Day: November 13, 2024
Special counsel Jack Smith seeks pause in Trump classified documents case appeal
Special counsel Jack Smith speaks to members of the media at the U.S. Department of Justice building in Washington, D.C., on Aug. 1, 2023. Saul Loeb | AFP | Getty Images Special counsel Jack Smith asked a federal appeals court Wednesday to pause proceedings in his effort to overturn a judge’s decision to dismiss the […]
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A Singaporean AI startup is trying to disrupt the 100-year-old market research industry
Artificial intelligence is aiming to disrupt a 100-year-old industry. Finding ways to attract consumers to buy packaged goods stretches back to the 1920s when American psychologist Daniel Starch created the world’s first market research study. Today, the global market research industry is worth an estimated $87.7 billion and is expected to grow by another $15 […]
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The right product for the right market: How AI is helping brands identify consumer trends faster
Supermarkets are a hotbed of competition. The aisles are lined with thousands of products vying for your attention and money, so how does a new player stand out in the crowd? The answer may sit with artificial intelligence. Supermarkets are a hotbed of competition. The aisles are lined with thousands of products vying for your […]
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X rival Bluesky gains 1.25 million users following U.S. election
In this photo illustration, the Bluesky Social logo is displayed on a cell phone in Rio de Janeiro, Brazil, on September 4, 2024. Mauro Pimentel | AFP | Getty Images Micro-blogging startup Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the […]
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Cisco reports fourth straight quarter of declining revenue
Cisco CEO Chuck Robbins speaks at The Wall Street Journal’s Future of Everything Festival in New York on May 21, 2024. Dia Dipasupil | Getty Images Cisco reported a fourth straight quarter of declining revenue even as results topped analysts’ estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 91 […]
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Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more
Check out the companies making headlines in extended trading. CNH Industrial — Shares popped nearly 8% after Greenlight Capital’s David Einhorn at CNBC’s Delivering Alpha conference told attendees he took a medium-sized position in the agricultural equipment company. Cisco Systems — Shares inched lower by less than 1% even after Cisco Systems posted a beat […]
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David Einhorn is building new position in CNH Industrial, says agricultural play is ‘cheap’
NEW YORK – Greenlight Capital’s David Einhorn said Wednesday he has taken a medium-sized position in agricultural play CNH Industrial. Speaking at CNBC’s Delivering Alpha conference in New York City, the hedge fund investor said the agricultural machinery company is an under-the-radar value play as the industry nears the end of a bearish cycle. “It’s exactly the kind […]
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Amazon Prime Video to stream Diamond regional sports networks
Sopa Images | Lightrocket | Getty Images Diamond Sports reached a deal with Amazon’s Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform. As part of the deal, Diamond’s networks will be made available as an add-on subscription to Prime customers living within each team’s designated […]
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Investors are pumping money into the Trump trade. Here’s how it did last time
Wall Street has been pumping money into the Trump trade, but investors should be wary before committing capital based on campaign promises, if history is any indication. Investors have been pouring money into stocks tied to Donald Trump’s policies in the weeks before the presidential election and the days since, hoping the President-elect’s return to […]
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Tesla initiates sixth Cybertruck recall in a year
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle on Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty Images Tesla is recalling 2,431 Cybertrucks to replace defective drive inverters, according to notices made public by the National Highway Traffic Safety Administration on Wednesday. It’s the sixth recall of the Cybertruck […]
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