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☆ Stocks making the biggest moves midday: Southwest, Oracle, 3M, New York Community Bancorp and more
▼ + stars: | 2024-03-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Oracle — The database software stock surged 11% and headed for its best day since December 2021 after posting fiscal third-quarter earnings that topped Wall Street's expectations. Asana — The stock shed about 11% after the work management platform issued weak full-year revenue guidance. Asana said to expect revenue between $716 million and $722 million, less than the forecast of $725 million estimated by analysts polled by LSEG. American is expecting an adjusted loss of 15 cents to 35 cents per share, versus a 22 cent loss expected from analysts polled by FactSet. On lost 0.05 Swiss franc per share, while analysts polled by StreetAccount expected On to earn 0.10.

Persons: Oracle, William Brown, Asana, Microstrategy, Canaccord, TD Cowen, Dan Loeb's, StreetAccount, Archer, Daniels, Samantha Subin, Lisa Han, Alex Harring, Sarah Min Organizations: Southwest Airlines —, Boeing, Southwest, Oracle, L3Harris Technologies, LSEG, Wall Street, Boeing —, New York Times, Max, Alaska Airlines, Acadia Pharmaceuticals, American Airlines —, FactSet, Management, Advance, Swiss, Revenue, Daniels, Midland, Daniels Midland, . New York Community Bancorp Locations: .

☆ A safety group graded 14 driver-assistance systems. Tesla's self-driving option was the worst.
▼ + stars: | 2024-03-12 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Automated driving systems are lacking in the safety department, according to a new report. Tesla's Full Self Driving system earned the worst marks, but most of the 14 systems tested poorly. Some say that autonomous and assisted driving systems are responsible for fatal crashes. AdvertisementYou may want to think twice before flipping on your autonomous driving system on the highway. The agency tested 14 systems, 11 of which received a "poor" overall safety rating.

Persons: —, David Harkey, Tesla, Ford Organizations: Service, Insurance Institute for Highway Safety, National, Traffic Safety Administration, CNN, Ford, Mercedes, Benz, Nissan, General Motors, Insurance, Google Locations: California, Los Angeles, San Francisco

☆ New Activision QA union is the largest in the video game industry
▼ + stars: | 2024-03-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

A group of roughly 600 software testers at Activision on Friday formed the U.S. video game industry's largest union so far. The union is the first to organize under a new labor agreement negotiated as part of Microsoft's $69 billion acquisition of Activision in October, the company's largest takeover yet. Activision Quality Assurance United-CWA, the name of the union, is seeking higher wages and more career opportunities, QA tester Kara Fannon said in a statement. Before the Microsoft-Activision deal closed, QA workers at the video game-maker's Albany branch had also formed a union. "QA is currently an undervalued discipline in the games and software industries," the Albany wrote on social media at the time.

Persons: Bobby Kotick, Amy Pannoni, Kara Fannon, Claude Cummings Jr Organizations: Activision Blizzard, Allen, Co, Activision, Microsoft, Assurance United, CWA, Communications Workers of America, Labor, Big Tech Locations: Sun Valley , Idaho, U.S, Microsoft's, California , Texas, Minnesota, Albany

☆ Eli Lilly says FDA delays approval of Alzheimer's drug in surprise move
▼ + stars: | 2024-03-08 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly said Friday that the Food and Drug Administration has pushed back its approval decision deadline for the drugmaker's experimental Alzheimer's treatment donanemab in a surprise move. The agency plans to call a last-minute meeting of its outside advisors to further review the treatment's safety and efficacy in a late-stage trial, Eli Lilly said. It's another setback for Eli Lilly, which is racing to compete with Biogen and Eisai. In 2021, the FDA approved an earlier, ill-fated Alzheimer's drug called Aduhelm from Biogen and Eisai, despite a negative recommendation from the agency's advisory panel.

Persons: Eli Lilly, Eli Lilly's, Leqembi, Anne White Organizations: and Drug Administration, FDA Locations: Indianapolis , Indiana, Biogen

☆ Nvidia is one of the most overbought stocks on Wall Street after this week's massive rally
▼ + stars: | 2024-03-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Nvidia shares may be due for a pullback after another red hot start to the year. But Nvidia may be getting ahead of itself after nine-straight weeks of gains, according to this commonly watched metric. Here are some of the stocks that made the list: Howmet Aerospace and General Electric are the most overbought stocks, with RSIs exceeding 89. Nvidia was the fourth-most overbought stock on the list with an RSI reading of about 86. NVDA 5D mountain Nvidia shares this week Other companies that made the overbought list include Jabil , Leidos Holdings and American Express .

