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Oracle warns that a TikTok ban would hurt business

by Ev Richard
Oracle warns that a TikTok ban would hurt business

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met …

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Categories Technology

OpenAI changes secondary stock sale rules, treats ex-staffers equally

by Adrian Jhonsan
OpenAI changes secondary stock sale rules, treats ex-staffers equally

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images OpenAI has reversed …

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Categories World

Nvidia slides 13% in three days after becoming most valuable company

by Ev Richard
Nvidia slides 13% in three days after becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Since briefly becoming the world’s most valuable …

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Categories Technology

Synthesia now lets you make AI avatar presentations using a webcam

by Ev Richard
Synthesia now lets you make AI avatar presentations using a webcam

Synthesia launched an option to make AI-generated avatars by recording footage of yourself with a webcam or your phone. Synthesia Synthesia, a British artificial intelligence startup, on Monday showed off …

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Categories Technology

Apple, Microsoft valuations get a pass. Nvidia does not but should

by Adrian Jhonsan
Apple, Microsoft valuations get a pass. Nvidia does not but should

We don’t care at which price Apple trades. When it was at $165 per share not that long ago, we thought the Club’s original “own it, don’t trade it” stock …

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Categories World

Consumer spending, inflation, and housing are 3 things to watch in the market

by Adrian Jhonsan
Consumer spending, inflation, and housing are 3 things to watch in the market

Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling …

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Categories World

Nvidia is little known despite topping $3 trillion in market cap

by Ev Richard
Nvidia slides 13% in three days after becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the …

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Categories Technology

Amazon, Starbucks look to stay competitive with different approaches to pricing

by Milton Acorn
Amazon, Starbucks look to stay competitive with different approaches to pricing

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Wild …

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Categories Science

Apple Intelligence AI not coming to Europe this year

by Ev Richard
Apple Intelligence AI not coming to Europe this year

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris …

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Categories Technology

S&P 500 briefly crosses 5,500, closes lower

by Adrian Jhonsan
S&P 500 briefly crosses 5,500, closes lower

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. Michael M. Santiago | Getty Images News | …

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Categories World
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