title: OpenAI Names India Top Global AI Market with Strong Coding Surge

description: US tech giant OpenAI announced India ranks among the world's most advanced AI markets, driven by exceptional adoption in coding and data analysis. The report highlights a significant surge in Codex usage, placing India in the global top five for per capita consumption. However, adoption remains concentrated in major urban centers like Delhi-NCR, Bengaluru, and Hyderabad, which account for half of all users.

continent: Asia

region: South Asia

country: India

Global AI Inc

name_eodhd: Global AI Inc

name_orig: Global AI Inc

ticker_serp: GLAI

level_3: information technology and computer science

level_3: agricultural technology

label: Curtain Raiser

label: Results Listings and Statistics

label: Analysis

sector: Information Technology

industry_group: Software & Services

industry: Software

sub_industry: Application Software

sector: Health Care

industry_group: Health Care Equipment & Services

industry: Health Care Technology

sub_industry: Health Care Technology

industry: IT Services

sub_industry: Internet Services & Infrastructure

subcategory: Customer Sentiment

event: Brand Recognition Improved

category: Competitive Dynamics

subcategory: Competitive Landscape

event: Competitor Entered Market

category: Sustainability

subcategory: Reporting

event: Human Rights Report Released

context: technology

context: intelligence

event: AID

technique: Obtain Capabilities

subtechnique: Artificial Intelligence

technique: Command and Scripting Interpreter

subtechnique: AutoHotKey & AutoIT

chapter: Codes for special purposes

block: International provisional assignment of new diseases of uncertain aetiology and emergency use

chapter: Supplementary Chapter Traditional Medicine Conditions

block: Module I

sport: chess

label: Hackathon

label: BusinessEvent

tier_2: Artificial Intelligence

tier_3: Artificial Intelligence

tier_4: Artificial Intelligence

tier_3: Technology Industry

tier_4: Technology Industry

tier_2: Technology & Computing

tier_3: Technology & Computing

tier_4: Technology & Computing

main_class: Commodities

sub_class: Agriculture

sub_class: Cryptocurrencies

goal: Industry, Innovation and Infrastructure

goal: Gender Equality

title: OpenAI Report: India in Top Tier Globally for AI Usage, Strong Surge in Codex Adoption

description: The report shows that AI usage in India is heavily concentrated in urban centres.

snippets: India also ranks among the top five countries globally in per capita usage of reasoning-based AI applications, according to the report. Users are increasingly relying on AI systems for structured problem-solving, technical analysis and advanced digital workflows rather than simple interactions.

snippets: New Delhi, April 15 (NationPress) OpenAI, the renowned US technology firm, announced on Wednesday that India is one of the leading AI markets globally, particularly excelling in coding, data analytics, and complex reasoning. The report highlighted that India stands among the top five countries worldwide in terms of individual reasoning capabilities, as measured by the reasoning tokens employed by ChatGPT Plus users.

snippets: This appears to be the first instance of OpenAI disclosing a state-wise analysis of ChatGPT usage in India, which has over 100 million weekly active users, making it one of the company's largest markets. OpenAI's findings further demonstrate that despite promises of AI as an equaliser, adoption of the technology is not evenly distributed geographically, specifically within a country.

title: India Emerges as a Leading AI Market, Says OpenAI

description: According to OpenAI, India stands out as one of the world's foremost AI markets with remarkable growth in coding and data analysis, particularly in major urban areas. This development presents a significant opportunity to expand AI access across the nation.

snippets: New Delhi, April 15 (IANS) US tech giant OpenAI on Wednesday said that India ranks among the world's most advanced AI markets, mainly in coding, data analysis and complex reasoning. India ranks among the top five nations globally in thinking capability usage per person, measured using reasoning tokens used by ChatGPT Plus users, the release from OpenAI said.

title: India among top five global AI markets, but usage remains city-centric: OpenAI

snippets: The report said India ranks among the top five countries globally in advanced "thinking capability" usage per person, measured through reasoning tokens used by ChatGPT Plus users. It added that Indian users are increasingly using AI for coding, data analysis and complex problem-solving.

title: India Ranks Among World's Most Advanced AI Markets: OpenAI

snippets: AI usage in India remains highly concentrated in a handful of cities, with advanced use even more unevenly spread, said the company, highlighting a significant opportunity to expand access beyond early adopters in the top few cities.

title: OpenAI report finds India among top 5 AI-using nations

description: OpenAI's latest report identifies India as a leading AI market in coding and data analysis, with Codex users quadrupling within two weeks of its launch.

snippets: OpenAI's latest report shows India is among the top five nations when it comes to using artificial intelligence. From coding, data analysis, and complex problem solving, Indians are embracing AI fast (a fourfold jump in Codex users was seen just two weeks after its February launch).

title: India ranks among world's most advanced AI markets: OpenAI

title: India Among Top AI Markets, OpenAI Reports

description: New Delhi, April 15 (IANS) US tech giant OpenAI on Wednesday said that India ranks among the world's most advanced AI markets, mainly in coding, data analysis and complex reasoning.India ranks among the top five nations globally in thinking capability usage per person, measured using reasoning tokens used by ChatGPT Plus users, the release from OpenAI said.The country is one of the fastest‑growing AI builder ecosystems with four-fold growth in Codex users in just two weeks after the launch o...

