Peloton CEO steps down, 15% staff laid off, restructuring for cost alignment
From CNBC: 2024-05-02 10:49:43 Peloton announced CEO Barry McCarthy stepping down, layoffs for 15% of staff, seeking permanent CEO. Company
Category: Business
Layoffs in the asset management industry due to rise of passive investing
From Morningstar: 2024-05-02 09:51:00 Fund managers are facing challenges as their actively-managed products underperform ETFs. Morningstar analyst Mathieu Caquineau discusses
NVIDIA NIM microservices for healthcare now integrated with AWS for easier access to AI models.
From NVIDIA: 2024-05-02 09:30:03 1. NVIDIA NIM, a cloud-native microservices collection, now integrates with Amazon Web Services, making it easier
Nvidia enhances AI chatbot with advanced models from Google and OpenAI, boosting stock price.
From Benzinga: 2024-05-02 09:06:13 Nvidia is improving its ChatRTX chatbot for RTX GPU owners, adding more AI models like Alphabet’s
Nvidia's GeForce NOW adds new games, including Senua's Sacrifice, with improved support on Steam Deck.
From Nvidia: 2024-05-02 09:00:24 GeForce NOW adds 24 new games this month, including Ninja Theory’s Senua’s Sacrifice. Enjoy improved support
Top Eurozone dividend stocks in April included Galp Energia, Eramet, and Banco de Sabadell
From Morningstar: 2024-05-02 08:20:00 The top dividend-paying stocks in April 2024 included Galp Energia, Eramet, and Banco de Sabadell. The
Moderna reports smaller Q1 loss, exceeds Covid vaccine sales with positive growth prospects.
From CNBC: 2024-05-02 07:09:38 Moderna reported a smaller loss than expected in Q1 as Covid vaccine sales exceeded estimates. With
Best-performing dividend stocks in the UK for April 2024 with significant gains.
From Morningstar: 2024-05-02 06:57:00 In April 2024, the best-performing dividend stocks in the UK included Anglo American (AAL), Plus500 (PLUS),
OpenAI and Meta to release advanced AI chatbots GPT-5 and Llama-3 with improved capabilities.
From The Conversation: 2024-05-02 06:54:53 OpenAI and Meta are planning upgrades to their AI-powered chatbots, with the release of GPT-5
Shell's Q1 earnings show lower profits, increased dividend, and a $3.5 billion share buyback
From Morningstar: 2024-05-02 06:34:00 Shell announced a $3.5 billion share buyback, beating expectations despite lower earnings. Revenue decreased 16% to
OpenAI CEO Sam Altman predicts GPT-5 and GPT-6 will surpass previous models
From Future plc: 2024-05-02 06:06:43 OpenAI’s CEO Sam Altman discusses the future of AI and ChatGPT at a Stanford University
Washed Out releases new song using OpenAI's Sora tech for innovative music video
From Los Angeles Times: 2024-05-02 06:00:12 Indie pop artist Washed Out releases a new song, “The Hardest Part,” about love
US interest rate cuts are delayed due to higher inflation, Fed focuses on progress
From Morningstar: 2024-05-02 05:50:00 US interest rate cuts are delayed until at least September 2024 due to higher inflation, according
Twitch introduces new short-form video feature Discovery Feed; OpenAI and Microsoft face lawsuit. WeTransfer launches direct sales.
From ExchangeWire: 2024-05-02 03:04:23 Twitch has rolled out a new short-form video feature called the Discovery Feed, catering to 170
Microsoft's concern over Google's AI advancement prompts investments in OpenAI for competitive edge.
From Business Today: 2024-05-01 23:37:50 Microsoft’s newly uncovered emails from 2019 highlight concerns about Google’s AI advancements, prompting strategic decisions
Microsoft releases GPT-4 Turbo with Vision on Azure OpenAI Service, improving processes for customers.
From Neowin: 2024-05-01 22:46:00 Microsoft has made GPT-4 Turbo with Vision available for Azure OpenAI Service customers after launching a
Open AI models like GPT-3 raise privacy concerns due to potential for misuse
From KFYR-TV: 2024-05-01 21:07:27 Open AI models, like GPT-3, are raising privacy concerns due to their ability to generate highly
Newspaper publishers are suing Microsoft and OpenAI for using their online content without permission
From Deseret News.: 2024-05-01 17:02:51 A group of U.S. newspaper publishers filed a lawsuit against Microsoft and OpenAI for allegedly
NVIDIA to discuss first-quarter financial results in conference call on May 22.
From Nvidia News: 2024-05-01 17:00:00 NVIDIA is set to discuss its financial results for the first quarter of fiscal year
Carvana shares surge over 30% in after-hours trading on record first-quarter results
From CNBC: 2024-05-01 16:54:15 Carvana shares surged over 30% in after-hours trading following record first-quarter results and profitability. Earnings per
Johnson & Johnson to pay $6.5 billion to settle talc ovarian cancer lawsuits in U.S.
From NBC Universal: 2024-05-01 16:23:11 Johnson & Johnson plans to pay $6.5 billion to settle talc-based ovarian cancer lawsuits in
CVS Health earnings disappoint, full-year outlook lowered, shares plummet over 16%
From CNBC: 2024-05-01 16:19:16 CVS Health reported first-quarter revenue and adjusted earnings below expectations, lowering its full-year profit outlook due
Pfizer beats Q1 expectations, raises full-year profit outlook, shares close 6% higher
From CNBC: 2024-05-01 16:18:22 Pfizer beats Q1 revenue and profit expectations, raises full-year profit outlook due to cost-cutting, Paxlovid sales,
Fast-food chains like Starbucks, McDonald’s, and Yum Brands face declining sales due to consumer caution
From CNBC: 2024-05-01 16:00:01 Fast-food chains like Starbucks, Pizza Hut, KFC, and McDonald’s see shrinking same-store sales due to consumer
Summary: Arthur's Adam Wenchel discusses advancements in AI performance and challenges in deploying generative AI.
From NVIDIA: 2024-05-01 15:28:59 In a recent episode of the NVIDIA AI Podcast, Adam Wenchel, CEO of Arthur.ai, discusses the