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OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports
OpenAI has fallen short of its revenue and user growth targets, raising concerns about funding its data-center costs as it prepares for an IPO.
UAE leaves OPEC and OPEC+ in major blow to global oil producers’ group
The uae has left opec and opec+, weakening the oil exporting groups amid regional tensions and global energy shocks.
Oil prices hit $110 and stocks fall on Iran impasse and AI
Oil prices rose above $110 a barrel amid the stalled Iran conflict, while AI-related tech stocks fell as investors reassessed momentum and earnings season.
S&P 500, Nasdaq, close slightly higher in cautious start to a heavy earnings week
The S&P 500 and Nasdaq posted modest gains in NEW YORK as investors prepare for a heavy earnings week and the Federal Reserve's rate decision.
Oil prices hit two-week high as Iran talks stall and Strait shipments lag
Oil prices climbed to a two-week high as U.S.-Iran peace talks stalled and shipments through the Strait of Hormuz remained limited, tightening global supplies.
Shipping traffic through Hormuz remains muted with no US-Iran deal in sight, data shows
Shipping traffic through the strait of Hormuz remains muted with only seven ships crossing amid stalled talks between the US and Iran.
OpenAI breaks off Microsoft exclusivity to free up path for Amazon, Google deals
OpenAI will no longer grant Microsoft exclusive access to its AI models, enabling partnerships with Amazon and Google cloud platforms.
S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopes
The S&P 500 and Nasdaq closed at record highs driven by a tech stock surge and optimism over potential U.S.-Iran peace talks mediated by Pakistan.
Justice Dept drops investigation into Fed Chair Powell, removing obstacle to Warsh
The justice department has closed its investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Kevin Warsh's confirmation as Fed chair.
Oil volatile as supply worries offset hopes for Iran-US talks
Oil prices fluctuate as supply concerns from the Strait of Hormuz disruption offset hopes for renewed Iran-US peace talks hosted by Pakistan.