snippets: Despite India's competitive AI capabilities, the advanced AI usage is heavily concentrated in a limited number of urban centers such as Bengaluru, Hyderabad, Delhi, and Chennai. The top 10 cities in India account for approximately 50% of AI users, despite representing less than 10% of the population. Delhi-NCR stands out with the highest ChatGPT user penetration in the country.

title: OpenAI calls India advanced coding market, Codex users grow 4x in 2 weeks

description: OpenAI report highlights India as a leading AI market in coding data analysis and reasoning while pointing to gaps in access

snippets: While adoption is still at a nascent stage, similar approaches are being explored in other regions, including the Middle East and Southeast Asia, indicating a wider industry shift towards technology-led sales processes.

title: OpenAI Says India Among World's Most Advanced AI Markets

snippets: India ranks among the world's most advanced artificial intelligence markets, particularly in areas such as coding, data analysis, and complex reasoning, according to a new assessment from OpenAI.

title: Delhi-NCR leads ChatGPT adoption in India, top 10 cities account for 50% users: OpenAI study

description: In its first-ever report analysing the AI 'Capability Gap' in India, OpenAI said the adoption of its tools is three times more concentrated in top cities such as Delhi and Bengaluru than in comparable countries.

title: India among world's most advanced AI users but adoption uneven: OpenAI report

description: India ranks among the world's most advanced AI markets, particularly in coding, data analysis, and complex reasoning, but adoption here is 3-times more concent...

snippets: New Delhi, Apr 15 (PTI) India ranks among the world's most advanced AI markets, particularly in coding, data analysis, and complex reasoning, but adoption here is 3-times more concentrated in top cities than in comparable nations, OpenAI said on Wednesday citing its latest 'capability gap findings' for India.

title: India Among World's Most Advanced AI Users But Adoption Uneven: OpenAI Report

description: The top ten cities in India account for about 50% of all AI users, led by Delhi NCR, which has the highest population penetration of ChatGPT in the country.

snippets: Taken together, these cities represent less than 10 per cent of the population, making AI adoption about 3-times more concentrated in India than in comparable countries like the US, UK, Brazil, and Germany.

description: US tech giant OpenAI on Wednesday said that India ranks among the world's most advanced AI markets, mainly in coding, data analysis and complex reasoning. India ranks among the top five...

title: India among top AI markets globally, says OpenAI

description: OpenAI has said India is among the world's most advanced AI markets, with strong growth in coding and data analysis. However, usage remains concentrated in major cities, highlighting the need to expand access and skills across the country

description: NEW DELHI, Apr 15: India ranks among the world's most advanced AI markets, particularly in coding, data analysis, and complex reasoning, but adoption here is 3-times more concentrated in top cities than in comparable nations, OpenAI said on Wednesday citing its latest 'capability gap findings' for India.

title: India Emerges as One of the Most Advanced AI Markets, Says OpenAI

description: New Delhi, April 15: American tech company OpenAI announced on Wednesday that India has become one of the world's most advanced AI markets. The country excels particularly in coding, data...

snippets: New Delhi, April 15: American tech company OpenAI announced on Wednesday that India has become one of the world's most advanced AI markets. The country excels particularly in coding, data analysis, and solving complex problems.

title: Indians among most advanced AI users, but adoption uneven: OpenAI

description: India ranks among top AI users globally, but adoption remains concentrated in major cities, with sharp gaps in advanced usage, an OpenAI report said.

snippets: India is among the world's most advanced users of artificial intelligence (AI), particularly in coding, data analysis and complex reasoning, but adoption remains uneven and concentrated in a few urban centres, OpenAI said in a report on Wednesday.

title: India: Advanced AI User, Uneven Adoption

description: India is an advanced AI market but adoption is uneven, concentrated in top cities. OpenAI report highlights capability gaps and usage.

description: New Delhi, April 15 (SocialNews.XYZ) US tech giant OpenAI on Wednesday said that India ranks among the world's most advanced AI markets, mainly in coding, data analysis and complex reasoning. India ranks among the top... - Social News XYZ

title: India Among Top 5 Globally In Advanced AI Use: OpenAI

description: iNDICA NEWS BUREAU- India is emerging as one of the most advanced markets for artificial intelligen - India Among Top 5 Globally In Advanced AI Use: OpenAI

snippets: India is emerging as one of the most advanced markets for artificial intelligence, with strong adoption in areas such as coding, data analysis, and complex reasoning, according to a new assessment by OpenAI.

title: India Among World's Most Advanced AI Markets Says OpenAI Report

title: India among world's most advanced AI markets, says OpenAI: Here's what Indian users are searching for

description: In health and wellness, higher engagement is visible in regions such as Jammu & Kashmir, Punjab, Chandigarh, Himachal Pradesh, and Kerala.

snippets: India has emerged as one of the most advanced AI-using nations on the planet, yet the technology's reach remains stubbornly narrow, concentrated among a small cluster of urban centres while vast stretches of the country are yet to meaningfully participate — that is the central finding of OpenAI's latest capability gap assessment for India, released Wednesday.

title: India ranks top 5 in AI usage, but half its users live in just 10 cities — OpenAI's Capability Gap findings

snippets: The global AI landscape is experiencing a growing divide between "power users" and the general population, a phenomenon OpenAI describes as a "capability overhang". New data released by the organisation suggests that while India has emerged as one of the world's most advanced AI markets—ranking in the top five nations for "thinking capability" usage per person—the benefits remain concentrated in a few urban corridors.

