2025-03-30
The Real Story Behind Sam Altman’s Firing From OpenAI - MSN
The Real Story Behind Sam Altman’s Firing From OpenAI MSNExclusive | The Secrets and Misdirection Behind Sam Altman’s Firing From OpenAI - WSJ The Wall Street JournalSam Altman firing drama detailed in new book excerpt TechCrunchHow OpenAI lost Musk and took aim at “something magical” Big Think
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Photos: Almost $20M cut from massive Vancouver penthouse price - Vancouver Is Awesome
Photos: Almost $20M cut from massive Vancouver penthouse price Vancouver Is Awesome
Read more2025-03-27
Warning: Trump Tariffs on Automotive Start April 2
U.S. President Trump made the automotive tariffs official. After markets closed yesterday, Trump said the U.S. would impose 25% tariffs on foreign automakers.Ahead of the news, American automotive firms traded slightly higher. Ford Motor (F) stock bottomed, despite announcing a recent recall of 1.3 million F-150 trucks. F stock closed at $10.30, compared to its $9.06 low in the last 52 weeks. ImpactThe White House estimated that it would collect $100 billion in duties. This may prove too optimistic. Consumers will likely shun buying both domestic brand cars and those made by Volkswagen (VWAGY...
Read more2025-03-25
Wall St inches up in choppy trading with focus on tariffs, data - Reuters
Wall St inches up in choppy trading with focus on tariffs, data ReutersMarkets today: Wall Street drifts ahead of report on U.S. consumer confidence BNN BloombergStock market today: Wall Street drifts as Trump Media soars despite discouraging confidence data Yahoo Canada FinanceStocks Fluctuate After Weak Consumer Confidence: Markets Wrap BloombergStock market today: Wall Street quiet in premarket trading following Monday's rally Castanet.net
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Shell Doubles Down on LNG Commitment
British oil major Shell (NYSE:SHEL) on Tuesday announced plans to increase shareholder returns and cut spend, as it doubles down on its liquified natural gas push.In an announcement ahead of its Capital Markets Day 2025 event, the petroleum giant said it would bolster shareholder distributions to 40-50% of cash flow from operations, up from a 30-40% range previously. It intends to stick to progressive dividends of 4% per year and to grow free cash flow per share by more than a yearly 10% through to 2030.The oil major also said it will lower its spending to $20-22 billion per year through to...
Read more2025-03-24
Morgan Stanley Remains Bullish On U.S. Stocks Despite Volatility
Despite recent volatility and underperformance, Wall Street investment bank Morgan Stanley (MS) remains bullish on U.S. stocks.Mike Wilson, Chief U.S. Equity Strategist at Morgan Stanley, says a weaker dollar will improve the earnings of U.S. companies and is likely to lead to American equities once again outperforming their international peers.The bullish note comes as the benchmark S&P 500 index fell into a technical correction earlier in March, declining more than 10% from its recent highs. While U.S. markets have staged a modest recovery over the past week, they continue to lag European...
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Micron, Cliffs, and Nike Stock Are On Sale
Last week, Micron Technology (MU) posted second-quarter results. The stock dropped by 7.2% in the week after investors fretted about its gross margin pressure. While AI speculations like Quantum Computing (QUBT) and D-Wave (QBTS) trade at a premium, MU stock is on sale.Micron grew its Q2 revenue by 38.3% Y/Y to $8.05. In Q3, it expects to post record quarterly revenue, driven by strong NAND and DRAM demand growth. Datacenter and consumer-oriented markets are tailwinds.In the iron-ore sector, watch Cleveland-Cliffs (CLF). Shares lost 8.85% in the last week. On March 21, the company said that it...
Read more2025-03-21
Five Top Ways to Trade the Oil and Gas Artificial Intelligence Boom
As an incredibly disruptive tool, artificial intelligence is transforming just about everything, creating a multi-billion-dollar opportunity in the process. Not only has it been transformative for healthcare, retail, finance, transportation, financial services, education and manufacturing, also changing the oil and gas industry. All of which is a solid catalyst for AI stocks, such as VERSES Technologies (CBOE: VERS) (OTCQB: VRSSF), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOG, GOOGL). With it, oil and gas executives can identify potential...
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FedEx Stock Falls On Mixed Results And Lowered Guidance
The stock of Federal Express (FDX) is down 7% after the shipping and logistics giant reported mixed fourth-quarter 2024 financial results and lowered its guidance for the year ahead. The Memphis, Tennessee-based company announced earnings per share (EPS) of $4.51 U.S., which was below the $4.63 U.S. expected on Wall Street.Revenue in the final months of last year came in at $22.16 billion U.S., which was slightly ahead of the $21.88 billion U.S. forecast among analysts. FedEx, as the company is commonly known, lowered its full-year profit and revenue forecasts, saying that demand remains weak...
Read more2025-03-20
As AI Soars, Quantum Computing May Be the Missing Piece for Explosive Growth
Issued on behalf of Scope Technologies Corp. VANCOUVER – USA News Group News Commentary – Tech advancements in 2025 are accelerating at an unprecedented pace, with artificial intelligence (AI) and quantum computing emerging as two of the most transformative forces in the market. The founder of Silicon Valley venture fund MFV Partners sees quantum computing as an underestimated sector, with the potential to overcome AI’s current limitations and unlock its full capabilities. While businesses are actively integrating AI into their operations, experts argue that true breakthroughs...
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Bus fares going up April 1 for riders in Greater Victoria and Nanaimo - Times Colonist
Bus fares going up April 1 for riders in Greater Victoria and Nanaimo Times ColonistGreater Victoria bus fares set to increase, pave way for transit improvements Victoria NewsBC Transit raising Victoria, Nanaimo bus fares in April CHEK NewsBC Transit hikes bus fares in Victoria, Nanaimo, citing rising operating costs CTV NewsBC Transit announces fare changes in Victoria will begin in April Victoria Buzz
Read more2025-03-18
Frontier Airlines Offers Free Checked Bags, Reaction to Southwest Charge
Frontier Airlines (NASDAQ:ULCC) took a swipe at Southwest Airlines’ (NYSE:LUV) plan to start charging for seat assignments and checked luggage by doing the opposite.Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a carry-on bag without an upcharge if they book Tuesday through March 24 for travel through Aug. 18. The promotion applies for nonstop trips booked on Frontier’s website or app.For flights departing May 28 through Aug. 18, Frontier said it would include a free checked bag.The change comes a week after Southwest shocked customers by...
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