Netflix (NFLX) margin guidance dropped to 23.9% from 28% on a $619M tax dispute. Reed Hastings bought 375,000 Netflix shares at 91% below peak. NVIDIA (NVDA) delivered 62.5% revenue growth and 63.2% ...
Boeing just announced the end of years of deep financial losses, a turnaround for a company after nearly seven years of bad news. The US aircraft maker reported $8.2 billion in net profit in the ...
Tesla CEO Elon Musk, who turned an upstart electric vehicle maker into an industry-changing powerhouse, is pulling the plug on the two models that helped get him there, as he struggles with another ...
Investor scrutiny is set to increase this year as AI foundation model developers chart their way to becoming public companies, analysts said. It will be a "make or break" year for such companies, and ...
Jan 30 (Reuters) - Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet's Google (GOOGL.O), opens new tab rolled out its artificial intelligence model capable of ...
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup. By Jack Ewing ...
OpenAI, the creator of ChatGPT, is pushing to introduce a business model that shares profits with companies achieving results through its artificial intelligence (AI) models. The idea is to claim a ...
St. John's University fired its basketball program's general manager, Matt Abdelmassih, this week. He was reportedly managing a $10 million roster. St. John's University spent $10 million on its ...
It’s been a historic week for Ben Affleck’s film production company, Artists Equity. Its latest film, The Rip, which premieres on Netflix on Friday, January 16, marks the first time the streaming ...