title: India's AI Revolution: Bridging the Urban-Rural Divide

description: India is establishing itself as a frontrunner in the global AI landscape ranking amongst the worlds top five nations in AI deployment and skill according to OpenAIs recent capability gap findings

snippets: India is emerging as a leader in AI technology, ranking among the top five globally in AI usage and reasoning capability. Despite this, AI adoption remains heavily concentrated in major cities. Efforts are needed to spread these technological benefits nationwide, especially in education and health sectors in rural areas.

title: AI Adoption in India: Concentrated in Top Cities, But Potential Spreads

description: OpenAI reports India is a leading AI market with strengths in coding, data analysis, and reasoning, but adoption is heavily concentrated in top cities, highlighting a significant regional disparity.

title: Indians among most advanced AI users, but adoption remains uneven: OpenAI Report

description: OpenAI's report shows India is a leading AI user and builder ecosystem with advanced usage in coding and reasoning

snippets: OpenAI's recent report on the capability gap in India has revealed that the country is among the most advanced users of AI. Indians are extensive users of AI for data analysis and complex reasoning, but the report notes that adoption remains uneven and concentrated in a few urban centres.

title: India's AI growth story has a gap, metros dominate usage: OpenAI

description: Delhi-NCR leads in terms of ChatGPT penetration followed by other major hubs such as Bengaluru Hyderabad and Chennai

snippets: India is emerging as one of the world's most advanced artificial intelligence (AI) user markets, but the benefits of this progress remain heavily concentrated in a handful of large cities, according to new findings from OpenAI.

title: India's Open Source AI Boom Outpaces Patents, Says Stanford

description: India's growing share of high-impact open source AI projects is emerging as the clearest proof of its developer strength, even as Stanford flags weak patent

snippets: India is establishing itself as a frontrunner in the global AI landscape, ranking amongst the world's top five nations in AI deployment and skill, according to OpenAI's recent 'capability gap findings.


title: Europe Faces Six-Week Jet Fuel Shortage Risking Flight Cancellations

description: The International Energy Agency warns Europe may have only six weeks of jet fuel remaining due to global supply constraints. This shortage threatens widespread flight cancellations and schedule volatility for travelers. The crisis stems from reliance on Gulf oil, creating an unprecedented energy emergency that could severely disrupt international air transport and economic activity across the region.

continent: Europe

region: Western Europe

country: France

source: llm

sentiment: negative

materiality: high

time_horizon: weeks

forward_looking: forward

EasyJet PLC

wiki_page: EasyJet

name_eodhd: EasyJet PLC

name_figi: EASYJET PLC

name_kgid: easyJet

name_lei: EASYJET PLC

name_orig: EasyJet PLC

name_wiki: easyJet

ticker_wiki: EZJ

ticker_figi: EZJ

ticker_serp: EZJ

Cathay Pacific Airways Limited

name_eodhd: Cathay Pacific Airways Limited

name_kgid: Cathay Pacific Airways Limited

name_orig: Cathay Pacific Airways Limited

Delta Air Lines Inc

name_eodhd: Delta Air Lines Inc

name_kgid: Delta Air Lines

name_lei: Delta Air Lines, Inc.

name_orig: Delta Air Lines Inc

ticker_serp: DAL

level_1: economy, business and finance

level_2: products and services

level_3: energy and resource

level_1: environment

level_2: natural resource

level_3: energy resources (retired)

level_3: transport

label: Current Events

label: Forecast

sector: Energy

industry_group: Energy

industry: Oil, Gas & Consumable Fuels

sub_industry: Oil & Gas Refining & Marketing

sector: Industrials

industry_group: Transportation

industry: Passenger Airlines

sub_industry: Passenger Airlines

sub_industry: Oil & Gas Storage & Transportation

category: Business Operations

subcategory: Disruptions

event: Supply Chain Disruption

event: Emergency Shutdown

category: Public Relations

subcategory: Crisis Response

event: Crisis Statement Issued

context: disasters

context: economic

event: THREATEN

disaster_group: Natural

disaster_subgroup: Climatological

disaster_type: Drought

disaster_group: Technological

disaster_subgroup: Transport

disaster_type: Air

disaster_subgroup: Industrial accident

disaster_type: Oil spill

tactic: Impact

technique: Endpoint Denial of Service

subtechnique: Service Exhaustion Flood

tactic: Defense Evasion

technique: Unused/Unsupported Cloud Regions

tactic: Execution

technique: Scheduled Task/Job

subtechnique: Container Orchestration Job

chapter: Sleep-wake disorders

block: Insomnia disorders

chapter: External causes of morbidity or mortality

block: Exposure to extreme forces of nature

sport: endurance race (retired)

sport: motorcycle endurance (retired)

event_type: international championship (retired)

label: ConferenceEvent

label: EventSeries

label: Economic Consequences

label: Conflict

label: Responsibility

label: fear

label: surprise

label: anger

tier_1: Travel

tier_2: Travel Type

tier_3: Air Travel

tier_4: Air Travel

tier_1: Business and Finance

tier_2: Industries

tier_3: Aviation Industry

title: IEA Chief Warns Flights May Get Hit As Jet Fuel Stocks Run Low

snippets: It's a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for economic growth and inflation around the world," he remarked. The IEA, in its monthly oil market report, said exports from the Gulf region were the largest source of jet fuel for the global market. Refining companies in other major exporting countries, such as Korea, India and China, were themselves highly dependent on crude oil imports from the Middle East.

