In a move worthy of Logan Roy, Microsoft CEO Satya Nadella has not only nabbed the sharpest mind in global AI, but kept him from joining a host of mega-tech rivals. And it hasn't cost him anything...
Continue ReadingA weekend of boardroom drama at OpenAI looks to have ended with founder Sam Altman joining Microsoft and former Twitch executive Emmett Shear taking the helm of the ChatGPT creator...
Continue ReadingOpenAI’s investors were warned. After OpenAI’s board [ousted CEO Sam Altman Friday](https://www.wsj.com/tech/sam-altman-departs-open-ai-mira-murati-interim-ceo-41f6d51e), the company’s financial backers spent the weekend [trying to undo a decision they viewed as a mistake](https://www.wsj.com/tech/openai-trying-to-get-sam-altman-back-4b728049). OpenAI is governed by a nonprofit organization with a board devoted to advancing artificial intelligence for humanity’s benefit over profits...
Continue ReadingMore than 500 employees have threatened to resign from the company if the current board doesn’t resign and reinstate former CEO Sam Altman...
Continue ReadingNvidia (NVDA) is the next Big Tech stock on the docket to report earnings on Tuesday, November 21. The chipmaker is not stopping in its investments in AI infrastructure. Stifel Applied Technology Analyst Ruben Roy joins Yahoo Finance Live to take a closer look at global demand for AI semiconductor chips and who are the key frontrunners. Roy explains Nvidia should be able to navigate export restrictions on chip shipments to China while meeting strong global demand, emphasizing that “there is quite a bit of demand." Competition is increasing as Microsoft (MSFT) is in the midst of developing its own AI chips, but Nvidia still has the best tech for now, Roy argues. Roy states plainly that he doesn’t expect anything “meaningfully negative” for Nvidia in the near future despite development from Microsoft and other competitors. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingSpotify's Q3 results show slowing growth in premium revenue and a decline in ARPU, but strong subscriber growth driven by international markets. Read more here...
Continue ReadingMicrosoft has moved fast to contain the OpenAI fallout. But more than 500 OpenAI employees have threatened to resign from the company. Google, Amazon and Nvidia could all seek to take advantage in their own ways...
Continue ReadingThe SKYY ETF has a decent 10-year performance track record (11.8%). Read why SKYY has underperformed compared to other investment opportunities...
Continue ReadingAs the universe counts down the clock to Apple's upcoming "reinvention" of augmented reality computing with its new Vision Pro early in the new year, it's useful to take a look at how successful it has been at reinventing the computing platform in the past. It's happened more often than you might think...
Continue ReadingThe broader market has seen a bit of a rally, with the S&P 500 (^GSPC) up about 9% since late October. This comes amidst cooling inflation, gains from Big Tech, and commentary from leadership of the Federal Reserve suggesting rate hikes may be over. But, will all of these lead to an extended recovery in the market? Deutsche Bank strategists (DB) have commented that the recent rally has "unwound the impact of the rates volatility and geopolitical shocks rather than pricing in upside to economic growth."Yahoo Finance Reporter Madison Mills joins the Live show to break down the commentary from Deutsche Bank. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
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