Organizations: Nvidia, CNBC Pro, Wall, Aerospace, General Electric, Electric, JPMorgan, Leidos Holdings, American Express, Apple Locations: China

☆ Tech guru Cathie Wood says Nvidia is the Cisco of the AI boom and warns its growth may falter
▼ + stars: | 2024-03-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Cathie Wood's outlook for Nvidia is slower growth, weaker demand, and fiercer competition. Wood has cut her exposure to Nvidia as she believes the market's hopes may be overblown. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCathie Wood has sounded the alarm on Nvidia, warning its spectacular growth is likely to slow, and comparing its stock surge to Cisco during the dot-com bubble. Indeed, Nvidia stock has soared almost 90% this year, boosting the company's market capitalization to more than $2 trillion.

Persons: Wood, —, Cathie Wood, hasn't, Tesla, Jensen Huang, Sam Yeh Organizations: Nvidia, Ark, Service, Cisco, Ark Invest, Oracle, AMD, Getty, Apple Locations: AFP

☆ United to pause pilot hiring, citing Boeing's delivery delays
▼ + stars: | 2024-03-07 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

United Airlines will pause pilot hiring this spring because of Boeing delivery delays, the latest effect of the plane maker's problems on one of its biggest customers. New hire classes will be paused in May and June and will likely resume in July, Marc Champion, vice president of flight operations, and Kirk Limacher, vice president of flight ops planning and development, told staff Thursday in a memo, which was seen by CNBC. "We wanted to let you know that United will slow the pace of pilot hires this year due to continued new aircraft certification and manufacturing delays at Boeing," they wrote. Bolts appeared to be missing on the plane when it left Boeing's factory, a preliminary investigation found. United's CEO, Scott Kirby, in January said the carrier is making a fleet plan without the Max 10.

Persons: Marc Champion, Kirk Limacher, Boeing Max, Bolts, Max, Scott Kirby, Limacher Organizations: Boeing, CNBC, Alaska Airlines, Federal Aviation Administration

☆ Elon Musk's wealth is down by almost $40 billion this year — and it's only March
▼ + stars: | 2024-03-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

The Tesla CEO's wealth has dropped by almost $40 billion since the start of 2024. The EV maker's sagging stock price has taken its toll on Musk's net worth. The Tesla CEO's net worth has plunged by almost $40 billion this year, according to the Bloomberg Billionaires Index. AdvertisementThe LVMH chief is worth $197 billion, $1 billion more than Bezos, after adding $18 billion to his worth this year. Most of Musk's wealth comes from his 21% stake in the EV maker.

Persons: Elon, —, Jeff Bezos, He's, Bernard Arnault, it's, Arnault, Musk Organizations: Service, Tesla, Bloomberg Locations: China, Delaware

☆ Epic Games says Apple retaliated over lawsuits by banning company's developer account
▼ + stars: | 2024-03-06 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Apple has rejected Epic Games' application for a developer account it would use to launch an app store for iPhones in Europe, Epic CEO Tim Sweeney said Wednesday. The relationship between Apple and Epic Games has been confrontational since Epic sued Apple in 2020 over whether Fortnite could evade Apple's App Store rules and bypass its 30% cut of game sales. The spat highlights global regulatory threats to Apple's App Store sales, a profitable division for Apple reported under its services business. Sweeney said Wednesday that Epic planned to introduce a new app store in Europe to distribute Fortnite and other games. Don't miss these stories from CNBC PRO:WATCH: Epic Games lawsuit

Persons: Apple, Tim Sweeney, Sweeney, Phil Schiller, Schiller Organizations: Games, Apple, Apple App, Epic Games, Digital Markets, Spotify, Epic, Sweden, CNBC Locations: iPhones, Europe, California, Sweden

☆ Right-wing boycotters take aim at another brand: Doritos
▼ + stars: | 2024-03-06 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Read previewRight-wing boycotters have set their sights on another major brand: Doritos. Representatives for Doritos, PepsiCo, and Hudson did not immediately respond to BI's request for comment. AdvertisementOn Tuesday, Doritos Spain announced it was cutting ties with Hudson because of comments she reportedly made that resurfaced online, Newsweek reported. Advertisement"I don't remember having written such barbarities," she wrote, according to a Rolling Stone translation. While brand boycotts are nothing new, experts previously told Business Insider that political polarization in the US, combined with culture wars and panic-stoking media coverage, have been gaining steam in recent years.

