In a recent podcast, OpenAI's Sam Altman defended the company's ambitious $1.4 trillion financial commitments amid skepticism about their revenue growth. With major AI deals and high expectations, Altman is confident about future profits but acknowledges risks.
Berkshire Hathaway reported a stunning 34% rise in operating profit, reaching $13.485 billion, while cash reserves hit a new record. Despite market fluctuations, Buffett's strategic decisions continue to shape the future.
Five tech giants just proved that the AI megatrend is alive and well, with strong earnings and ambitious spending plans, despite fears of a bubble. Discover how their investments are shaping the future.
In a rare public display, billionaires Huang, Lee, and Chung shared a meal at Kkanbu Chicken, triggering a viral sensation and a stock market surge for chicken companies. The dinner coincided with Huang's announcement of Nvidia's major investment in South Korea's tech sector.
Apple's latest earnings call reveals mixed results as iPhone revenue missed estimates, but the company is ramping up AI investments and anticipates strong growth in the holiday quarter. Will this lead to a comeback?
Nvidia has made headlines by becoming the first company to surpass a $5 trillion market value amid a booming AI sector. CEO Jensen Huang discusses future revenue expectations, while notable figures like Cramer and Starbucks' CEO weigh in.
Amazon's stock skyrocketed over 10% after reporting impressive Q3 earnings, surpassing analyst expectations with a 33% increase in adjusted earnings per share and a 20% growth in AWS sales. CEO Andy Jassy highlights strong momentum driven by AI.
Eli Lilly's stock surged 3.9% after an outstanding Q3 earnings report, surpassing analysts' expectations with $7.02 per share and $17.6 billion in sales. The company raised its yearly guidance, signaling strong growth potential.
Meta's shares dropped over 12% due to a staggering $16 billion tax charge, marking its biggest loss in years. Meanwhile, Microsoft and Alphabet reported mixed quarterly results, with Alphabet hitting a record revenue.
Discover the hidden truths about investing in securities! This article reveals crucial information that every investor should know before making financial decisions. Don't miss out!
