Inside Big Tech's Frantic Race to Quell the Growing Backlash to AI
Tech companies are holding listening sessions, offering guaranteed jobs and writing big checks to win public support for the data centers they need.
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OpenAI's Second-Quarter Sales Show Tepid Growth Compared With Anthropic
The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter.
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Cerebras's stock has been a post-IPO bust. Its comeback hinges on this new chip.
Cerebras is betting that its specialized chips will outpace traditional graphics processing units as AI agents become more widespread.
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JBS Proposes to Acquire Remaining Stake in Pilgrim's Pride
JBS, the world's largest meatpacker, currently owns about 82% of Pilgrim's Pride's common stock.
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Pivotal Child Safety Trial That Could Change Instagram Starts in California
The case, brought by four state attorneys general, alleges that Meta violated state consumer protection laws and federal rules that protect children online.
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Target Stock Has Surged This Year. Earnings Will Test the Comeback.
Target shares have surged more than 50% since the start of the year, though they remain far below their pandemic-era highs.
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Apple to Change Terms for App Developers to Appease EU's Antitrust Officials
Apple seeks to end a yearslong antitrust dispute over how the tech company manages its devices and App Store that included a $579 million fine.
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Kalshi Readies Perpetual Futures Tied to Stock Indexes
Traders on the platform will be able to take leveraged long or short positions on stock indexes.
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KKR Makes $9 Billion Takeover Bid for Natural-Gas and Electricity Distributor
Pennsylvania-based UGI's shares are little changed over the past year.
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Toll Brothers Records Lower Sales as Home Deliveries Decline
The company's home sales declined to $2.65 billion as it delivered 2,662 homes in the quarter, down from 2,959 a year ago.
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Disney Sues FCC Over License Review, Says Government Trying to Quash Free Speech
The agency has launched probes into DEI practices and equal-time rules in the wake of criticism of President Trump by ABC's Jimmy Kimmel and "The View."
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Goldman Sachs to Buy Real-Estate Investment Firm for Up to $410 Million
LCN Capital Partners specializes in sale-leaseback transactions and manages about $3 billion in assets.
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Klarna Shares Tumble on Lower Outlook, CFO Search
The payments company tempered its outlook for the year, even as it swung to a profit and logged higher revenue in the second quarter.
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Home Depot Posts Higher Sales, Backs Outlook
Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot's sales higher and giving the company confidence to back its full-year outlook.
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La-Z-Boy Swings to First-Quarter Loss From Declining Sales
The furniture maker's sales slid 3% to $475.7 million, missing analyst forecasts for a gain to $501 million.