Carousell says it’s ‘on track’ to profitability, plans to reduce losses this year
Secondhand goods marketplace Carousell expects to “healthily” reduce its losses this year, putting it on track to profitability, the firm’s CEO told CNBC.
Is Meta uninvestable or a top pick? Pros weigh in on whether it’s time to buy
Tech giant Meta is facing an “identity crisis” and is best avoided, according to one portfolio manager. But not everyone agrees.
Stock futures are little changed after S&P 500, Nasdaq end four-day string of losses: Live updates
The three major averages ended Monday’s session higher.
China bans Nomura senior investment banker from leaving mainland, Reuters reports
Authorities in China have ordered a senior Nomura banker overseeing the firm’s investment banking operations not to leave the mainland, sources told Reuters.
Jeff Bezos’ Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon exec Dave Limp, CNBC has learned.
Spotify will use AI to replicate podcasters’ voices and translate them to other languages
Spotify is translating podcasts into multiple languages with the same original voice.
Merck Covid drug linked to virus mutations that can spread between people, new study says
There is still no evidence that molnupiravir, sold under the brand name Lagevrio, has produced more transmissible or severe variants of Covid.
ChatGPT can now ‘speak,’ listen and process images, OpenAI says
OpenAI’s ChatGPT can now “see, hear and speak,” or, at least, understand spoken words, respond with a synthetic voice and process images, the company said.
Bernstein says investors should take profits in pricey tech stocks such as Nvidia and these others
Megacap technology stocks have led most of the 2023 market rally, and it might be time to take some chips off the table, according to Toni Sacconaghi.
China’s outbound travel surges ahead of ‘Golden Week’ holidays
Bookings for foreign destinations such as Singapore and Australia have increased 20 times compared to the same holiday period last year, Trip.com says.
