12 hours ago
Four days after OpenAI disclosed that its models had escaped a cyber evaluation and compromised Hugging Face, CEO Sam Altman said humanity had entered science-fiction territory.
"We are now, like, in the singularity. This is the moment."— Sam Altman, July 25 episode of Relentless
Altman did not present the breach as evidence for that claim, but the timing gave his words an uncomfortable real-world backdrop.
OpenAI disabled its production safety classifiers to measure the models' maximum cyber capability. Its July 21 disclosure said they exploited a proxy zero-day, escaped isolation, reached the internet and used stolen credentials and other methods to enter Hugging Face's production systems. They pursued benchmark answers, not a self-selected goal, yet improvised against a live company beyond a boundary their operators expected to hold.
Reuters reported on July 24 that the intrusion ran from July 11 through July 13 and OpenAI took nearly a week after the first escape attempt to connect its test to the breach. Hugging Face had already disclosed it and contacted the FBI. An OpenAI spokeswoman alleged "several inaccuracies" without identifying them. This is not proof that AI has surpassed humanity or begun rewriting itself. It shows agents can sustain complex operations long enough to outrun their controls.
#face #escaped #humanity
"We are now, like, in the singularity. This is the moment."— Sam Altman, July 25 episode of Relentless
Altman did not present the breach as evidence for that claim, but the timing gave his words an uncomfortable real-world backdrop.
OpenAI disabled its production safety classifiers to measure the models' maximum cyber capability. Its July 21 disclosure said they exploited a proxy zero-day, escaped isolation, reached the internet and used stolen credentials and other methods to enter Hugging Face's production systems. They pursued benchmark answers, not a self-selected goal, yet improvised against a live company beyond a boundary their operators expected to hold.
Reuters reported on July 24 that the intrusion ran from July 11 through July 13 and OpenAI took nearly a week after the first escape attempt to connect its test to the breach. Hugging Face had already disclosed it and contacted the FBI. An OpenAI spokeswoman alleged "several inaccuracies" without identifying them. This is not proof that AI has surpassed humanity or begun rewriting itself. It shows agents can sustain complex operations long enough to outrun their controls.
#face #escaped #humanity
1 day ago
First there was "The Indecision" by LeBron James which dragged his free agency decision on for what seemed like three Northeast Ohio pro football seasons, now there is "The Aftermath."
That aftermath includes revelations that James, who signed with the Philadelphia 76ers earlier this week, met with Cleveland Cavaliers ownership, including owner Dan Gilbert, and management including president of basketball operations Koby Altman and ****** istant general manager Brandon Weems in Akron in early July, according to ESPN NBA insider Shams Charania.
#aftermath #including
That aftermath includes revelations that James, who signed with the Philadelphia 76ers earlier this week, met with Cleveland Cavaliers ownership, including owner Dan Gilbert, and management including president of basketball operations Koby Altman and ****** istant general manager Brandon Weems in Akron in early July, according to ESPN NBA insider Shams Charania.
#aftermath #including
1 day ago
OpenAI CEO Sam Altman said AI won't shorten workweeks for most people.
He said that as people become more productive, they will also become more competitive and want to work more.
The alluring shorter workweek was popularized post-COVID, giving workers flexibility in their schedules.
Sam Altman said AI won't usher in the golden age of the four-hour workweek.
In an interview with host Ti Morse on his "Relentless" podcast, released on Saturday, the OpenAI CEO talked about why AI has not led to shorter workweeks for most people.
#altman #workweeks #covid #morse
He said that as people become more productive, they will also become more competitive and want to work more.
The alluring shorter workweek was popularized post-COVID, giving workers flexibility in their schedules.
Sam Altman said AI won't usher in the golden age of the four-hour workweek.
In an interview with host Ti Morse on his "Relentless" podcast, released on Saturday, the OpenAI CEO talked about why AI has not led to shorter workweeks for most people.