Persons: —, Samantha Hudson, Hudson, Doritos, Rolling Stone, BoycottDoritos, Dylan Mulvaney, aren't Organizations: Service, PepsiCo, Hudson, NBC News, Business, Doritos, Newsweek, Stone, Bud Light Locations: Spain, Doritos Spain, Spanish

☆ Nvidia makes it clear its best days are still ahead — and health care is one reason why
▼ + stars: | 2024-03-06 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The problem: Conventional scorekeeping for chip companies may miss the scale of Nvidia's opportunity ahead. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. "Health care will be the largest technology industry in the coming years," Powell predicted at the TD Cowen conference. However, Powell said Nvidia's previous work on autonomous driving help the company's push into new corners of that market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Morgan Stanley's, Colette Kress, Kress, Kimberly Powell, Powell, Cowen, haven't, Nvidia's, it's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, Management, CNBC Locations: U.S

☆ Nvidia may leapfrog Apple in value if the iPhone maker doesn't wow investors with AI soon, analyst says
▼ + stars: | 2024-03-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Apple needs to release GenAI services soon — or risk Nvidia overtaking it in value, analyst says. The prediction comes as Apple suffers a decline in iPhone sales in China. Apple is shifting its focus further towards generative AI after killing its electric car project. One key reason Apple may need to ramp up its generative AI efforts is because of iPhone sales headwinds. Leaders of the project reportedly said it nixed the car so employees on that team could instead work on generative AI.

Persons: —, Chi Kuo, Apple, Kuo, catchup, Tesla, Tim Cook hasn't, Microsoft's GitHub, Cook, Kuo didn't Organizations: Nvidia, Apple, Service, Twitter, Google, Counterpoint Research, Huawei, Microsoft, Bloomberg Locations: China

☆ Jeff Bezos is once again the world's richest person thanks to the Big Tech rally
▼ + stars: | 2024-03-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Jeff Bezos just reclaimed his title as the world's richest person. AdvertisementIt's been more than two years since Amazon founder Jeff Bezos was the world's richest person, but he's now back in the lead again. Bezos reclaimed the top spot after a sustained rally in Big Tech shares on the back of the artificial intelligence boom. The last time Bezos was the world's richest person was in 2021. Bezos first surpassed Microsoft cofounder Bill Gates as the world's richest person in 2017.

Persons: Jeff Bezos, Elon Musk, —, It's, he's, Bezos, Musk, Bill Gates, Bernard Arnault, LVMH Moet Hennessy Louis Vuitton Organizations: Big Tech, Bloomberg, Service, Amazon, Bezos, Origin, Microsoft, EV maker's Locations: China

☆ Power cut reportedly halts production at Tesla's gigafactory in Germany after suspected arson, police say
▼ + stars: | 2024-03-05 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A power outage has reportedly halted production at Tesla's German factory. Suspected arson on an electricity pylon caused the outage, police told Business Insider. AdvertisementTesla reportedly halted production and evacuated its gigafactory near Berlin on Tuesday following a power outage in the area. Tesla told the newspaper it did not expect to resume production quickly following a consultation with energy provider E.DIS. Tesla told the publication at the time that it would now "seek dialogue with all participants to decide on further steps."

Persons: —, Tesla, Berlin Organizations: German, Business, Service, Police, Employees, Guardian Locations: Berlin, Brandenburg, Grünheide, Müggelheim, Neukölln, Europe

☆ Dodge Charger will live on as a new EV and a gas-powered muscle car
▼ + stars: | 2024-03-05 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

In this article STLAM-IT Follow your favorite stocks CREATE FREE ACCOUNT2024 Dodge Charger Daytona Scat Pack EV DodgeDETROIT — Dodge won't abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered muscle car. 2024 Dodge Charger Daytona Scat Pack EV DodgeDodge CEO Tim Kuniskis called the EV a "game changer in the industry." Dodge Charger DaytonaThe Charger Daytona EV will initially be offered in "R/T" and "Scat Pack" models with 496 horsepower and 670 horsepower, respectively. The "Fratzog" logo on the "R-Wing" of the 2024 Dodge Charger Daytona Scat Pack EV.

Persons: DETROIT — Dodge, Dodge, Tim Kuniskis, we're, Kuniskis, Carlos Tavares, Tavares, Michael Wayland Organizations: DETROIT, Challenger, Dodge, Chargers, Dodge Dodge, EV, Charger, Dodge Challenger Locations: Dodge, Windsor , Ontario, Canada, Pontiac, Mich, CNBC

☆ Jeff Bezos surpasses Elon Musk to retake the world's richest person crown with a $200 billion fortune
▼ + stars: | 2024-03-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Jeff Bezos has surpassed Elon Musk to once again become the world's richest person. AdvertisementWith a $200 billion fortune, Amazon founder Jeff Bezos has surpassed Elon Musk to once again become the world's richest person. Musk has lost $31 billion in wealth so far this year to a total net worth of $198 billion as of Monday. Musk's wealth is derived from his $77 billion stake in Tesla, as well as his $71 billion stake in SpaceX. The top five richest person ranking is rounded out by Mark Zuckerberg, who has a $179 billion net worth, and Bill Gates, who has a $150 billion net worth.

