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Marco Quiroz-Gutierrez

Marco Quiroz-Gutierrez

Fortune

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Elon Musk is ratcheting up his attacks on his old partner Sam Altman, calling him ‘Swindly Sam’ and OpenAI a ‘market-paralyzing gorgon’

Altman’s tense relationship with Musk could complicate his and his company's access to Trump’s administration.

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Fortune

Marco Quiroz-Gutierrez

Banks don’t want to inspect your home office, so they’re forcing hundreds of employees to come in five days a week

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

previous day 20

Fortune

Marco Quiroz-Gutierrez

Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space

Sun outbid six others for the iconic work.

21.11.2024 6

Fortune

Marco Quiroz-Gutierrez

Ark’s Cathie Wood lets retail investors bet on Elon Musk’s private startups and potentially  profit from his proximity to Trump

The fund has 15% exposure to Musk’s private companies.

21.11.2024 20

Fortune

Marco Quiroz-Gutierrez

Rene Magritte painting ‘Empire of Light’ nets auction record of $121 million at Christie’s in New York

"Empire of Light" was part of the private collection of Mica Ertegun, an interior designer who fled communist Romania to settle in the U.S. where she...

20.11.2024 20

Fortune

Marco Quiroz-Gutierrez

Here’s how escalating Russia tensions could impact markets and supply chains, according to experts

The conflict could affect natural resources used in the production of semiconductors.

20.11.2024 10

Fortune

Marco Quiroz-Gutierrez

Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over

Only about 10% of the world’s semiconductors are manufactured in the U.S.

16.11.2024 30

Fortune

Marco Quiroz-Gutierrez

Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say

Musk seems to favor pulling up the ladder that he used to climb the auto industry.

15.11.2024 10

Fortune

Marco Quiroz-Gutierrez

Nelson Peltz Says he connected Elon Musk with Donald Trump — ‘I was a matchmaker’

Trump has joked that Musk won’t leave.

14.11.2024 20

Fortune

Marco Quiroz-Gutierrez

Trump’s Department of Government Efficiency will ironically require two men to run it

Also, it’s not a new government agency, this will basically just be an outside consulting gig.

14.11.2024 6

Fortune

Marco Quiroz-Gutierrez

Trump calls for investigation into possible ‘illegal’ rumors saying he wants to sell his Trump Media shares

Trump’s shares in the company are worth about $3.5 billion.

12.11.2024 5

Fortune

Marco Quiroz-Gutierrez

Trump vowed to oust SEC Chairman Gary Gensler, and these crypto advocates could take his place

While Trump in July promised to fire Gensler on day one of his second administration, he technically can’t remove Gensler (without cause) until his...

10.11.2024 10

Fortune

Marco Quiroz-Gutierrez

Fed Chair Powell says he would not leave even if Trump asked him to

Trump has said he should have a say in setting interest rates.

08.11.2024 5

Fortune

Marco Quiroz-Gutierrez

Sam Altman may have dropped millions of dollars—and OpenAI shares—to buy a single URL

OpenAI acquired the domain from the cofounder of CRM platform HubSpot.

07.11.2024 5

Fortune

Marco Quiroz-Gutierrez

Amazon’s Andy Jassy denies its 5-day-a-week RTO plan is a secret way to reduce headcount

Jassy insists the move is about strengthening company culture.

06.11.2024 6

Fortune

Marco Quiroz-Gutierrez

At 56, the average U.S. homebuyer is now 7 years older than a year ago—shutting millennials out of the market

The ages of typical, repeat, and first-time buyers were all at record highs, according to a survey from the National Association of Realtors.

05.11.2024 2

Fortune

Marco Quiroz-Gutierrez

Donald Trump thinks he should be able to influence Fed rates—here’s what history and the law say

“It could be used to boost up the legacy of one president, only to destroy the economy in the future,” said Jamie Cox, managing partner at Harris...

05.11.2024 10

Fortune

Marco Quiroz-Gutierrez

Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon

The company’s cash and short-term treasuries now outweigh the market value of its equities.

04.11.2024 10

Fortune

Marco Quiroz-Gutierrez

The French ‘whale’ who made massive pro-Trump bets is only doing it for the money and could win $80 million, report says

The trader told the Wall Street Journal he has no political agenda and that he thinks polls are understating Trump’s election odds.

02.11.2024 20

Fortune

Marco Quiroz-Gutierrez

Goldman Sachs says reaching net zero will cost $75 trillion—more than two times U.S. GDP

The goals of the 2016 Paris Agreement are slipping out of reach, Goldman wrote.

01.11.2024 6

Fortune

Marco Quiroz-Gutierrez

Chipotle tried to beef up its portions—then it hurt profitability

The burrito-bowl chain said it would make up the investment in more rice and pico de gallo with efficiencies in its supply chain.

01.11.2024 10

Fortune

Marco Quiroz-Gutierrez

Starbucks says you’re not going to get your highly customized drink order anymore—you’ll get what you’re given

Starbucks new CEO Brian Niccol wants to bring back the chain’s “coffee house vibe.”

31.10.2024 8

Fortune

Marco Quiroz-Gutierrez

Shark Tank star Kevin O’Leary supports Elon Musk’s plan to gut government spending by $2 trillion with Trump’s blessing—’release the hounds’

The TV investor said Musk should cut even more than the trillions he has proposed.

31.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Elon Musk says there’s a 10% to 20% that AI ‘goes bad,’ even while he raises billions for his own startup xAI

The Tesla CEO said AI is a “significant existential threat."

