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‘Seems Low:’ Elon Musk Questions Pfizer’s $0 Tax Bill, But Did Tesla Pony Up To Uncle Sam?

By Shanthi Rexaline
May 13, 2:52 AM
In December 2021, Musk paid a record-breaking $11 billion in federal income taxes, resulting from selling Tesla stock to finance his purchase of Twitter.

PFE

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  • Equities
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Who Would Replace Tim Cook At Apple? Gurman Weighs In On ‘Broader Succession Challenges’ At The Tech Giant

By Shanthi Rexaline
May 12, 3:14 PM
Apple could face a key challenge with respect to its executive team, says Bloomberg's Mark Gurman.

AAPL

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Alibaba Q4 Earnings Due Tuesday: Spotlight On E-Commerce Business, Cloud Business, AI Initiatives

By Shanthi Rexaline
May 12, 9:51 AM
Alibaba shares remain significantly below their late 2021 peak, and investors are eager to see if there will be an inflection in fundamentals with the March quarter performance.

BABA

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Sundar Pichai Finally Responds To Microsoft CEO’s Comments About Making Google Dance: ‘One Of The Ways You Can Do The Wrong Thing Is By … Playing To Someone Else’s Dance Music’

By Ananya Gairola
May 11, 9:52 AM
Alphabet's Sundar Pichai brushes off Microsoft's Satya Nadella's claim about Bing challenging Google, stressing the value of sticking to one's strategy over reacting to rivals.

GOOG

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OpenAI Top Exec Says It’s Too Early To Gauge AI’s Full Economic Impact: ‘We’ve A Year To Reshape The Economy? That’s A Tall Order’

By Ananya Gairola
May 11, 3:25 AM
OpenAI COO Brad Lightcap stated that it is too early to determine the full economic impact of AI, as the technology has not yet significantly altered the economy but may lead to more pronounced changes in the future.

GOOGL

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Rivian, Lucid, & Nikola Facing ‘EV Winter’ Challenge? Reportedly Struggling With Cost-Cutting Strategies To Boost Cash

By Nabaparna Bhattacharya
May 10, 1:37 PM
Rivian, Lucid, and Nikola implement cost-cutting strategies amid 'EV Winter,' facing challenges in the electric vehicle market, CNBC reports.

LCID

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Netflix Cozies Up To Roblox: Gamers Get ‘Digital Theme Park’ For Stranger Things, One Piece And More Streaming Hits

By Chris Katje
May 10, 12:28 PM
Netflix is bringing new gaming content to Roblox including immersive games based on Stranger Things, One Piece and Rebel Moon.

NFLX

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SoftBank’s Billion-Dollar Bet: Switching From Startups To Semiconductors, AI

By Anusuya Lahiri
May 10, 11:55 AM
SoftBank is in talks to acquire semiconductor startup Graphcore and recently led a $1.05 billion funding round for Wayve Technologies.

AMD

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AMC Networks Stock Slips: What’s Behind the Sharp Revenue and EPS Decline?

By Anusuya Lahiri
May 10, 9:05 AM
AMC Networks Inc (AMCX) reported Q1 2024 revenue decline of 16.9%, missing analyst estimates. Streaming subscribers increased but stock price fell.

AMCX

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Delta Air Lines, Live Nation Entertainment And More On CNBC’s ‘Final Trades’

By Avi Kapoor
May 10, 8:50 AM
Delta Air Lines, which reported better-than-expected first-quarter earnings, is Jim Lebenthal's top pick on CNBC's 'Final Trades.'

DAL

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