#altman #workweeks #covid #morse
2 days ago
The Oregon Ducks men's basketball program has gone through a litany of changes this offseason, with eight incoming transfers replacing eight outgoing transfers. The coaching staff has also experienced its fair share of changes, as long-time Dana Altman ***** istant coach Mike Mennenga departed for Creighton and Brandon Kuhn was hired as the new strength and conditioning coach.
The latest change comes from ***** istant coach Kevin McKenna, who has decided to retire. McKenna has worked on the player development side for the past few seasons, helping develop a trio of Jackson Shelstad, Nate Bittle and Kwame Evans Jr. into All-Big Ten caliber players. He spent 16 seasons at Oregon.
McKenna's basketball career spans back a number of decades, as he was a standout player at Creighton before being selected 88th overall in the fourth round by the Los Angeles Lakers in the 1981 NBA Draft. He spent six seasons in the league with eight different teams before heading into coaching after his playing days concluded.
Thank you, Coach McKenna, for helping lead Oregon to new heights during your 16 seasons on the bench.
Enjoy retirement, K-Mac! #GoDucks pic.twitter.com/Ms0Zkv9PSW
The Minnesota native coached under Altman at Creighton, and held head coaching jobs at Nebraska-Omaha and Indiana State before being hired in 2010 to be an ***** istant coach with the Ducks.
#creighton
The latest change comes from ***** istant coach Kevin McKenna, who has decided to retire. McKenna has worked on the player development side for the past few seasons, helping develop a trio of Jackson Shelstad, Nate Bittle and Kwame Evans Jr. into All-Big Ten caliber players. He spent 16 seasons at Oregon.
McKenna's basketball career spans back a number of decades, as he was a standout player at Creighton before being selected 88th overall in the fourth round by the Los Angeles Lakers in the 1981 NBA Draft. He spent six seasons in the league with eight different teams before heading into coaching after his playing days concluded.
Thank you, Coach McKenna, for helping lead Oregon to new heights during your 16 seasons on the bench.
Enjoy retirement, K-Mac! #GoDucks pic.twitter.com/Ms0Zkv9PSW
The Minnesota native coached under Altman at Creighton, and held head coaching jobs at Nebraska-Omaha and Indiana State before being hired in 2010 to be an ***** istant coach with the Ducks.
#creighton
2 days ago
Four days after OpenAI disclosed that its models had escaped a cyber evaluation and compromised Hugging Face, CEO Sam Altman said humanity had entered science-fiction territory.
"We are now, like, in the singularity. This is the moment."— Sam Altman, July 25 episode of Relentless
Altman did not present the breach as evidence for that claim, but the timing gave his words an uncomfortable real-world backdrop.
OpenAI disabled its production safety classifiers to measure the models' maximum cyber capability. Its July 21 disclosure said they exploited a proxy zero-day, escaped isolation, reached the internet and used stolen credentials and other methods to enter Hugging Face's production systems. They pursued benchmark answers, not a self-selected goal, yet improvised against a live company beyond a boundary their operators expected to hold.
Reuters reported on July 24 that the intrusion ran from July 11 through July 13 and OpenAI took nearly a week after the first escape attempt to connect its test to the breach. Hugging Face had already disclosed it and contacted the FBI. An OpenAI spokeswoman alleged "several inaccuracies" without identifying them. This is not proof that AI has surpassed humanity or begun rewriting itself. It shows agents can sustain complex operations long enough to outrun their controls.
#humanity
"We are now, like, in the singularity. This is the moment."— Sam Altman, July 25 episode of Relentless
Altman did not present the breach as evidence for that claim, but the timing gave his words an uncomfortable real-world backdrop.
OpenAI disabled its production safety classifiers to measure the models' maximum cyber capability. Its July 21 disclosure said they exploited a proxy zero-day, escaped isolation, reached the internet and used stolen credentials and other methods to enter Hugging Face's production systems. They pursued benchmark answers, not a self-selected goal, yet improvised against a live company beyond a boundary their operators expected to hold.
