Friday, November 22

Tag: medium businesses

These Stocks Are Trailing the Market by the Widest Margin in 25 Years
16Nov By adminNo Comments
World

These Stocks Are Trailing the Market by the Widest Margin in 25 Years

Nov. 16, 2023 11:00 am ETSmaller, speculative companies are in the midst of a furious autumn stock-market rally, but they still have an interest-rate problem.The S&P 600, an index of small companies with an average market value of $1.8 billion, has climbed 10% from its recent low on Oct. 27, slightly outpacing the S&P 500. Yet for 2023, it is on pace to trail its large-cap counterpart by the widest margin in a calendar year since 1998. The S&P 600 is up 1.7%, while the S&P 500 has climbed 17%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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These Stocks Are Trailing the Market by the Widest Margin in 25 Years
16Nov By adminNo Comments
Money

These Stocks Are Trailing the Market by the Widest Margin in 25 Years

Nov. 16, 2023 11:00 am ETSmaller, speculative companies are in the midst of a furious autumn stock-market rally, but they still have an interest-rate problem.The S&P 600, an index of small companies with an average market value of $1.8 billion, has climbed 10% from its recent low on Oct. 27, slightly outpacing the S&P 500. Yet for 2023, it is on pace to trail its large-cap counterpart by the widest margin in a calendar year since 1998. The S&P 600 is up 1.7%, while the S&P 500 has climbed 17%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds
15Nov By adminNo Comments
Technology

Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds

Updated Nov. 14, 2023 11:39 am ETKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures, the first outside investor in ChatGPT creator OpenAI, last raised $1.85 billion three years ago. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Google Sues to Block AI Ads Preying on Small Businesses
13Nov By adminNo Comments
Technology

Google Sues to Block AI Ads Preying on Small Businesses

Scammers are capitalizing on the rush of consumer interest in artificial-intelligence tools to steal U.S. small businesses’ social-media-account passwords, Google alleges in a new lawsuit. The lawsuit, filed Monday, targets unnamed individuals in India and Vietnam. Google said the hackers have been tricking small-business owners into clicking on Facebook ads that offer to download Google’s Bard artificial-intelligence chatbot. When they do, the ads hit them with malware that steals their social-media credentials. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Lucid’s $227,802 EV Loss Leader
10Nov By adminNo Comments
Health

Lucid’s $227,802 EV Loss Leader

Ford Motor Co. lost $62,016 on each electric vehicle it sold during this year’s third quarter. But that looks like a business success compared to Lucid Motors, the luxury electric-vehicle maker. On Tuesday the EV startup reported losing $227,802 per car sold in the latest quarter. Like several other EV startups, Lucid went public during the pandemic through a merger with a blank-check company. In November 2021, it reached a stunning market value of $91 billion despite having delivered only 125 cars in its history. It’s been downhill since. Lucid’s stock price has fallen 93% from its peak as losses mount.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.
7Nov By adminNo Comments
World

Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.

Nov. 7, 2023 6:00 am ET|WSJ ProIn 2021, at the height of the investor frenzy for crypto startups, entrepreneur Chris Horne raised $2 million in seed funding for Filta, a marketplace on which customers could buy and sell custom nonfungible token face filters that could digitally augment their face, say, by adding cat whiskers or a block head. But by the time the company launched in late summer of 2022, enthusiasm for crypto had waned and Filta was faltering. So Horne pivoted to the new hottest sector: artificial intelligence. He ditched the NFT idea, and this year relaunched Filta as a generative AI-powered digital pet, one that talks and can offer its owner emotional support. The technology behind his new company is OpenAI’s large language model, ChatGPT. And Horne is running his new Filt...
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Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
4Nov By adminNo Comments
World

Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms.The deals are making the big tech firms the largest backers and most direct beneficiaries of these startups, reflecting how some of the AI boom’s biggest rewards keep going to the most powerful players. The value of the tech giants’ stakes could shoot up if the startups take off. And if not, they still will have turned chunks of cash into revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
3Nov By adminNo Comments
Technology

Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

Updated Nov. 3, 2023 1:41 pm ETAmazon, Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms.The deals are making the big tech firms the largest backers and most direct beneficiaries of these startups, reflecting how some of the AI boom’s biggest rewards keep going to the most powerful players. The value of the tech giants’ stakes could shoot up if the startups take off. And if not, they still will have turned chunks of cash into revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off
2Nov By adminNo Comments
World

Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off

Listen to article(2 minutes)WeWork rode the wave of the venture-capital frenzy, building a global real-estate empire worth more than any other U.S. startup before buckling and laying off thousands when funding ran dry under its turbulent co-founder and former chief executive Adam Neumann. Ultimately, though, it was a historic office market bust that doomed the desk-rental giant. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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