Remy Cointreau CEO to Leave Group
The company said Wednesday that Vallat would leave in the summer to dedicate himself to a new professional project.
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Yahoo
4 hours ago
- Yahoo
Duolingo's rollercoaster week highlights a crucial risk factor to companies: Chart of the Week
New AI capabilities can mean instant reversals of fortune. Something that the language-learning platform Duolingo learned this week, on the receiving end of that novel dynamic. After the company posted a fantastic quarter, fueling a 30% stock surge, a stroke of bad luck saw it get jolted. It just so happened that OpenAI debuted its latest model, GPT-5, which demonstrated, among many other things, its ability to create a language-learning tool from a short prompt. OpenAI researcher Yann Dubois asked the model to create an app to help his partner learn French. And in a few minutes GTP-5 churned out several iterations, with flashcards, a progress tracker, and even a simple snake-style game with a French twist, a mouse and cheese variation to learn new vocab. Sign up for the Yahoo Finance Morning Brief By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy The GPT-5 debut instantly wiped out a big chunk of Duolingo's gains, cutting the 30% gains in half. But the downward momentum continued Friday, with the stock sinking 4% to end the week. C'est la vie. The company's corporate lawyers, of course, did warn against this in its annual 10-K, albeit in boilerplate language. Tucked into the risk factors section, Duolingo notes, "It is possible that a new product could gain rapid scale at the expense of existing brands through harnessing a new technology (such as generative AI)." Consider this another warning to anyone making software. There's also irony in the wild swings. Part of Duolingo's successful quarter stemmed from the business's efficient use of AI. Gross margins, the company said, outperformed management expectations due to lower AI costs. And AI conversational features have become part of the company's learning tools, helping achieve double-digit subscriber growth. Earlier this year, CEO Luis von Ahn shared a memo on LinkedIn outlining his vision to make Duolingo an "AI-first" company. But the enthusiasm for AI, which led to the initial stock bump this week, also led to the clawback. AI giveth and taketh away. Duolingo's roller-coaster ride highlights the risks of competing in the space. Rapid development and fierce competition can leave firms suddenly behind — perceived as under threat, inferior, or obsolete —from every iteration of OpenAI's models and from the moves of other influential AI players vying to transform computing and productivity. OpenAI's new flagship technology arrives more than two years after the release of GPT-4. But the onset of software on demand, of allowing people to conjure up apps using a few words and without any coding know-how, underscores why AI hardware companies are also such a hot play on Wall Street. Firms building out AI infrastructure are seen as even more desirable than cheaper-to-invest-in software companies. You can't just vibe code the construction of a data center. But to be fair to Duolingo, and to my mother-in-law, a high school French teacher, you can't exactly do that with language learning either. Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza on X @hshaban.
Yahoo
5 hours ago
- Yahoo
Duolingo's rollercoaster week highlights a crucial risk factor to companies: Chart of the Week
New AI capabilities can mean instant reversals of fortune. Something that the language-learning platform Duolingo learned this week, on the receiving end of that novel dynamic. After the company posted a fantastic quarter, fueling a 30% stock surge, a stroke of bad luck saw it get jolted. It just so happened that OpenAI debuted its latest model, GPT-5, which demonstrated, among many other things, its ability to create a language-learning tool from a short prompt. OpenAI researcher Yann Dubois asked the model to create an app to help his partner learn French. And in a few minutes GTP-5 churned out several iterations, with flashcards, a progress tracker, and even a simple snake-style game with a French twist, a mouse and cheese variation to learn new vocab. Sign up for the Yahoo Finance Morning Brief By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy The GPT-5 debut instantly wiped out a big chunk of Duolingo's gains, cutting the 30% gains in half. But the downward momentum continued Friday, with the stock sinking 4% to end the week. C'est la vie. The company's corporate lawyers, of course, did warn against this in its annual 10-K, albeit in boilerplate language. Tucked into the risk factors section, Duolingo notes, "It is possible that a new product could gain rapid scale at the expense of existing brands through harnessing a new technology (such as generative AI)." Consider this another warning to anyone making software. There's also irony in the wild swings. Part of Duolingo's successful quarter stemmed from the business's efficient use of AI. Gross margins, the company said, outperformed management expectations due to lower AI costs. And AI conversational features have become part of the company's learning tools, helping achieve double-digit subscriber growth. Earlier this year, CEO Luis von Ahn shared a memo on LinkedIn outlining his vision to make Duolingo an "AI-first" company. But the enthusiasm for AI, which led to the initial stock bump this week, also led to the clawback. AI giveth and taketh away. Duolingo's roller-coaster ride highlights the risks of competing in the space. Rapid development and fierce competition can leave firms suddenly behind — perceived as under threat, inferior, or obsolete —from every iteration of OpenAI's models and from the moves of other influential AI players vying to transform computing and productivity. OpenAI's new flagship technology arrives more than two years after the release of GPT-4. But the onset of software on demand, of allowing people to conjure up apps using a few words and without any coding know-how, underscores why AI hardware companies are also such a hot play on Wall Street. Firms building out AI infrastructure are seen as even more desirable than cheaper-to-invest-in software companies. You can't just vibe code the construction of a data center. But to be fair to Duolingo, and to my mother-in-law, a high school French teacher, you can't exactly do that with language learning either. Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza on X @hshaban. 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
Business Upturn
a day ago
- Business Upturn
Al Nassr begin the process to sign Bayern's forward Kingsley Coman
Kingsley Coman who is expected to leave Bayern Munich this summer has been approached by Al Nassr recently. By Ravi Kumar Jha Published on August 8, 2025, 19:13 IST Kingsley Coman who is expected to leave Bayern Munich this summer has been approached by Al Nassr recently. The talks have begin and the club have contacted. After Inigo Martinez, and João Félix, Coman could be a name who can be switched to Al Nassr this summer. The negotiations have started between the clubs. Bayern Munich winger Kingsley Coman is edging closer to a summer exit, with Saudi Pro League side Al Nassr emerging as the latest club to express strong interest. According to recent reports, the Riyadh-based outfit has already approached the French international, initiating talks over a potential transfer. Negotiations between Bayern Munich and Al Nassr have reportedly begun, as the Saudi side looks to strengthen their squad ahead of next season. If the deal materializes, Coman could follow in the footsteps of other high-profile stars making the switch to Saudi Arabia. This move would mark another significant signing for Al Nassr, who have already been linked with Barcelona duo Iñigo Martínez and João Félix in recent weeks. Coman, known for his pace, dribbling, and ability to deliver in big matches, could bring a fresh attacking edge to the Cristiano Ronaldo-led side. Ahmedabad Plane Crash Al NassrBayern MunichDavid OrnsteinFabrizio RomanoFootballKingsley coman Ravi kumar jha is an undergraduate student in Bachelor of Arts in Multimedia and Mass Communication. A media enthusiast who has a strong hold on communication and he also has a genuine interest in sports. Ravi is currently working as a journalist at