snippets: Birol described the unfolding situation as "the largest energy crisis we have ever faced". "It's a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for economic growth and inflation around the world," he remarked.

description: (MENAFN - IANS) New Delhi, April 16 (IANS) International Energy Agency chief Fatih Birol on Thursday warned that air travel in Europe would

title: IEA chief warns flights may get hit as jet fuel stocks run low

description: IEA chief warns flights may get hit as jet fuel stocks run low - New Delhi, April 16 International Energy Agency chief Fatih Birol on Thursday warned that air travel in Europe ... - Latest News. Find Breaking Headlines, Current and Latest business news at Lokmattimes.com

title: Europe could run out of jet fuel in six weeks, says IEA head

description: Europe could run out of jet fuel in six weeks, says IEA head | Financial News

snippets: The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa, and in Latin America," he said. "Then it will come to Europe and the Americas." Referring to the potential impact on Europe, Birol said that if the vital Strait of Hormuz isn't reopened we will soon hear "the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel".

snippets: Then it will come to Europe and the Americas." Birol warned that if the Strait of Hormuz is not reopened, Europe could soon face disruptions, saying, "I can tell you soon we will hear the news that some of the flights from city A to city B might be canceled as a result of lack of jet fuel." He also criticised Iran's so-called "toll booth" system for ships passing through the strait, cautioning that if it becomes permanent, it could set a precedent for similar measures in other key waterways,

description: The head of the International Energy Agency said on Thursday that Europe could run out of jet fuel in six weeks.

title: IEA warns Europe has 6 weeks of jet fuel left

description: Flight cancellations between European cities could come "soon" if oil flows through the Strait of Hormuz remain blocked

snippets: Birol also flagged concern about Iran's practice of charging fees to ships transiting the Strait, warning that allowing such a "toll booth" system to become permanent could set a precedent for other strategic waterways, including the Strait of Malacca in Asia.

description: New Delhi, April 16 (SocialNews.XYZ) International Energy Agency chief Fatih Birol on Thursday warned that air travel in Europe would be hit due to a shortage of jet fuel if the Strait of Hormuz remains... - Social News XYZ

title: EU Jet Fuel Shortage: Can Europe Survive 3 More Weeks?

description: EU jet fuel shortage is pushing Europe into an aviation crisis as Iran conflict cuts Gulf supplies, threatening 170 million travelers.

snippets: At this stage, we understand that if the passage through the Strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality for the EU,

snippets: Europe has "maybe 6 weeks or so (of) jet fuel left," the head of the International Energy Agency said Thursday in a wide-ranging Associated Press interview, warning of possible flight cancellations "soon" if oil supplies remain blocked by the Iran war. IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.

snippets: If you're flying abroad for vacation this summer, you may need to brace yourself for disruptions. Airports Council International Europe, a trade group for airfield operators, warned that the global oil shortage resulting from the war in Iran could begin to affect flight operations within weeks. "(A) systemic jet fuel shortage is set to become a reality for the EU," a letter from the organization to the EU's Commissioner for Sustainable Transport and Tourism said, according to a report from CNBC.

title: A fuel shortage could disrupt your international flight

description: With no certain plan to reopen the Strait of Hormuz, airlines and industry experts warn it could be a tough summer for travel as jet fuel runs low.

snippets: The risk of shortages is greatest in Asia, and to a lesser extent Europe, as they both rely on oil from the Gulf and its refineries for their supplies. "The situation can, within the next three, four weeks, become systemic," Rystad Energy economist Claudio Galimberti said on U.S. financial news channel CNBC on Tuesday about jet fuel shortages. "So you can have severe cuts of flights in Europe, already starting in May and June," he warned.

title: Europe warns of looming jet fuel shortage

description: Europe's airport industry and airline groups have warned that the continent could face a jet fuel shortage within in the next month unless the Str…

snippets: Last week, ACI Europe wrote to the European Commission saying shortages of jet fuel could start at the beginning of May if tankers were not sailing through the Strait of Hormuz before then, reported Reuters. Meanwhile, the International Energy Agency predicted fuel shortages by June if the region could replace only half of the supplies it normally got from the Middle East.

title: IEA Warns Europe Faces Jet Fuel Depletion Within Six Weeks

description: IEA head Fatih Birol warns Europe could run out of jet fuel by late May 2026 due to the ongoing Strait of Hormuz blockade and Middle East conflict.

snippets: International Energy Agency Executive Director Fatih Birol warned on Thursday, April 16, 2026, that Europe could exhaust its jet fuel supplies in as little as six weeks. The looming shortage stems from a continued blockade of the Strait of Hormuz amid the escalating Middle East crisis.

title: Europe faces jet fuel crisis amid Iran conflict

description: The International Energy Agency (IEA) has issued a stark warning that Europe may have only six weeks of jet fuel...

snippets: The information provided on this website is for general informational purposes only. Business Upturn does not provide investment, financial, or legal advice. Readers are advised to conduct their own research before making any financial decisions.

