MarketCatalystGoogle's new Gemini agent works like a colleague, with its own identity, multi-day goals and spending caps, aimed at winning the corporate customers that justify Alphabet's AI build-out. Here is what is confirmed, what is still missing, and how the stock has reacted.
OpenAI confirmed annualized revenue of about $50 billion at the end of September, below the $68 billion that had circulated. The gap is partly a reporting basis, but AI stocks sold off anyway: CoreWeave fell 7.3%, Oracle 5.5% and Nvidia 3.1%.
Apple invited press to a 9 a.m. ET event in Tribeca on October 13. Bloomberg reports a home hub, a new HomePod mini and a new Apple TV are coming, with LG-made accessories including a doorbell, lock and thermostat to follow in a few months.
A Bloomberg report says Oracle is hauling compressed natural gas to data centers in Utah and Texas and is weighing the same for its 2.45-gigawatt New Mexico site, at roughly four times the cost of hub-priced gas. Shares fell about 5% Thursday.
Riot fell 11%, Cipher and Hut 8 dropped 10% each and CleanSpark slid 9% as bitcoin weakened, leveraged longs were liquidated and a report that OpenAI's revenue is running about $20 billion below expectations hit AI data-center plays.
The "90% of traders fail" line is part folklore, part grim fact. Here is what research on day traders shows, the six mistakes behind most losses, and an eight-step process built on risk control, tested rules and honest record-keeping.