Wall
Netflix is set to report its first-quarter earnings on Thursday, but there’s a big twist. It will no longer break out subscription figures, which had been a central barometer that many on Wall Street used to gauge the health of its business.Why the change? Netflix has said it wants to…
If you’re looking for answers on how generative AI is changing Wall Street, look no further than its technologists.Software engineering divisions have been at the forefront of Wall Street’s generative AI evolution. They’re not just designing and building the systems. Developers have been some of the earliest adopters of AI,…
Many soothsayers throughout Wall Street’s C-suites had bet that a new administration, with values ostensibly more amicable to the business community, would shock the life back into a comatose market for dealmaking.They may have spoken too soon.Indeed, on every bank’s first-quarter earnings calls in recent days, one person loomed over…
Tesla’s stock is down 44% year-to-date amid sales woes and CEO Elon Musk’s involvement in DOGE.Inside Tesla, however, workers say they’re unbothered by the carmaker’s stock price.”It feels like we’re in a storm right now, but I’m personally very confident in the company,” one said.Tesla’s stock is tanking over fears…
Jim Owen, a former investment manager, was goal-oriented but couldn’t find the motivation to exercise. At age 70, he had “excruciating” back pain so started working out. Starting from zero, he now competes in fitness contests, has lost 35 pounds, and fixed his back pain.At 70, Jim Owen couldn’t do…
Vistra reported earnings Thursday, and its stock fell 11% that day as of publication time.The energy company is in talks with data centers on powering the facilities with its nuclear fleet.Investors want to see a deal signed. The CEO said regulatory hurdles are holding up the process.The AI boom has…
