Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more

Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more




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It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Finance

It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype

Key Points Venture capitalists at Web Summit — one of Europe’s biggest tech events — say things have become more difficult for tech investors as they’re unable to cash out of long-term bets. “In the VC world, it’s really all about liquidity stupid,” Edith Yeung, general partner at Race Capital, said in a CNBC-moderated panel. […]

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Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts
Finance

Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts

Key Points Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The crisis stems back to a landmark judgement from the U.K.’s Court of Appeal in late October, when the court ruled it was unlawful for car dealers to receive bonuses […]

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Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch
Finance

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Key Points Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos from images. When prompted with text and images, Vidu’s new AI feature can combine three pictures — such as a shirt, person and moped — into a video of the person wearing the […]

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