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Which workers are embracing generative AI and which are not?
ChatGPT, which was developed by OpenAI, was launched in November 2022. Within two months, it had more than 100…
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Paramount reported mixed third-quarter results
Paramount reported mixed third-quarter results for 2024. The entertainment conglomerate’s streaming service performed well, and advertising revenue rose by 18% year over year. However, its…
Will a Trump victory be bad for Mexico’s economy?
What will happen to Mexico’s economy now that Donald Trump is the president-elect? If he implements some of the threats he made during his election campaign, there will be mass deportations of…
Nissan plans to cut 9,000 jobs worldwide
Nissan recently announced plans to cut 9,000 jobs worldwide and cut global production by 20%.
Specific details remain unclear. The cuts are part of a broader plan—spanning the next few…
Pinterest reports solid Q3 revenue and user growth, but holiday forecast disappoints
Pinterest Inc. reported revenue of $898 million in the third quarter of 2024, up 18% year-over-year (YoY), and beating expectations of $896.7 million.
Q3 2024 financial breakdown…
Business Term of the Day
Yield
Yield is the amount of money that an investment generates in cash. It is typically calculated in percentage terms. The yield of a company’s shares, for example, is the annual dividend as a percentage of the share price. If a company’s share price is $100 and it pays a $10 dividend, its yield is 10%.
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