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Microsoft and OpenAI dueling over artificial general intelligence, The Information reports
Market Updates

Microsoft and OpenAI dueling over artificial general intelligence, The Information reports

(Reuters) -Microsoft and OpenAI are at odds over a contractual provision related to artificial general intelligence, The Information reported on Wednesday. Under the current terms, when OpenAI achieve...

  • June 25, 2025 04:35 PM PDT
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Stock market today: Dow, S&P 500, Nasdaq futures edge up as Trump looks forward to Powell's replacement
Market Updates

Stock market today: Dow, S&P 500, Nasdaq futures edge up as Trump looks forward to Powell's replacement

US stock futures edged up as President Trump talked up his search for a successor to Federal Reserve Chair Jerome Powell. Futures attached to the Dow Jones Industrial Average (YM=F), and the benchmark...

  • June 25, 2025 04:33 PM PDT
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Mamdani lead in New York mayoral Democratic primary leaves businesses on edge
Market Updates

Mamdani lead in New York mayoral Democratic primary leaves businesses on edge

NEW YORK (Reuters) -Business leaders in New York City voiced concerns on Wednesday, following progressive Democrat Zohran Mamdani’s likely victory in the city’s hotly contested primary for mayor the d...

  • June 25, 2025 04:05 PM PDT
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OpenAI, Microsoft Rift Hinges on How Smart AI Can Get
Market Updates

OpenAI, Microsoft Rift Hinges on How Smart AI Can Get

Silicon Valley is at odds over whether AI can reach and exceed humanlike intelligence, a milestone with major implications for the startup and technology giant’s partnership. Continue Reading View Com...

  • June 25, 2025 03:54 PM PDT
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Micron forecasts revenue above estimates on AI-driven memory chip demand
Market Updates

Micron forecasts revenue above estimates on AI-driven memory chip demand

(Reuters) -Micron Technology forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its memory chips used for artificial intelligence hardware in data c...

  • June 25, 2025 03:45 PM PDT
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US announces policy changes for offshore mineral development
Market Updates

US announces policy changes for offshore mineral development

(Reuters) -U.S. President Donald Trump’s administration on Wednesday announced policy changes it said would speed up the search and development of offshore critical minerals. The Bureau of Ocean Energ...

  • June 25, 2025 03:30 PM PDT
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Nvidia, Tech Stocks Keep the Momentum Going
Market Updates

Nvidia, Tech Stocks Keep the Momentum Going

Tech stocks showed continued strength Wednesday, with Nvidia gaining 4.3% to notch its first record close since early January. The AI-chip maker also retook the title of largest company by market size...

  • June 25, 2025 03:30 PM PDT
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Kewaunee Scientific Non-GAAP EPS of $1.95, revenue of $77.15M
Market Updates

Kewaunee Scientific Non-GAAP EPS of $1.95, revenue of $77.15M

* Kewaunee Scientific press release [https://seekingalpha.com/pr/20148455-kewaunee-scientific-reports-results-for-fiscal-year-and-fourth-quarter] (NASDAQ:KEQU [https://seekingalpha.com/symbol/KEQU]):...

  • June 25, 2025 03:24 PM PDT
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HP enterprise stock initiated at sector weight by KeyBanc
Market Updates

HP enterprise stock initiated at sector weight by KeyBanc

Investing.com - KeyBanc initiated coverage on HP (NYSE:HPQ) Enterprise (NYSE:HPE) with a Sector Weight rating on Wednesday. The company, currently trading at $18.52, shows a P/E ratio of 17.9x and mai...

  • June 25, 2025 03:22 PM PDT
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FHFA’s Pulte Orders Fannie, Freddie to Consider Crypto as Mortgage Asset
Market Updates

FHFA’s Pulte Orders Fannie, Freddie to Consider Crypto as Mortgage Asset

Fannie Mae and Freddie Mac were also directed to consider additional risk mitigants, including adjustments for market volatility. Continue Reading View Comments

  • June 25, 2025 03:20 PM PDT
  • EODHD