Ride-hailing service Lyft Inc. on Tuesday reported a surprise second-quarter adjusted profit, helped by summer travel and a return to offices.
: Goldman woos veteran Russell Horwitz to return as chief of staff, while two other executives depart
Russell Horwitz replaces John F.W. Rogers as chief of staff while Rogers will retain other titles; Jeff Currie to retire while Julian Salisbury exits GASM
Key Words: Why Palantir is launching into its first stock-buyback program
Less than three years after going public, Palantir has taken its latest step toward maturity with the announcement of a $1 billion buyback program.
The Tell: Have AI stocks like Nvidia reached bubble territory? Here’s what history can tell us.
There’s been plenty of chatter about the artificial-intelligence software craze pushing stock prices into bubble territory this year as U.S. equities have recovered from the 2022 bear market and by one measure valuations are already looking stretched.
: I asked ChatGPT if it plagiarizes and breaches copyright law. Legal expert says chatbot’s answers are ‘substantively flawed.’
AI’s method of gathering information is the subject of several class-action lawsuits. So what does ChatGPT say about this issue?
Market Extra: Buyer of PacWest commercial real estate expects to double its $7 billion loan portfolio as rate shocks fuel more banking stress
A raft of credit rating actions against more than two dozen U.S. banks by Moody’s Investors Service late Monday didn’t shock one buyer of distressed commercial real estate.
Washington Watch: Biden points to Arizona’s extreme heat, majestic Grand Canyon as he promotes climate-focused 2022 law
President Biden spotlights year-old Inflation Reduction Act and natural-resource conservation as he signs protections for the Grand Canyon.
: As obesity drugs help people eat less, these food companies could be the biggest losers
A team of 17 Morgan Stanley analysts have broken down the impact that drugs like Wegovy and Ozempic may have on food companies.
Coronavirus Update: New ‘Eris’ COVID variant is dominant in the U.S., but a shortage of data is making it hard to track
A new variant of COVID-19 dubbed EG.5 has become dominant in the U.S., according to projections made by the Centers for Disease Control and Prevention.
: Dish bonds rally with stock after all-stock merger with EchoStar
Billionaire Charlie Ergen’s decision to combine his two telecom companies in an all-stock deal sent their shares and bonds higher on Tuesday.
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