title: Jet Fuel Shortage In Europe Could Disrupt Air Travel, Warns IEA Chief

description: New Delhi, April 16 (IANS) International Energy Agency chief Fatih Birol on Thursday warned that air travel in Europe would be hit due to a shortage of jet fuel if the Strait of Hormuz remains closed, as stocks were already running low. Europe may have "only maybe 6 weeks or so of jet fuel left", and there could soon be flight cancellations if supplies remained blocked, Birol told the Associated Press.Stocks would reach a tipping point in June if Europe was unable to replace at least half of its...

snippets: Birol underscored that the repercussions of the jet fuel shortage would disproportionately affect developing nations initially, with Asia, Africa, and Latin America bearing the brunt before the crisis extends to Europe and the Americas. He also raised alarms about Iran's reported imposition of a "toll booth" system for ships passing through the Strait of Hormuz, warning of broader implications if such practices become widespread.

title: Dire strait': Europe may run out of jet fuel in 6 weeks warns IEA chief amid Iran war crisis – The Times of India

title: Jet Fuel Shortage Threatens European Flights Amid Iran Tensions

description: Europe's aviation industry faces a potential crisis as jet fuel supplies dwindle due to the ongoing conflict in the Middle East, raising fears of flight cancellations.

snippets: Amit Shah outlines updated Lok Sabha seats post-delimitation, addressing Southern states' concerns about representation.

snippets: En respuesta a estas perturbaciones, la Comisión Europea has introduced several emergency measures. The EU is working with fuel suppliers to diversify sources of supply and increase production at European refineries. Mapping refinery capacities across the continent is a crucial step. This allows the EU to understand how much fuel each refinery can produce and helps maximize production to meet the demand.

snippets: Britain's easyJet EZJ.L said on Thursday its bookings were lagging last year's, while Germany's Lufthansa LHAG.DE became the first major carrier to ground planes due to high jet fuel costs as airlines counted the cost of the Iran war.

title: Europe has just six weeks of jet duel left, IEA warns as flight cancellations loom

description: Europe may have only around six weeks of jet fuel remaining if disruption through the Strait of Hormuz continues, according to the head of the International…

snippets: Fatih Birol, executive director of the IEA, said Europe has "maybe six weeks or so" of aviation fuel left and warned that flight cancellations could begin soon if normal supply routes are not restored. His remarks were made in an interview with the Associated Press and reported by multiple international outlets.

title: Air travel faces 'unprecedented' fuel crisis as war squeezes supply, experts warn

description: As global fuel crunch drives up costs and uncertainty, analysts weigh in on whether to book now or wait.

snippets: April 7|Duration2:11As the war in the Middle East continues, the increase in gas prices is being felt at the pumps — and now it's starting to affect air travel. As CBC's Dale Manucdoc explains, several airlines are adding surcharges to certain bookings.

snippets: The short answer is probably not. Airlines are dealing with rising jet fuel costs two main ways. Some are adding fuel surcharges of up to $60 to tickets and others are incorporating fuel costs into base fares.

snippets: While war in the Middle East stretches past the six-week mark and fuel prices have more than doubled, costs are starting to be passed onto consumers. One industry seeing the swift impacts of this is about to hit peak season: air travel.

description: Europe has "maybe six weeks" of jet fuel left, the head of the International Energy Agency said Thursday, warning of possible flight cancellations "soon" if ...

title: Europe has just 6 weeks of jet fuel left and flight cancellations are coming, IEA warns

title: IEA Chief Warns Europe May Have Six Weeks of Jet Fuel Left

snippets: Europe may have as little as six weeks of jet fuel remaining before shortages hit the aviation industry, the head of the International Energy Agency (IEA) warned Thursday. "In the past there was a group called 'Dire Straits,'" IEA Executive Director Fatih Birol told the Associated Press. "It's a dire strait now, and it is going to have major implications for the global economy.

title: Europe has 'maybe 6 weeks of jet fuel left,' warns energy chief

title: Your next flight could be more expensive as jet fuel costs soar

description: Airlines are facing higher costs, and one airport group in Europe has warned of the risk of a "systemic jet fuel shortage" if traffic through the Strait of Hormuz doesn't normalize by the end of this month.

snippets: A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid the war in Iran, airlines around the world are canceling flights and scaling back routes due to surging jet fuel prices. / Getty Images North America

title: Europe has around six weeks of jet fuel left

description: The International Energy Agency's warning Europe is running out of jet fuel.

snippets: The International Energy Agency's warning Europe has around six weeks of jet fuel left. Its chief says flight disruptions could start soon if oil supplies remain blocked by the Iran war. It follows similar warnings from airlines Ryanair and Virgin Atlantic, saying suppliers have guaranteed jet fuel until around mid-May, according to Bloomberg. IEA boss Fatih Birol says passengers could feel the impact soon…

title: IEA Chief's Big Warning Amid US-Iran War: Europe Has Maybe Six Weeks Of Jet Fuel

description: Fatih Birol says flight disruptions could begin soon if Middle East oil flows are not restored, as Europe's fuel reserves come under mounting pressure.

snippets: His comments follow a warning from Airports Council International Europe, which wrote to European Union energy and transport commissioners last week saying the bloc was only three weeks away from shortages. Under normal circumstances, airports and airlines generally maintain around six weeks of fuel reserves.

