User avatar
  • Hyunsoo Rim

Posts

Block soars after announcing 40% workforce cut amid AI push

Shares surged nearly 30% after CEO Jack Dorsey said AI will let a smaller team “do more and do it better.”

Michael Burry flags “troubling” jump in Nvidia’s supply commitments

The famed investor warns that noncancelable AI chip orders and $117 billion in total obligations could amplify the damage if demand cools.

Nvidia’s Jensen Huang thinks markets “got it wrong” on software stocks sell-off

The Nvidia CEO said agentic AI will use software tools like Excel, SAP, and ServiceNow — not replace them — after reporting strong earnings and…

The way different states use ChatGPT could tell us a lot about their economies

New data from OpenAI reveals a geographical divide in how Americans interact with the chatbot.

Workday’s miserable year continues after soft revenue guidance sinks the stock

Subscription guidance missed estimates even as earnings beat, fueling concerns that AI could weigh on software stocks.

Anglo American halves De Beers’ value as the natural diamond slump deepens

The miner has now written down De Beers by roughly $6.8 billion over the past three years.

Etsy sells fashion app Depop to eBay, as the pair’s post-pandemic paths split further

The $1.2 billion clothes reseller is the last shoe to drop in Etsy’s failed “House of Brands” experiment.

Riot Platforms rises on activist push to accelerate AI data center pivot

Starboard Value says leasing Riot’s vast Texas power capacity could potentially generate over $1.6 billion in EBITDA.

Younger companies and leaders embrace more remote work, new study finds

Firms founded in the past decade have nearly twice the WFH rates of those started before 1990.

Americans are spending more time at home and alone — and money shapes who can opt out

Over the past two decades, we’ve been reallocating our time away from offices, malls, and classrooms… and toward home and solitude.