Trump taps Elon Musk's ally David Sacks as AI and crypto czar

Trump taps Elon Musk’s ally David Sacks as AI and crypto czar

In This Story President-elect Donald Trump has named David Sacks as the White House’s artificial intelligence and cryptocurrency czar, giving the venture capitalist and vocal Republican donor influence over his administration’s policies. AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said “David will focus on making America…

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Uber is transitioning into a 'software company': Investor

Uber is transitioning into a ‘software company’: Investor

Uber (UBER) reported third quarter results, beating Wall Street expectations on both revenue and earnings. The rideshare platform posted revenue of $11.19 billion, surpassing estimates of $10.99 billion. Adjusted earnings per share reached $1.20, significantly higher than the anticipated $0.45. Despite these positive metrics, Uber’s stock faced pressure due to weaker-than-expected gross bookings and a…

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What to watch in the markets

What to watch in the markets

In This Story This week promises to be exceptionally busy, with a blend of financial updates and festive celebrations. Investors are bracing for a flurry of major earnings reports, providing a crucial snapshot of how various sectors are navigating the current economic landscape. McDonald’s is facing its first lawsuit from the Quarter Pounder E. coli…

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