Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.
OpenAI CEO Sam Altman says new AI model is taking a while because ‘we can’t ship’ as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company’s next probable large AI model, likely won’t come this year.
Microsoft’s stock has worst day in two years after disappointing forecast
Microsoft’s stock fell more than 6% on Thursday after guidance fell short of analysts’ estimates.
OpenAI launches ChatGPT search, competing with Google and Microsoft
OpenAI on Thursday launched ChatGPT search, positioning the company to better compete with search engines like Google, Microsoft’s Bing and Perplexity.
Ford to halt production of electric F-150 Lightning next month until January
Ford plans to halt production of the F-150 Lightning until January to address high inventories and reduce losses of the all-electric pickup trucks.
Amazon shares pop on earnings beat, cloud growth
The company’s cloud and advertising units showed strong growth.
Boeing strike will dent last jobs report before election
Some 44,000 U.S. workers, most at Boeing, were on strike during the jobs report tally, according to the U.S. Labor Department.
Starbucks’ plan to return to its roots involves 200,000 Sharpies
Starbucks CEO Brian Niccol is betting that more personal touches in its cafes will win back customers.
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks is planning to bring back Sharpies and ceramic mugs and cut back its menu.
How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.
