Key Words: Watch your ‘AI hype,’ feds warn tech companies
Companies continue to hype up the ways artificial intelligence can enhance their businesses, and the government is taking notice.
The Wall Street Journal: Murdoch says Fox News hosts endorsed false 2020 election claims
Rupert Murdoch said some Fox News hosts and commentators endorsed the false narrative that the 2020 election was stolen, according to testimony in an ongoing defamation lawsuit.
Coinbase now has nearly double the trading volume as Uniswap
Trading volume at Coinbase Global Inc surpasses that of Uniswap. Analyst says CEXs will always be essential to exchange landscape. Coinbase also terminated trading Binance...
Combatting Inflation Is Straightforward But Not Easy
Much has been said about inflation hurting society. As people’s buying power decreases, life gets more costly. Heck, the Fed seems hell-bent on causing another...
: Occidental raises dividend by 38%, announces $3B share buyback program
Shares of Occidental Petroleum Corp. OXY fell in the after-hours session Monday after the energy company reported profit and revenue below Wall Street expectations. Occidental...
: Howard Hughes Corp. warns of lower land sales in 2023, fourth-quarter results beat estimates
Howard Hughes Corp. HHC on Monday reported fourth-quarter results that beat expectations, but the real-estate developer warned that market anxiety would lead to lower land...
: Universal Health Services 2023 sales forecast, fourth-quarter results beat expectations, but full-year profit outlook misses
Universal Health Services Inc. UHS on Monday forecast full-year sales that were above analysts’ expectations, but profits that came up short. The company — whose facilities...
: Meta says it’s creating a top-level AI product group
Meta Platforms Inc. META is consolidating its generative AI work across the company into a new product team reporting to Chief Product Officer Chris Cox,...
: Acadia Healthcare shares fall on mixed-bag results, forecasts
Health-clinic operator Acadia Healthcare Co. Inc. ACHC on Monday offered up sales results and forecasts that beat estimates, but a weaker showing for profits. The...