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UnitedHealth, BofA report Q4 earnings beats: Morning Buzz
The Fly

UnitedHealth, BofA report Q4 earnings beats: Morning Buzz

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  • Google (GOOGL) CEO Sundar Pichai told employees recently that he believes the company’s Gemini AI technology has surpassed the capabilities of rivals and he wants the chatbot built on it to be used by 500M people by the end of 2025, WSJ reports
  • Meta (META) may have to “roll back or pause” some features in India after a directive from the Competition Commission of India banned WhatsApp data sharing with Meta for ad purposes, Reuters says
  • Apple’s (AAPL) annual shipments to China declined 17% in 2024, Reuters says
  • Blackstone (BX) has tapped financial advisers to assist it in exploring the sale of music rights, including the catalogue of Bob Dylan, Adele, and Ariana Grande, Bloomberg reports
  • BP (BP) CEO Murray Auchincloss told staff the company is cutting 4,700 positions internally and 3,000 contractor roles, Bloomberg reports

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Near midday, the Dow was up 0.05%, or 23.53, to 43,245.08, the Nasdaq was down 0.32%, or 61.79, to 19,449.44, and the S&P 500 was up 0.06%, or 3.33, to 5,953.24.

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