President Trump criticized Anthropic CEO Dario Amodei for urging AI companies to slow development, calling safety warnings a conspiracy benefiting China. This comes as AI leaders like Amodei, OpenAI's Sam Altman, and Elon Musk advocate for global cooperation to add safety measures to AI technology. The Trump administration, which favors minimal AI regulation, has clashed with Anthropic over military access to AI tools. With Trump preparing for a meeting with Chinese President Xi Jinping, tensions rise as China resists slowing AI progress, emphasizing leadership in global AI collaboration among developing nations. The debate highlights the challenge of balancing AI innovation, safety, and international competition.
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
Roblox, an online gaming platform valued at $32.5 billion, saw its stock rise to $45.50 following major platform upgrades announced at its Developers Conference, including AI-assisted creation tools. Analyst firm Wedbush raised its price target from ...