Reuters reported on July 24 that the intrusion ran from July 11 through July 13 and OpenAI took nearly a week after the first escape attempt to connect its test to the breach. Hugging Face had already disclosed it and contacted the FBI. An OpenAI spokeswoman alleged "several inaccuracies" without identifying them. This is not proof that AI has surpassed humanity or begun rewriting itself. It shows agents can sustain complex operations long enough to outrun their controls.
#humanity
2 days ago
South Korean President Lee Jae Myung flew to San Francisco on July 24 for a summit with the most powerful names in artificial intelligence. Jensen Huang was there. Sam Altman was there. The heads of Samsung, SK Group, Hyundai Motor and Naver flew in. By the end of the day, roughly $950 billion in new AI agreements had been signed, and South Korea had positioned itself as the country most central to the next phase of the buildout.
Nvidia (NVDA) is not slowing down its global hunt for AI infrastructure partners. The chipmaker has spent much of 2026 signing deals across Asia, the Middle East and Europe to secure the chips, memory and power it needs to keep building AI systems.
On July 24, that hunt landed squarely on South Korea, with a cluster of new agreements announced within hours of each other.
Nvidia said on July 24 that it has locked down AI memory supply from SK Hynix, South Korea's second most valuable company, CNBC reported. The agreement, unveiled late that evening in San Francisco, could be worth $500 billion over a number of years, and it includes large-scale data centers expected to come online in 2027.
SK Hynix affiliate SK Telecom will build a cloud business using Nvidia's Vera Rubin systems as part of the deal.
#south #agreements #down
Nvidia (NVDA) is not slowing down its global hunt for AI infrastructure partners. The chipmaker has spent much of 2026 signing deals across Asia, the Middle East and Europe to secure the chips, memory and power it needs to keep building AI systems.
On July 24, that hunt landed squarely on South Korea, with a cluster of new agreements announced within hours of each other.
Nvidia said on July 24 that it has locked down AI memory supply from SK Hynix, South Korea's second most valuable company, CNBC reported. The agreement, unveiled late that evening in San Francisco, could be worth $500 billion over a number of years, and it includes large-scale data centers expected to come online in 2027.
SK Hynix affiliate SK Telecom will build a cloud business using Nvidia's Vera Rubin systems as part of the deal.
#south #agreements #down
7 days ago
OpenAI has raised its projected spending on computing infrastructure to around $750 billion through 2030, up from roughly $600 billion earlier this year, according to The Wall Street Journal. New deals with cloud-computing providers are driving the higher figure, as OpenAI continues its push to obtain the vast computing resources its AI models require.
On Wednesday, OpenAI said it would invest $20 billion to begin construction on a data center called Project Camellia in Effingham County, Georgia. Unlike its other facilities, where the company leases chip capacity from providers such as Oracle and Amazon Web Services, the Savannah Gateway Industrial Hub site marks OpenAI's first venture as the principal designer and builder of its own data center.
Sachin Katti, OpenAI's vice president of compute strategy, said the company has contracted with utility Georgia Power to receive 3.2 gigawatts of power between 2028 and 2032. OpenAI has already acquired the land for the project and is in the process of selecting a partner to build and operate the site, Katti said.
The company has also hired Brent Mayo, a key figure in building Elon Musk's xAI data center infrastructure, according to the Journal. After departing xAI earlier this year, Mayo had been instrumental in standing up that company's Colossus supercomputer campus in Memphis, where he managed the rapid procurement and commissioning of large-scale AI chip clusters. In the head of data-center build and delivery role, he will be responsible for keeping cloud partners on track with their construction timelines, while also contributing to the new Georgia facility. Mayo reports to Uday Ruddarraju, who was promoted this month to become OpenAI's chief technology officer of computing capacity.
