Investors are growing nervous about the huge spending bills that tech giants are amassing to pay for their bets on artificial intelligence.
Category: Company Reports
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U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business:That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
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Volkswagen ‘Must Act Quickly’ After Largest Loss in Over a Decade
The New York Times – Business:The German carmaker warned that it “must act quickly and decisively” to cut costs.
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Tesla Profit Slumps as Elon Musk’s Car Company Considers Merging With SpaceX
The New York Times – Business:The carmaker, which is controlled by Elon Musk and is considering merging with another of his companies, SpaceX, spent heavily on artificial intelligence and other new technologies.
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SpaceX Swings to a Profit, Even as A.I. Spending Soars
The New York Times – Business:Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.
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SpaceX Swings to a Profit, Even as A.I. Spending Soars
The New York Times – Business:Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.
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Investors in Anticipation Over Musk’s Next Big SpaceX Deal
The New York Times – Business:Ahead of SpaceX’s quarterly earnings report, many on Wall Street are wondering whether Elon Musk will combine it with Tesla.
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Stocks Tumble as Concerns Over Inflation and A.I. Investments Grow
The New York Times – Business:The S&P 500 fell 1.1 percent on Wednesday, the steepest drop in more than two months.