OpenAI’s annualised revenue is approaching $50 billion, the Financial Times reported, citing financial documents shared with investors, falling about $20 billion short of previously reported figures. The discrepancy could temper…
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Intel and AMD shares traded lower on Thursday as a broader selloff in US equities intensified, with surging oil prices and Treasury yields raising concerns about inflation and interest rates.…
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Apple is preparing to expand its presence in the smart home market, with the company set to unveil a new range of devices at an event in New York City…
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Wall Street was rocked on Thursday following a Financial Times report revealing that Starbucks (SBUX) has spent recent months working with advisers to explore a potential takeover of Chipotle Mexican…
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Needham analyst John Todaro trimmed his price target on Applied Digital (APLD) on October 8th even though the AI infrastructure firm reported a blockbuster Q1 last evening. The company more…
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SpaceX SPCX stock fell 2.5% Thursday as investors looked ahead to another major lockup expiration that could increase the supply of shares available for trading. Up to 328.4 million shares…
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PepsiCo shares PEP rose more than 1% on Thursday after the company reported quarterly revenue and earnings above Wall Street expectations, although the beverage and snacks giant lowered its full-year…
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Wall Street is climbing without the consumer. Over three months, the S&P 500 has gained 4.3%, while the consumer staples ETF (XLP) has lost about 4%, and its discretionary counterpart…
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Starbucks has explored a potential takeover of Chipotle Mexican Grill, according to a Financial Times report, in what could become one of the largest deals in the restaurant industry. Starbucks…
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US stocks opened lower on Thursday as a renewed rise in oil prices and Treasury yields weighed on risk appetite, with investors turning their attention towards the upcoming earnings season…