(RTTNews) - European stocks tumbled on Thursday as concerns about the potential impact of the ongoing Middle East War on global economic growth, and fears of elevated inflation levels rendered the mood bearish. Oil's upmove after the United States submarine sank an Iranian warship off the southern coast of Sri Lanka, has raised inflation concerns. Travel-related stocks had a tough outing due to ai...
(RTTNews) - European stocks tumbled on Thursday as concerns about the potential impact of the ongoing Middle East War on global economic growth, and fears of elevated inflation levels rendered the mood bearish. Oil's upmove after the United States submarine sank an Iranian warship off the southern coast of Sri Lanka, has raised inflation concerns. Travel-related stocks had a tough outing due to airspace closures in the Middle East region forcing carriers to cancel tens of thousands of flights over the past one week. The pan European Stoxx 600 ended down 1.37%. The U.K.'s FTSE 100 settled lower by 1.45%, Germany's DAX closed 1.78% down, and France's CAC 40 lost 1.49%. Switzerland's SMI drifted down 1.57%. Among other markets in Europe, Austria, Belgium, Finland, Ireland, Netherlands, Norway, Poland, Spain and Sweden ended weak. Czech Republic, Denmark, Greece, Iceland and Türkiye closed higher, while Portugal and Russia ended flat. In the UK market, Rentokil Initial soared nearly 11% after reporting higher annual profits. Admiral Group is surging 4% as it posted record profits despite a challenging economic backdrop. Admiral Group surged 7.8% as it posted record profits despite a challenging economic backdrop. Reckitt Benckiser shed nearly 6% after maintaining its revenue growth targets for this fiscal year. Aviva ended lower by about 3.2% despite meeting 2025 profit targets. 3i Group ended more than 8% down. Fresnillo, Endeavour Mining, Rio Tinto, Rolls-Royce Holdings, Metlen Energy & Metals, BAE Systems, Easyjet, IAG, Antofagasta, Anglo American Plc, Segro, Barclays and Standard Chartered also declined sharply. Compass Group, Relx, Experian, Bunzl, BP, Convatec Group, Weir Group, JD Sports Fashion, Diageo, Shell and Mondi posted strong gains. In the German market, Merck shed more than 7%, weighed down by disappointing earnings guidance. Deutsche Post closed lower by about 5% after reporting lower FY25 attributable net profit. Siemens Energy and Rheinmetall closed d...
They were led off course in a big race. But a fix is more complicated than prize money toggle caption Matthew Demarko/via Atlanta Track Club A big road race with national team implications usually ends in jubilation and relief. But since the USATF Half Marathon Championships ended in Atlanta on Sunday, athletes and officials alike have been searching for ways to salvage a women's race that ended i...
They were led off course in a big race. But a fix is more complicated than prize money toggle caption Matthew Demarko/via Atlanta Track Club A big road race with national team implications usually ends in jubilation and relief. But since the USATF Half Marathon Championships ended in Atlanta on Sunday, athletes and officials alike have been searching for ways to salvage a women's race that ended in sadness and frustration. "I do not feel like the winner of the 2026 USATF Half Marathon Championships, because I know I should not actually be the winner," Molly Born, who is the official race winner, wrote on Instagram. Born had been running fifth late in the race, when the group of women well ahead of her with about a mile to go was misdirected off the course by an official race vehicle. As a result, the race's fastest three runners — Jess McClain, Emma Grace Hurley and Ednah Kurgat — "were unable to be recognized as the top three finishers," according to the Atlanta Track Club, the race organizer. Sponsor Message After the stunning detour, the official standings show McClain finished ninth, Hurley 12th, and Kurgat 13th. "In a 20-year time period, I can maybe think of it happening once or twice in the U.S.," says Jean Knaack about the elite runners leaving the course. She is CEO of the Road Runners Club of America, whose members include the Atlanta Track Club. The Atlanta Track Club says it will give prize money to three misdirected runners, offering $20,000 to McClain, who had opened a gap within the leaders group. Hurley and Kurgat will each get nearly $10,000, splitting the combined prizes for second and third. But rectifying the error promises to be more complicated than writing a check: The race's top three finishers were expected to be virtual locks to represent the U.S. at the 2026 World Road Running Championships in Denmark this September. The Atlanta club "did everything they could to make the affected runners whole," says Phil Stewart, event director of the Cr...
