‘The release of GPT-4 only furthers the distance between OpenAI and their competitors,’ said DA Davidson analyst William Jellison.
: KeyCorp says executive’s $700,000 stock sale Friday was ‘precleared’
KeyCorp Chief Information Officer Amy Brady sold $700,000 in KeyCorp shares amid last week’s selloff in what the company says was a precleared trade.
: Lumen debt exchange shows beaten-down company plans to ‘fight it out’ amid investor doubts
Lumen is offering to conduct a debt exchange in what one analyst sees as an attempt to “fight it out” amid growing doubts about the telecommunications company.
The Ratings Game: Warner Bros Discovery stock finds two new bulls in the face of ‘draconian’ expectations for linear TV
WBD shares were basking in the love of two new bulls Friday as analysts at Wolfe Research and Wells Fargo changed their tune on the media giant.
Movers & Shakers: First Republic Bank’s stock plunge continues despite $30 billion bank boost, FedEx’s stock jumps after blowout earnings report
FedEx’s stock soared and XPeng shares reversed higher, while shares of Credit Suisse and XPeng were among decliners on Friday.
Need to Know: ‘We need to stop this now.’ First Republic support is spreading financial contagion, says Ackman.
Market mood is calmer at end of turbulent week but a prominent hedge fund manager warns the government must do more to support the banking sector.
Bond Report: 2-year Treasury yield posts biggest weekly decline in more than 35 years
U.S. bond yields plunge, capping off a week of volatility, as worries about the banking sector outweigh assessments on how high interest rates will go.
Market Snapshot: U.S. stocks end lower, Dow books back-to-back weekly losses as banking sector stress reemerges
U.S. stocks ended lower Friday as worries about banking-sector stability reemerged following a bankruptcy filing by SVB Financial Group and the release of data showing banks borrowed $165 billion from the Federal Reserve over the past week.
NerdWallet: For the 22% of millennials who are now back living with their parents, here are 6 steps to moving out
Many said they’re back home due to high rent, money concerns or job losses — and 9 in 10 say they would move out if they made more money.
NerdWallet: 10 electric SUVs that seat 7
Electric SUVs that seat seven or more combine efficiency and earth-friendliness without compromising on space and utility. It’s a winning combination.
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