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2025 was the best year for IPOS since 2021. Over $30 billion was raised in the first three quarters alone!

6 days ago | [YT] | 672

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The US unemployment rate crept up to 4.6% in November — its highest level since September 2021.

The jobless rate jump came as the US economy added positions in November, but saw a steep decline in October.

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1 week ago | [YT] | 490

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Disney has invested $1 billion into OpenAI and has reached an agreement for Disney to become the first major content licensing partner on Sora, OpenAI’s short-form generative AI video platform.

Among the characters fans will be able to use in their creations are Mickey Mouse, Minnie Mouse, Lilo, Stitch, plus iconic animated or illustrated versions of Marvel and Lucasfilm characters like Black Panther, Captain America, Iron Man, Loki, Thor, Thanos, Darth Vader, Han Solo, Luke Skywalker, and Yoda.
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1 week ago | [YT] | 448

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The Federal Reserve has cut rates for the third time this year, bringing the target range down to 3.5-3.75%.

2 weeks ago | [YT] | 668

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Multiple divisions at Microsoft have lowered sales growth targets for certain AI products after many ​sales staff missed goals in the fiscal year that ‌ended in June, The Information reported on Wednesday.

It is rare for Microsoft to ‌lower quotas for specific products, the report said, citing two salespeople in the Azure cloud unit.


Shares of the company, which is one of the biggest winners of the generative AI boom thanks to its ⁠early bet on ChatGPT-maker ‌OpenAI, fell more than 2%. The stock has gained about 16% this year.
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3 weeks ago | [YT] | 532

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OpenAI CEO Sam Altman told employees that the company was declaring a “code red” effort to improve the quality of ChatGPT and delaying other products as a result, according to an internal memo viewed by The Wall Street Journal. 🚨
finance.yahoo.com/news/openai-sam-altman-declares-…

3 weeks ago (edited) | [YT] | 530

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There were more than 1.9 million Americans aged 25 and over with at least a bachelor’s degree who were unemployed in September, one in four of the total number of unemployed. 😱

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4 weeks ago | [YT] | 1,013

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Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to US citizens would require congressional approval.

“We will see,” Bessent said Sunday on Fox News. “We need legislation for that.”


Trump, who has touted the billions raised in US tariff revenue this year, has talked about the checks as public frustration mounts over the cost of living. Speaking to reporters on Air Force One on Friday, Trump said the checks would go out sometime next year to “everybody but the rich.”

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1 month ago | [YT] | 550

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SoftBank has sold its entire Nvidia stake for $5,800,000,000. 👀

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1 month ago | [YT] | 1,193

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Warren Buffett has sent his final annual letter to Berkshire Hathaway shareholders. 😮

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1 month ago | [YT] | 1,801