Baidu recently saw its shares take a massive hit following a pre-recorded unveiling demo of ChatGPT rival Ernie bot.
Cathie Wood praised crypto assets for proving to be safe havens as crisis unfolded in the US banking system last week.
As of the end of Q3, Virgin Orbit has $71.2 million in cash and $30.9 million in revenue.
The trio of the Federal Reserve, the Treasury Department, and the Federal Deposit Insurance Corporation (FDIC) have been pledging support to depositors.
The Credit Suisse stock jumped by over 40% in Thursday’s opening trade as the %54 billion credit line extended by the Swiss National Bank comes as a major relief.
Adobe reported revenue of $4.66 billion, up 9 percent YoY, against an estimated $4.62 billion by Wall Street.
Samsung announced the semiconductor complex will be situated outside the country’s capital Seoul.
The demand for mortgage is rising as high rates do not discourage prospective homebuyers for making mortgage applications.
The firm’s Chairman Axel Lehmann declined to comment on whether it will need assistance from the government in the future, he highlighted that the bank has no problems as it has good return capital ratios.
Robinhood users have taken to Twitter to express their displeasure as they are unable to revel in the SVB and Signature Bank failure.
Google’s API for PaLM will help businesses “generate text, images, code, videos, audio, and more from simple natural language prompts”.
OpenAI revealed that it has been using GPT-4 internally, functioning in sales, programming, support, and content moderation.
The Amazon Project Kuiper aims to offer high-speed internet to every part of the world.
The collapse of Silicon Valley Bank is unprecedented and the reverberations in the broader tech and financial ecosystem are notably very resounding.
SEC filing shows Becker’s share sales were part of a scheduled program dubbed 10b5-1 plan, however, the securities regulator is considering a 90-day “cooling down” period between the filing and the first sale.