OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.
Stocks bounce back from Fed selloff, Nasdaq snaps 6-day losing streak
Investors were digesting megacap tech earnings and the Federal Reserve’s decision to hold rates steady.
Here are the last times the Dow dropped by 1,000 points and what happened next
After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.
Here are the last times the Dow dropped by 1,000 points and what happened next
After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.
Here are the five big takeaways from this week’s Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
Divided Fed holds interest rates steady, but three members voted to hike
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
Stocks making the biggest moves midday: Caterpillar, Vertiv, SoFi Technologies, AMD & more
Here are some of the companies making headlines in midday trading.
Sam Altman to meet with White House’s Wiles this week ahead of AI framework deadline
OpenAI CEO Sam Altman is meeting with a range of senior Trump administration officials, lawmakers and economists.
Apple shares just hit a record. Here’s how trader Mike Khouw is playing the move
Even as broader tech names and momentum plays have faltered, Apple has hit new all-time highs.
DoorDash launches in-house drone delivery program after FAA certification
The move marks the food-delivery company’s push into autonomous delivery, reducing reliance on human couriers.