Anthropic's increasing run rate for annual revenue could bode well for Amazon amid concerns about overinvestment on artificial intelligence, according to Bank of America. Bloomberg reported that the buzzy AI startup's annual recurring revenue is nearing $20 billion. That's nearly double the amount seen at the end of 2025, per a Bank of America analysis. Amazon shares have dropped nearly 6% in 2026...
Anthropic's increasing run rate for annual revenue could bode well for Amazon amid concerns about overinvestment on artificial intelligence, according to Bank of America. Bloomberg reported that the buzzy AI startup's annual recurring revenue is nearing $20 billion. That's nearly double the amount seen at the end of 2025, per a Bank of America analysis. Amazon shares have dropped nearly 6% in 2026 as Wall Street worried that Big Tech may shelling out too much for data center buildouts. But Bank of America analyst Justin Post said investors can take the Anthropic report as a positive sign that these investments should pay off. "We see Anthropic's recent ARR acceleration as a positive proof point for all hyperscalers and could help reduce a recent sector overhang on capex investment uncertainty," Post wrote to clients on Wednesday. AMZN YTD mountain Amazon, year-to-date Amazon shares jumped nearly 4% in Wednesday's session following Bloomberg's report. To be sure, Post said to expect further concerns about spending as revenues drive further investment. But he said to "remain constructive" on Amazon Web Services, as the cloud business should be able to monetize its additional capacity at a higher rate than Wall Street anticipates. Because of that, investors should be able to have more confidence in the return on investment in near-term capital expenditures. If a significant portion of Anthropic workloads run on AWS and it earns half of the startup's model training costs, Post said Amazon could see a $1 billion increase in quarter-over-quarter revenues tied to Anthropic. Post reiterated his buy rating on the stock. His $275 price target implies upside of nearly 27% from Wednesday's closing level.
Broadcom Inc (NASDAQ:AVGO) stock gets higher price targets from analysts after beating estimates for the first quarter and providing strong second-quarter guidance. Here's what analysts are saying about the company's future. • Broadcom stock is charging ahead with explosive momentum. Why is AVGO stock surging? The Broadcom Analysts JPMorgan analyst Harlan Sur reiterated an Overweight rating on Bro...
Broadcom Inc (NASDAQ:AVGO) stock gets higher price targets from analysts after beating estimates for the first quarter and providing strong second-quarter guidance. Here's what analysts are saying about the company's future. • Broadcom stock is charging ahead with explosive momentum. Why is AVGO stock surging? The Broadcom Analysts JPMorgan analyst Harlan Sur reiterated an Overweight rating on Broadcom and raised the price target from $475 to $500. Goldman Sachs analyst James Schneider maintained a Buy rating and raised the price target from $450 to $480. Rosenblatt analyst Kevin Cassidy maintained a Buy rating and raised the price target from $450 to $500. Benchmark analyst Cody Acree reiterated a Buy rating with a price target of $485. JPMorgan on Broadcom Stock Broadcom reported "solid" first-quarter results and guidance, Sur said in a new investor note. The analyst said the results and guidance were driven by "continued upside" in the AI segment. "AI networking accounted for one-third of total AI revenues in Q1 and is expected to increase to 40% of total AI revenue in Q2, implying that revenues should grow 50%+ Q/Q," Sur said. "We believe this performance puts Broadcom on track to deliver over $65B in AI revenues in FY26." The analyst said there is improved visibility into 2027 estimates, with Broadcom having the chance to hit over $100 billion in AI chip revenues in fiscal 2027. Sur names key partnerships with OpenAI, Anthropic and Meta in the investor note, along with predicting SoftBank and Bytedance could be potential unnamed customers. The analyst says Broadcom is the "top pick in the semiconductor sector." Goldman Sachs on Broadcom Stock Schneider highlights the company's guidance and management commentary as the key items that could drive the share price higher. "We expect the stock to trade meaningfully higher following guidance that came in well above the Street, as well as management commentary that we believe should address several key investor debate...