title: AP Exclusive: Europe could run out of jet fuel within weeks, IEA warns

description: The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left. In an interview Thursday, Fatih Birol told The Associated Press of his concerns about possible flight cancellations if oil supplies remain blocked by the Iran war. He described the situation as the largest energy crisis ever, with potential significant global repercussions. The Strait of Hormuz closure affects oil, gas and other vital supplies.

snippets: 1 of 6 | Europe has "maybe 6 weeks or so (of) jet fuel left," the head of the International Energy Agency Fatih Birol said Thursday in a wide-ranging Associated Press interview, warning of possible flight cancellations "soon" if oil supplies remain blocked by the Iran war.

title: IEA: Europe will run out of jet fuel in six weeks unless tankers move, refineries restart

description: Travelers may see summer trips abroad upended if the Iran war's damage to global oil trade.

snippets: Refineries have to reheat and fire back up in China and India and once they receive that oil. There's about a week lag time to getting a refinery fully back online, and that's with stable oil supply showing up. That's not just with an oil supply here and there showing up – that's not real feasible, either. They don't want to restart their facility until they have at least a week or two of crude oil ready to go," De Haan said.

snippets: Rising jet fuel costs have already pushed some airlines to increase fees. Last week, Delta Air Lines rolled out a $10 increase for passengers on short-haul international flights to check their first two bags and a $50 increase to check a third, now costing $45, $55 and $200, respectively. United Airlines and Jet Blue also have also recently raised baggage fees.

snippets: The warning follows a period of mounting pressure on global jet fuel markets. Between late February and early April, the cost of jet fuel at U.S. airports surged — from $2.50 a gallon on Feb. 27 to $4.88 a gallon by April 2, a near-doubling in price. Among carriers already responding to the crunch, SAS announced it is pulling 1,000 April departures from its schedule, and Ryanair CEO Michael O'Leary indicated the airline may trim its summer flying program should fuel supplies fail to recover, CNBC reported.

title: Airlines cut flights as Iran war sends jet fuel costs soaring

snippets: Last week, the Airports Council International Europe (ACI) warned that a fuel crunch would "significantly harm the European economy", in a letter to the European Commission.


title: TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

description: Taiwan Semiconductor Manufacturing Company reported a record net profit of NT$572.48 billion for the first quarter of 2026, fueled by extremely robust global demand for artificial intelligence hardware. CEO C.C. Wei highlighted strong customer signals and raised revenue forecasts to meet the booming AI chip market, though potential Middle East conflicts remain a monitored risk factor for the supply chain.

region: East Asia

country: Taiwan

sentiment: positive

time_horizon: quarters

forward_looking: not-forward

NVIDIA Corporation

name_eodhd: NVIDIA Corporation

name_kgid: Nvidia

name_lei: NVIDIA CORPORATION

name_orig: NVIDIA Corporation

name_wiki: Nvidia

ticker_wiki: NVDA

ticker_serp: NVDA

Taiwan Semiconductor Co Ltd

name_eodhd: Taiwan Semiconductor Co Ltd

name_figi: TAIWAN SEMICONDUCTOR CO LTD

name_kgid: Taiwan Semiconductor Company Limited

name_orig: Taiwan Semiconductor Co Ltd

name_wiki: Taiwan Semiconductor Company Limited

ticker_serp: TSM

Apple Inc.

name_eodhd: Apple Inc.

name_kgid: Apple

name_orig: Apple Inc.

name_wiki: Apple Inc.

level_3: computing and information technology

level_1: science and technology

level_2: technology and engineering

level_2: business information

level_3: business reporting and performance

label: Advertiser Supplied

industry_group: Semiconductors & Semiconductor Equipment

sub_industry: Semiconductors

sub_industry: Semiconductor Materials & Equipment

industry_group: Technology Hardware & Equipment

industry: Electronic Equipment, Instruments & Components

sub_industry: Electronic Manufacturing Services

category: Earnings Insights

subcategory: Earnings Outcomes

event: Earnings Beat Expectations

category: Investor Relations

subcategory: Quarterly Report

event: Quarterly Report Published

event: Quarterly Report Announced

context: technology

context: economic

context: crime

disaster_type: Collapse (Industrial)

disaster_type: Fire (Industrial)

disaster_subgroup: Meteorological

disaster_type: Extreme temperature

tactic: Initial Access

technique: Supply Chain Compromise

subtechnique: Compromise Hardware Supply Chain

tactic: Resource Development

tactic: Privilege Escalation

technique: Abuse Elevation Control Mechanism

subtechnique: TCC Manipulation

chapter: Extension Codes

block: Health Devices, Equipment and Supplies

block: Topology Scale Value

sport: eSports

label: SportsEvent

label: happiness

tier_1: Technology & Computing

tier_2: Computing

tier_3: Computing

tier_4: Computing

main_class: Equities

sub_class: Emerging Market Equities

description: Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies Taiwanese chip giant, Taiwan Semiconductor Manfuacturing Co, said Thursday its net profit surged to a fresh record in the first quarter, fueled by the global artificial intelligence race despite the war in the Middle East. Massive demand for AI hardware means business is booming for TSMC -- the biggest contract maker of microchips used in everything from Apple phones to Nvidia processors.

