06:59 AM EST, 01/22/2025 (MT Newswires) -- Microsoft ( MSFT ) said late Tuesday it has partnered with OpenAI to cooperate on Stargate. The announcement comes after OpenAI said Tuesday it will be an equity funder in a new company called The Stargate Project along with Oracle (ORCL), SoftBank and MGX with plans to invest $500 billion over the next...

06:56 AM EST, 01/22/2025 (MT Newswires) -- Halliburton ( HAL ) reported Q4 adjusted earnings Wednesday of $0.70 per diluted share, down from $0.86 a year earlier. Analysts polled by FactSet expected $0.69. Revenue for the quarter ended Dec. 31 was $5.61 billion, down from $5.74 billion a year earlier. Analysts polled by FactSet expected $5.63 billion. ...

Jan 22 (Reuters) - Insulin delivery device maker Beta Bionics said on Wednesday it was targeting a valuation of as much as $615.9 million in its initial public offering in the United States, underscoring a gradual recovery in medtech listings. IPO activity in the medtech sector had shown a steady recovery in 2024 after high interest rates sapped investor appetite...

Jan 22 (Reuters) - Property and casualty insurer Travelers beat estimates for fourth-quarter profit on Wednesday, as strength in its underwriting business cushioned a blow from elevated catastrophe losses. Individuals and companies are increasing their spending on insurance in response to rising economic uncertainty and risks, enabling insurers to attract and retain clients even as premiums for policies such as...