Three major U.S. stock indexes end mixed
The three major U.S. indices closed mixed, with the Dow up 0.17%, the Nasdaq down 0.12%, and the SP 500 down 0.21%. Popular tech stocks were mixed, with Nvidia up more than 1%, Tesla down more than 2%, and with a market capitalization of less than $500 billion, Apple down nearly 2%.
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OpenAI is expected to burn over $278 billion in cash by 2030, with a revenue target of $350 billion over the same period.
OpenAI is expected to generate up to $278 billion in negative free cash flow over the next five years, driven solely by computing power and infrastructure, with cumulative spending projected to reach approximately $856 billion by 2030. The company anticipates revenue of $350 billion in 2030 and $36 billion in 2026, with total revenue from 2026 to 2030 amounting to around $840 billion.
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