Persons: Jeff Bezos, Elon Musk, Bezos, Musk, Bernard Arnault, Mark Zuckerberg, Bill Gates Organizations: Bloomberg, SpaceX, The Locations: Amazon

☆ Strong Ford hybrid sales provide a window for investors to make a move on the stock
▼ + stars: | 2024-03-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford on Monday reported a continued surge in monthly hybrid sales, the latest indication that its strategic shift from money-losing and demand-softening electric vehicles is paying off. Shares of Ford were trading as much as 4% higher on Monday after a strong February sales report. F YTD mountain Ford stock year to date performance. Hybrids are "going to be a breakout for Ford," Jim Cramer said Monday. Ford Blue, which includes ICE and hybrid vehicles, delivered a $7.5 billion EBIT profit.

Persons: Ford, Jim Cramer, Jim, Jim Farley, Jim Cramer's, Charly Triballeau Organizations: Ford, Ford Pro, CNBC, AFP, Getty Locations: U.S, Inwood , New York

☆ The best EV plays are now in China. Analysts are raising price targets on this stock
▼ + stars: | 2024-03-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

With Apple reportedly out of the electric car game and Tesla losing market share in some Chinese cities, the best EV stock plays are arguably now all based in China. Li Auto 's market share waned, and Morgan Stanley analysts are watching whether there will be a boost from new models. "Following our upgrade earlier this month, Li Auto delivered impressive earnings/guidance, further cementing its position as a top-tier China OEM," Deutsche Bank analysts said in a late February report. Li Auto management said they expect gross margin to fluctuate between 10% and 25%, but generally remain above 20%. But even with its premium pricing the company isn't immune from intense competition in China's electric car market.

Persons: Morgan Stanley, Nio, BYD, Li Auto, Li, Li Auto's, Weibing Lu, Xi Jinping, — CNBC's Michael Bloom Organizations: Apple, Friday, China, Deutsche Bank, Li Auto, Bank of America Securities, Huawei, Forseven, CYVN Holdings Locations: China, Hong Kong, Shanghai, U.S, Europe, Japan, East, Central Asia, Abu Dhabi, Norway

☆ Ride the bull market wave with these top stocks in March, Morgan Stanley says
▼ + stars: | 2024-03-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Analysts at Morgan Stanley have named a slate of stocks to buy as March gets underway. The firm said investors should bet on the market's momentum by scooping up shares of undervalued companies. They include HashiCorp , Rivian Automotive , Dell Technologies, Sun Country Airlines and Huntington Bancshares. The stock is down 26% over the last 12 months, but the firm said investors should buy the dip. HashiCorp Analyst Sanjit Singh upgraded the cloud-computing infrastructure company to overweight from equal weight earlier this week.

Persons: Morgan Stanley, scooping, Ravi Shanker, Shanker, Sanjit Singh, Singh, Adam Jonas, —, Jonas, Rivian, Dell, …, Huntington, HBAN Organizations: CNBC, Rivian Automotive, Dell Technologies, Sun Country Airlines, Huntington, Amazon, Rivian, Airlines Locations: Huntington Bancshares

☆ Lawyers who voided Elon Musk's pay as excessive want $6 bln fee
▼ + stars: | 2024-03-02 | by ( ) www.cnbc.com time to read: +1 min

The lawyers who voided Elon Musk's $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker's stock. Musk blasted the request as "criminal," posting on his X platform that "the lawyers who did nothing but damage Tesla want $6 billion." The company would pay the lawyers who represented Richard Tornetta, a shareholder who sued Musk in 2018 over the pay package, which a Delaware judge nixed in January. The electric vehicle maker is being asked to pay the fee because it benefited from the return of Musk's pay package, which the legal team said will result in the return to the carmaker of 266 million shares. Judge Kathaleen McCormick, who is overseeing the case and will decide on the fee, called Musk's pay "unfathomable" in her ruling.

Persons: Elon Musk, Tesla, Elon, Musk, Richard Tornetta, nixed, Kathaleen McCormick Organizations: Elon Musk's Locations: Krakow, Poland, Delaware

☆ Stocks making the biggest moves premarket: Dell, New York Community Bancorp, HP and more
▼ + stars: | 2024-03-01 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its "internal controls." The company topped analysts' expectations for earnings per share by 3 cents, according to LSEG. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion. Autodesk — Shares jumped 8% after the software company posted a beat in its latest quarterly results. Analysts polled by LSEG had anticipated per-share earnings of $1.95 on revenue of $1.43 billion.