snippets: Middle East tensions add a layer of macro uncertainty, but AI spend should stay insulated, barring a protracted conflict." TSMC's good news was bad news for PC manufacturers, who are facing a rare double-whammy: TSMC's foundry price hikes are converging with memory cost inflation, creating a cost squeeze that's already forcing retail price increases. The math is straightforward-chips cost more to make, and memory modules are pricier to buy-and the result is a fundamental upward pressure on every PC built.

snippets: TSMC's 2026 price adjustments target the advanced nodes that power premium laptops and desktops. The company notified clients that prices for sub-3nm processes will rise 3% to 10% starting January 1, 2026, with the exact increase depending on the node 3%-10% by node. TSMC currently sells 3nm wafers for approximately $20,000 each, and 2nm wafers will exceed $30,000 when mass production begins 3nm at ~$20,000, 2nm above $30,000. These are the chips that go into flagship devices, and the cost differential is material.

title: TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

description: Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...

snippets: TSMC reported net profit of T$572.48 billion ($18.15 billion) for Q1 2026, a remarkable 58.3% increase compared to the same period last year, beating Bloomberg consensus estimates of T$542.38 billion. This milestone was supported by a 35% year-over-year revenue surge, with total revenue reaching T$1.134 trillion during the quarter.

snippets: His remarks were likely to ease investor worries about the impact of the war. He added full-year revenue in U.S. dollar terms would grow more than 30% - that's up from a previous forecast of close to 30%. While capital expenditure would be at the high end of its earlier guidance of $52 billion to $56 billion. Looking ahead, TSMC forecast sales between $39 billion and just over $40 billion for the current quarter.

snippets: TSMC's CEO C.C. Wei described AI-related demand during an analyst call as extremely robust, adding that advances in the technology are consistently driving increased computation needs and therefore greater demand for the company's products. He expressed strong conviction in what he characterized as a multi-year AI megatrend, one he believes will continue to make semiconductor demand fundamentally durable.

title: Strong ASML, TSMC forecasts signal AI spending boom is intact

snippets: ASML, the world's largest supplier of chip-making tools, also lifted its annual revenue forecast on Wednesday. "ASML's positive numbers generally paint a favorable picture for the semiconductor industry, even amid AI bubble concerns," said Giuseppe Sette, co-founder and president of investment analysis platform Reflexivity.

snippets: Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such as Nvidia, Advanced Micro Devices and Broadcom, all of which rely on TSMC, the world's dominant producer of cutting-edge processors.

title: TSMC posts record profits on continued AI demand

description: Taiwan Semiconductor Manufacturing Company's logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong.Here are the company's results versus LSEG SmartEstimates, which are weighted…

snippets: He added that advances in AI are driving increased computation and, thus, demand. Wei noted that TSMC has received strong signals and a positive outlook from customers, reinforcing its conviction in a multi-year AI growth trend. TSMC forecast full-year 2026 revenue growth of more than 30% year over year in U.S. dollar terms. Meanwhile, it projected second-quarter revenue of $39 billion to $40.2 billion, representing a 10% sequential increase.

title: TSMC Reports Record Q1 Profit Driven by Strong AI Chip Demand

description: Taiwan Semiconductor Manufacturing Company (TSMC) has reported a surge in first-quarter earnings, marking a fourth consecutive…

snippets: To mitigate these risks and meet the projected growth in AI demand, TSMC is aggressively expanding its capacity. During an earnings call in January, the company indicated that capital spending for the current year is expected to rise by as much as 37%, with a projected budget between $52 billion and $56 billion.

description: Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced...

title: Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies – FREEDOMBUNKER

description: Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artifici...

snippets: AI (demand) is so strong … Our customers, and customers of customers – who are mainly the cloud service providers – continue to provide us with their very strong signal and positive outlook," TSMC CEO C.C. Wei said on an analyst call.

description: Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such […]

description: Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong...

description: Strong ASML and TSMC forecasts reveal surging AI chip demand and sustained data center investment, as tech giants accelerate spending.

snippets: AI (demand) is so strong ... Our customers, and customers of customers - who are mainly the cloud service providers - continue to provide us with their very strong signal and positive outlook," TSMC CEO C.C. Wei said on an analyst call.

title: Morning Bid: Truce trades ramp up as Trump touts Israel-Lebanon talks

description: A look at the day ahead in European and global markets from Gregor Stuart Hunter Global equities are setting new records and the dollar is down for a ninth consecutive day to its weakest levels since the Iran war began as traders ramped up bets […]

snippets: In Taiwan, emerging-market bellwether TSMC, a linchpin of the AI sector, is set to post quarterly earnings later on Thursday, with a 50% surge in net profit expected as demand for its advanced chips soars. In currency markets, the U.S. dollar index was down 0.1% as geopolitical worries eased and traders brought forward expectations of monetary policy easing from the Federal Reserve. On Wednesday, Trump threatened to fire Fed Chair Jerome Powell from his separate seat on the U.S.

title: TSMC Reports 58% Earnings Jump Driven by Surge in AI Chip Demand

description: On Thursday, Taiwan Semiconductor Manufacturing Company (TSMC) reported remarkable earnings for the first quarter, fueled by sustained demand for AI chips, resu

snippets: The company reiterated that capital expenditure for 2026 will be at the upper end of its previously projected range of $52 billion to $56 billion, as it intensifies expansion efforts to meet ongoing demand.

