The UAE plan: “gradually and thoughtfully increasing production, in line with demand and market conditions” going forward.
Category: Business
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Meta could be getting ready to post its highest revenue growth since 2021
Meta’s outlook and analyst estimates suggest more than 30% revenue growth in Q1.
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Match Group invests $100 million in Grindr rival Sniffies, with future option to acquire the startup
The announcement sent Grindr slipping in after-hours trading.
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Corning sinks after posting underwhelming Q2 guidance, despite Q1 beat
Here’s how Corning, one of the fiber-optic networking stocks that rocketed higher as a result of the AI buildout, did during the first quarter.
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JetBlue reports deeper-than-expected Q1 loss on elevated fuel costs
The carrier delivered its first-quarter earnings report before markets opened on Tuesday.
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Spotify Q2 operating profit outlook disappoints, overshadowing a solid first quarter
The world’s biggest music streaming service reported Q1 earnings before the bell today.
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GM soars after Q1 earnings impress, with automaker boosting full-year guidance
GM became the first of the big three Detroit automakers to report its first-quarter earnings before markets opened on Tuesday.
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Technology stocks suffer after WSJ reports that the OpenAI has missed key revenue and user targets
% . With billions of dollars — and in some cases tens of billions of dollars — worth of contracts with each of those companies, any sign that OpenAI is struggling to reach escape velocity is understandably…
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Google will supply AI models to Pentagon in classified deal, per The Information
The move follows similar government use deals penned by OpenAI and xAI.
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Stocks eke out new record close as traders await Big Tech earnings and peace talk updates
In the absence of further developments for resolving the US-Iran conflict, gains in stocks were muted during today’s trading.
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Memory stocks shine in messy day for markets
Sandisk and Micron hit new record highs in intraday trading.
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Altman: We do “weird” things like building massive data centers so there will be “universal prosperity”
OpenAI’s CEO spelled out the company’s principles for AGI in a blog post.
