industrial news

ChatGPT AI Technology Will Create Copyright Law Problems

text size With a few words of instruction, ChatGPT can generate coherent, fluent text that feels human-generated. This could cause copyright law chaos, write Shawn C. Helms and Jason D. Krieser. dreamtime About the authors: Shawn C. Helms and Jason D. Krieser are partners at international law firm McDermott Will & Emery and co-heads of …

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Lucid stock rockets on heavy volume, has been halted 9 times for volatility

Shares of Lucid Group Inc. LCID, +43.00% rocketed 62.7% in very active afternoon trading, paring an earlier intraday gain of as much as 97.8%, prior to its latest trading halt for volatility. The electric vehicle and battery pack maker’s stock was trading down on the day until just before 11 am Eastern, the gains started …

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‘It’s not an earnings release, it’s a crime scene’: Analysts, and social media, react to Intel’s awful quarter.

“We have written the phrase ‘Worst earnings report in our history of covering this company’ on more than one occasion over the last couple of years. But this time we REALLY mean it…” That was the comment from a team of analysts at Bernstein, led by Stacy Rasgon, and a sampling of shock waves rippling …

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Bed Bath & Beyond stock plunges more than 20% after filing shows default on loans

Bed Bath & Beyond Inc. shares plunged more than 20% and were halted Thursday afternoon, after the retailer disclosed in a filing that it was in default on loans that have been called in. The struggling retailer finally filed its quarterly report with the US Securities and Exchange Commission on Thursday at roughly 2:30 pm …

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Opinion: Tesla earnings beat was thanks to still-nonexistent ‘full self driving’

More than six years after beginning to sell “full self driving” to consumers, Tesla Inc. beat on fourth-quarter earnings thanks to recognizing more than $300 million from sales of the software, which still doesn’t do what its name suggests. Tesla TSLA, +10.97% beat Wall Street’s target for adjusted earnings by six cents a share Wednesday …

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Intel Stock Slides on Weak Earnings and Even Weaker Forecast

text size Intel’s fourth-quarter earnings came in below Wall Street estimates. Courtesy of Intel Intel on Thursday missed profit expectations for the fourth quarter and provided a revenue forecast for its March quarter far below Wall Street’s expectations. The chip maker said its business in China was the weakest region relative to initial expectations for …

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Tesla stock ready to soar on Thursday, as analysts say latest results may quiet the bears for now

Tesla Inc. shares were climbing Thursday as investors applauded an earnings beat and upbeat comments from CEO Elon Musk, with some Wall Street analysts saying the bears should go away for now. Shares of Tesla TSLA, +8.24% jumped around 7% in premarket trading, indicating the stock could open around $154 from a close of $144. …

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