Target (TGT) shares are moving higher this morning after the company reported fourth quarter earnings that topped analyst estimates. CEO Brian Cornell told Yahoo Finance that the company will concentrate on returning to growth mode, focusing on numerous areas, including opening new stores, introducing private-label brands, and introducing a new Amazon (AMZN) Prime rival. Apple (AAPL) is under pressure this morning after a research note from Counterpoint claimed iPhone sales in China fell 24% year-over-year in the first few weeks of 2024. It has been a rough start to the week internationally for the tech giant. Yesterday, the company was fined nearly $2 billion by EU antitrust regulators over app store rules surrounding music streaming. Yahoo Finance trending tickers include Tesla (TSLA), NIO (NIO), and MicroStrategy (MSTR). Key guests include:9 a.m. ET - Craig Johnson, Piper Sandler Managing Director9:40 a.m. ET - Michael Fiddelke, Target CFO and COO11:30 a.m. ET - Peter Beck, Rocketlab CEO...
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Continue ReadingSenior executives at Singapore's state investment firm have met ChatGPT maker's CEO, Sam Altman, multiple times in recent months, the report added. OpenAI did not immediately respond to Reuters requests for comment, while Temasek declined to comment on the report. Temasek was interested in investing in Altman's venture capital fund Hydrazine Capital at first, but recent talks included the AI non-profit, the Financial Times reported, citing a separate source...
Continue ReadingSingapore's Temasek Holdings is in discussions to invest in Microsoft-backed artificial intelligence company OpenAI, the Financial Times reported on Tuesday, citing two people familiar with the matter. Senior executives at Singapore's state investment firm have met ChatGPT maker's CEO, Sam Altman, multiple times in recent months, the report added. OpenAI did not immediately respond to Reuters requests for comment, while Temasek declined to comment on the report...
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