Apple (AAPL) Q1 2023 results

Apple (AAPL) Q1 2023 results

Apple Inc. CEO Tim Cook speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple announces fiscal first quarter results after the bell. Analysts expect the iPhone maker to post its first year-over-year revenue decline since 2019. … Read more

Revenues from Apple, Amazon and Alphabet are coming. Here’s what the stock option market is gearing up for.

Revenues from Apple, Amazon and Alphabet are coming.  Here’s what the stock option market is gearing up for.

The options market braced for bigger-than-usual moves in the shares of a trio of trillion-dollar companies the day after quarterly earnings were released. This is because the implied volatility, or how much a stock can be expected to move over a certain period, of shares of Apple Inc. AAPL, +2.81%, Alphabet Inc. GOOGL, +6.14% and … Read more

Alphabet (GOOGL) Q4 2022 Results

Alphabet (GOOGL) Q4 2022 Results

Sundar Pichai, CEO of Alphabet Inc., speaks during the Americas CEO Summit hosted by the American Chamber of Commerce in Los Angeles, California, U.S., Thursday, June 9, 2022. Kyle Grillot | Bloomberg | Getty Images ParentGoogle Alphabet will release its fourth-quarter results on Thursday after regular markets close. Here’s what analysts expect: Earnings: $1.18 per … Read more

ChatGPT sets record for fastest growing user base – analyst note

ChatGPT sets record for fastest growing user base – analyst note

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million … Read more

Andrew Tate loses appeal against detention in Romania

Andrew Tate loses appeal against detention in Romania

CNN — Andrew Tate, the controversial former kickboxer turned social media influencer, and his brother Tristan have lost their appeal and will remain in detention in Romania on allegations of human trafficking and rape, CNN affiliate Antena 3 reported Wednesday. . The brothers will remain in Bucharest police custody until February 27, Antena 3 reported. … Read more

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

For years, Wall Street has complained about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies become cash-generating machines. That’s no longer a problem, even though these tech companies are generating less profit than they did in previous years. In fact, some tech companies are essentially paying off Wall Street even … Read more

AI art generators can simply copy existing images

AI art generators can simply copy existing images

The right image was generated by taking the training data caption for the left image “Living in the Light with Ann Graham Lotz” and then feeding it into the Stable Diffusion prompt. Picture: Cornell University/Extracting Training Data from Diffusion Models One of the main defenses used by those who are optimistic about AI art generators … Read more

Bitcoin price rises along with other risky assets. Thanks Fed.

Bitcoin price rises along with other risky assets.  Thanks Fed.

Text size Bitcoin rose to start the year, but there are reasons to believe the gains may be unsustainable. The time of dreams Bitcoin and other cryptocurrencies rose along with other risky assets on Wednesday after the Federal Reserve raised rates by a quarter point. This is another rate hike, but a marked slowdown in … Read more

Wall Street down but off session lows after Fed rate hike, trade choppy

Wall Street down but off session lows after Fed rate hike, trade choppy

Fed raises interest rates, sees ‘continued hikes’ Indices down: Dow 0.96%, S&P 0.40%, Nasdaq 0.03% Feb 1 (Reuters) – U.S. stock indices were lower on Wednesday in choppy trade, rebounding from session lows hit when the Federal Reserve raised interest rates by a quarter of a percentage point and said ‘ she expects ‘continued increases’ … Read more

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with dwindling cash reserves and an economy weak, is preparing for a full-scale industry-price war. The company is focusing its resources on ramping up vehicle production … Read more