Quartz
Stocks are set to close the week higher on Friday, with the Dow potentially extending its winning streak to eight consecutive days. The S&P 500 and Nasdaq were also rising in the morning. Read more...
Shares of Zeekr, the premium electric vehicle arm of China’s Geely Auto, are set to begin trading on Friday after the company expanded its initial public offering (IPO).Read more...
The alphabet soup of U.S. government entities looking into Boeing just got a few more letters. Bloomberg reports that the Securities and Exchange Commission (SEC) has begun digging into statements made by the company about how it approaches safety in its manufacturing processes after a door plug blew off an Alaska…Read more...
Nearly 90% of tracked stablecoin transactions are not human-involved. According to recent data published by Visa and blockchain data provider Allium, less than 10% of transactions are initiated by actual users, and most are done by bots. This means that only $149 billion out of the total of $2.2 trillion in stablecoin…Read more...
OpenAI is reportedly planning to announce its artificial intelligence-powered search competitor to Google as early as Monday — a product that could threaten Google’s search engine dominance.Read more...
When the calendar flipped over to May, Nissan instituted a new sales policy for its dealers: Cars can be advertised at discounts up to 10 percent off the invoice price, a massive reduction from typical MSRP. The reasoning, it seems, is that Nissan just has too many cars sitting on dealer lots.Read more...
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