Netflix’s stunning comeback — explained in one chart
Netflix is crushing the streaming competition. You know this, and its competitors know this. But its big win wasn’t always…
Amazon just won a partial victory against the FTC
Amazon won partial dismissal of an FTC lawsuit alleging illegal monopoly practices. The FTC accused Amazon of stifling competition by…
Stocks Are In and Bonds Are Out: Top Trades for the Rest of the Year
US stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve…
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned
Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be…
Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins
Huawei is sampling its latest GPU for AI to customers in China according to reporting by the South China Morning…
Southwest’s turnaround strategy lifts shares
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft…
X Under Musk: Suspensions Surge 307%, Driven by Action Against Child Abuse
X suspensions have more than quadrupled since Elon Musk bought Twitter, the social platform reported on Wednesday. At the same…
Intel rejects Arm’s approach for product division
Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for…
Oil Extends Sharp Drop on Prospect for More Saudi
Oil fell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while…
Dollar Is Close to Erasing 2024 Gains as More Fed Cuts Loom
The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve…