From Yahoo Finance
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Google Gemini can power a virtual AI teammate with its own Workspace account
At its I/O keynote, Google demoed a virtual AI teammate that can provide insights on a team's work using its own Workspace account.
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Meta to shut Workplace app to focus on AI, metaverse
Workplace will be shuttered starting June 2026 for customers but Meta will continue to use it as its internal messaging board, the company said, adding users can continue to access the product until August 2025. The enterprise communications app, Workplace, was first introduced for businesses in 2016 with new features including multi-company groups and shared spaces that allowed employees from different organizations to work together.
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Meta Is Shuttering Workplace, Its Enterprise Version of Facebook
(Bloomberg) -- Meta Platforms Inc. is shutting down Workplace, the enterprise version of Facebook that it once hoped might rival Slack and other office productivity tools. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsMacron Puts French Banks in Play With Plan to Transform EuropeFlood of China Used Cooking Oil Spurs Call to Hike US LeviesFive Under-the-Radar Billionaires Making Vast Fortunes in...
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Explainer-Why are meme stocks rallying again?
GameStop and AMC Entertainment have again captured retail investors' attention, reminiscent of "the meme stock frenzy" that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally "Roaring Kitty". Keith Gill, popularly known among traders as "Roaring Kitty", shared a series of cryptic posts on social media platform X on Sunday following a three-year gap.
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GameStop Rally Missing One Key Ingredient From 2021 Meme Frenzy
(Bloomberg) -- GameStop Corp. shares are soaring, and the Internet is abuzz about someone known as ‘Roaring Kitty.’ But for all that’s reminiscent of the meme stock frenzy of 2021, there’s one key element missing from that time: a frenzy of bullish options buying to help pump another 1000% surge.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsMacron Puts French Banks in Play With Plan to Transform
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Inflation expected to tick down in April as Fed officials weigh rate cuts
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
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Comcast announces new bundle of Peacock, Netflix, Apple TV+
Comcast (CMCSA) has announced a new streaming bundle that will include its own streaming service Peacock alongside Netflix (NFLX) and Apple TV+ (AAPL). The price of the bundle has yet to be released. Catalysts Anchors Madison Mills and Seana Smith break down the latest developments with these companies and how they may operate moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
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GameStop shorts a 'small drop in the bucket' of wider economy
Meme stocks are experiencing a boost following the online return of "Roaring Kitty," best known for the GameStop (GME) short squeeze of 2021. Newton Investment Management Chief Investment Officer and Head of Equity John Porter joins Catalysts to break down what the meme stock rally could mean for the market (^DJI, ^GSPC, ^IXIC). Newton reflects on the 2020-2021 meme stock rally, explaining that "there was an undercurrent of liquidity there that was an important catalyst for what was going on."...
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Amazon's cloud unit CEO Adam Selipsky to step down
The CEO of Amazon's cloud computing business took over during the pandemic and oversaw the early transition to AI.
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Why Shares of Plug Power Are Skyrocketing Today
After plunging 7% last week, Plug Power (NASDAQ: PLUG) stock has been soaring to start this week. The hydrogen and fuel cell stock climbed...
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Dogecoin (DOGE) Vs. GameStop (GME): What $1000 Invested 2 Years Ago Is Worth Today - Dogecoin (DOGE) Vs ...
Dogecoin (DOGE) and GameStop (GME) come from largely different asset classes. However, they share a variety of similarities. Both have experienced significant price increases over the past several years, largely driven by retail investors aiming to challenge the larger financial system. However which asset has been more successful at this goal, measured through price appreciation? Let's take a closer look. Don't Miss: If you invested $1000 in DOGE when Elon Musk first tweeted about it in 2019,...
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Markets, Fed getting 'complacent' to rising prices: Strategist
Recent economic data, such as Tuesday's hotter-than-expected Producer Price Index (PPI) reading, suggest inflation is not moving as swiftly as hoped toward the Federal Reserve's 2% target. Verdence Capital Advisors Chief Investment Officer Megan Horneman joins The Morning Brief to give insight into how the markets are moving and why the Fed will need to adopt a more hawkish tone to rectify the current inflationary trend. Horneman explains that beyond the recent PPI report, there have been other...