AMD has signed a multi-year chip supply deal with OpenAI that could generate tens of billions in revenue for the chipmaker, helping accelerate its momentum in the AI industry. AMD has agreed to supply 6 gigawatts of compute capacity to OpenAI — enough to power up to 4.5 million homes — across multiple generations of its Instinct GPUs, starting with the Instinct MI450 GPU. OpenAI will receive the first gigawatt of capacity in the second half of 2026, when the new chip is scheduled for deployment.  AMD claim ...

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MCLEAN, Va., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Acentra Health, a technology and health solutions company dedicated to accelerating better health outcomes for its clients and the populations they serve, today announced that its Chief People Officer, Kelly Schlageter, has been named a 2025 Women in Leadership honoree by Virginia Business. The award recognizes top women executives in Virginia who demonstrate exceptional leadership, civic engagement, mentorship, and a commitment to breaking glass ceilings in th ...

Fifth Third (Nasdaq: FITB) will acquire Comerica (NYSE: CMA), according to a public statement. The deal will create the ninth-largest US bank, with approximately $288 billion in assets.Shares of both banks moved higher in early market trading.Fifth Third will pay approximately $10.9 billion in an all-stock transaction, representing around $82.88 per share as of Fifth Third’s closing stock price on October 3.Tim Spence, Chairman, CEO, and President of Fifth Third Bank, called the acquisition a pivotal moment ...

ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equities continued their upward journey in the third quarter with the S&P 500 Index surging 8.1% and tech-heavy Nasdaq Composite rising 11.2% to record highs. Investor optimism was driven by favorable tariff results, the One Big Beautiful Bill in July, expected interest rate cuts, and strong corporate earnings, partic ...

US stocks were mixed on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD) and OpenAI (OPAI.PVT) lifted hopes for the AI trade. The Nasdaq Composite (^IXIC) led the way higher, rising 0.3% amid an over-25% surge from AMD, while the S&P 500 (^GSPC) ticked up 0.2%. But the Dow Jones Industrial Average (^DJI) lost hold of opening gains, falling 0.2%. In another jolt to the AI outlook, AMD said Monday it has signed a multiyear deal with OpenAI to supply chips ...

US stocks rose on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD) and OpenAI (OPAI.PVT) lifted hopes for the AI trade. The Nasdaq Composite (^IXIC) led the way higher, rising 0.5% amid a near-35% surge from AMD. The S&P 500 (^GSPC) ticked 0.3% higher, while the Dow Jones Industrial Average rose 0.1%. In another jolt to the AI outlook, AMD (AMD) said Monday it has signed a multiyear deal with OpenAI (OPAI.PVT) to supply chips that will bring in tens of b ...

US stocks were mixed on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD) and OpenAI (OPAI.PVT) lifted hopes for the AI trade. The Nasdaq Composite (^IXIC) led the way higher, rising 0.4% amid an over-25% surge from AMD, while the S&P 500 (^GSPC) ticked up 0.1%. But the Dow Jones Industrial Average lost hold of opening gains to fall 0.5%. In another jolt to the AI outlook, AMD (AMD) said Monday it has signed a multiyear deal with OpenAI (OPAI.PVT) to supp ...

Key Takeaways McCormick's Q3 revenues are estimated at $1.71 billion, up 2.1% year over year.Earnings per share are projected at 81 cents, down 2.4% from the prior-year quarter. Strong Consumer segment momentum offsets softness in Flavor Solutions and inflation costs. McCormick & Company, Incorporated (MKC) is likely to witness top-line growth when it reports third-quarter 2025 earnings on Oct. 7. The Zacks Consensus Estimate for revenues is pegged at $1.71 billion, indicating a 2.1% increase from the prior ...

Key Takeaways The Fed's dovish outlook and rate-cut expectations have driven gold to record highs above $3,800.Gold Fields shows 106.1% expected earnings growth with rising consensus estimates.Alamos Gold and NovaGold Resources also post strong earnings growth and estimate upgrades.Gold has long been considered a safe-haven asset, and its price often moves inversely to interest rates. When the Fed lowers rates, it tends to create an environment that supports higher gold prices. So, in a backdrop where marke ...