(Bloomberg) — Oracle Corp. (ORCL) is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company and may be implemented as soon as this month, according to people familiar with the matter who asked not to be named discussing the still-private plans. Some of the cuts will be aim...
(Bloomberg) — Oracle Corp. (ORCL) is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company and may be implemented as soon as this month, according to people familiar with the matter who asked not to be named discussing the still-private plans. Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people said. Led by Chairman Larry Ellison, Oracle is embarking on a historic build-out of data centers to power AI workloads for customers such as OpenAI. The company, long known for its database software, has been making a transition the past few years to bulk up its cloud computing unit with a focus on AI, intending to become a viable competitor to market leaders Amazon.com Inc. and Microsoft Corp. Wall Street projects the expenditures by the cloud unit for data centers to push Oracle’s cash flow negative over the coming years before the spending begins to pay off in 2030, according to data compiled by Bloomberg. Last month, Oracle said it would raise as much as $50 billion this year through a combination of debt and equity sales. The reductions being planned are expected to be wider-reaching than the company’s typical rolling job cuts, according to the people. This week, Oracle announced internally that it would be reviewing many of the open job listings in its cloud division, effectively slowing down or freezing the hiring process, according to people with knowledge of the move. Oracle declined to comment. The company had about 162,000 employees globally as of the end of May 2025. Planning for the workforce reductions is still active and could change, the people said. Oracle’s initial moves as an AI cloud provider drew favor from investors, who boosted the stock 61% in 2024 and 20% last year. However, as the costs increased, the market has soured on the company, with the shares fal...
The Good Brigade/DigitalVision via Getty Images Imagine for a moment a scenario where a billion-dollar market realizes its future consumers will no longer buy their product. This might be happening with the alcohol industry. Generation Z is drinking less and less each day, and sometimes, they don’t even start. I’m a millennial who has this trait of Gen Z, since I don’t drink any alcohol at all, no...
The Good Brigade/DigitalVision via Getty Images Imagine for a moment a scenario where a billion-dollar market realizes its future consumers will no longer buy their product. This might be happening with the alcohol industry. Generation Z is drinking less and less each day, and sometimes, they don’t even start. I’m a millennial who has this trait of Gen Z, since I don’t drink any alcohol at all, not socially, not anything. I might taste something here and there, but nothing more than a sip. If for millennials this habit sounds strange, imagine for baby boomers… The point is, when an entire generation stops drinking, the impact is not only on pubs and parties but also on public health, taxes, employment, and, of course, global brands and the stock market. My view here is that I might actually be a bit bearish on any case that treats alcohol as an ever-growing industry. I, personally, wouldn’t buy and hold any beer stock expecting it to grow just as they did in the past, unless the fundamentals of a specific stock are too good and the valuation is extremely attractive. But then it would be more of a math/numbers game than believing in the product or industry. I’m not saying alcohol will disappear (I’m not that extreme), but I think this “default” social habit is going to change drastically, and the sector will feel it in their sales volume. Therefore, the alcohol industry might have to adapt to bring relevant innovation instead of just producing the same old beers and relying on generational “bad” habits. If that switch to innovation indeed happens, I don’t think all players will be able to afford this R&D, which will make them eventually disappear. That also doesn’t mean the industry will collapse. What I see is a re-rating of the expectations the market will put on the beer stocks. However, companies with strong branding and pricing power might be able to change their mix and generate sales from low- or no-alcohol beverages and thus remain resilient and profitable. A...
Key Points Portolan Capital Management sold 4,643,280 shares of DigitalBridge Group; the estimated trade size was $55.79 million based on quarterly average prices. Meanwhile, the quarter-end position value fell by $51.32 million, reflecting both trading activity and stock price movement. Post-trade, the fund holds 824,946 shares valued at $12.65 million. The position is now 0.68% of fund AUM, plac...
