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Like professional wrestling, the reality of AI doesn't match the perception. Revenues are low and profits are nonexistent. OpenAI lost $5 billion in 2024 on revenues of $3.5 billion, while Anthropic ...
Shares of Axogen fell more than 15% in premarket trading Monday after the U.S. Food and Drug Administration extended by three months its review of the proposed transition of the company's Avance nerve ...
The pipeline will transport up to 2.5 billion cubic feet per day of natural gas, sourced from the Permian Basin in West Texas, through roughly 450 miles to Katy, a city just west of Houston. Write to ...
Powell Highlights Job Market Worries, Opening Path to Rate Cut Trump's Pressure Campaign on the Fed Casts Shadow Over Jackson Hole Gathering Fed Officials Erase Old Policy That Tolerated Higher ...
Dow Jones Top Energy Headlines at 7 AM ET: Orsted Shares Tumble After Stop-Work Order on Revolution Wind Project | Sasol ... Shares tumbled after the U.S. government ordered it to stop work on a key ...
Dow Jones Top Financial Services Headlines at 7 AM ET: UniCredit Raises Physical Stake in Commerzbank to 26% | How ... The Italian group will convert its remaining synthetic position in due course, to ...
Dow Jones Top Company Headlines at 7 AM ET: America's Newest Auto Plant Is Full of Robots. It Still Needs the Human Touch. | Keurig ... America's Newest Auto Plant Is Full of Robots. It Still Needs ...
U.S. stock futures slip following Friday's Fed-fueled rally U.S. stock-market futures declined Sunday, after stocks rallied Friday on fresh hopes of a September rate cut by the Fed. After 9 months on ...
Canadian technology and consulting company CGI landed a multi-year contract to modernize Texas' central accounting system, replacing the state's legacy Uniform Statewide Accounting System, Texas ...
The Chinese owner of bargain-shopping app Temu reported lower quarterly profit on a single-digit growth in revenue as tariffs and increased support for domestic merchants weighed on its profitability.
The Interior Department's Bureau of Ocean Energy Management on Friday ordered Orsted to stop all activities on the Revolution Wind project, a joint venture with Global Infrastructure Partner's Skyborn ...
Few assets were rewarded as much as beleaguered U.S. small-caps, with the Russell 2000 RUT surging 4% on Friday.