OpenAI's Altman says we've have added more than USD 1bln of ARR in last month just from our API business
OpenAI's Altman announcing over USD 1 billion in annual recurring revenue related to their API business signals strong demand and robust growth in a rapidly expanding sector.
NY Fed RRP op demand at 2.06bln (prev. 3.34bln) across 14 counterparties (prev. 12)
BASF (BAS GY) FY (EUR): Sales 59.7bln (exp. 60.7bln), Adj. EBITDA 6.6bln (exp. 6.87bln), EBIT 1.6bln, Net income 1.6bln, FCF 1.3bln
OpenAI's Altman says we've have added more than USD 1bln of ARR in last month just from our API business
Netflix (NFLX) co-CEO Sarandos is planning to testify in February at a US Senate committee hearing looking into Netflix’s proposed USD 82.7bln purchase of Warner Bros. Discovery (WBD), Bloomberg reports
Big northern European investors are reportedly increasingly wary of the risks of holding US assets in the face of geopolitical tensions, according to reports
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This development could bolster market sentiment towards technology stocks, particularly those connected to AI, such as Microsoft. Investors may now adjust their expectations for future earnings and growth trajectories in the software segment as this underscores the lucrative potential of AI-driven solutions.
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