Key Points Portolan Capital Management sold 4,643,280 shares of DigitalBridge Group; the estimated trade size was $55.79 million based on quarterly average prices. Meanwhile, the quarter-end position value fell by $51.32 million, reflecting both trading activity and stock price movement. Post-trade, the fund holds 824,946 shares valued at $12.65 million. The position is now 0.68% of fund AUM, placing it outside the fund’s top five holdings. 10 stocks we like better than DigitalBridge Group › Portolan Capital Management reported selling 4,643,280 shares of DigitalBridge Group (NYSE:DBRG), an estimated $55.79 million trade based on quarterly average pricing, in a February 17, 2026, SEC filing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Portolan Capital Management reduced its stake in DigitalBridge Group by 4,643,280 shares during the fourth quarter of 2025. The estimated transaction value, based on the mean closing price over the quarter, was $55.79 million. The fund’s quarter-end position in DigitalBridge Group decreased in value by $51.32 million, reflecting both the sale and share price changes. What else to know Portolan Capital Management’s DigitalBridge Group holding now represents 0.68% of reportable assets, down from 3.5% in the prior quarter. Top holdings after the filing: NASDAQ:TTMI: $79.12 million (4.2% of AUM) NYSE:MOD: $71.55 million (3.8% of AUM) NASDAQ:CSTL: $67.28 million (3.6% of AUM) NYSE:CLS: $50.93 million (2.7% of AUM) NASDAQ:AKAM: $45.75 million (2.5% of AUM) As of February 17, 2026, shares of DigitalBridge Group were priced at $15.41, up 49% over the past year and handily outperforming the S&P 500’s roughly 16% gain in the same period. Company overview Metric Value Market capitalization $3 billion Revenue (TTM) $86.1 million Net income (TTM) $12.8 million Dividend yield 0.26% Company snapshot DigitalBridge provides investment and operational expertise in digital infrastructure, includin...
Shares of Victoria's Secret (VSCO 15.20%) were moving lower today as a better-than-expected earnings report wasn't enough to keep up the earlier momentum in the stock. While revenue growth was strong, the company's margins compressed. As a result, the stock was down 11.2% as of 11:51 a.m. ET. Did expectations outrun Victoria's Secret? Victoria's Secret's results were strong, but the stock may have...
Shares of Victoria's Secret (VSCO 15.20%) were moving lower today as a better-than-expected earnings report wasn't enough to keep up the earlier momentum in the stock. While revenue growth was strong, the company's margins compressed. As a result, the stock was down 11.2% as of 11:51 a.m. ET. Did expectations outrun Victoria's Secret? Victoria's Secret's results were strong, but the stock may have been overbought heading into the earnings report as it had more than doubled over the last year. Still, the results bode well for the company's long-term growth. Comparable sales jumped 8% in the quarter, a strong pace for any retailer, which was an improvement from the first three quarters of the year. Overall revenue rose 8% to $2.27 billion, ahead of expectations at $2.23 billion, and adjusted operating income was up 5% to $315.8 million, which excluded $119.6 million asset impairment for the Adore Me brand. On the bottom line, adjusted earnings per share rose from $2.60 to $2.77, beating the consensus at $2.53. CEO Hilary Super called the fourth-quarter report as "exceptional," and said the company is entering 2026 "from a position of strength." Expand NYSE : VSCO Victoria's Secret & Co. Today's Change ( -15.20 %) $ -9.12 Current Price $ 50.89 Key Data Points Market Cap $4.8B Day's Range $ 50.56 - $ 56.40 52wk Range $ 13.76 - $ 66.89 Volume 495K Avg Vol 2.2M Gross Margin 36.30 % What's next for Victoria's Secret Looking ahead, the company sees revenue of $1.49 billion-$1.525 billion, ahead of the consensus at $1.42 billion and an 11% increase from the quarter a year ago. For the full year, it expects more modest growth, calling for full-year revenue of $6.85 billion-$6.95 billion, which is up 6% and compares to the consensus at $6.77 billion. Overall, Victoria's Secret appears to be in good shape in spite of the pullback. The women's intimates company now trades at a price-to-earnings ratio of 24, which is expensive for an apparel stock, but it has earned a premium.
