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More Than Half Of Fortune 500 Companies Flag AI As A Major Risk, Marking 473.5% Surge In Warnings Amid Growing Concerns
Monday, August 19, 2024 - 6:04am | 649The potential risks associated with artificial intelligence have been increasingly underscored by Fortune 500 companies in their annual reports. The number of firms highlighting AI as a risk factor has surged by 473.5% in the past year, a new report reveals. What Happened: A study by Arize AI found...
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AI Adoption A 'Do Or Die' Moment For Companies, Says SandboxAQ CEO: 'There's Going To Be Winners And Losers'
Thursday, May 2, 2024 - 8:47am | 670Jack Hidary, CEO of SandboxAQ, recently emphasized the critical role of AI in determining the future of various industries. What Happened: Hidary stated during CNBC’s “Last Call” on Wednesday, “AI… it’s a do-or-die moment right now.” He highlighted that AI...
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Nansen Third-Party Affiliate Suffers Phishing Attack, Blockchain Addresses Exposed
Friday, September 22, 2023 - 8:58am | 627Crypto analytics firm Nansen reported a breach involving one of its third-party vendors. The hack exposed 6.8% of user emails and some blockchain addresses. What Happened: Nansen CEO Alex Svanevik told Benzinga, "Our team has been working day and night in the last 48 hours to mitigate the...
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Constellation Brands - A Diversified Tale Of Making The Best Of A Slow Growth Industry
Wednesday, July 5, 2023 - 3:39pm | 853Unlike Invesco QQQ Trust (NASDAQ: QQQ) that is all about the tech stocks changing the world, the S&P 500 is more about what makes the world, as as its members, also held by SPDR S&P 500 ETF Trust (NYSE: SPY) that is designed to follow the index, tell the tale of economic health and...
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Elon Musk's 2021 Pay Package Dwarfed Fortune 500 CEO Salaries, But There's A Larger Problem
Tuesday, May 31, 2022 - 8:14am | 810Tesla Inc's (NASDAQ: TSLA) Elon Musk is reportedly the highest-paid Fortune 500 CEO in the United States. Apple Inc (NASDAQ: AAPL) Nvidia Corp (NASDAQ: NVDA), and Netflix Inc (NASDAQ: NFLX) chief executives are some of the others who...
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Fortune 500 List Includes Cryptocurrency Company For The First Time; 30 Return After Missing 2021
Wednesday, May 25, 2022 - 9:56am | 1034Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year. Cryptocurrency Earns Its Place: For the first time ever, a cryptocurrency company landed...
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Coinbase Enters The Fortune 500, Surpassed By Just One Company In Revenue Growth
Wednesday, May 25, 2022 - 1:15am | 451Coinbase Global Inc (NASDAQ: COIN) has become the first cryptocurrency company to enter the Fortune 500 list. What Happened: Coinbase was included in the 68th Fortune 500 list, which ranks the largest U.S.-based corporations by revenue each year. The company was ranked 437th on the list in terms of...
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Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020
Monday, August 2, 2021 - 6:04pm | 490Apple, Inc.'s (NASDAQ: AAPL) all-around product momentum has taken it to the top of the charts in terms of profitability. Cupertino Tops On Profits: Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today. Apple wrested the No...
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Fast Radius: Key Takeaways On The SPAC Deal Backed By Goldman Sachs, Palantir
Monday, July 19, 2021 - 12:21pm | 708A disruptive cloud manufacturing and supply chain company announced plans to go public Monday. The SPAC Deal: Fast Radius announced a SPAC merger with ECP Environmental Growth Opportunities Corp (NASDAQ: ENNV). The deal values the company at a post-transaction equity value of $1.4 billion. A...
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Stock Wars: ExxonMobil Vs. NextEra, A Battle Of Old Vs. New In Energy
Friday, October 23, 2020 - 3:56pm | 886The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization. ExxonMobil was also recently passed by rival Chevron (NYSE: CVX) as America’s most...
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IPO Outlook: McAfee, Cloud Company Datto Lead The Week
Monday, October 19, 2020 - 3:48pm | 634Three companies are expected to go public via a traditional IPO the week of Oct. 19. Here's a look at the details. Datto Holding: Cloud based software company Datto Holding (NYSE: MSP) plans on selling 22 million shares at a price point of $24 to $27. The company is the leading global...
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Daily Infographic: Fortune 500: Transportation
Monday, October 19, 2020 - 3:09pm | 54To view more FreightWaves infographics, click here.
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How Companies Like IFTTT Could Be Avoiding Apple's 'App Tax'
Thursday, October 1, 2020 - 5:42pm | 899Apple Inc (NASDAQ: AAPL) continues to make new enemies over its 30% commission charged on apps, in-app purchases and subscriptions paid through the iOS app store. The Apple Tax: Apple is well-known for taking a 30% commission from companies, a fee that is sometimes referred to as the...
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Is The Sell-Side Getting On Board With The Workday Story Now?
Thursday, August 31, 2017 - 3:38pm | 523Workday Inc (NYSE: WDAY)'s earnings report Wednesday helped boost shares to a new 52-week high of $111.45 Thursday but wasn't good enough to win over some of Wall Street's skeptics. Credit Suisse's Michael Nemeroff maintains a Neutral rating on Workday's stock, with a price target boosted from $94...
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Banking Disrupted: The Future Of Fintech And The Banking Industry
Monday, September 19, 2016 - 10:04am | 873The financial services industry is one of the last frontiers new technology has yet to fully conquer. Despite a heavily regulated banking industry, fintech companies are estimated to capture 17 percent of banks' revenue by 2023. While there is no shortage of fintech startups out there,...