JUST IN: President Trump invokes the Cold War-era Defense Production Act to boost US oil production and refining, declaring petroleum activities essential to national defense.
JUST IN: OpenAI nears a new funding round of up to $30 billion at a $1.25 trillion valuation, led by UAE investors, as a bridge to its planned 2027 IPO.
JUST IN: OpenAI nears a funding round of up to $30 billion at a $1.25 trillion valuation, led by UAE investors alongside Coatue, as a bridge to its planned 2027 IPO.
NEW: France extends Paris curfew and bans protests in Marseille and Lyon after riots, with the Louvre, Orsay and Picasso museums set to close Saturday.
JUST IN: Meta to issue a free non-voting share for every share held in January, raising equity for its AI buildout without diluting Mark Zuckerberg's 60.6% voting control.
JUST IN: Moderna shares plunge as much as 25% after a leak of its cancer vaccine data, even as the full results released later appear positive, showing a 42% reduction in melanoma recurrence or death with the Merck-partnered shot plus Keytruda.
JUST IN: $MRNA shares plunge as much as 25% after a leak of partial data from its experimental cancer vaccine with Merck, though full results released later showed the shot cut recurrence or death risk by 42% in certain melanoma patients.
JUST IN: $TSLA profit drops 43% to $787 million as Elon Musk ramps up spending on Optimus robots and self-driving Cybercabs, which it aims to deliver by year-end.
JUST IN: $META sinks 6% as surging AI spending pushes free cash flow to negative $2.12 billion, with the cost of insuring the company's debt hitting all-time highs on growing credit concerns. 📉
JUST IN: A US judge has ordered Donald Trump to answer questions under oath by 11 December in his defamation lawsuit against the BBC over an edited Panorama episode.
BREAKING: Sri Lanka chase down 430 to stun England by two wickets, the second-highest successful run chase in ODI history, despite Harry Brook's record-breaking double century.
BREAKING: Sri Lanka chase down 430 to stun England by two wickets, the second-highest successful run chase in ODI history, after Harry Brook's record-breaking double century.
BREAKING: Brent crude tops $111 after Trump hints at US action against Iran, with Washington ordering staff to leave Saudi Arabia amid reports of renewed strikes. 📈
JUST IN: $MU and other chip stocks fall Thursday after Tesla cut its near-term spending target and Lam Research issued a weaker-than-expected forecast. 📉