Key Points Victoria's Secret beat estimates on the top and bottom lines, but margins fell. The stock has surged over the last year, but investors seem to think it was overbought. 10 stocks we like better than Victoria's Secret & Co. › Shares of Victoria's Secret (NYSE: VSCO) were moving lower today as a better-than-expected earnings report wasn't enough to keep up the earlier momentum in the stock...
Key Points Victoria's Secret beat estimates on the top and bottom lines, but margins fell. The stock has surged over the last year, but investors seem to think it was overbought. 10 stocks we like better than Victoria's Secret & Co. › Shares of Victoria's Secret (NYSE: VSCO) were moving lower today as a better-than-expected earnings report wasn't enough to keep up the earlier momentum in the stock. While revenue growth was strong, the company's margins compressed. As a result, the stock was down 11.2% as of 11:51 a.m. ET. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Did expectations outrun Victoria's Secret? Victoria's Secret's results were strong, but the stock may have been overbought heading into the earnings report as it had more than doubled over the last year. Still, the results bode well for the company's long-term growth. Comparable sales jumped 8% in the quarter, a strong pace for any retailer, which was an improvement from the first three quarters of the year. Overall revenue rose 8% to $2.27 billion, ahead of expectations at $2.23 billion, and adjusted operating income was up 5% to $315.8 million, which excluded $119.6 million asset impairment for the Adore Me brand. On the bottom line, adjusted earnings per share rose from $2.60 to $2.77, beating the consensus at $2.53. CEO Hilary Super called the fourth-quarter report as "exceptional," and said the company is entering 2026 "from a position of strength." What's next for Victoria's Secret Looking ahead, the company sees revenue of $1.49 billion-$1.525 billion, ahead of the consensus at $1.42 billion and an 11% increase from the quarter a year ago. For the full year, it expects more modest growth, calling for full-year revenue of $6.85 billion-$6.95 billion, which is up 6% and compares to the consensus at $6.77 billion. Overall, Victo...
The iShares MSCI Emerging Markets Asia ETF is seeing unusually high volume in afternoon trading Thursday, with over 222,000 shares traded versus three month average volume of about 46,000. Shares of EEMA were up about 0.6% on the day. Components of that ETF with the highest volume on Thursday were NIO trading up about 6.2% with over 26.0 million shares changing hands so far this session, and PDD, ...
The iShares MSCI Emerging Markets Asia ETF is seeing unusually high volume in afternoon trading Thursday, with over 222,000 shares traded versus three month average volume of about 46,000. Shares of EEMA were up about 0.6% on the day. Components of that ETF with the highest volume on Thursday were NIO trading up about 6.2% with over 26.0 million shares changing hands so far this session, and PDD, up about 5.4% on volume of over 17.8 million shares. Kanzhun is the component faring the best Thursday, higher by about 10.1% on the day, while Tal Education Group is lagging other components of the iShares MSCI Emerging Markets Asia ETF, trading relatively unchanged. VIDEO: Thursday's ETF with Unusual Volume: EEMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Pentagon said it has formally notified Anthropic PBC that it’s deemed the artificial intelligence company and its products a risk to the US supply chain, according to a senior defense official. “DOW officially informed Anthropic leadership the company and its products are deemed a supply chain risk, effective immediately,” the official told Bloomberg on Thursday, using an acronym for the Depar...
