Dow Jones Top Company Headlines at 7 PM ET: Andrej Karpathy, Tesla Alum and OpenAI Co-Founder, Joins Anthropic | Google ...
Andrej Karpathy, Tesla Alum and OpenAI Co-Founder, Joins Anthropic
Karpathy joined Anthropic's pretraining team and will lead a new group focused on using Claude to accelerate pretraining research, according to the company.
Google Unveils New Gemini AI Agent for Personal Tasks
The tech firm highlights both Spark and Omni, a video-creation tool, at its annual developer conference.
Analog Devices to Buy Empower Semiconductor for $1.5 Billion
The deal will help Analog Devices expand its total addressable market in artificial-intelligence compute power delivery as demand from AI developers climbs, the semiconductor company said.
Toll Brothers Says Its Average Home Prices Back Above $1 Million
The luxury homebuilder said the average price of homes it completed sales on last quarter broke above $1 million for the first time since mid-2024.
The Mediterranean fast-casual restaurant chain said it expects its momentum to continue, boosting its fiscal-year guidance.
Agnico Eagle Approves $2.4 Billion Investment in Gold Project
The Toronto miner's investment in the Hope Bay project revives a mine in Canada's Arctic that China had hoped to run.
Home Depot Posts Lower Profit as Homeowners Hold Off on Large Projects
Home Depot reported lower fiscal first-quarter profit and Chief Financial Officer Richard McPhail said in an interview that homeowners are continuing to pull back on large home-improvement projects due to economic uncertainty.
Emails Show How Lululemon's Peace Treaty With Its Founder Fell Apart
A surprise note from the company's chair marked an escalation of the fight after the two sides appeared close to coming to terms.
Target Names a New Supply-Chain Head as It Struggles With Weak Sales
Former Walmart executive Jeff England will lead supply chain and logistics at the retailer as Target tries to pull out of a yearslong sales slump.
United Airlines Expects an Uptick in Summer Travelers
United Airlines said it expects to serve about 53 million travelers this summer-about 3 million more than last year.
Google and Blackstone to Create New AI Cloud Company
The duo plans to launch the unnamed U.S. company with $5 billion in equity capital from Blackstone, which will be the majority owner.
Berkshire Hathaway Rekindles Its Tortured Love Affair With Airlines
CEO Greg Abel is showing an early fondness for them with Berkshire taking a new $2.6 billion position in Delta during the first quarter.
Fermi's Ousted CEO Pushes for Board Overhaul Vote in June
Toby Neugebauer, the co-founder, largest shareholder and former chief of Fermi, looks to wrest back control of the company from its new management.
Kohler will join Gap as global brand president and chief executive of its Banana Republic brand.
ArcelorMittal Sells $667 Million Stake in Vallourec to Boost Shareholder Returns
The steelmaker said it sold a stake equivalent to around 10% of Vallourec's outstanding share capital and plans to channel the proceeds to shareholders through its ongoing buyback.