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Yahoo
39 minutes ago
- Yahoo
Constellation Energy's deal with Meta, Dollar General guidance
Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including Constellation Energy's (CEG) 20-year deal to provide Meta Platforms (META) with power from its clean nuclear energy plant and discount retailer Dollar General (DG) raising its full-year guidance alongside its strong first quarter results. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. US stocks trading in the green after bouncing off lows. The major averages seeing losses in early trading after the OECD cut its US and global growth forecast, citing the potential impact of tariffs. Investors now hoping for updates on potential US trade deals as soon as tomorrow. Meantime, shares of Constellation Energy rising as Meta signs a 20-year agreement to buy its nuclear power from to fuel its AI ambitions. Meta will begin buying from Constellation's struggling Illinois plant in June of 2027. And Dollar General shares pushing higher after the discount retailer topped estimates in Q1, reporting strong same-store sales growth and lifting its full-year guidance. Dollar General CEO saying the company is uniquely positioned to serve customers in the current economic backdrop. The company still warning of the potential impact of tariffs. That's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
40 minutes ago
- Washington Post
Disney laying off several hundred employees worldwide
The Walt Disney Co. is laying off several hundred employees worldwide as the entertainment giant looks to trim some costs and adapt to evolving industry conditions. A Disney spokesperson confirmed the action on Tuesday. The exact number of jobs being cut is unknown, but layoffs will occur across several divisions, including television and film marketing, TV publicity, casting and development, and corporate financial operations.
New York Post
an hour ago
- New York Post
AI recruiting is all the rage — as employers hand the screening of new hires over to robots: ‘Seemed insane'
It's the rise of the robo-recruiters. Employers are turning to artificial intelligence to screen potential new human hires. AI recruiting software is increasingly subbing in for actual people during preliminary interviews — with a fake person quizzing candidates and inquiring about their skills, before delivering their findings to managers. Replacing recruiters with AI technology to screen new hires is becoming popular with employers. Jacob Lund – 'A year ago this idea seemed insane,' Arsham Ghahramani, co-founder and chief executive officer of Toronto-based AI recruiting startup Ribbon, told Bloomberg. 'Now it's quite normalized.' Companies say the goal is to ultimately make the interview process more efficient and accessible for candidates — without needing human recruiters to be online all day. For employers, particularly those hiring at high volume, the switch can save hundreds of hours of manpower per week. For others who've seen a dramatic rise in candidates employing AI to answer interview questions, they're simply meeting the market where it's at. Canadian nonprofit Propel Impact, a social impact investing organization, said the rise of the use of ChatGPT for application materials had become widespread. 'They were all the same,' Cheralyn Chok, Propel's co-founder and executive director, told Bloomberg. 'Same syntax, same patterns.' Recruiters at companies hiring at high volumes can spend hundreds of hours a week screening candidates. Atstock Productions – The shift comes as a majority of Americans polled last year by Consumer Reports said that they were uncomfortable with the use of AI in high-stakes decisions about their lives. The implementation of using AI to interact with job candidates on screen has been in the works for years at this point, according to Bloomberg. 'The first year ChatGPT came out, recruiters weren't really down for this,' HeyMilo CEO Sabashan Ragavan said. 'But the technology has gotten a lot better as time has gone on.' But with all things tech, it's not always 100% glitch-free. Some TikTok users have posted their experiences with AI recruiters, with one in particular going viral when her interviewer at a Stretch Lab in Ohio malfunctioned and repeated the phrase 'vertical bar pilates' 14 times in 25 seconds. 'I thought it was really creepy and I was freaked out,' she told 404 Media in a recent interview about the AI interviewer, powered by startup Apriora. 'I didn't find it funny at all until I had posted it on TikTok, and the comments made me feel better.' Aaron Wang, Apriora's co-founder and CEO, claimed that the error was due to the model misreading the term 'Pilates,' Bloomberg reported. 'We're not going to get it right every single time,' he said. 'The incident rate is well under 0.001%.'