The Pentagon said it has formally notified Anthropic PBC that it’s deemed the artificial intelligence company and its products a risk to the US supply chain, according to a senior defense official. “DOW officially informed Anthropic leadership the company and its products are deemed a supply chain risk, effective immediately,” the official told Bloomberg on Thursday, using an acronym for the Department of War, the name that Defense Secretary Pete Hegseth now favors for the Department of Defense. Spokespeople for Anthropic had no immediate comment. The defense official didn’t say when or by what means the Pentagon informed Anthropic of the designation. The Pentagon’s finding risks disrupting both the company and the military, which has relied heavily on Anthropic’s tools. Until recently, Anthropic provided the only AI system that could operate in the Pentagon’s classified cloud. Its Claude Gov tool has become a favored option among defense personnel for its ease of use. Anthropic Chief Executive Officer Dario Amodei had been negotiating for weeks with Emil Michael , under-secretary of defense for research and engineering, to hammer out a contract governing the Pentagon’s access to Anthropic’s technology. But talks broke down last week after the startup demanded assurances that its AI wouldn’t be used for mass surveillance of Americans or autonomous weapons deployment. Hegseth then declared Friday in a post on X that Anthropic posed a supply-chain risk, a designation typically reserved for US adversaries. “From the very beginning, this has been about one fundamental principle: the military being able to use technology for all lawful purposes,” the defense official said Thursday. “The military will not allow a vendor to insert itself into the chain of command by restricting the lawful use of a critical capability and put our warfighters at risk.”
peshkov SLB N.V. ( SLB ) continued to log losses for the seventh straight session on Thursday. The stock was down 1.73% to $47.06 during midday trading. The stock declined nearly 7% between February 26 and March 4. SLB ended 5.25% on March 3, further pressuring the share price. However, on a YTD basis, the company has far outpaced the broader markets, gaining over 22% compared to a marginal moveme...
peshkov SLB N.V. ( SLB ) continued to log losses for the seventh straight session on Thursday. The stock was down 1.73% to $47.06 during midday trading. The stock declined nearly 7% between February 26 and March 4. SLB ended 5.25% on March 3, further pressuring the share price. However, on a YTD basis, the company has far outpaced the broader markets, gaining over 22% compared to a marginal movement in the S&P 500 index. Last month, the company won two major contracts from the Kuwait Oil Company and Mubadala Energy in Indonesia. The Kuwaiti contract was worth $1.5B. As per Seeking Alpha’s quant rating , the stock has a Hold rating with a score of 3.23 out of 5. SLB has been rated an A- for profitability, while it scored a D- for valuation. Seeking Alpha analysts also help with a cautious stance with a Hold rating. However, Wall Street analysts had a Buy call on the stock. In January, SA analyst Dair Sansyzbayev rated the stock as a buy ahead of its earnings, arguing that excessive optimism was already baked into its stock price. However, despite being overvalued, Sansyzbayev anticipated sentiment-driven share price spikes on the back of potentially positive news related to Venezuela. More on SLB SLB N.V. (SLB) Q4 2025 Earnings Call Transcript SLB: Excessive Optimism Already Baked In Before Q4 Earnings SLB: Venezuelan Oil Can Revitalize Oilfield Services Growth (Rating Upgrade) SLB wins contracts for Tangkulo deepwater development in Indonesia SLB awarded $1.5B contract for Mutriba field development in Kuwait
In trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Delek US Holdings (DK), up about 6.1% and shares of PBF Energy (PBF), up about 5.4% on the day. And underperforming other ETFs today is the Copper Miners ETF (COPX), down about 2.7% in Thursday ...
In trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Delek US Holdings (DK), up about 6.1% and shares of PBF Energy (PBF), up about 5.4% on the day. And underperforming other ETFs today is the Copper Miners ETF (COPX), down about 2.7% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Lundin Mining Corp (LUN.CA), lower by about 3%, and shares of First Quantum Minerals (FM.CA), lower by about 2.5% on the day. VIDEO: Thursday's ETF Movers: XOP, COPX The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
"Because I feel like if I've met someone and you have some sort of relationship with them, then you feel beholden in a way," he said, adding it creates a "different level of responsibility".
"Because I feel like if I've met someone and you have some sort of relationship with them, then you feel beholden in a way," he said, adding it creates a "different level of responsibility".
That's because, Chung explains, influencers and politicians are "tapping into people's grievances" and "trying to recapture some of the feelings of being emasculated by the younger generation". They are doing this by suggesting that men need to reassert their dominance, as well as their roles as protectors and providers, she added.
