Alibaba stock rises on report it is developing ChatGPT-like AI bot By Investing.com

[ad_1] © Reuters. Alibaba (BABA) stock rises on report it is developing ChatGPT-like AI bot By Senad Karaahmetovic Shares of Alibaba (NYSE:) are about 2.5% higher in pre-open Wednesday trading after a report in the Securities Times said the company is developing its own artificial intelligence (AI) service akin to OpenAI-made ChatGPT. The AI product … Read more

CMG Infographic: A snapshot of Chipotle Mexican Grill’s Q4 report

[ad_1] Fast-food chain Chipotle Mexican Grill (NYSE: CMG) on Tuesday reported higher sales and profit for the fourth quarter of 2022 amid continued strong growth in comparable store sales. Net income, excluding special items, moved up to $8.29 per share in the final three months of 2022 from $5.58 per share in the comparable period last … Read more

Silvergate faces DOJ investigation over FTX and Alameda dealings: Report By Cointelegraph

[ad_1] Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates. The probe is investigating Silvergate’s hosting of accounts linked to former FTX CEO Sam Bankman-Fried’s businesses, according to a Feb. 3 report by Bloomberg, which cited “people … Read more

A pre-jobs data bet may have have netted trader $10 million profit, report says

[ad_1] A big fed-funds futures bet placed just before the release of what turned out to be a blowout U.S. January jobs report may have netted a trader a profit north of $10 million, Bloomberg reported Friday. The trader sold the January 2024 fed-funds futures contract FFF24, -0.26%, the report said, with the trade completed … Read more

‘Wow,” Fed’s Daly says after killer jobs report, but it doesn’t alter Fed’s inflation-fighting plan

[ad_1] The president of the San Francisco Federal Reserve said the huge increase in new U.S. jobs in January was a “wow” report, but she stressed the central bank needs more information before it decides how much further to raise interest rates. “What I am seeing is a strong labor market,” Mary Daly said in … Read more

Nasdaq, S&P, Dow edge lower after unexpectedly strong jobs report; tech earnings weigh

[ad_1] 400tmax U.S. stocks edged lower on Thursday, weighed by big technology stocks and a surprisingly strong jobs report that fanned fears that the Federal Reserve could stick to keeping rates elevated. Amazon (AMZN) and Alphabet (GOOG) (GOOGL) dragged the tech-heavy Nasdaq Composite (COMP.IND) after disappointing earnings, with the index dropping 1.5%. The S&P 500 … Read more

Wall St pares declines after stunning jobs report By Reuters

[ad_1] © Reuters. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photo By Shreyashi Sanyal and Johann M Cherian (Reuters) – U.S. stock indexes pared declines by afternoon on Friday as a strong jobs report that initially … Read more

One Medical stock drops on report FTC hiring outside economist on Amazon deal

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