The $750 billion projection represents the latest escalation in a spending trajectory that has drawn scrutiny inside the company. Chief Financial Officer Sarah Friar has privately raised concerns that OpenAI may not be able to honor future computing contracts if revenue growth does not keep pace with commitments. That came after Chief Executive Sam Altman stated publicly that OpenAI intended to spend $1.4 trillion on computing capacity, a figure that unsettled observers; Friar subsequently stepped in to correct the record, telling investors the actual projected outlay through 2030 was approximately $600 billion.
#computing #center #company
On Wednesday, OpenAI said it would invest $20 billion to begin construction on a data center called Project Camellia in Effingham County, Georgia. Unlike its other facilities, where the company leases chip capacity from providers such as Oracle and Amazon Web Services, the Savannah Gateway Industrial Hub site marks OpenAI's first venture as the principal designer and builder of its own data center.
Sachin Katti, OpenAI's vice president of compute strategy, said the company has contracted with utility Georgia Power to receive 3.2 gigawatts of power between 2028 and 2032. OpenAI has already acquired the land for the project and is in the process of selecting a partner to build and operate the site, Katti said.
The company has also hired Brent Mayo, a key figure in building Elon Musk's xAI data center infrastructure, according to the Journal. After departing xAI earlier this year, Mayo had been instrumental in standing up that company's Colossus supercomputer campus in Memphis, where he managed the rapid procurement and commissioning of large-scale AI chip clusters. In the head of data-center build and delivery role, he will be responsible for keeping cloud partners on track with their construction timelines, while also contributing to the new Georgia facility. Mayo reports to Uday Ruddarraju, who was promoted this month to become OpenAI's chief technology officer of computing capacity.
The $750 billion projection represents the latest escalation in a spending trajectory that has drawn scrutiny inside the company. Chief Financial Officer Sarah Friar has privately raised concerns that OpenAI may not be able to honor future computing contracts if revenue growth does not keep pace with commitments. That came after Chief Executive Sam Altman stated publicly that OpenAI intended to spend $1.4 trillion on computing capacity, a figure that unsettled observers; Friar subsequently stepped in to correct the record, telling investors the actual projected outlay through 2030 was approximately $600 billion.
#computing #center #company
14 days ago
Prominent neocloud company Nebius (NBIS) has inked a billion-dollar agreement with Reflection AI to provide AI compute through 2029. Under the terms of the deal, Reflection AI will gain access to Nebius's capacity of Nvidia's (NVDA) GB300 chips. Although not the latest generation of Nvidia chips (that distinction belongs to the Rubin GPU), the GB300 is a high-performance system built on Blackwell Ultra GPU technology.
The deal would represent annual revenues of about $290 million throughout its tenure if spread evenly. Notably, this would be close to 55% of the company's total revenues in 2025.
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The deal would represent annual revenues of about $290 million throughout its tenure if spread evenly. Notably, this would be close to 55% of the company's total revenues in 2025.
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14 days ago
Santa Clara, California-based Advanced Micro Devices, Inc. (AMD) is a semiconductor company that offers artificial intelligence accelerators, microprocessors, graphics processing units (GPUs), chipsets, and data center and professional GPUs, and more. Valued at a market capitalization of $893.8 billion, the company operates through Data Center, Client and Gaming, and Embedded segments.
AMD is expected to release its Q2 2026 earnings on Tuesday, Aug. 4, after the market closes. Ahead of the event, ******* ysts expect the company's EPS to be $1.34 on a diluted basis, up 396.3% from $0.27 in the year-ago quarter. The company has met or exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
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AMD is expected to release its Q2 2026 earnings on Tuesday, Aug. 4, after the market closes. Ahead of the event, ******* ysts expect the company's EPS to be $1.34 on a diluted basis, up 396.3% from $0.27 in the year-ago quarter. The company has met or exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
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14 days ago
The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.64%. September E-mini S&P futures (ESU26) are up +0.16%, and September E-mini Nasdaq futures (NQU26) are down -0.60%.
Stock indexes are mixed today, with the S&P 500 posting a 1-month high. The broader market garnered support from today's US economic news, which showed that June producer prices rose less than expected and the July Empire manufacturing survey rose more than expected.
