OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part of a $40 billion round announced in March. The round will reopen on Monday, July 28, according to one of the sources, who has direct knowledge of the fundraising effort. The $40 billion round announced earlier this …
Read More »GM Stock Falls After It Reports a $1.1 Billion Hit From Tariffs Barron’s G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling MarketWatch GM Is Built to Weather This Policy Storm Bloomberg GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May AP …
Read More »GM Profit Shrinks After $1.1 Billion Tariff Hit The Wall Street Journal GM’s latest tariff hit: $1.1 billion CNN G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times GM says Trump tariffs knocked $1.1bn off its operating income last quarter theguardian.com General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling MarketWatch Source link
Read More »GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs Bloomberg.com G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times Trump tariffs take a $1 billion bite out of GM earnings; shares fall MSN GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure CNBC GM’s core profit slides in second quarter as Trump’s tariffs bite Yahoo Finance …
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The office building of international biopharmaceutical company AstraZeneca. Cfoto | Future Publishing | Getty Images AstraZeneca on Monday said it plans to invest $50 billion in bolstering its U.S. manufacturing and research capabilities by 2030, becoming the latest pharmaceutical firm to ramp up its stateside spending in the wake of U.S. trade tariffs. The Anglo-Swedish biotech company, which is headquartered …
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In brief Trump Media announced on Monday that it had purchased $2 billion in Bitcoin. The publicly traded firm unveiled its Bitcoin acquisition strategy in May. Shares of Trump Media are up roughly 6% following the announcement. Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury, the company said Monday in …
Read More »Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges. The automaker anticipates an impact of about 300 million euros for net tariffs incurred, and also expects planned production losses related to implementing its …
Read More »May James/SOPA Images/LightRocket via Getty Images 2025-07-21T18:07:24Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Trump Media and …
Read More »Figma’s IPO Seeks $13 Billion Valuation in Latest Tech Debut Barron’s Figma CEO incentives show company’s high ambitions Axios Figma’s IPO seeks a $13 billion valuation, with a bitcoin investment as a sweetener MarketWatch Figma aims at $16.4 billion valuation as tech IPOs bounce back Reuters Figma IPO could value design software maker at $16 billion CNBC Source link
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In brief The Ether Machine is debuting on the Nasdaq with a $1.5 billion stash of Ethereum. The company plans to leverage staking and decentralized finance. At 400,000 Ethereum, the company’s holdings would be the largest among entities that have joined a so-called Strategic Ethereum Reserve. Another firm dedicated to generating Ethereum is making its Nasdaq debut, starting with a …
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