Author: arthursheikin@gmail.com
[ad_1] 2025-08-14T17:46:11Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Apple is bringing blood oxygen monitoring back to some Apple Watch models after a US Customs ruling. It began pulling the feature in 2024, following a patent dispute with medtech company Masimo. An OS update will allow an Apple Watch to send sensor data to its paired iPhone for viewing.…
[ad_1] David Einhorn’s Greenlight Capital shed almost all of its Peloton shares after owning the exercise bike startup for a year, according to a new 13F filing. His hedge fund reduced exposure to Peloton by more than 96% to a stake worth merely $1.2 million at the end of June, the filing showed. The star manager first invested in the tech name in the second quarter of 2024. He even pitched the stock at the Robin Hood Investors Conference while riding a Peloton bike on stage, saying shares were “significantly undervalued.” Earlier this month, the company posted a surprise profit for its fiscal…
[ad_1] Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers, founded in 2019 by co-founder Aidan Gomez, one of the authors of the “Attention Is All You Need” paper that became the foundation of modern AI. But it has been a sleeper entrant in the AI model wars of late, dominated by OpenAI, Anthropic,…
[ad_1] While other large-cap names were thriving off their April lows, shares of PepsiCo (PEP) actually made a new 52-week low in May. This week, the beverage and snack heavyweight completed an upside rotation, pushing above its 200-day moving average for the first time since October. Today we’ll dig into the dynamics of this impressive turnaround story, show how a much larger rotation could be taking place, and identify key levels to watch to confirm further bullish breakouts. After achieving a series of new 52-week lows in April and May, PEP stabilized around the $127 level with a series of…
[ad_1] OpenAI CEO Sam Altman’s big GPT-5 announcement was drowned out by users clamoring to keep their access to older models.Less than 24 hours after OpenAI announced it would discontinue 4o, Altman and his team signaled a retreat. The fierce responses show that OpenAI’s userbase has developed strong attachments to its various AI models, an achievement in and of itself, but one that poses a challenge to the company as it looks to convince people to shift to newer models.”If you have been following the GPT-5 rollout, one thing you might be noticing is how much of an attachment some people have…
[ad_1] 2025-08-14T16:26:24Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A recent WalletHub study ranked every state from the best to the worst to live in. The study considered factors such as education, healthcare, and quality of life. New Mexico ranked last, with Arkansas and Louisiana close behind. In America, not all states are created equal.If you’re thinking…
[ad_1] 2025-08-14T16:10:15Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Jess Ciesla transformed a backyard shed into a cozy library where she can read every day. She renovated the space with her fiancé and his best friend. The project cost over $18,000. Ciesla plans to eventually add a porch, landscaping, and more to the pink library. Jess Ciesla,…
[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Computer assisted design (CAD) is one of the most critical software niches in most industries, turning out finished products, from aerospace and defense to iPhones and laptops, tractors and skyscrapers. If it’s built in the physical world, it’s likely to be built with CAD assisting the designers during the process. Many investors are familiar with Autodesk, the largest player in the space, but we’re going to tell you about a competitor whose stock has recently…
[ad_1] ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video model Sora. OpenAI also faced its share of internal drama, including the notable exits of high-level execs like co-founder and longtime…
[ad_1] Vibe coding startup Lovable aims to hit $1 billion in annual recurring revenue within the next 12 months, according to its CEO, Anton Osika. Speaking on Bloomberg TV on Thursday, Osika said the company grows by at least $8 million in ARR each month. In a blog post written this summer, the company said it passed $100 million in ARR just eight months after making its first $1 million. Osika told Bloomberg Thursday the company is projecting to reach $250 million in ARR by the end of this year, and it hopes to reach $1 billion within the next…