Alibaba to Split Into Six Groups and Explore IPOs
Alibaba is splitting into 6 units and is eyeing an IPO for each. Elon Musk says only verified users' posts will show up. Schwab's empire is showing cracks. And Cineworld is up for grabs.
Better data. Better decisions.
Get the daily email that shows you how to think about, protect & grow your money.
Processing your application
Please check your inbox and click the link to confirm your subscription.
There was an error sending the email
Get started with our best stories
Block Shares Plunge Amid Fraud Allegations
Hindenburg Research shorts Jack Dorsey’s Block. TikTok's chief faces a hostile Congress. Netflix's ad-supported tier is booming. And the FTC wants to make unsubscribing easier.
Yellen Says US Will Intervene If Needed to Protect Smaller Banks
Yellen promises US intervention to protect smaller banks. Google launches Bard AI for the public. Meta can rally 25%, says Morgan Stanley. And Microsoft wants to launch an app store.
Wall Street Banks Rescue First Republic Bank with $30B Lifeline
First Republic Bank gets a lifeline from big banks. Microsoft and Google are integrating AI into their office suites. Red flags are rising at Credit Suisse. And this chip stock gets upgraded to overweight by Morgan Stanley.
Big Banks Rake In Deposits After Smaller Banks Fail
Big banks are raking in billions after three small banks failed. Inflation decreased to 6%. Boeing cements deal with Saudi Arabian Airlines. And Amazon is gearing up to compete with Musk's Starlink.
Silicon Valley Bank Collapsed, 2nd Biggest Bank Failure in History
The 2nd biggest bank failure happened with Silicon Valley Bank's collapse. Elon Musk is building a Texas utopia. Google loses a bid. Plus, Meta is coming for Twitter.
Powell Sees Higher Peak for Interest Rates
Powell sees potentially faster rate hikes. Salesforce launches an A.I. for sales people. A tax increase is on the table by Biden. And this stock is poised to 100% increase says Credit Suisse
Elon Musk’s Tesla ‘Master Plan’ Disappoints Investors
Tesla disappoints investors. Apple blocks a chatGPT-powered app update. Chip giant ARM to list in New York. Plus, a key battery technology can potentially change the EV landscape
Apple’s iPhones Winning Over Gen Z
iPhones dominate the GenZ market. AMD retakes gaming crown. Meta dives deeper into AI. Plus, the Last Of Us may be a hit but Warner Brothers Discovery is still losing money.
Spotify and YouTube Use AI to Take on Radio
Spotify and YouTube want to take on radio. Netflix cuts prices to compete. Another Fed inflation measure rose more than expected. Plus, a payments platform is poised for success in the long term.
Putin Suspends Nuclear-Arms Treaty With U.S.
Putin suspends nuclear-arms treaty with U.S. Tesla signs deal with a key battery parts supplier in the EV race. Plus, the S&P 500 could drop 26% in months
Tesla Recalls 363K EVs Over Full Self-Driving System Safety
There are safety concerns about Tesla's full-self driving. The Super Bowl gave Draft Kings something to smile about. And TikTok prepares to conquer the world.
US Inflation Stays Elevated, Points to More Fed Hikes
Discover the tech stock hidden-in-plain-sight. This business supplies the world's largest provider of cloud services with the processing power behind platforms like AWS and Microsoft Azure. Read the What To Watch stories for more.
Google's Bard AI Makes Expensive Mistake
Which big tech company joins the layoff bandwagon today? And which European bank lost $8 billion last year? Oh how the mighty fall, but don't worry... it's not all doom & gloom. We've got a signal that the Fed may pivot in a positive direction.
Google Announces Bard A.I. in Response to ChatGPT
Image Source. MARKET MOVERS * Google Announces Bard A.I. in Response to ChatGPT. As a response to the booming language model ChatGPT, Google announces Bard A.I., a chatbot technology powered by LaMDA, the company's large language model for dialogue applications. In the coming weeks, Google will roll out the...
Elon Musk and Other Tech Leaders Urge A.I. Pause Citing Profound Risks
Elon and other tech leaders call for A.I. pause citing societal risks. Apple launches BNPL service. New Yorkers are still flocking for Florida. And Jamie Dimon is facing questioning in Epstein ties.
Alibaba to Split Into Six Groups and Explore IPOs
Alibaba is splitting into 6 units and is eyeing an IPO for each. Elon Musk says only verified users' posts will show up. Schwab's empire is showing cracks. And Cineworld is up for grabs.
First Citizens Buys Silicon Valley Bank
First Citizens to buy large portion of SVB. Uber Eats wants to take down virtual brands. Elon offers stock grants to Twitter employees. And Nvidia's new software will product even more powerful AI.
ChatGPT Can Now Access the Internet
ChatGPT is now connected to the internet. Apple is spending $1B on film. Ford says self-driving cars are next. And Twitter will remove legacy blue check marks .
Block Shares Plunge Amid Fraud Allegations
Hindenburg Research shorts Jack Dorsey’s Block. TikTok's chief faces a hostile Congress. Netflix's ad-supported tier is booming. And the FTC wants to make unsubscribing easier.
Bitcoin Booms in Wake of Bank Crisis
Bitcoin inches toward $28k. Former Coinbase CTO bets Bitcoin will hit $1 million soon. The IRS plans to tax some NFTS. And Telegram users can now transfer USDT via chat?
