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OpenAI's ad business hits $1B annual revenue, boosting IPO prospects with global expansion plans.

Market News
31 Aug 2026
CNBC
View Source
Bullish
OpenAI's ad business hits $1B annual revenue, boosting IPO prospects with global expansion plans.

OpenAI announced its advertising business has reached a $1 billion annualized revenue run rate just 200 days after launch, supporting its diversified revenue model ahead of a major IPO. The company started testing ads in its ChatGPT chatbot in the U.S. earlier this year, expanding ads now to over 40 countries including India, Europe, and the Middle East. Ads are clearly labeled, do not affect chatbot responses, and protect user privacy. OpenAI plans to grow its ad formats and markets further, aiming to enhance business-consumer interactions within ChatGPT.

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Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

Analyst Insights
Bullish
46 minutes ago
Sandisk enters the S&P 100 as Nike exits the index on the same day.

Sandisk enters the S&P 100 as Nike exits the index on the same day.

On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...

Market News
Neutral
2 hours ago
Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Several top analysts, including Cantor Fitzgerald, Guggenheim, Morgan Stanley, and BTIG Research, have raised price targets and upgraded their outlooks for ServiceNow, signaling confidence in the company's long-term growth. Despite this, the stock ha...

Analyst Insights
Bullish
2 hours ago
Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...

Market News
Neutral
3 hours ago
MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

Company Fundamentals
Neutral
3 hours ago
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