MV TELEGRAPH DAILY NEWS
Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an “unauthorized modification” caused the chatbot to generate variations of a “specific response on a political topic.” That controversial topic was “white genocide” …
Continue reading “Musk’s xAI Grok white genocide posts violated ‘core values’”
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters Lyft shares climbed 28% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. The stock notched its best day since February 2024. During an interview with CNBC’s “Squawk Box,” …
Continue reading “Lyft CEO says no indicators of fear with the buyer”
Something unusual is happening in a market long dominated by index funds. Active management is staging a comeback. Take the action in equity exchange-traded funds two weeks ago. Amid more whipsaw action in stocks that has typified 2025 trading, there was a net outflow from equity ETFs. But in a surprise, the selling was mostly …
Continue reading “Index funds faces greatest check in ages from 2025 inventory market”
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major posted …
Continue reading “BP posts sharp fall in first-quarter revenue on weaker oil costs”
NY Attorney General Letitia James speaks during a press conference on Feb. 14, 2025 in New York City. Michael M. Santiago | Getty Images A dozen states sued President Donald Trump and his administration on Wednesday, seeking a court order declaring that his new tariffs on foreign imports are illegal. “The president does not have …
Continue reading “Dozen states sue Trump in bid to dam new tariffs”
Ukrainian Minister of Economic Development and Trade, Yulia Svyrydenko and the US Secretary of Treasury, Scott Bessent (not seen) sign the outline of a rare earth minerals deal over an online call, in Kyiv, Ukraine on April 17, 2025. Anadolu | Anadolu | Getty Images Ukraine said Thursday that it had signed the basis of …
Continue reading “Ukraine says it has signed the define of a minerals take care of the U.S.”
Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images A group of 12 ex-OpenAI staffers, in support of Elon Musk’s lawsuit against the artificial intelligence startup, asked a court’s permission on Friday to share their concerns about the company’s transformation into a for-profit entity. The individuals collectively worked at OpenAI …
Continue reading “Ex-OpenAI staffers again Musk’s case towards transfer to for-profit entity”
Jakub Porzycki | Nurphoto | Getty Images U.S. President Donald Trump’s tariffs and subsequent actions by other nations have cast a shadow over investors’ portfolios. Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday. Trump and his administration has been defiant, with the U.S. president saying “it won’t …
Continue reading “CNBC Day by day Open: The commerce wars start”
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down more than 3% in afternoon …
Continue reading “Airline shares slide as issues develop over client journey”
U.S. President Donald Trump holds paperwork he signed during an Ambassador Meeting in the Cabinet Room of the White House on March 25, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump will announce new tariffs on auto imports Wednesday, the White House said. Trump will unveil the new tariffs during a …
Continue reading “Trump to announce new auto tariffs Wednesday”
