Tag: medieval

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Elon Musk's $97.4B Bid for OpenAI: Stalling Non-Profit Conversion and Raising Asset Value

Elon Musk offers $97.4 billion to buy OpenAI, the nonprofit governing the popular AI research lab. OpenAI CEO Sam Altman dismisses the offer, but experts say it could complicate OpenAI's plans to convert to a for-profit company. Musk's bid raises the potential market value of OpenAI's assets and could force the company to raise more capital, diluting the value of existing investors' stakes.

O'Reilly (ORLY) Exceeds Q4 Expectations, but Full-Year Guidance Disappoints

O'Reilly Automotive exceeds Q4 expectations with 6.9% revenue growth, beating estimates. Despite slight EPS miss, the company remains a solid investment with $17.55 billion revenue projection and solid store performance. Explore our full research report for up-to-date analysis on O'Reilly's growth trajectory and valuation.

Thursday Market Fallout: AI Optimism Wanes, Tech Stocks Struggle

US stocks slipped ahead of the open Thursday as AI optimism faded and markets awaited details on President Trump's tariff plans. Nasdaq futures fell 0.5%, with tech stocks struggling. Dow futures were flat, while S&P 500 futures slipped 0.2%. Investors await Trump's speech at Davos for more insight into his trade policy.