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Stock indexes are mixed today, with the S&P 500 posting a 1-month high. The broader market garnered support from today's US economic news, which showed that June producer prices rose less than expected and the July Empire manufacturing survey rose more than expected.
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14 days ago
Artificial intelligence (AI) has undoubtedly been the biggest theme in the stock market over the past few years, with many AI-focused companies delivering spectacular gains. But as the sector matures, investors are beginning to look beyond industry giants like Nvidia Corporation (NVDA) and explore other parts of the AI supply chain that stand to benefit from the next phase of growth. One of the biggest winners from this shift has been Micron Technology (MU), which has enjoyed a stellar rally during the first half of 2026, outperforming many other AI-related stocks that have struggled to maintain their momentum.
The company's strong performance has been fueled by booming demand for its memory and storage chips, which are essential for AI workloads and data centers. At the same time, tight supply has pushed memory prices higher, creating an ideal environment for Micron. Now, the company is back in the spotlight after announcing an investment in Taiwanese wafer manufacturer GlobalWafers to help finance its new wafer fabrication facility in Sherman, Texas. The move is part of Micron's broader strategy to strengthen the United States semiconductor supply chain while supporting its long-term manufacturing expansion.
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The company's strong performance has been fueled by booming demand for its memory and storage chips, which are essential for AI workloads and data centers. At the same time, tight supply has pushed memory prices higher, creating an ideal environment for Micron. Now, the company is back in the spotlight after announcing an investment in Taiwanese wafer manufacturer GlobalWafers to help finance its new wafer fabrication facility in Sherman, Texas. The move is part of Micron's broader strategy to strengthen the United States semiconductor supply chain while supporting its long-term manufacturing expansion.
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14 days ago
Apple (AAPL) is the world's most valuable technology company, founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, and headquartered in Cupertino, California. The company designs, manufactures, and markets a deeply integrated ecosystem of hardware, software, and services spanning iPhone, Mac, iPad, Apple Watch, AirPods, and Apple TV, alongside a high-margin Services portfolio encompassing the App Store, iCloud, Apple Music, Apple TV+, Apple Pay, and AppleCare.
With over 2.5 billion active devices globally, a market capitalization of approximately $4.63 trillion, and an imminent CEO transition from Tim Cook to hardware chief John Ternus, Apple remains the defining benchmark of consumer technology innovation and capital efficiency.
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With over 2.5 billion active devices globally, a market capitalization of approximately $4.63 trillion, and an imminent CEO transition from Tim Cook to hardware chief John Ternus, Apple remains the defining benchmark of consumer technology innovation and capital efficiency.
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14 days ago
September British pound (B6U26) futures present a buying opportunity on more price strength.
See on the daily bar chart for the September British pound futures that prices are in an uptrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up.
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See on the daily bar chart for the September British pound futures that prices are in an uptrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up.
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14 days ago
Artificial intelligence has become the office's newest power tool. But when every employee starts reaching for it, someone eventually has to pay the bill.
Venture capitalist and Social Capital founder Chamath Palihapitiya believes many companies are about to discover just how expensive that bill has become. Speaking to CNBC on July 14, he said executives may have far less visibility into AI spending than they think, thanks to a growing trend known as "tokenmaxxing"—the heavy use of AI models across an organization.
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Venture capitalist and Social Capital founder Chamath Palihapitiya believes many companies are about to discover just how expensive that bill has become. Speaking to CNBC on July 14, he said executives may have far less visibility into AI spending than they think, thanks to a growing trend known as "tokenmaxxing"—the heavy use of AI models across an organization.
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14 days ago
The S&P 500 Index ($SPX) (SPY) today is up +0.23%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.31%. September E-mini S&P futures (ESU26) are up +0.27%, and September E-mini Nasdaq futures (NQU26) are up +0.21%.
Stock indexes are moving higher today, with the S&P 500 posting a 1-month high following today's US economic news, which showed that June producer prices rose less than expected and the July Empire manufacturing survey rose more than expected.
