1. Nvidia is set to report earnings after the bell with high expectations from investors.
2. OpenAI is facing backlash, including potential legal action from Scarlett Johansson, over its AI voice feature.
3. JPMorgan’s Marko Kolanovic remains pessimistic about the market, while China sells a record amount of US bonds.
Capri Sun is now selling giant jugs for customers who may have outgrown the pouches but still enjoy the taste. There is also a Memorial Day sale offering 80% off Business Insider subscriptions. Nvidia’s upcoming earnings report is eagerly awaited, as the stock has been performing exceptionally well, with some analysts seeing further potential for growth despite potential challenges in the future.
Nvidia’s earnings report is highly anticipated, as the company has been a standout performer in the stock market recently, with significant gains in its share price. Despite concerns about potential competition and changing demand, some analysts still see room for Nvidia to continue its growth due to the demand for AI technology.
In contrast, OpenAI, another major player in the AI industry, is facing setbacks with its ChatGPT feature after accusations of using voices without permission. This incident raises questions about OpenAI’s practices and trustworthiness, especially after a former executive raised concerns about the company’s approach to innovation.
Market updates include JPMorgan’s forecast of a potential market downturn, excitement in the crypto world over a possible ethereum ETF approval, and China’s record amount of US bond sales. In the tech sector, Comcast’s new streaming bundle is analyzed, and highlights from Microsoft Build are shared. Additionally, a list of the hobbies of leaders from major tech companies is provided. Lastly, a discussion on changing neighborhood names, the impact of proposed tariffs on American households, and the most affordable cities to buy homes in the US are all covered in the business section.