OpenAI’s Sam Altman reverses threat to cease European operations
OpenAI’s CEO threatened to cease operations in Europe if regulation expanded, then seemed to reverse his stance saying there are “no plans to leave.”
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.
Texas House committee recommends Attorney General Ken Paxton be impeached
An official in the Republican attorney general’s office called the action by the GOP-led committee “illegal.”
American Express is a top pick that can rally more than 20%, Morgan Stanley says
American Express’ current valuation is pricing in too much of a growth slowdown, according to Morgan Stanley.
Wolfe downgrades this well-known data company on concerns over macro outlook
Wolfe Research downgraded shares to peer perform and removed its price target on Snowflake shares, citing macro overhangs.
This health insurance ‘behemoth’ can rally more than 20%, says Piper Sandler
The firm initiated coverage with an overweight rating and a price target of $580, which implies shares rallying 21.4% from where they closed Thursday.
Bank of America says this chip stock could be one of the best A.I. plays
Bank of America said ASML shares could rally more than 20% as the market leader in lithography technology.
Feds investigating if Menendez and wife got gifts including D.C. apartment, Mercedes and jewelry
Investigators want to know if Menendez got gifts from the owners or associates of a New Jersey company that won a controversial contract with the Egyptian government.
DeSantis doesn’t rule out pardoning Trump, Jan. 6 defendants if elected president
DeSantis was asked about pardoning Trump and defendants in the DOJ’s massive probe of the Jan. 6, 2021, Capitol riot.
Ford EVs will use Tesla charging tech in surprise partnership between rival automakers
Ford Motor will partner with Tesla on several charging initiatives for its current and future electric vehicles in an unusual tie-up.
