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[ad_1] After OpenAI’s video-generating app Sora surged to the No. 1 position on the U.S. App Store, it has now, technically, experienced a bigger first week than ChatGPT on iOS, according to new data from app intelligence provider Appfigures. Its estimates show that Sora saw 627,000 iOS downloads in its first seven days of availability, compared with ChatGPT’s 606,000 iOS downloads during its first week. Shortly after the publication of this article, OpenAI’s head of Sora, Bill Peebles, announced that Sora reached a million downloads in under five days. He said that it was faster than ChatGPT, despite Sora being…

[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We’re revisiting Netflix (NFLX) today as the stock nears an inflection point. We wrote this name up for you guys 87 days ago and the stock has basically gone nowhere so far. After an incredible first six months of the year, Netflix spent the summer chilling out on the couch. In my opinion, there’s a good chance that the consolidation below highs we’ve been watching play out is about to come to an end. The…

[ad_1] The explosion of AI companies has pushed demand for computing power to new extremes, and companies like CoreWeave, Together AI and Lambda Labs have capitalized on that demand, attracting immense amounts of attention and capital for their ability to offer distributed compute capacity. But most companies still store data with the big three cloud providers, AWS, Google Cloud, and Microsoft Azure, whose storage systems were built to keep data close to their own compute resources, not spread across multiple clouds or regions. “Modern AI workloads and AI infrastructure are choosing distributed computing instead of big cloud,” Ovais Tariq, co-founder and CEO of Tigris…

[ad_1] India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI’s ChatGPT leading the rollout and integrations with Google’s Gemini and Anthropic’s Claude in development, as the South Asian nation becomes the next major market for global AI companies. On Thursday, the National Payments Corporation of India (NPCI), the federal body behind the country’s widely used Unified Payments Interface (UPI), partnered with OpenAI and fintech firm Razorpay to enable consumers to shop and pay directly through ChatGPT. Razorpay confirmed to TechCrunch that the pilot is being rolled out nationwide and will become…

[ad_1] Berenberg Capital Markets is optimistic on the state of DraftKings ‘ future despite a recent pullback in the stock. The investment firm upgraded shares to a buy rating from hold. However, analyst Jack Cummings lowered his price target for the stock to $43 from $45. This revised price forecast still calls for upside of nearly 27% from here. Shares of DraftKings have shed 9% this year, but have plunged 30% since the end of August due to fears that the booming prediction market business could steal market share from DraftKings and other sports betters. Cummings said that despite these…

[ad_1] Hasbro Inc. (NASDAQ: HAS) , the venerable toy and entertainment giant behind iconic brands like Transformers, Monopoly, and My Little Pony, will report earnings on Oct. 23. As investors gear up, the spotlight is on how the company can navigate macro headwinds, cost pressures, and evolving consumer preferences in the toy, gaming, and licensing spaces. In its last reported results (for the second quarter of 2025), Hasbro delivered adjusted EPS of $1.30, beating consensus expectations (~$0.78) and posting net revenue of $980.8 million (a ~1.5 % year-over-year decline). The performance was helped by strength in its digital/gaming and Wizards…

[ad_1] Artificial intelligence is not just changing how we work — it’s transforming how we move. At TechCrunch Disrupt 2025, happening October 27-29 at San Francisco’s Moscone West, two industry leaders at the forefront of AI-driven mobility will take the AI Stage to explore the future of intelligent transportation systems: Uber’s Sachin Kansal and Nuro’s Dave Ferguson. Together, Kansal and Ferguson will discuss the evolving relationship between AI and mobility: how predictive models and computer vision are improving road safety, why last-mile delivery is an autonomy proving ground, and what it will take to bring AI-driven transportation to scale. With…

[ad_1] Stocks keep charging to record levels, and they could get another boost if a key group of investors is forced to turn more bullish. JPMorgan strategist Nikolaos Panigirtzoglou noted that macro hedge funds, a major market-moving group that trades in and out of major asset classes based on global economic factors, remain cautious despite the S & P 500 hitting all-time highs. “While the overall reactions to positive and negative news are more normalised at the aggregate level, our positioning proxies indicate that some investors appear to exhibit more cautious positioning,” he said. Those proxies include speculative investor positioning…

[ad_1] 2025-10-09T13:03:54Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. ChatGPT is being used by 10% of Earth’s adult population. “For a new technology, this speed of global diffusion has no precedent,” researchers wrote last month. Business Insider is keeping tabs on the biggest numbers driving OpenAI news. Check back daily for updates. ChatGPT’s monthly active users have…

[ad_1] Here are Thursday’s biggest calls on Wall Street: Baird initiates Oracle as outperform Baird said Oracle has “has positioned itself at the center of the most significant trend in the history of computing: AI.” “We are initiating coverage of Oracle with an Outperform rating and $365 price target.” Read more. BMO reiterates Alphabet as outperform BMO raised its price target to $294 per share from $225. “GOOGL’s AI leadership continues to translate into strength in core Search and GCP [Google Cloud Platform] per expert checks, as GOOGL benefits from ongoing AI integrations and product launches, driving incremental user value.”…