September 16, 2025

Alphabet enters $3 trillion market cap club, both Class A and Class C shares hit records


Google parent Alphabet hit a market capitalization of $3 trillion for the first time, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling. Class A shares of the company were up 3.8% at $250, while Class C shares climbed 3.7%
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September 15, 2025

Markets eye Fed rate cut as gold stays near all-time high


Gold prices rose on Friday, holding close to record highs hit during the week week, as signs of a weakening U.S. labor market reinforced expectations the Federal Reserve will deliver its first rate cut of the year next week.
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September 15, 2025

OpenAI to share 8% of its revenue with Microsoft and partners, down from current 20%


OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, namely Microsoft, down from the current 20%. The difference between those figures adds up to more than $50 billion in additional revenue OpenAI would keep for itself
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September 15, 2025

FTSE 100 dips but registers weekly gain; investors assess economic data


Britain’s FTSE 100 reversed earlier gains to close lower, dragged down by consumer staples and healthcare stocks, while investors assessed key domestic economic data. The blue-chip FTSE 100 closed down 0.2% but registered its second straight weekly gain.
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September 14, 2025

Oracle takes a breather after AI-powered record run, Ellison approaches richest people


Oracle shares retreated after a record AI-driven surge in the previous session that put the company closer to the trillion-dollar mark and co-founder Larry Ellison within striking distance of the world’s richest person title.
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September 12, 2025

US dollar eases after slightly hotter inflation, jobless claims uptick


The U.S. dollar slipped after modestly hotter August inflation data and weaker-than-expected initial jobless claims reinforced the view that the Federal Reserve will resume cutting interest rates next week.
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