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Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 21% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year revenue is expected to come in a range between $987 million and $996 million, higher than the consensus call of $977 million. Apple — Shares shed 3.7% after the iPhone maker reported fiscal second-quarter services revenue of $26.65 billion, while analysts had expected $26.70 billion, according to StreetAccount. This number still…

In the annals of financial history, few institutions have faced the tempests of competition with the steadfast resolve of Grayscale Bitcoin Trust (GBTC). Born in 2013 as a private placement, GBTC pioneered regulated Bitcoin investment, granting investors access to Bitcoin’s (BTC) meteoric rise without the perils of digital wallets or unregulated exchanges.On Jan. 11, 2024, it transitioned into a spot Bitcoin ETF following a landmark victory against the SEC. This marked a pivotal moment with the SEC’s view that ETFs can offer lower expense ratios and enhanced tax efficiency compared to traditional funds. Even still, GBTC’s financial resilience shines, generating $268.5…

In the annals of financial history, few institutions have faced the tempests of competition with the steadfast resolve of Grayscale Bitcoin Trust (GBTC). Born in 2013 as a private placement, GBTC pioneered regulated Bitcoin investment, granting investors access to Bitcoin’s (BTC) meteoric rise without the perils of digital wallets or unregulated exchanges.On Jan. 11, 2024, it transitioned into a spot Bitcoin ETF following a landmark victory against the SEC. This marked a pivotal moment with the SEC’s view that ETFs can offer lower expense ratios and enhanced tax efficiency compared to traditional funds. Even still, GBTC’s financial resilience shines, generating $268.5…

OpenAI says it’ll make changes to the way it updates the AI models that power ChatGPT, following an incident that caused the platform to become overly sycophantic for many users. Last weekend, after OpenAI rolled out a tweaked GPT-4o — the default model powering ChatGPT — users on social media noted that ChatGPT began responding in an overly validating and agreeable way. It quickly became a meme. Users posted screenshots of ChatGPT applauding all sorts of problematic, dangerous decisions and ideas. In a post on X last Sunday, CEO Sam Altman acknowledged the problem and said that OpenAI would work on fixes “ASAP.” On Tuesday, Altman announced the GPT-4o…

Google’s NotebookLM Android and iOS apps are expected to launch on May 20, according to app store listings. The apps are currently available for preorder. Since its launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop. Google is now gearing up to make the service available on the go. NotebookLM is designed to help students, professionals, and researchers better understand complex information through features like smart summaries and the ability to ask questions about documents and other materials. The research assistant also lets you generate AI podcasts, called Audio Overviews, to make it easier…

What if cheating was just…the future of work? That’s the pitch behind Cluely, the viral AI startup that claims its stealthy browser overlay is “undetectable” and can help users bluff their way through everything from job interviews to exams. The company has raised $5.3 million and sparked a wave of backlash from startups building tools to catch cheaters. Cluely’s response? They’ll just build smart glasses or brain chips.  Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff and Anthony Ha are getting into the week’s headlines, including whether Cluely’s viral strategy is genius, gross, or both, and what it…

Slain Harlem man Christopher Jimenez, 36, was gunned down by a teenage shooter due to a street beef among rival drug dealers feuding over territory, prosecutors allege in a newly unveiled criminal complaint. A police officer with the 26th Precinct overheard Jimenez arguing with his 16-year-old killer — a drug dealer known for selling pot — and the teen’s 29-year-old accomplice, Angel Celpa, outside a W. 126th St. deli minutes before the fatal shooting around 5 p.m. on Apr. 17, court documents show. “You can’t sell here,” Celpa allegedly shouted at the victim. “You know what time it is. Today…

Summary Jeremy Renner won’t return for Hawkeye Season 2 due to payment disputes. Hawkeye Season 2 may continue with Hailee Steinfeld as the new lead. Renner’s absence will leave a void in Hawkeye Season 2 that viewers will surely notice. Jeremy Renner’s TV series Hawkeye was well-received. However, its second season is reportedly happening without him. Renner debuted as Clint Barton, aka Hawkeye, in Thor (2011). Barton was recruited by Nick Fury to join S.H.I.E.L.D. due to his exceptional archery skills. Renner has reprised the role in multiple films in the Marvel Cinematic Universe (MCU), including Avengers (2012), Age of…

Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph.Appetite for global risk assets such as Bitcoin (BTC) may take another hit, with analysts from Apollo Global Management predicting a recession by the summer.“Apollo predicting Summer Recession: Sharpest decline in earnings outlook since 2020,” cross-asset analyst Samantha LaDuc wrote in an April 26 X post.The progress on the tariff negotiations may be the most significant factor impacting a potential recession and Bitcoin’s price trajectory, according to Aurelie Barthere, principal…

Jerusalem CNN  —  Wildfires raging near Jerusalem forced evacuations in several areas and led to several major road closures on Wednesday, as firefighters struggle to contain the flames amid dry conditions and high winds. Israel is seeking international assistance to fight the fires, as the defense minister says the country is “in a time of national emergency.” “This is perhaps the largest fire ever in the country,” Jerusalem District Fire Department Commander Shmulik Friedman told reporters on Wednesday afternoon. He warned that winds in excess of 60 miles an hour are expected “in the near future,” dramatically increasing the risk…