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Sam Altman, co-founder and C.E.O. of OpenAI, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images After months of C-suite changes, tender offers and a soaring valuation, OpenAI has reached a new milestone: 300 million weekly … Read more
Check out the companies making headlines in midday trading. JetBlue Airways — The airline said it sees a smaller decline in its full-year revenue guidance than it originally expected, according to a regulatory filing . Higher-than-anticipated bookings in November and December resulted in JetBlue boosting its forecast. Shares surged 8%. Roku — Shares jumped 11% … Read more
Paul Atkins, founder and chief executive officer of Patomak Global Partners LLC, speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 1, 2017. David Paul Morris | Bloomberg | Getty Images President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to … Read more
SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming … Read more
President-elect Donald Trump ‘s tariff strategy could hurt two key apparel companies, according to Goldman Sachs. The former president announced late last month that he vows to impose 25% tariffs on all goods from Mexico and Canada, as well as an additional 10% tariff on Chinese goods. With that, Goldman sees Canada Goose and Kontoor … Read more
Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Shares of Salesforce popped more than 8% Wednesday, a day after the company reported third-quarter results that exceeded analysts’ estimates for revenue and guidance and showed strong … Read more
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images President-elect Donald Trump on Wednesday … Read more
Damircudic | E+ | Getty Images More federal student loan borrowers have been able to get their debt discharged in bankruptcy over the last few years, thanks to new guidance that the Biden administration has issued. That more lenient policy may be at risk when President-elect Donald Trump enters the White House in January, experts … Read more
Yuichiro Chino | Moment | Getty Images Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players. The Technology Select Sector SPDR Fund (XLK) advanced 1.5%, rallying for its fourth straight day since mid-October and knocking out its previous high touched … Read more
Dexcom (DXCM) , a leader in continuous glucose monitoring (CGM) systems, has positioned itself as a standout in the medical device space by leveraging innovation to maintain dominance despite rising competition. The company’s investments in digital health platforms and integration with consumer brands further solidify its competitive advantage. Investors are starting to pay attention to … Read more