Canaan Inc. exceeded revenue targets in Q1 and projects strong earnings for Q2 and Q3.
From Investing.com: 2024-05-18 18:53:59 Canaan Inc. (NASDAQ:) exceeded revenue targets with $35 million in Q1 2024 earnings, projecting $70 million
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OpenAI experiences shakeups with departures of safety department and key executives, raising concerns.
From Deadline Hollywood: 2024-05-18 18:34:00 Recent turmoil at OpenAI saw the departure of its safety department and key executives, Ilya
Alpha Bank reports record profit in Q1 2024 and plans to resume dividends
From Investing.com: 2024-05-18 18:04:51 Alpha Bank, the parent company of Alpha Services and Holdings, reported a Q1 profit of €211
Historical data shows selling in May is not a good strategy for Nasdaq investors.
From Barchart: 2024-05-18 18:04:27 According to a well-known adage, investors should “Sell in May and come back after Labor Day”
Tesla Chairwoman Robyn Denholm defends board's oversight of Musk, refutes judge's criticism, highlights independence
From Yahoo Finance: 2024-05-18 18:04:00 Tesla’s Chairwoman Robyn Denholm, listed among Fortune’s Most Powerful Women, defended the board’s oversight of
Moving Image Technologies (MIT) reports 4% revenue increase in Q3 2024
From Investing.com: 2024-05-18 17:55:10 Moving Image Technologies (MIT) saw a 4% increase in third-quarter revenue to $3.9 million, with a
Air Industries Group reports revenue growth and positive outlook for fiscal 2024
From Investing.com: 2024-05-18 17:48:09 In Q1 2024, Air Industries Group (AIRI) reported a revenue increase from the previous year and
Dyadic International sees growth in health and proteins, with positive COVID-19 vaccine trial results
From Investing.com: 2024-05-18 17:16:54 Dyadic International’s Q1 2024 conference call highlighted progress in human health and animal health sectors, with
OpenAI's safety leader resigns amid leadership disagreements, company reaffirms commitment to AGI safety
From Ziff Davis: 2024-05-18 17:12:44 OpenAI’s Jan Leike resigned, citing leadership disagreements over safety priorities as the reason. CEO Sam
Mitsubishi UFJ reports record profits, sets ambitious growth plan with focus on innovation
From Investing.com: 2024-05-18 17:07:05 During the recent earnings call, Mitsubishi UFJ Financial Group announced a record profit of ¥1,490.7 billion
Longeveron reports positive Q1 2024 results, optimistic about Lomecel-B
From Investing.com: 2024-05-18 17:06:00 Longeveron Inc. (LGVN) reported positive first-quarter financial results for 2024, with a focus on their lead
Silvano Fashion Group's Q1 2024 saw decrease in sales revenue, but net profit margin increased
From GlobeNewswire: 2024-05-18 16:59:00 The financial indicators for the group in the first quarter of 2024 compared to the first
OpenAI's safety executives resigned, founders defend safety practices.
From Business Insider: 2024-05-18 16:46:00 OpenAI’s Ilya Sutskever and Jan Leike resigned, raising concerns about OpenAI’s commitment to AI safety.
Investors should consider adding cybersecurity stocks like Palo Alto Networks and CrowdStrike to their portfolio.
From Nasdaq: 2024-05-18 16:33:00 The cybersecurity industry is essential as hackers become more advanced in breaching systems. Investors should consider
Trader makes huge profit, Ethereum updates gas model, Tornado Cash developer convicted
From Cointelegraph: 2024-05-18 16:30:00 A trader reaped millions in profit as the price of PEPE soared. Ethereum introduces a new
OpenAI introduces GPT-4o with voice and vision capabilities, Google announces Gemini at I/O
From TechCrunch: 2024-05-18 16:15:00 OpenAI revealed new model GPT-4o with voice and vision capabilities. Google made Gemini announcements at I/O.
Microsoft could face multi-billion dollar fine in EU over Bing AI, deadline approaching
From Cointelegraph: 2024-05-18 16:01:32 Microsoft may face a fine of up to 1% of its annual revenue if it fails
OpenAI enforces strict NDAs preventing criticism from employees, raising concerns about transparency.
From Futurism: 2024-05-18 14:07:29 OpenAI, known for ChatGPT, enforces strict NDAs. Employees risk losing millions in vested equity if they
Dow Jones closes above 40,000 for first time, S&P 500 and Nasdaq hit all-time highs.
From CNBC: 2024-05-18 14:00:01 The Dow Jones Industrial Average closed above 40,000 for the first time, with a 1.24% gain
AMD stock has dropped 30% from its peak despite optimistic AI chip sales outlook.
From Barchart: 2024-05-18 13:30:00 Shares of Advanced Micro Devices (NASDAQ: AMD) surged earlier in 2024 on optimistic commentary about AI
Renowned computer scientist Geoffrey Hinton warns UK government about potential AI threats
From Cointelegraph: 2024-05-18 12:30:00 Geoffrey Hinton, a renowned computer scientist, has warned that artificial intelligence (AI) could become an existential
Warren Buffett is bullish on Berkshire Hathaway stock but investors should probably wait
From Nasdaq: 2024-05-18 12:21:09 Warren Buffett, the renowned investor, has been making headlines lately. At the annual shareholder meeting in
OpenAI's Superalignment team struggled with resources and leadership, leading to key resignations
From Verizon Media: 2024-05-18 12:01:00 OpenAI’s Superalignment team, tasked with governing superintelligent AI, was promised resources but faced denials hindering
Chinese government's support package for housing market boosts stocks and commodity prices, encouraging market growth.
From BrainTrust Cohn & Wolfe: 2024-05-18 11:47:08 The Chinese government’s new support package for the housing market boosts Chinese stocks
Netflix is expanding beyond streaming, adding live events and immersive experiences, stock soaring 80%.
From Nasdaq: 2024-05-18 11:11:00 Netflix (NASDAQ: NFLX) has transformed content consumption, shifting from DVD rental to streaming. Competitors like Disney,