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Stock indexes are moving higher today, with the S&P 500 posting a 1-month high following today's US economic news, which showed that June producer prices rose less than expected and the July Empire manufacturing survey rose more than expected.
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14 days ago
With a market cap of $95.8 billion, Marriott International, Inc. (MAR) is one of the world's leading hospitality companies, operating a diverse portfolio of luxury, premium, select, midscale, extended stay, and all-inclusive brands. As of March 31, 2026, the company manages, franchises, and licenses more than 9,900 properties across 146 countries and territories, supported by its award-winning Marriott Bonvoy® travel platform.
The Bethesda, Maryland-based company is expected to announce its fiscal Q2 2026 results before the market opens on Tuesday, Aug. 4. Ahead of this event, ***** ysts expect Marriott to report an adjusted EPS of $3.03, up 14.3% from $2.65 in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
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The Bethesda, Maryland-based company is expected to announce its fiscal Q2 2026 results before the market opens on Tuesday, Aug. 4. Ahead of this event, ***** ysts expect Marriott to report an adjusted EPS of $3.03, up 14.3% from $2.65 in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
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14 days ago
Living Wall Street legend Warren Buffett confirmed during a CNBC interview on Wednesday, July 15, 2026, that he was the driving force behind Berkshire Hathaway's (BRK.A) (BRK.B) major investment in Alphabet (GOOG) (GOOGL) , the parent company of Google.
The 95-year-old chairman stated plainly that he initiated the investment, putting to rest speculation about whether the decision originated with him or with his successor, new CEO Greg Abel:
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The 95-year-old chairman stated plainly that he initiated the investment, putting to rest speculation about whether the decision originated with him or with his successor, new CEO Greg Abel:
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14 days ago
Intel (INTC) stock has had a wild ride this year, and Wall Street is taking notice. One of the loudest signals just came from KeyBanc Capital Markets, which made a bold call on where the chipmaker is headed next.
The firm's updated price target of $155 is well above its current trading level and suggests that INTC could gain another 45% from here. The new INTC stock price target is a notable increase, and it comes at a time when the company's turnaround story is gaining momentum.
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The firm's updated price target of $155 is well above its current trading level and suggests that INTC could gain another 45% from here. The new INTC stock price target is a notable increase, and it comes at a time when the company's turnaround story is gaining momentum.
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14 days ago
Irving, Texas-based Caterpillar Inc. (CAT) manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. The company has a market capitalization of $429.9 billion and is one of the world's largest manufacturers of the said equipment.
CAT is expected to release its Q2 2026 earnings soon. Ahead of the event, ***** ysts expect the company's EPS to be $6.25 on a diluted basis, up 32.4% from $4.72 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
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CAT is expected to release its Q2 2026 earnings soon. Ahead of the event, ***** ysts expect the company's EPS to be $6.25 on a diluted basis, up 32.4% from $4.72 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
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14 days ago
The much-anticipated listing of SK Hynix (SKHY) witnessed some initial jitters on the back of some profit booking. However, the memory semiconductor company made a strong comeback and popped 27% in yesterday's trading.
Amidst the near-term volatility, SKHY stock is worth accumulating for the medium to long term. For a company on a high-growth trajectory, a trailing-twelve-month price-earnings ratio of 18.3 looks attractive and underscores this view.
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Amidst the near-term volatility, SKHY stock is worth accumulating for the medium to long term. For a company on a high-growth trajectory, a trailing-twelve-month price-earnings ratio of 18.3 looks attractive and underscores this view.
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14 days ago
With a market cap of $39.6 billion, Sysco Corporation (SYY) is the world's largest food-away-from-home distributor, providing food products, equipment, and customized supply chain solutions to restaurants, healthcare facilities, educational institutions, lodging establishments, entertainment venues, and other foodservice customers. Operating 337 distribution centers across 10 countries, it serves approximately 730,000 customer locations with the support of 75,000 colleagues and generated more than $81 billion in sales in fiscal year 2025.
