Investors digested retail sales and inflation data, which both were hotter than expected.
Microsoft’s Bing A.I. made several factual errors in last week’s launch demo
In showing off its chatbot technology last week, Microsoft’s AI analyzed earnings reports and produced some incorrect numbers for Gap and Lululemon.
Here are Warren Buffett’s latest moves to the Berkshire Hathaway stock portfolio
Warren Buffett’s Berkshire Hathaway sold big chunks of financial stakes and a semiconductor name it had just purchased, a regulatory filing showed.
Dry clean your clothes in this climate startup’s vending machine
Startup Presso invented a vending-like machine that consumes seven times less water and three times less electricity than laundry and dry-cleaning services.
Barclays says buy Tesla shares, sees 30% rally in the ‘clear leader’ of the electric transition
Tesla shares lost 65% of their value last year, but have been on a tear this year. The shares have rebounded nearly 70% in 2023.
David Tepper’s Appaloosa buys stakes in Disney, Caesar’s Entertainment
The billionaire bought shares of two entertainment stocks and added to a hospital chain in the fourth quarter.
Stocks making the big moves after hours: Airbnb, TripAdvisor, Devon Energy and more
These are the stocks posting the largest moves after the bell.
Biden taps Fed’s Brainard, Bernstein for top economic jobs as part of White House reshuffle
The White House tapped Lael Brainard and Jared Bernstein to two critical roles shaping U.S. economic policy as the country grapples with high inflation.
Airbnb beats on profit and revenue, stock is up
Airbnb reported fourth-quarter earnings that beat analysts’ expectations on top and bottom lines.
Baupost’s Seth Klarman hikes his Meta, Amazon stakes right before the big rebound
Baupost’s Seth Klarman drastically increased his stake in a few technology companies in the fourth quarter, just before the group staged a big comeback.