Chevron is increasing production by 7% to 10% this year while optimizing operations to meet global energy demand. She said the company is doing everything it can to supply energy efficiently.
The company reported revenue of $41.46 billion, up sharply from $9.3 billion a year earlier and well above analyst estimates of nearly $36 billion, according to LSEG data
The agency relied heavily on technology and automated processing systems to maintain core tax filing and refund operations during one of its busiest periods of the year.
The Delaware-based company will pay a $22.5 million civil penalty and invest $90 million over 15 years to reduce PFAS discharges in New Jersey, North Carolina and West Virginia
Shares of memory manufacturers Micron and Sandisk moved higher after suffering double-digit declines on Tuesday, while the Roundhill Memory ETF also posted gains.
The chip will be manufactured by Broadcom and used primarily for AI inference, the computing process that powers responses in ChatGPT and other applications. OpenAI President Greg Brockman sai
The new Meta Glasses start at $299, undercutting the company's Ray-Ban-branded models, which begin at $379
The adoption of AI technologies across its operations has contributed to workforce reductions and could lead to further cuts
Nasdaq 100 futures fell 2.7% ahead of trading, while semiconductor stocks such as Intel, Micron, AMD and Nvidia posted notable pre-market losses.
The departures raised fresh questions about Google’s ability to retain top AI researchers despite significant investments in the sector
According to data released by Statistics Canada, consumer prices rose faster than economists had anticipated, marking the first time inflation has exceeded three per cent since 2023.
The restructuring includes the elimination of the chief operating officer position and operational changes at Lucid's manufacturing facility in Casa Grande, Arizona.
Chinese officials said the actions were necessary to protect national security and respond to recent U.S. policies affecting Chinese technology and defense-linked enterprises.
Under the agreement, Reflection AI will gain access to high-performance Nvidia GB300 graphics processing units beginning July 1, 2026.
As part of the transition, Meta will invest approximately $900 million in Cred at a reported valuation of $4.5 billion.
The fundraising effort follows SpaceX’s blockbuster IPO, which raised nearly $86 billion and significantly boosted its market valuation.