The Houston, Texas-based company is set to announce its fiscal Q4 2026 results before the market opens on Tuesday, Aug. 4. Ahead of this event, ****** ysts expect SYY to report an adjusted EPS of $1.42, up over 2% from $1.48 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
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The Houston, Texas-based company is set to announce its fiscal Q4 2026 results before the market opens on Tuesday, Aug. 4. Ahead of this event, ****** ysts expect SYY to report an adjusted EPS of $1.42, up over 2% from $1.48 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
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14 days ago
Skyworks Solutions, Inc. (SWKS), headquartered in Irvine, California, designs, develops, manufactures, and markets proprietary semiconductor products. Valued at $8.8 billion by market cap, the company provides front-end modules, radio frequency subsystems, and system solutions to wireless handset and infrastructure customers worldwide. The semiconductor giant is expected to announce its fiscal third-quarter earnings for 2026 in the near term.
Ahead of the event, ****** ysts expect SWKS to report a profit of $0.64 per share on a diluted basis, down 37.9% from $1.03 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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Ahead of the event, ****** ysts expect SWKS to report a profit of $0.64 per share on a diluted basis, down 37.9% from $1.03 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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14 days ago
International Flavors & Fragrances Inc. (IFF), headquartered in New York, produces and markets cosmetic active and natural health ingredients for use in various consumer products. Valued at $19.2 billion by market cap, the company flavors and fragrances are individual ingredients and compounds of a large number of ingredients that are blended, mixed, and reacted together to produce proprietary formulas. The leading global creator of flavors and fragrances is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Tuesday, Aug. 4.
Ahead of the event, **** ysts expect IFF to report a profit of $1.13 per share on a diluted basis, down 1.7% from $1.15 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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Ahead of the event, **** ysts expect IFF to report a profit of $1.13 per share on a diluted basis, down 1.7% from $1.15 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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14 days ago
Henry Schein, Inc. (HSIC), headquartered in Melville, New York, provides health care products and services to dental practitioners, laboratories, physician practices, and ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics. Valued at $9.8 billion by market cap, the company provides shop supplies, as well as dental and medical solutions and services to improve operational success and clinical outcomes. The world's largest health care solutions provider is expected to announce its fiscal second-quarter earnings for 2026 in the near future.
Ahead of the event, ******* ysts expect HSIC to report a profit of $1.22 per share on a diluted basis, up 10.9% from $1.10 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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Ahead of the event, ******* ysts expect HSIC to report a profit of $1.22 per share on a diluted basis, up 10.9% from $1.10 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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14 days ago
Regency Centers Corporation (REG), headquartered in Jacksonville, Florida, is a leading real estate investment trust (REIT) that owns, operates, and develops shopping centers located in suburban trade areas with compelling demographics. Valued at $14.6 billion by market cap, the company's portfolio includes properties with highly productive grocers, restaurants, service providers, and leading retailers. The leading retail REIT is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Wednesday, Jul. 29.
Ahead of the event, ****** ysts expect REG to report an FFO of $1.20 per share on a diluted basis, up 3.5% from $1.16 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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Ahead of the event, ****** ysts expect REG to report an FFO of $1.20 per share on a diluted basis, up 3.5% from $1.16 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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14 days ago
Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brands. Valued at $7.5 billion by market cap, TAP produces many beloved and iconic beer brands including Coors Light, Miller Lite, Madri, Staropramen, Miller High Life and Keystone, and more. The brewing giant is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Thursday, Aug. 6.
Ahead of the event, ******* ysts expect TAP to report a profit of $1.52 per share on a diluted basis, down 25.9% from $2.05 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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Ahead of the event, ******* ysts expect TAP to report a profit of $1.52 per share on a diluted basis, down 25.9% from $2.05 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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With a market cap of $228.1 billion, Arista Networks, Inc. (ANET) develops and delivers data-driven networking solutions for AI, cloud, data center, campus, and routing environments, serving customers across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. It offers its Extensible Operating System (EOS), cloud and AI networking products, cognitive network software and services, and customer support solutions to industries including finance, healthcare, government, manufacturing, and media.
