BAT's $31.5B Shock, Menthol Ban Pause & AMD's AI Forecast (+6 more stories)

The Daily Business and Finance Show - Thursday, 7 December 2023 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Tobacco jolt: British American Tobacco writes down $31.5B from value of U.S. brands Menthol cigarettes ban to be delayed - report AMD sinks as it takes wraps off Nvidia competitor, updates AI forecast British American Tobacco is defended by analysts after big U.S. business writeoff U.S. oil prices slide below $70 as gasoline inventories spark fuel demand worries Exxon Mobil CEO says resolution of Guyana dispute likely a couple years away Blackstone Mortgage Trust falls after Carson Block says he's shorting (update) Bristol-Myers Squibb boosts quarterly dividend by 5.3% to 60 cents Nasdaq, S&P, Dow end in the red, dragged down by energy stocks as oil falls below $70 Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices