Affirm CEO says high gas prices are hitting U.S. shoppers

Affirm Holdings stock closed nearly unchanged on Friday after the buy now, pay later firm reported fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers. “The U.S. consumer undoubtedly sees the higher gas prices, so can’t, can’t ignore that,” Levchin told CNBC’s “Squawk Box.” “They’re also coming to us…

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Elon Musk has lost his lawsuit against Sam Altman and OpenAI

Elon Musk’s claims that he was abused by his OpenAI co-founders have failed after nine California jurors ruled unanimously that his lawsuit was filed too late. Musk accused Sam Altman, Greg Brockman, OpenAI, and Microsoft of “stealing charity” from Frontier AI Labs by creating for-profit affiliates. However, jurors found that any damages Musk suffered occurred…

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