Musk vs. Altman: the $150B lawsuit that could derail the AI IPO of the century
One is the public face of the artificial intelligence boom. The other is the world’s richest man, a leading force behind the electric vehicle revolution and a self-styled futurist. Now, Sam Altman and Elon Musk are locked in a high-stakes legal
Chevron Q1 beats EPS estimates, shares slip 1% on profit weakness
Elevated oil prices, partially linked to the US-Israeli war on Iran, helped Chevron top Wall Street's first-quarter earnings estimates on Friday, driven by strong results from its upstream business. The company significantly surpassed expectations, reporting adjusted earnings of $1.41 per share,
Nvidia stock is in the red, back below $200: can it rebound?
Shares of Nvidia declined in early trading on Friday, slipping below the closely watched $200 level after a sharp drop in the previous session. The move comes as investor concerns about rising competition overshadow strong demand signals from artificial intelligence spending. The
Dow rises 180 points as earnings boost stocks, oil eases but risks linger
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions and oil market volatility. The Dow Jones Industrial Average rose about
ExxonMobil earnings mixed as conflict costs weigh; shares slips
Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company's revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives. The
Why Tesla stock is up around 1% today
Shares of Tesla edged higher in early trading on Friday, extending modest gains after the stock posted its first monthly advance of the year. However, investor sentiment remained constrained by slow progress in its artificial intelligence initiatives. The stock was up
Rivian stock drops 5%: is Amazon reliance a growing risk?
Shares of Rivian Automotive, Inc. fell sharply on Friday after the release of its latest quarterly results. Investors shifted focus away from improving fundamentals toward the company’s growing reliance on a single customer and the uncertain ramp-up of its next-generation