Reuters was first to report Disney’s plans to create an internal task force to exploit artificial intelligence technology to cut costs and develop new products even as it battles labor unions who are trying to limit the use of the technology. AI is expected to touch every corner of the entertainment conglomerate and insiders gave...
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September 7, 2023September 7, 2023Technology
Flexport CEO Dave Clark resigns from logistics startup after one year in the role
Dave Clark joined Flexport from Amazon, where he headed up the company’s consumer business.
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September 7, 2023September 7, 2023Technology
Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August.
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September 7, 2023September 7, 2023Technology
Warner Bros. Discovery CEO David Zaslav says writers, actors strikes need to end as media industry is in a transitional moment
The media industry needs to do everything it can to end the writers and actors strike, Warner Bros. Discovery CEO David Zaslav said Wednesday.
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September 7, 2023September 7, 2023Technology
U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead
Lucid is exploring selling its cars in China but has no timeline for when it will enter the world’s largest electric car market, a top executive told CNBC.
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September 7, 2023September 7, 2023Technology
Tencent releases AI model for businesses as competition in China heats up
Dowson Tong, CEO of the cloud and smart industries group at Tencent, spoke with CNBC’s Emily Tan in an exclusive interview ahead of a big AI reveal.
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September 7, 2023September 7, 2023Investments
This Is Why It’s Not Too Late For You To Buy Meta Stock
Key Points Meta stock has given investors a wild ride during the past twelve months, with the low and high at a wide gap; today’s environment will need to rely on the following fundamentals to find direction. Speaking to the company’s financial strengths, investors can lean on the following factors to remember why this stock...
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September 7, 2023September 7, 2023Investments
This is a Golden Time to Buy Beaten Down Oil Stocks
Key Points The oil price is rising and formed a Golden Crossover on the charts. The signal is echoed by the Energy Sector ETF and its stocks. These 5 stocks are in a good position to see revenue and earnings top expectations and drive capital returns for shareholders. 5 stocks we like better than SPDR...
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September 7, 2023September 7, 2023Investments
AUA vs. AUM: How Do They Differ?
Assets under management (AUM) are assets that an advisor can physically executive trades on because those assets are on the advisors platform. In other words, directly “managed” or handled by the advisor. It can either be discretionary or non-discretionary. AUA are assets that the advisor provides advice on, but does not have any ability to place trades...
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September 7, 2023September 7, 2023Investments
Preparing for Retirement: 5 Overlooked Financial Steps to Take in Your 30s and 40s
Your 30s and 40s are arguably the best time of your life – still young and energetic, but a little wiser. This is also an exciting, sometimes daunting period of life – with career growth, personal growth, and raising a family to contend with. Amidst all of this, retirement might seem like an abstract, far-away...