Dow Jones Top Company Headlines at 3 PM ET: OpenAI Unveils GPT-5, Its Latest and Most Powerful Model, After Two-Year Wait | GM ...
OpenAI Unveils GPT-5, Its Latest and Most Powerful Model, After Two-Year Wait
CEO Sam Altman said using the chatbot will be like talking with a doctorate-level expert in any topic.
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GM Will Import EV Batteries From China's CATL Despite Tariffs
The two-year stopgap move will power Chevy's most affordable electric car until its venture with an LG unit can increase U.S. production.
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Warner Bros. Discovery Tops Revenue Estimates, Swings to Profit
The media and entertainment company posted net income of $1.58 billion, or 63 cents a share, for the second quarter, as revenue edged up to $9.81 billion from $9.71 billion.
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Eli Lilly Shares Slide as Weight-Loss Pill Results Dent Enthusiasm
The drugmaker reported less-than-stellar results of a new study of an experimental anti-obesity pill that is expected to become a blockbuster.
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Space Company Firefly's Stock Zooms in Wall Street Debut
The Texas-based space company sold more than 19 million shares in its initial public offering, raising $868 million.
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ConocoPhillips Posts Lower Earnings as Oil Prices Fall
ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly offset by higher production.
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Burger King-Owner Restaurant Brands Profit Squeezed by Higher Costs
Burger King-owner Restaurant Brands International reported a lower second-quarter profit as the company faced higher commodity costs and restaurant expenses.
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Trump Calls on Intel CEO to Resign Over China Ties
The president appeared to be referencing Lip-Bu Tan's past business dealings in China, which Sen. Tom Cotton called out in a letter to the company's board.
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Peloton Swings to Profit But Sees Sales Decline
Peloton Interactive swung to a fiscal fourth-quarter profit but warned that sales of its exercise machines and digital subscriptions are set to decline further in 2025.
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Ralph Lauren Net Up as Company Boosts FY26 Sales View
Ralph Lauren's fiscal first-quarter net income rose sharply and the designer label boosted its sales projection for the fiscal year.
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Crocs Shares Pummeled After Guiding For Sales Decline
Crocs saw sales jump from a year earlier with its namesake brand continuing to provide top-line support.
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Krispy Kreme Loss Widens on Impairments While Sales Fall
Krispy Kreme recorded a bigger loss in the second quarter after writing down multiple operating segments, along with lower sales.
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Disney's Thriving Parks Are Buying It Time to Figure Out Streaming
Parks and cruises are helping, but companywide profit margins are still well below the cable bundle's heyday.
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Microsoft Raids Google's DeepMind AI Unit With Promise of Less Bureaucracy
Mustafa Suleyman, who co-founded DeepMind and sold it to Google, has been telling recruits that Microsoft is now the more startup-like workplace.
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SoftBank Group Posts Quarterly Profit as AI Bet Pays Off
The Japanese technology investment company recorded a first-quarter net profit thanks partly to a recovery in its tech funds business.