Browsing Category
Energy
OpenAI’s GPT-5 is gaining where it matters most: Enterprise
Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT.Now, three years later, he's chasing where the real money is: Enterprise.Last week's rollout of GPT-5, OpenAI's newest artificial intelligence model, was rocky. Critics…
Why the oil market believes Trump will back down from Russian oil tariffs
FILE PHOTO: Crude oil tanker Nevskiy Prospect, owned by Russia's leading tanker group Sovcomflot, transits the Bosphorus in Istanbul, Turkey September 6, 2020. Yoruk Isik | ReutersThe oil market is shrugging off President Donald Trump's…
Tesla launches bid to supply electricity to UK households
A photo shows the logo on US electric carmaker Tesla's European headquarters in Amsterdam on May 2, 2025. Ramon Van Flymen | Afp | Getty ImagesElon Musk's electric vehicle manufacturer and energy company Tesla is preparing to supply…
Lithium stocks surge after Chinese mine suspends production
Sopa Images | Lightrocket | Getty ImagesLithium stocks surged Monday on reports that battery maker Contemporary Amperex Technology, CATL, suspended production at a mine in China that plays a key role in supplying the global market.Shares…
Block (XYZ) Q2 2025 earnings report
Block shares jumped 6% in extended trading on Thursday after the fintech company increased its forecast for the year.Here is how the company did, compared to analysts' consensus estimates from LSEG.Earnings per share: 62 cents adjusted…
Gold futures trade off highs as White House to issue clarification on
Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest…
Government-backed MP Materials rises as loss narrows on record rare earth
A dump truck moves raw ore inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S., on Friday, June 7, 2019. Joe Buglewicz | Bloomberg | Getty ImagesMP Materials' stock rose Friday after the…
OpenAI talks with investors about share sale at $500 billion valuation
OpenAI is in talks with investors about a potential stock sale at a valuation of roughly $500 billion, according to two sources with knowledge of the matter.The talks are in early stages and would involve a secondary sale with shares…
Trump trade deal energy export wins at odds with tanker ship reality
A liquefied natural gas tanker is tugged toward a thermal power station in Futtsu, east of Tokyo.Issei Kato | ReutersThe Trump administration is touting commitments by foreign nations for future large purchases of U.S. energy as part of…
OpenAI releases lower-cost models to rival Meta, Mistral and DeepSeek
OpenAI on Tuesday released two open-weight language models for the first time since it rolled out GPT-2 in 2019.The text-only models are called gpt-oss-120b and gpt-oss-20b, and are designed to serve as lower-cost options that…