Market recap for Friday, April 20th
In this article:
Stocks slump to end the week as Apple weighs, and Trump takes on OPEC.
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Motley FoolUPDATE 3-Billionaire quant investing pioneer and philanthropist James Simons dies at 86
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ReutersOpenAI to Announce ChatGPT Updates Via Livestream Monday
(Bloomberg) -- Artificial intelligence company OpenAI will announce product updates via livestream on Monday, the company said in a post, stoking speculation about the AI giant’s next major release. Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarHow One Brooklyn Neighborhood Became a Nightclub HavenOpenAI said that it will not be launch
BloombergBluesky now lets you personalize main Discover feed using new controls
Bluesky is now allowing users to personalize their main Discover feeds. The social network is rolling out an updated version of its app that lets users offer feedback about its algorithmic feed so they can better customize it using "Show more like this" and "Show less like this" buttons in a post's menu to choose which content the algorithm surfaces. The change will help Bluesky users create a timeline that takes into consideration their own preferences, not what the company thinks they should see.
TechCrunchApple Says No Major App Developers Accept New Outside Payments
(Bloomberg) -- No major app developers have signed up to use outside payment options that Apple Inc. introduced earlier this year for its App Store because the fees they pay would be at least as high as they were before, according to testimony presented to a federal judge.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarHow One Brooklyn N
BloombergMassive News for Intel Stock Investors
Intel was hit with more bad news that has enormous implications for investors.
Motley FoolWhy Are Defensive Sectors Outperforming SPY?
Utilities and consumer staples outperformed the S&P 500 in the past month.
etf.com40.2% of Warren Buffett's $362 Billion Portfolio Is Invested in 2 Artificial Intelligence (AI) Stocks
You won't catch Warren Buffett chasing the latest stock market trend, but many companies in Berkshire Hathaway's portfolio are benefiting from AI nonetheless.
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