Apple is trying to bring its relationship with OpenAI to the next level

To make up for trailing its peers in AI, Apple partnered with OpenAI earlier this summer in order to put ChatGPT on its iPhones. Now it seems Apple would like to take the relationship to the next level. The iPhone maker is considering investing in the ChatGPT-maker in a multi-billion dollar funding round, alongside Microsoft and Thrive Capital, that would value the latter at $100 billion, the Wall Street Journal reports. That would suggest Apple wants something more long-term, and its interest in OpenAI’s technology is more than just a fling.

Exclusive | Apple Is in Talks to Invest in OpenAI

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Chipotle dropped 18% yesterday, and its woes weighed on the wider slop bowl complex, dragging Cava and Sweetgreen down, too.

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Most health insurers beat estimates in Q3, but investors have mixed feelings

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eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

EBay Falls After Giving Weak Profit Outlook for Holiday Period

However, concerns about the future somewhat overshadowed these results.

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Hims to begin selling GLP-1 microdosing treatments

The company reports earnings results next Monday.

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Going more directly to consumers — bypassing wholesalers and insurers — allows Lilly and Novo to sell the drugs for roughly half the list price.

Walmart Retail Location. Walmart introduced its Veterans Welcome Home Commitment and plans on hiring 265,000 veterans.

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