The price of Bitcoin surged above the $100,000 mark on Wednesday for the first time, and one man thinks he’s the reason for it. AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” President-elect Donald…
Jeff Bezos at The New York Times’ DealBook Summit on Dec. 4.Photo: Eugene Gologursky (Getty Images) In This Story Amazon (AMZN+2.20%) founder Jeff Bezos said his space venture may not be a good business today, but that doesn’t mean it won’t be one tomorrow. AI trip planners will soon be better than human travel agents,…
In This Story As his former colleague and artificial intelligence rival prepares for a role in the incoming Trump administration, Sam Altman says he’s not worried about Elon Musk. AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said Despite there being “lots of things not to like…
Photo: Spencer Platt (Getty Images) In This Story The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA+3.13%), getting December off to a good start after a November that was the best month of 2024 for both the Dow and S&P 500. In the afternoon, the Dow Jones Industrial…
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C. Photo: Chip Somodevilla (Getty Images) In This Story While Nvidia’s (NVDA-1.75%) shares have tripled in value so far this year, its shares dropped more than 10% in the week after it reported fiscal third-quarter earnings. Donald Trump’s best and…
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Elon Musk is mad he didn’t get an invite to California’s upcoming EV party. The Tesla CEO is upset that market share limitations on a tax credit in the works would block his company from the benefit. Donald Trump’s best and worst cabinet picks, according…
A trader works on the floor of the New York Stock Exchange during morning trading on March 4.Photo: Angela Weiss (Getty Images) In This Story The Dow climbed and the dollar weakened early Monday following the news that President-elect Donald Trump has tapped Wall Street’s Scott Bessent to be his next Treasury Secretary. How AI…
Photo: gorodenkoff (Getty Images) In This Story U.S. stocks climbed on Friday, with all three major indices advancing toward solid weekly gains. The Dow Jones Industrial Average rose by 228 points, or 0.5%, while the broader S&P 500 edged higher by 0.1%. The tech-heavy Nasdaq Composite was flat. Meanwhile, The yield on the 10-year Treasury…
Google headquarters during Made By Google on August 13, 2024 in Mountain View, California. Photo: Justin Sullivan (Getty Images) In This Story Google parent company Alphabet’s (GOOGL-5.15%) shares fell over 5% during mid-day trading on Thursday amid pressure on Google to sell its Chrome web browser. AI can do the work of countless stock market…
Nvidia headquarters on May 21, 2024 in Santa Clara, California. Photo: Justin Sullivan (Getty Images) In This Story Nvidia’s (NVDA-1.21%) shares made a slight recovery at the market open on Thursday, before reversing and continuing its fall during after-hours and pre-market trading. The stock market risks of Nvidia’s success, according to a strategist The chipmaker’s…