Persons: NYCB, Hewlett Packard, LSEG, Root, Jeffries, Alex Harring, Samantha Subin, Jesse Pound, Tanaya Macheel, Sarah Min, Michelle Fox Organizations: York Community Bancorp, JPMorgan, Dell –, Hewlett Packard Enterprise, Daimler, Autodesk —, Autodesk

☆ February was a great month for Wall Street. These were our 5 best-performing stocks
▼ + stars: | 2024-03-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

NVDA YTD mountain Nvidia (NVDA) year-to-date performance Nvidia was our top-performing stock for February. Shares surged 28.6% in the month on the back of stellar quarterly results and continued investor optimism in generative artificial intelligence. META YTD mountain Meta Platforms (META) year-to-date performance Coming in at No. GEHC YTD mountain GE Healthcare (GEHC) year-to-date performance GE Healthcare shares jumped 24.4% during February, occupying the No. FL YTD mountain Foot Locker (FL) year-to-date performance Foot Locker was the portfolio's fourth-best stock in the month.

Persons: Jim Cramer, Mark Zuckerberg, Locker, Mary Dillon's, Jim Cramer's, Jim, Brendan McDermid Organizations: Federal Reserve, Nasdaq, Dow Jones Industrial, Club, Palo Alto Networks, Wynn Resorts, Nvidia, Facebook, GE Healthcare, Meta, Wall Street, General Electric, Nike, Health, CNBC, Traders, New York Stock Exchange Locations: Wells Fargo, WYNN, FL, New York City, U.S

☆ Elon Musk sues Sam Altman, accusing him of betraying OpenAI's mission of benefiting humanity
▼ + stars: | 2024-03-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Elon Musk is suing OpenAI and its CEO Sam Altman. Musk accused the company's partnership with Microsoft of jeopardizing its non-profit mission. AdvertisementElon Musk is suing OpenAI and its CEO Sam Altman, claiming that the ChatGPT maker's partnership with Microsoft is jeopardizing its original non-profit mission. "OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft," lawyers for Musk argued. In January Microsoft CEO Satya Nadella said he doesn't have any issues with OpenAI's ownership structure and just wants the ChatGPT maker to have "good governance" rather than control of the company.

Persons: Elon Musk, OpenAI, Sam Altman, Musk, —, Greg Brockman, Altman, Brockman, Satya Nadella Organizations: Microsoft, OpenAI, Service, Google Locations: OpenAI

☆ Nvidia's directors bagged $80 million last week in a selling spree following the company's blowout results
▼ + stars: | 2024-02-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Nvidia directors sold 99,000 shares worth about $80 million last week. Nvidia's insider stock sale last week was the most in a month since SeptemberNEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Last week, Nvidia directors sold 99,000 shares worth about $80 million, according to the Santa Clara-based company's Form 4 filings with the US Securities and Exchange Commission. The share disposals by Nvidia directors were made in the days following Nvidia's earnings beat in the fourth quarter, sending the stock to its record high. Nvidia's stock surge has also made Huang one of the richest people in the world.

Persons: —, Jensen Huang, Huang Organizations: Nvidia, Service, US Securities and Exchange Commission, Bloomberg, Washington Service Locations: Santa Clara

☆ Google is starting to feel like any other business, and staging a comeback won't be easy
▼ + stars: | 2024-02-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at how Google has gone from the tech industry's vanguard of cool to just another boring company . AdvertisementGoogle has long stayed atop Silicon Valley's volatile popularity contest — but the best place to work in tech is starting to feel like any other business , Business Insider's Hugh Langley and Lara O'Reilly write. Bureaucracy, an aversion to risk, and deference to Wall Street over employees — things Google long eschewed — have become the norm. The latest example is the debacle surrounding Gemini — its flashy new AI model that faced backlash for being too "woke."

Persons: —, Rebecca Zisser, Hugh Langley, Lara O'Reilly, Alistair Barr, Sundar Pichai, Hugh, Lara, Mateusz Wlodarczyk, BI's Peter Kafka, it's, David Rosenberg, Gary Shilling, Snowflake's Frank Slootman, Ozgur Hakan Aslan Toyota, Boxabl, Elon Musk, Tesla, Hewlett Packard, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Google, Business, Gemini, Meta, Big Tech, OpenAI, Corporations, Nvidia, SEC, Universal Music Group, Universal, BI Locations: —, New York, London

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