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Chegg Inc

Generative AI big year meant profit for Nvidia, experiments elsewhere

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023.Dustin Chambers | Bloomberg | Getty ImagesOpenAI CEO Sam Altman has admitted that he was surprised by the popularity of ChatGPT, which was released as a research project a little more than a year ago. His team had spent an entire meeting debating whether it was worth even opening up the chatbot to the public.As it turns out, OpenAI's decision to launch ChatGPT in November 2022 became the defining moment for generative…

ChatGPT’s AI to power Chegg study buddy as educators wrestle with tech

FILE - The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, on March 21, 2023, in Boston.The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc. The US educational software maker has combined its corpus of quiz answers with the chatbot's AI model known as GPT-4 to create CheggMate, a study aide tailored to students, CEO Dan Rosensweig told Reuters last week. "It's a…

chegg: ChatGPT’s AI to power Chegg study buddy as educators wrestle with tech

The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc .The US educational software maker has combined its corpus of quiz answers with the chatbot's AI model known as GPT-4 to create CheggMate, a study aide tailored to students, CEO Dan Rosensweig told Reuters last week."It's a tutor in your pocket," he said ahead of its announcement of CheggMate on Monday. The software will adapt to students by processing data on what…

Roblox, Discover, Chegg and more

A man photographs a Roblox banner displayed, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021.Brendan McDermid | ReutersCheck out the companies making headlines in premarket trading.Roblox — Roblox shares fell 6.7% after Morgan Stanley downgraded the gaming company to underweight from equal weight and said the upside is limited following the stock's recent outperformance.related investing newsDiscover — The online bank lost 7.3% despite beating…

Microsoft, Moderna, Mobileye, Chegg and more

Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016.Charles Platiau | ReutersCheck out the companies making headlines in midday trading.J.B. Hunt Transport Services — The transportation stock jumped nearly 5% after executives said on an earnings call that they expect to see the freight market rebound in second quarter going into third quarter as inventory resets. The company reported fourth-quarter results fell short of analysts' expectations on both top and bottom lines,…

Cramer’s lightning round: Gentex is a buy

Chegg Inc: "I don't know what to make of Chegg. ... To me, it seems like the bulls are going to win on this stock."Moderna Inc: "I think that stock has now come down enough. I would want to own Moderna. I do like Pfizer more."ONEOK Inc: "Keep it. ... I think that's a fantastic stock."Gentex Corp: "I'm going to say buy Gentex. I'm starting to warm up to autos." Chegg Inc: "I don't know what to make of Chegg. ... To me, it seems like the bulls are going to win on this stock."Moderna Inc: "I think that stock has now come…

Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell:Turning Point Therapeutics (TPTX) – The biopharmaceutical company's shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments.Lululemon (LULU) – Lululemon shares rose 1% in premarket trading after the athletic apparel and leisurewear maker reported a better-than-expected quarter and raised its full-year forecast. Lululemon beat…