That's because, Chung explains, influencers and politicians are "tapping into people's grievances" and "trying to recapture some of the feelings of being emasculated by the younger generation". They are doing this by suggesting that men need to reassert their dominance, as well as their roles as protectors and providers, she added.
On Thursday, OpenAI released a GPT-5.4, a new foundation model billed as “our most capable and efficient frontier model for professional work.” In addition to the standard version, GPT-5.4 is also available as a reasoning model (GPT-5.4 Thinking) or optimized for high performance (GPT-5.4 Pro). The API version of the model will be available with context windows as large as 1 million tokens, by far...
On Thursday, OpenAI released a GPT-5.4, a new foundation model billed as “our most capable and efficient frontier model for professional work.” In addition to the standard version, GPT-5.4 is also available as a reasoning model (GPT-5.4 Thinking) or optimized for high performance (GPT-5.4 Pro). The API version of the model will be available with context windows as large as 1 million tokens, by far the largest context window available from OpenAI. OpenAI also emphasized improved token efficiency, saying GPT-5.4 was able to solve the same problems with significantly fewer tokens than its predecessor. The new model comes with significantly improved benchmark results, including record scores in computer use benchmarks OSWorld-Verified and WebArena Verified. The new model also scored a record 83 percent on OpenAI’s GDPval test for knowledge work tasks. GPT-5.4 also took the lead on Mercor’s APEX-Agents benchmark, designed to test professional skills in law and finance, according to a statement from Mercor CEO Brendan Foody. “[GPT-5.4] excels at creating long-horizon deliverables such as slide decks, financial models, and legal analysis,” Foody said in the statement,” delivering top performance while running faster and at a lower cost than competitive frontier models.” GPT-5.4 continues the company’s efforts to limit hallucinations and factual errors. OpenAI said the new model was 33% less likely to make errors in individual claims when compared to GPT 5.2, and overall responses were 18% less likely to contain errors. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $400. Save up to $300 or 30% to TechCrunch Founder Summit 1,000+ founders and investors come together at TechC...
OpenAI is releasing a new flagship artificial intelligence model and a suite of financial-services tools that are meant to be better at tackling office work, ramping up competition with Anthropic PBC as the rival firm faces new risks from a showdown with the Pentagon. The model, GPT-5.4, is more capable of taking on tasks like generating spreadsheets, documents and presentations, and requires less...
OpenAI is releasing a new flagship artificial intelligence model and a suite of financial-services tools that are meant to be better at tackling office work, ramping up competition with Anthropic PBC as the rival firm faces new risks from a showdown with the Pentagon. The model, GPT-5.4, is more capable of taking on tasks like generating spreadsheets, documents and presentations, and requires less back-and-forth with a user, OpenAI said Thursday. It’s also meant to be better at using the web to get answers to tricky questions, such as by finding information from several sources, analyzing it and coming up with a response. The company also announced a new set of tools intended to help professionals streamline financial analysis, investment memos and other work. The product can connect with ChatGPT apps from financial data and research firms like FactSet Research Systems Inc. and Third Bridge. OpenAI said people can also use ChatGPT directly in Microsoft Excel and Google Sheets to make and examine financial models. OpenAI and Anthropic have been pushing to convince more business professionals to pay up for their services to offset the immense cost of developing AI systems and support their lofty valuations. Anthropic, in particular, has emphasized financial services professionals in some of its recent releases. The company also introduced Claude for Financial Services last year. The growing rivalry between the two firms coincides with a period of uncertainty for Anthropic’s business. On Friday, the Pentagon declared Anthropic a “ supply-chain risk ” after the AI developer demanded protections to ensure its technology not be used for mass surveillance of Americans or the deployment of fully autonomous weapons. Hours later, OpenAI struck an agreement to let the Pentagon deploy the company’s artificial intelligence models in the agency’s classified network. Chief Executive Officer Sam Altman later said OpenAI’s rush to forge a deal with the Defense Department looked “ op...