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Monthly Archives: May 2023

Amazon’s air cargo head will now oversee workplace safety unit

A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark Makela REUTERS/Mark Makela Sarah Rhoads, who was responsible for Amazon‘s burgeoning air cargo business, is shifting roles to …

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JPMorgan developing ChatGPT-like A.I. investment advisor

Jamie Dimon, chief executive officer of JPMorgan Chase, is planning his first visit to mainland China in four years as the American bank prepares to host three conferences in Shanghai at the end of May. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase is developing a ChatGPT-like software service …

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Nvidia shares surge to record close with 24% rally

Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Shares of Nvidia are closed up 24% on Thursday on the back of an outsize earnings report …

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Gap GPS Q1 earnings report 2023

The Gap logo is displayed at a Gap store on April 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Gap reported another quarter of net losses and declining sales across its four brands but the retailer insisted it’s making progress – and has managed to significantly improve …

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Asian Americans in Hollywood hope recent Oscar wins spark change

Brianna Somera wasn’t always sure she was cut out to be a director. The 21-year-old grew up dancing and singing and wanted to make music videos, but she also didn’t see a lot of people like her onscreen. It wasn’t until the 2018 release of “Crazy Rich Asians,” the first …

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DirecTV to be NFL Sunday Ticket provider for bars, restaurants

Football fans watch the NFL Super Bowl XLVIII game between the Denver Broncos and the Seattle Seahawks on at a sports bar in New Jersey on February 2, 2014. Cem Ozdel | Anadolu Agency | Getty Images DirecTV has struck a multiyear deal to continue broadcasting the National Football League’s …

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Here are ways retirees can protect nest eggs during a stock market rout

Getty | mihailomilovanovic The federal debt-ceiling standoff and the specter of a possible recession on the horizon may mean turbulent times ahead for the stock market — and that’s especially worrisome for retirees who rely on their investment portfolios for income. Retirees are generally advised to hold some stocks as …

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Microsoft sprinkles OpenAI everywhere to retain software partners

Microsoft CEO Satya Nadella speaks at the company’s Build developer conference in Seattle on May 7, 2018. Grant Hindsley | Bloomberg | Getty Images If there’s one company that has popularized artificial intelligence in the past year, it’s the small but richly funded startup OpenAI, the entity behind viral chatbot …

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NASA winner in Elon Musk vs. Jeff Bezos moon race

A variation of SpaceX’s Starship rocket for NASA’s HLS program, left, and Blue Origin NASA SLD lander rendering. NASA; Blue Origin CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, …

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How the AI explosion could save the market and maybe the economy

A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or worse, artificial intelligence is the future. Whether it’s personalized shopping, self-driving cars or a broad array of robotics uses for health care, gaming and finance, AI will become a factor …

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