The Santa Clara, California-based company is slated to announce its fiscal Q2 2026 results after the market closes on Tuesday, Aug. 4. Ahead of this event, ***** ysts expect ANET to report an adjusted EPS of $0.79, a 17.9% increase from $0.67 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters.
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The Santa Clara, California-based company is slated to announce its fiscal Q2 2026 results after the market closes on Tuesday, Aug. 4. Ahead of this event, ***** ysts expect ANET to report an adjusted EPS of $0.79, a 17.9% increase from $0.67 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters.
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18 days ago
SpaceX CEO Elon Musk and OpenAI CEO Sam Altman are fighting again.
The two AI leaders went at it on social media after an Apple lawsuit against OpenAI became public.
Musk and Altman's troubled relationship dates back to when they cofounded OpenAI in 2015.
It's Altman vs. Musk yet again.
OpenAI CEO Sam Altman says the recent bout of attention he's received from ***** eX CEO Elon Musk must mean his company is doing good work.
The two AI leaders went at it on social media after an Apple lawsuit against OpenAI became public.
Musk and Altman's troubled relationship dates back to when they cofounded OpenAI in 2015.
It's Altman vs. Musk yet again.
OpenAI CEO Sam Altman says the recent bout of attention he's received from ***** eX CEO Elon Musk must mean his company is doing good work.
18 days ago
When Apple sued OpenAI on July 10 for allegedly stealing its hardware secrets, it handed Elon Musk a fresh reason to go after Sam Altman — and this time the two billionaires' feud is playing out over companies that everyday investors can now actually own.
Musk, an OpenAI co-founder-turned-rival who runs the newly public ***** eX and its xAI unit, pounced almost immediately. He resurfaced a post branding Altman "Scam Altman" (1) and added that Altman takes scamming to a whole new level. In a separate jab tied to Apple's complaint, Musk accused Altman of graduating from "stealing an open source AI charity" (2) to trying to steal all of Apple's phone technology.
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Musk, an OpenAI co-founder-turned-rival who runs the newly public ***** eX and its xAI unit, pounced almost immediately. He resurfaced a post branding Altman "Scam Altman" (1) and added that Altman takes scamming to a whole new level. In a separate jab tied to Apple's complaint, Musk accused Altman of graduating from "stealing an open source AI charity" (2) to trying to steal all of Apple's phone technology.
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19 days ago
July 9 (Reuters) - OpenAI's CEO of AGI deployment Fidji Simo said on Thursday she will step down from her full-time role and pivot to a part-time advisory position at the ChatGPT maker, following an extended medical leave for a neuroimmune condition.
"Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I've lived with for seven years. During that time, it became clear that the road to recovery would be much longer and more complex than I had anticipated - and that I needed to focus on it fully," Simo said in a post on X.
Simo, previously chief executive of Instacart and the head of the Facebook app at Meta, was among the three directors that joined OpenAI's board in March 2024 after Sam Altman returned as CEO.
"I am really sad about this and very grateful for all Fidji has done for OpenAI, and even grateful for her friendship and who she is as a person," Altman said in an X post.
Simo's exit from the senior role also comes as OpenAI gears up to go public amid insatiable demand for the technology.
"Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I've lived with for seven years. During that time, it became clear that the road to recovery would be much longer and more complex than I had anticipated - and that I needed to focus on it fully," Simo said in a post on X.
Simo, previously chief executive of Instacart and the head of the Facebook app at Meta, was among the three directors that joined OpenAI's board in March 2024 after Sam Altman returned as CEO.
"I am really sad about this and very grateful for all Fidji has done for OpenAI, and even grateful for her friendship and who she is as a person," Altman said in an X post.
Simo's exit from the senior role also comes as OpenAI gears up to go public amid insatiable demand for the technology.