30.10.2024 5

Fortune

Marco Quiroz-Gutierrez

Billionaire Ken Griffin says ‘the expectation today is that Donald Trump will win the White House’

Trump and Vice President Kamala Harris are in a dead heat with one week until Election Day.

30.10.2024 10

Fortune

Marco Quiroz-Gutierrez

With the election still too close to call, Trump says tech CEOs are reaching out to him

Behind closed doors, executives worry about Trump retaliating against his perceived enemies in the business world.

29.10.2024 10

Fortune

Marco Quiroz-Gutierrez

A French whale has bet $45 million on a Trump win so far. Who is this person?

The trader has made hundreds of gambles in favor of Trump and against Kamala Harris.

26.10.2024 10

Fortune

Marco Quiroz-Gutierrez

American Airlines CEO is clearly exasperated when asked about Boeing—‘I look forward to the day when they’re not just a distraction’

Robert Isom has been one of Boeing’s loudest critics this year.

25.10.2024 8

Fortune

Marco Quiroz-Gutierrez

Elon Musk just announced the death of driving

Musk says in the future all of Tesla’s cars will be fully autonomous–no steering wheels or pedals.

25.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Tesla now says cheaper cars are on the horizon—including possibly the rumored Model 2—after reportedly scrapping its plans for a $25,000 vehicle earlier this year

The company had long promised “an even more affordable car” after the Model S and Model 3.

24.10.2024 7

Fortune

Marco Quiroz-Gutierrez

Ford’s CEO has been driving a competitor’s car for 6 months—and doesn’t want to give it up

Jim Farley previously said Chinese EVs are Ford’s biggest competitors.

24.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Apple CEO Tim Cook didn’t know you could name group chats on your iPhone

Cook has been CEO of Apple for more than a decade.

23.10.2024 3

Fortune

Marco Quiroz-Gutierrez

World’s richest man Elon Musk says people should relax about the costs and just have kids: ‘It’ll work out’

Musk has long said that people should have more babies to prevent population decline.

22.10.2024 10

Fortune

Marco Quiroz-Gutierrez

The S&P 500’s decade of eye-popping returns is over, and a new era of low returns is on the horizon, Goldman analysts say

The stock market boasted a 13% annualized total return during the past decade.

21.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Billionaire Mark Cuban bashes Trump’s proposed tariffs as a ‘tax on everybody’ at Harris rally

Economists have said across the board tariffs would increase costs for American households.

18.10.2024 5

Fortune

Marco Quiroz-Gutierrez

Salesforce CEO Marc Benioff blasts rival Microsoft’s AI ‘disappointing’ Copilot: ‘It just doesn’t work’

Benioff has attacked Copilot for months as he promotes Salesforce’s own AI product.

17.10.2024 8

Fortune

Marco Quiroz-Gutierrez

GM CEO Mary Barra says China’s hyper-competitive EV market is a ‘race to the bottom’

GM’s EV deliveries jumped by 60% year-over-year in the third quarter.

17.10.2024 9

Fortune

Marco Quiroz-Gutierrez

Elon Musk’s net worth plummeted by $15 billion after revealing the Tesla Cybercab

Tesla’s stock fell nearly 10% following the announcement last week.

15.10.2024 7

Fortune

Marco Quiroz-Gutierrez

The Boar’s Head deli company is so secretive that a top executive didn’t know the name of the CEO

Three owners steer the company from the background.

14.10.2024 1

Fortune

Marco Quiroz-Gutierrez

France’s president doesn’t want to lose ‘Emily in Paris’ to Rome—’We will fight hard’

Rome’s mayor shot back at Macron, telling him to focus on more pressing issues.

12.10.2024 20

Fortune

Marco Quiroz-Gutierrez

Microsoft CEO Satya Nadella calls two CEOs a day—here’s what he asks

Nadella uses these calls to expand his network.

11.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Inside the Fed’s big rate cut decision, where officials were divided more than you’d think

Prior to September, the Fed had not cut rates since March 2020.

11.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Bombshell report claims Roblox is ‘pedophile hellscape’

The company’s stock fell as much as 9% following the report.

09.10.2024 10

Fortune

Marco Quiroz-Gutierrez

The S&P 500 will jump 10% over the next year to 6,300, Goldman Sachs says

The index has rallied 20% so far this year.

07.10.2024 9

Fortune

Marco Quiroz-Gutierrez

How Mark Zuckerberg gained more wealth than anyone else this year to become the world’s second-richest person

The Meta CEO is now only behind Elon Musk for the title of world’s richest person.

04.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Here’s what’s impacted as the dockworker strike halts US ports

The strike could affect the import of several commodities like bananas.

03.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Hurricane Helene shuts down critical mines, endangering AI chip supply

The two mines provide high-purity quartz for semiconductors.

02.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Mark Cuban warns Elon Musk that Donald Trump will betray him in his moment of need—‘his loyalty is only to himself’

Musk has said he would accept a position in a future Trump administration.

01.10.2024 10

Fortune

Marco Quiroz-Gutierrez

Sam Altman denies reports he will get a gargantuan equity stake in OpenAI as it restructures

Altman said there are “no current plans” to give him equity in the company.

27.09.2024 4

Fortune

Marco Quiroz-Gutierrez

Only one person is left from this iconic photo of the OpenAI leadership team

CEO Sam Altman said in a post that OpenAI is "not a normal company."

27.09.2024 8

Fortune

Marco Quiroz-Gutierrez

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