Eagle Point Capital, an investment firm, released its “Spring 2026 Portfolio Update” investor letter. A copy of the letter can be downloaded here. The firm reported a resilient performance for the ...

Chegg’s dramatic collapse shows how generative AI disrupted its paid model, slashed traffic, and erased billions in value, turning a $14.7 billion leader nearly irrelevant.

If you invested $100 into Chegg in 2021, you’d have less than a dollar to show for it today, thanks to LLMs like ChatGPT.

Once the darling of Wall Street, Chegg is a cautionary tale of what happens when AI makes your entire business model obsolete overnight.

The online textbook and homework help company has seen its stock price crater since the pandemic and the rise of ChatGPT. Reading time 3 minutes Chegg is sort of on its last dying breath at this point ...

Students are using ChatGPT more than ever — and ChatGPT knows it. Last week, OpenAI launched "study mode" in its chatbot, aimed directly at the student market. It's meant to behave more like a tutor ...