Month: June 2023
Disney finance chief Christine McCarthy to stage down as Iger reshapes the company
Christine McCarthy, Senior Government Vice President and Chief Fiscal Officer, The Walt Disney Enterprise, participates in a panel discussion for the duration of the once-a-year Milken Institute World Meeting at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Illustrations or photos Amusement | Getty Photographs Christine McCarthy, […]
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Microsoft’s stock hits record soon after executives forecast $10 billion in annual A.I. revenue
Microsoft CEO Satya Nadella speaks at the company’s Establish developer convention in Seattle, Could 23, 2023. Microsoft Microsoft shares climbed to a history Thursday right after analysts at JPMorgan Chase touted the software program maker’s progress prospective clients in artificial intelligence. The inventory rose 3.2% to close at $348.10, topping its prior all-time higher achieved […]
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Mercedes-Benz and Microsoft to test ChatGPT in vehicles
The Mercedes-Benz EQS SUV. Mercedes-Benz Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT artificial intelligence, available to more than 900,000 vehicles in the U.S., the companies announced Thursday. The luxury automaker said the emerging technology will be used for audio requests through its Hey Mercedes voice assistant, which is expected to greatly expand the […]
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Bowlero CEO calls discrimination claims made in EEOC investigation ‘absurd’
Bowlero CEO Tom Shannon on Wednesday called discrimination claims against the fast-growing bowling alley operator “absurd,” but acknowledged the federal probe into those allegations may have hurt its stock price. “These allegations are frankly absurd. They don’t pass the sniff test. They don’t pass any common sense,” Shannon told CNBC’s “Mad Money with Jim Cramer.” […]
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Virgin Galactic to launch business room tourism support with late June flight
Spacecraft VSS Unity fires its engine through the Unity 25 spaceflight, Could 25, 2023. Virgin Galactic Virgin Galactic aims to start its commercial space tourism assistance in late June. The enterprise on Thursday mentioned the flight, referred to as Galactic 01, is targeting a start window that opens June 27 and operates to June 30. […]
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Credit Suisse sees Eli Lilly headed higher as Mounjaro users espouse weight loss drug on social media
You can’t deny the buzz. Credit Suisse analyst Trung Huynh has combed through social media and is impressed by the awareness — and demand — for GLP-1 medications such as Eli Lilly ‘s Mounjaro. “Although we caution posts may have responder bias, and comments are in the public domain and unconfirmed, nonetheless we have parsed […]
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Russian ransomware hacker extorted hundreds of thousands from U.S. organizations, prosecutors say
A 20-year-outdated Russian hacker was element of a marketing campaign that labored to extort tens of thousands and thousands of bucks from extra than 1,400 victims, federal prosecutors claimed Thursday. Ruslan Astamirov, a citizen of the Russian-managed Chechen Republic, was arrested by federal regulation enforcement at an unspecified date and faces expenses of conspiracy to […]
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Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, Plainsite founder Aaron Greenspan
Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Twitter suspended the accounts of Plainsite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. Plainsite is an on line databases that would make point out and federal court docket filings and […]
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Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf
PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California. Ben Jared | Pga Tour | Getty Images The Justice Department’s Antitrust Division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded LIV Golf, […]
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Stocks generating the most significant moves midday: Cava, Domino’s Pizza, Kroger, Lennar and far more
CAVA, at the New York Inventory Exchange for the duration of its preliminary general public supplying, June 14, 2023. Source: NYSE Examine out the businesses building the most significant moves midday. Cava Group — Shares soared 91% in midday buying and selling during its initially day as a community business. Cava Team priced its original […]
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