and quickly turned into a Twitter sensation. Some of them are wondering where Google is in the race to create sophisticated chatbots that can answer user queries. After all, Google’s prime business is web search, and the company has long touted itself as a… Source link

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Google execs warn of reputational risk with ChatGBT-like tool

Google execs warn of reputational risk with ChatGBT-like tool

Google senior fellow Jeff Dean speaks at a 2017 event in China. Source: Chris Wong | Google Google employees are seeing all the buzz around ChatGPT, the artificial intelligence chatbot that was released to the public at the end of November and quickly turned into a Twitter sensation. Some of them are wondering where Google is in the race to create sophisticated chatbots that can answer user queries. After all, Google’s prime business is web search, and the company has long touted itself as a… Source link

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DraftKings downgraded as analyst cautions ‘more risk’ to profitability

DraftKings downgraded as analyst cautions ‘more risk’ to profitability

DraftKings (DKNG) shares slid on Monday as Wall Street analysts downgraded the stock to Underweight amid a bleaker-than-expected outlook for the online gambling company in 2023. “We suggest investors rotate out of DraftKings and Penn Entertainment (PENN) which we are downgrading today,” JPMorgan analyst Joseph Greff wrote in a research note published Monday. “For DKNG, we see a longer runway and more risk to achieving [online sports betting] profitability than its peers and with the… Source link

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3 reasons why your money is at risk for the rest of October: Morning Brief

3 reasons why your money is at risk for the rest of October: Morning Brief

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 Monday, October 10, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The money you have invested in the stock market is at big risk of being further vaporized in the remaining weeks of… Source link

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