10 things to watch in the stock market Wednesday, including automaker downgrades

10 things to watch in the stock market Wednesday, including automaker downgrades

Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more

Google files EU antitrust complaint accusing Microsoft of stifling cloud competition

Google files EU antitrust complaint accusing Microsoft of stifling cloud competition

Jakub Porzycki | Nurphoto | Getty Images Google filed an antitrust complaint with the European Commission Wednesday accusing Microsoft of using unfair licensing contracts to stifle competition in the multibillion-dollar cloud computing industry. At the heart of Google’s complaint is the allegation that Microsoft uses unfair licensing terms to “lock in” clients and exert control … Read more

How to use ChatGPT advanced voice mode from OpenAI

How to use ChatGPT advanced voice mode from OpenAI

OpenAI has launched advanced voice mode for audio chats with ChatGPT. Jordan Novet, CNBC ChatGPT is ready for more natural audio chats. OpenAI said Tuesday that its popular chatbot now has an advanced voice feature for people who pay for the premium service. The tool allows for more fluid conversations. The release will continue through … Read more

Bankman-Fried accomplice Caroline Ellison sentenced in FTX fraud

Bankman-Fried accomplice Caroline Ellison sentenced in FTX fraud

Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and conspiracy that doomed the cryptocurrency exchange once valued at $32 billion. The prison … Read more

This Latin American e-commerce platform is beating Amazon in 2024

This Latin American e-commerce platform is beating Amazon in 2024

One of the world’s largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. MercadoLibre, an Argentinian e-commerce and payments platform that’s incorporated in Delaware and actively traded on Nasdaq, is up 34% in 2024, compared to a roughly 27% rise for Amazon, … Read more

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce’s Dreamforce on September 17, 2024 in San Francisco, California.  Justin Sullivan | Getty Images News | Getty Images Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million under a prearranged plan. … Read more

Startups are using ‘rock dust’ to make agriculture carbon friendly

Startups are using ‘rock dust’ to make agriculture carbon friendly

Agriculture is responsible for more than 10% of global carbon emissions, according to the U.S. Environmental Protection Agency. But while agriculture is a massive carbon offender, it could now be part of a solution, as startups are trying new ways of using nature to save itself. Farmers have long spread crushed lime on their fields … Read more

Blackstone and Vista Equity Partners to acquire software maker Smartsheet

Blackstone and Vista Equity Partners to acquire software maker Smartsheet

Smartsheet CEO Mark Mader. Source: Smartsheet Collaboration software maker Smartsheet announced Tuesday Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price over the last three months. The company had been gauging … Read more

Microsoft GitHub gives clients option to keep sensitive code in EU

Microsoft GitHub gives clients option to keep sensitive code in EU

Microsoft-owned GitHub says that 90% of the world’s open-source projects are stored on its code repository platform. Jonathan Raa | Nurphoto via Getty Images Microsoft-owned developer platform GitHub on Tuesday said it is giving enterprise users the ability to limit the storage of their sensitive software code to data centers located in the European Union. … Read more

Microsoft’s first-mover advantage in AI is fading. Why we’re OK with that

Microsoft’s first-mover advantage in AI is fading. Why we’re OK with that

Microsoft is no longer the only game in town in generative AI. That’s OK because competition is healthy. Amazon , Meta Platforms and Apple are eating away at Microsoft’s once-sizable lead in the heated artificial intelligence arms race, according to D.A. Davidson research analysts. As a result, the analysts cut their rating on the Redmond, … Read more