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Behind the Deal That Took Disney From AI Skeptic to OpenAI Investor
WSJ· 2025-12-12 02:07
Core Insights - Disney has entered into a partnership with OpenAI to enable users to create AI-generated videos featuring characters from its popular franchises such as Marvel and Star Wars [1] Group 1 - The collaboration aims to enhance user engagement by allowing fans to interact with beloved characters in a new and innovative way [1] - This move reflects Disney's strategy to leverage cutting-edge technology to stay competitive in the entertainment industry [1] - The deal signifies a growing trend of integrating AI into content creation, which could reshape how media is produced and consumed [1]
Oil Rises, Aided by IEA's Forecasts for Smaller Surplus in 2025, 2026
WSJ· 2025-12-12 01:30
Oil prices rose after the International Energy Agency cut its forecasts, but CIMB Securities said prices remain volatile, with Brent crude oil hovering in a range of $60 a barrel-$65 a barrel and weekly 4%-7% price swings that continue to signal heightened uncertainty. ...
Renaissance Explores Tweak to Trading Models After Meme-Stock Volatility
WSJ· 2025-12-12 01:00
Core Insights - Two funds at a quantitative trading pioneer experienced their worst performance ever in October [1] Group 1 - The funds faced significant losses, marking a historical low for the firm [1] - October was particularly challenging for quantitative trading strategies, reflecting broader market volatility [1]
Trump Signs Executive Order to Curtail State AI Laws
WSJ· 2025-12-12 00:12
Core Point - The U.S. Justice Department is set to implement a federal standard for AI regulations, allowing it to penalize states with restrictive rules [1] Group 1 - The order aims to unify AI regulations across the United States under a single federal standard [1] - States with rules considered overly restrictive for AI will face potential penalties from the Justice Department [1]
Hope for More Rate Cuts Is Tempting Buyers Back to Bonds
WSJ· 2025-12-12 00:00
Treasury yields have fallen since the Fed's decision, and the Dow Jones Industrial Average hit a record Thursday. ...
Gold Steady, Underpinned by Dollar's Weakness
WSJ· 2025-12-11 23:40
Gold was steady in the early Asian session, underpinned by dollar weakness that typically makes the precious metal cheaper for potential buyers holding nondollar currencies. ...
Broadcom Reports $18 Billion in Revenue as AI Chip Sales Climb
WSJ· 2025-12-11 21:39
The chip designer posted nearly twice as much net profit in the fourth quarter as it did a year earlier. ...
Lululemon's Chief Executive Calvin McDonald to Depart Next Month
WSJ· 2025-12-11 21:06
The athletic gear maker has been under pressure from its founder to make changes to reverse its "loss of cool.†...
The Federal Reserve's board of governors voted unanimously to reappoint 11 reserve bank presidents to new five-year terms beginning March 1, 2026
WSJ· 2025-12-11 21:00
The reappointment process had always been an under-the-radar administrative process that didn't attract attention—that is until this year. ...