Morgan Stanley rolls out OpenAI-powered chatbot for Wall Street division
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned. The firm, which launched an AI assistant based on OpenAI’s ChatGPT technology to its wealth management advisors in early 2023, began rolling out another version called AskResearchGPT this summer in its institutional […]
10-year Treasury yield rises further into 3-month high as volatility gauge hits new 2024 peak
Long-dated Treasury yields extended their climb into three-month highs Wednesday morning, as investors remained wary that the approaching U.S. election could exacerbate the government’s fiscal deficit.
Coca-Cola (KO) Q3 2024 earnings
Coca-Cola on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, thanks to a boost from higher prices that offset sluggish demand. Shares of the company fell 2% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: […]
‘Swicy’ items take over restaurant menus as Gen Z seeks heat
A general view of atmosphere during ‘Sonic Desert’ presented by Coca-Cola Spiced and Topo Chico in partnership with BPM Music on April 13, 2024 in Thermal, California. Randy Shropshire | Getty Images The hottest food and drink trend this year isn’t just spicy — it’s also sweet. “Swicy,” a portmanteau of sweet and spicy, has […]
Traders’ enthusiasm for stocks returns to level seen just before 10% drop last year
Strategists at Citi are concerned about the possibility of a repeat, though they aren’t recommending investors trim their positions.
Starbucks releases preliminary results, says sales fell again
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our […]
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
A McDonald’s located on Route 66 in Azusa, California, on April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s shares dropped in extended trading Tuesday after the Centers for Disease Control and Prevention said an E. coli outbreak linked to McDonald’s Quarter Pounder burgers has led to 10 hospitalizations and one […]
McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says
An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.
WNBA Finals Game 5 game draws highest viewership in 25 years
The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center in Brooklyn, New York. David Sherman | National Basketball Association | Getty Images It was a big finish for the 2024 WNBA season. The fifth […]
