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CNBC - Business
Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a "giant equity stake" in the company.7 minutes ago -
MarketWatch - Business
Costco’s stock slips as quarterly sales come up short and fee hike won’t immediately lift revenue
Shares of Costco Wholesale Corp. slipped after hours, after the membership warehouse retailer reported sales trends that came up shy of Wall Street’s estimates.45 minutes ago -
The New York Times - Business
Andy Litinsky and Wes Moss Have Unloaded Their Trump Media Stock
Two former “Apprentice” contestants who helped found Truth Social have sold their nearly 6 percent stake in Trump Media & Technology Group.1 hour ago - Donald Trump -
MarketWatch - Business
Alphabet’s stock has never been this cheap relative to Meta’s. How to play that.
A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks.2 hours ago -
MarketWatch - Business
These key indicators say the S&P 500 will continue its hot streak
The S&P 500 looks solid, while new highs on the NYSE continue to swamp new lows.2 hours ago -
The Guardian - World
Newsmax and Smartmatic settle 2020 US election defamation lawsuit
Pair reach agreement days before case, filed after rightwing network aired false voter claims, was due to go to trial. The voting machine company Smartmatic and the conservative outlet Newsmax have ...2 hours ago -
MarketWatch - Business
Higher corporate taxes sinking the S&P 500 isn’t investors’ biggest worry
About half of large U.S. corporations don’t pay any income tax in an average year3 hours ago -
CNBC - Business
Super Micro shares tumble 12% after DOJ reportedly opens probe into company
Super Micro shares tumbled Thursday after a report that the Department of Justice opened a probe into the company.3 hours ago -
MarketWatch - Business
This company had $1 billion in quarterly AI bookings — and it’s not a chip maker
Accenture’s stock rallied toward a six-month high Thursday, after the management consultant got back to beating earnings expectations and continued to tout itself as a play on the boom in ...3 hours ago -
MarketWatch - Business
A port strike would be ill-timed, but disruption could boost these companies
A strike at U.S. East Coast and Gulf ports would be ill-timed for the holiday season and could cause a spike in rail congestion, but the disruption could spell opportunities for some companies.3 hours ago -
CNBC - Business
How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
Less than a year after CEO Sam Altman's brief ouster rattled OpenAI, the board is mulling a for-profit structure, and three high-profile employees are leaving.4 hours ago