Salesforce faces an underappreciated risk: Platform customers jumping ship like Veeva
One analyst thinks Salesforce won’t be able to compete well with Veeva in life sciences after their broad-based agreement that bans competition ends in 2025.
Here are the most overbought and oversold stocks on Wall Street right now
The ‘relative strength index’ is one yardstick investors can use to figure out which stocks in the S&P 500 are undervalued or overvalued.
White House physician says lesion removed during Biden’s physical was cancerous, but no further treatment needed
Biden’s doctor said in a memo Friday that a lesion removed from Biden’s chest and sent for biopsy during his health assessment last month was basal cell carcinoma.
Amazon to close eight Go convenience stores in cost-cutting move
Amazon has been reevaluating its brick-and-mortar presence as it looks to cut costs.
Reid Hoffman steps down from OpenAI board to avoid potential conflicts of interest
Hoffman cited a desire to invest in companies using OpenAI’s software, which would cause a conflict of interest, he said in the post.
Trump proposes 10 futuristic ‘Freedom Cities,’ featuring Jetsons-like flying cars
Trump, the top Republican 2024 presidential candidate, also called for the government to help the U.S. beat China in developing flying personal vehicles.
Apple crackdown on ChatGPT apps unlikely, but it could impose new rules down the road
A email maker called Blix recently clashed with Apple over an AI-powered update to its email app, but that does not mean a ban or crackdown is imminent.
Art Cashin on why the Fed can’t go back to super-sized rate hikes
The UBS Financial Services’ director of floor operations said the central bank would find it difficult to reaccelerate after easing down to 25 basis points.
Jury finds Alex Murdaugh guilty in murders of wife and son
Murdaugh, 54, stood trial for the fatal shootings of his wife, Margaret, and their youngest son, Paul, in a case tied to a slew of financial crimes.
House ethics panel opens investigation of Rep. George Santos on range of issues
Rep. George Santos, a New York Republican, is the subject of a subcommittee probe into possible unlawful activity during his 2022 congressional campaign.
