A softer OpenAI growth read hit the whole AI supply chain A group of AI-linked stocks came under pressure after a report said OpenAI recently missed internal sales and user targets. Oracle and CoreWeave led the decline, while AMD and
Shell is making its biggest reserve move in years Shell Plc (NYSE: SHEL) agreed to acquire ARC Resources (TSX: ARX) for $13.6 billion, marking the company’s biggest deal in more than a decade and one of the largest Canadian oil
Beijing just drew a much harder line around AI ownership China has blocked Meta Platforms’ planned $2 billion acquisition of Manus, the agentic AI startup that had been expected to help Meta strengthen its position in one of the hottest
What Happened The U.S. Department of Energy’s Office of Nuclear Energy says it wants to use the Defense Production Act of 1950 to speed up domestic uranium fuel production and help build more reactors by 2033. The initiative, called “Nuclear
What Happened Intel (INTC) surged after earnings, jumping roughly 22% and pushing above the long-term ceiling it first set during the dot-com era. That is a major technical development because this is not just another short-term pop in a semiconductor
What Happened Warner Bros. Discovery (WBD) shareholders approved the company’s $110 billion sale to Paramount Skydance (PSKY), moving one of the biggest media deals in recent memory another step closer to completion. According to the company, stockholders voted overwhelmingly in
What Happened IBM (IBM) shares dropped more than 10% at the open on Thursday after the company’s latest quarterly results failed to give investors enough confidence that it can outrun the growing pressure AI is putting on legacy software and
What Happened New U.S. government data suggests China entered the Iran war with a much larger strategic oil cushion than the United States, giving Beijing a stronger buffer as global energy markets remain under pressure. According to the figures cited
What Happened The European Union is moving into emergency mode again after another sharp energy shock, this time tied to the Iran war and the disruption it has caused across global oil and gas markets. According to the source, the
What Happened SpaceX said it has reached a deal with AI coding startup Cursor that gives the company the option to acquire the business later this year for $60 billion. Under the arrangement, Cursor can either be bought outright at
A softer OpenAI growth read hit the whole AI supply chain A group of AI-linked
Shell is making its biggest reserve move in years Shell Plc (NYSE: SHEL) agreed to
Beijing just drew a much harder line around AI ownership China has blocked Meta Platforms’
What Happened The U.S. Department of Energy’s Office of Nuclear Energy says it wants to
What Happened Intel (INTC) surged after earnings, jumping roughly 22% and pushing above the long-term
What Happened Warner Bros. Discovery (WBD) shareholders approved the company’s $110 billion sale to Paramount
What Happened IBM (IBM) shares dropped more than 10% at the open on Thursday after
What Happened New U.S. government data suggests China entered the Iran war with a much
What Happened The European Union is moving into emergency mode again after another sharp energy
What Happened SpaceX said it has reached a deal with AI coding startup Cursor that
