A humorous look at the companies that caught our eye, for better or worse, this week
Sure, artificial intelligence could eventually destroy humanity. All the more reason to enjoy the gobs of money it’s making for people right now. Shares of Microsoft surged to a record high after JPMorgan hiked its price target on the company – a major investor in ChatGPT developer OpenAI – to US$350 from US$315, citing growth in the AI space.
05-billion purchase, along with institutional partners, of Duke Energy Renewables – one of the largest operators of wind farms in the United States. The deal for Duke’s division – which also owns solar and battery storage assets – will be financed by a US$650-million equity offering, which was priced at roughly a 4 per cent discount to the previous close for Brookfield Renewable’s units and shares. Maybe the stock is just winded.
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