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Elon Musk's court battle against OpenAI enters homestretch
Reuters114d agoneutral
Elon Musk's court battle against OpenAI enters homestretch

A trial that may shape the future of OpenAI enters its final stages on Thursday, as lawyers for Elon Musk try to convince a jury to hold the ChatGPT maker's leaders responsible for transforming the ‌nonprofit into a vehicle to enrich themselves. Closing arguments are scheduled in the Oakland, California, federal court in Musk's lawsuit against OpenAI and its CEO, ‌Sam Altman. Musk is suing OpenAI and Altman for breach of charitable trust and unjust enrichment, accusing them of "stealing a charity" by straying from OpenAI's founding mission to build safe AI that would benefit ​humanity.

These Are the Industries Most Affected by Tariffs
24/7 Wall St.114d agoneutral
These Are the Industries Most Affected by Tariffs

Tariffs affect a wide range of industries, from traditional manufacturing to modern AI development. Consumers and small businesses will feel the impact through higher costs for physical goods and digital services. The shift toward domestic production often carries a “compute tax” and increased infrastructure expenses. Also: Discover “The Next NVIDIA” Tariffs remain a ... These Are the Industries Most Affected by Tariffs

Bitdeer Technologies Group Q1 Earnings Call Highlights
MarketBeat114d agoneutral
Bitdeer Technologies Group Q1 Earnings Call Highlights

Bitdeer Technologies Group (NASDAQ:BTDR) reported sharply higher first-quarter revenue as its Bitcoin mining output expanded, while management emphasized a broader push into AI cloud services and large-scale data center colocation. On the company’s first-quarter 2026 earnings call, Chief Strategy O

Why the Cerebras IPO is a huge deal for the AI chip game
Yahoo Finance Video114d agoneutralVIDEO
Why the Cerebras IPO is a huge deal for the AI chip game

Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know, including how OpenAI (OPAI.PVT) fits into the picture.

President of NYSE Among Business Leaders in Beijing
The Wall Street Journal114d agoneutral
President of NYSE Among Business Leaders in Beijing

Lynn Martin, the president of New York Stock Exchange Group, is also part of the group of business leaders traveling with President Trump. The group includes tech, banking and other industry leaders, such as Elon Musk, Apple’s Tim Cook and Nvidia’s Jensen Huang.

Interactive Brokers Expands Prediction-Market Offerings
The Wall Street Journal114d agoneutral
Interactive Brokers Expands Prediction-Market Offerings

Interactive Brokers is launching a platform where users can place yes-or-no bets through Kalshi, CME Group and its own ForecastEx, a boost to prediction markets’ efforts to woo institutional investors. The online brokerage’s users, which include both individuals and institutions, will be able to access the platform to trade contracts related to elections, climate and the economy. Interactive Brokers currently doesn’t plan to list contracts it deems unrelated to those topics, such as those tied to sports and pop culture, according to the company.

CNBC Owner Versant’s Stock Regains Lost Ground
The Wall Street Journal114d agoneutral
CNBC Owner Versant’s Stock Regains Lost Ground

Shares in Versant Media rose to as high as $45 a share premarket, putting the stock within breathing distance of its initial opening price of $45.17 a share. In its second quarterly report since its spinoff from Comcast in January, Versant reported lower revenue and profit, but did better than Wall Street expected, prompting shares to rally as much as 15% ahead of the opening bell. Shares in Versant, which is home to got cable networks including CNBC, MS NOW and E!, got off to a rocky start after listing on the Nasdaq, dropping as low as $27.42 in February before they started to claw their way back up.

Treasury Yields Cool Down as Trump Meets Xi
Barrons.com114d agoneutral
Treasury Yields Cool Down as Trump Meets Xi

Demand for Treasuries picks up overnight, and yields fall, as President Trump meets with China's Xi Jinping amid U.S. inflation jitters. Weekly jobless claims stay with a long-standing range, rising to 211,000 from a downwardly revised 199,000.