Microsoft's CFO, Amy Hood, spilled the tea on the company's earnings call. The massive investment in OpenAI is expected to cut into profits this quarter, to the tune of $1. 5 billion. Why the big hit? OpenAI is losing money, and Microsoft is feeling the pinch. The company has poured in nearly $14 bi
Maybank has a new tech boss! His name is Giorgio Migliarina, and he's stepping into the role of Group Chief Technology and Digital Officer come November 1, 2024. His job? To make sure all of Maybank's systems are resilient and robust, and to plan the bank's tech strategy for the future. He'll also w
Hey there, future investors! As another U. S. election wraps up, you might be wondering how the results could shake up your investment portfolio. But hold on a second, let's not get too caught up in the political drama. Instead, let's talk about something that really matters – your income! Have you
You've probably heard a lot about AI stocks this year. They've been doing really well, and UBS thinks there's still a lot of room to grow. Let's start with Nvidia, a big name in chips. This year alone, it's gone up by almost 186%! That's way more than the S&P 500's rise of 22% in 2024. UBS says we'r
Tesla Inc. (NASDAQ: TSLA) has been making waves lately. Its third-quarter earnings report was a big hit, sending its stock prices soaring. The company beat its earnings per share (EPS) estimates by a solid $0. 12, with non-GAAP EPS coming in at $0. 72. This isn't surprising for those who follow the
Investing in Google before they release their earnings report can be a tricky decision. Many investors, including a seasoned equity research analyst, prefer to stay cautious and wait for the earnings announcement to understand how the company's management handles any uncertainties. This analyst, who
Bitcoin reached $72, 000 on Tuesday, coming close to its record high. This happened as the U. S. elections are just around the corner, which many traders see as a good time for markets. The leading cryptocurrency has grown by about 6% in the last day and 8. 75% in the past week. It's only 1. 4% away
Chicago is in a budget crunch, and tough decisions are on the horizon. But this could be an opportunity to fix some long-standing issues in the Chicago Police Department (CPD). For starters, CPD needs to upgrade its technology systems and facilities. The department is struggling to meet reform manda
Imagine investing in a future where Asia's economy thrives on clean energy and sustainable practices. That's what the Newton Hexon Asia Growth Fund is all about. This fund, a joint venture between Newton Hexon Capital and PMB Investment Berhad, is focused on businesses that are leading the charge in
Imagine this: a top researcher studying the effects of gender affirming care on minors decided to keep some of her findings under wraps. For six years, Dr. Johanna Olson-Kennedy hid data from a study that showed no mental health improvements in kids who received puberty blockers. Her reason? She did
