Advanced Micro Devices (AMD) shares soared after a landmark multi-year supply deal with OpenAI, potentially netting $100 billion in revenue. The stock's technical analysis suggests bullish momentum ahead.
Constellation Brands outperformed expectations in its fiscal Q2 earnings, reporting adjusted earnings of $3.63 per share. However, the company faced challenges with a drop in net sales and reiterated lowered full-year guidance due to macroeconomic issues.
AMD's strategic partnership with OpenAI has sent its stock soaring, with plans to deploy 6 gigawatts of GPUs over the coming years. This collaboration is poised to generate tens of billions in revenue, reshaping the AI landscape.
Microsoft has significantly raised the prices of its Xbox consoles and Game Pass subscription, leading to concerns among gamers about affordability and value. Is this a strategy to boost revenue or will it drive players away?
OpenAI's new Instant Checkout feature allows U.S. ChatGPT users to purchase directly from Etsy sellers, opening new revenue streams and enhancing e-commerce experiences. Learn how this change is affecting merchant sales and stock prices!
President Trump proposes a staggering 100% tariff on overseas films, threatening to disrupt Hollywood's global business model and raise costs for consumers. What does this mean for the future of filmmaking?
Despite selling a majority stake to American investors, TikTok's Chinese parent company, ByteDance, is set to keep around 50% of the profits from its US operations, according to insider sources.
As Russia grapples with a weakening economy and high borrowing costs, central bank officials insist it's not in a recession. With wartime expenditures soaring and a disastrous harvest, experts warn of a potential debt crisis.
In a bold statement, Commerce Secretary Howard Lutnick claims the Supreme Court won't dismantle Trump's tariffs, contrasting Treasury Secretary Bessent's dire warnings about potential refunds. Tune into 'The Axios Show' for insights!
S&P 500 futures rose slightly after Oracle's impressive forecast and cloud revenue surge, while traders await key inflation data that could influence Federal Reserve decisions.