description: April 16 : Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs.The results suggest that demand stayed strong for AI chip designers such as Nvidia, A


title: Netflix Co-Founder Reed Hastings Steps Down From Board After 29 Years

description: Netflix co-founder Reed Hastings will leave the company board in June following a strong first quarter earnings report. Despite beating profit expectations, the stock dropped due to a softer second quarter forecast and the leadership change. Hastings plans to focus on philanthropy after nearly three decades of guiding the streaming giant.

continent: North America

region: North America

country: United States

time_horizon: days

Netflix Inc

name_eodhd: Netflix Inc

name_kgid: Netflix

name_lei: NETFLIX, INC.

name_orig: Netflix Inc

name_wiki: Netflix, Inc.

ticker_wiki: NFLX

ticker_serp: NFLX

Discovery Inc

name_eodhd: Discovery Inc

name_figi: DISCOVERY INC - A

name_kgid: Discovery

name_orig: Discovery Inc

name_wiki: Discovery, Inc.

ticker_wiki: DISCA

ticker_serp: DISCA

name: Paramount Skydance Corporation Class B Common Stock

name_eodhd: Paramount Skydance Corporation Class B Common Stock

name_kgid: Paramount Skydance

name_orig: Paramount Skydance Corporation Class B Common Stock

name_wiki: Paramount Skydance

ticker_serp: PSKY

level_3: media and entertainment industry

level_3: business restructuring

level_3: business governance

label: Press Release

label: Quote

sector: Communication Services

industry_group: Media & Entertainment

industry: Entertainment

sub_industry: Movies & Entertainment

sector: Real Estate

industry_group: Equity Real Estate Investment Trusts (REITs)

industry: Health Care REITs

sub_industry: Health Care REITs*

industry: Residential REITs

sub_industry: Single-Family Residential REITs*

category: Corporate Governance

subcategory: Board Composition

event: Board Member Resigned

subcategory: Executive Leadership

event: Chief Executive Officer Departed

event: Board Member Removed

event: RETREAT

mode: resign

event: REJECT

mode: yield

event: REQUEST

disaster_subgroup: Hydrological

disaster_type: Flood

disaster_type: Explosion (Industrial)

disaster_subgroup: Biological

disaster_type: Epidemic

technique: Indicator Removal

subtechnique: Network Share Connection Removal

tactic: Exfiltration

technique: Exfiltration Over Web Service

subtechnique: Exfiltration to Cloud Storage

subtechnique: Exfiltration Over Webhook

chapter: Mental, behavioural or neurodevelopmental disorders

block: Impulse control disorders

block: Sleep-related movement disorders

chapter: Certain infectious or parasitic diseases

block: Viral hepatitis

sport: heavyweight (boxing) (retired)

sport: coxless four (retired)

sport: coxed four (retired)

label: OnDemandEvent

label: ScreeningEvent

label: Human Interest

label: sadness

tier_3: Entertainment Industry

tier_4: Entertainment Industry

title: Co-founder Reed Hastings to step down from Netflix board

description: Co-founder's decision to not seek re-election 'not as a result of any disagreement', company says in SEC filing

snippets: Reed Hastings, the Netflix chair, is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery. In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits. The company's stock dropped about 8% on the news of Hastings' departure.

snippets: In a letter to investors released Thursday, the company said Hastings plans to focus on philanthropy and other pursuits. The leadership transition comes shortly after Netflix exited a high-profile bidding war for Warner Bros. Discovery, a deal ultimately won by Paramount. The company reiterated that the acquisition had always been a "nice to have, not need to have" opportunity. Netflix emphasized that its long-term strategy remains intact.

snippets: Netflix co-founder and executive chairman Reed Hastings will not seek re-election to the company's board of directors once his term expires in June, the company announced on Thursday. Hastings' decision, announced in Netflix's first-quarter earnings results, comes less than three years after he stepped down as co-CEO and became the board's executive chairman. Ted Sarandos, Hastings' co-CEO, has since split the job with Greg Peters.

title: Netflix co-founder and chair Reed Hastings to leave board

description: Hastings helped to transform the video rental industry — first with physical, then digital, delivery.

snippets: Reed Hastings, the co-founder and chairman of Netflix, is leaving the company's board when his term expires this summer. Hastings is stepping aside to focus on "philanthropy and other pursuits," the company said in a letter to shareholders.

title: Reed Hastings To Exit Netflix Board After 30 Years, Marking End of an Era

description: Reed Hastings, co-founder of Netflix (NASDAQ: NFLX), is stepping down from the company's board of directors, closing a nearly 30-year chapter with the streaming giant. The announcement, made during Netflix's Q1 2026 earnings release on Thursday, confirmed Hastings will not stand for re-election at the annual meeting in June. Hastings, who co-founded Netflix in 1997 […]

snippets: My real contribution at Netflix wasn't a single decision; it was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come," he said.

title: Reed Hastings, Co-Founder and Chairman of Netflix, to Resign from Board of Directors

snippets: Reed Hastings, co-founder and chairman of Netflix, will be departing from the company's board at the conclusion of his term this summer. Hastings intends to concentrate on "philanthropy and other ventures," as mentioned in a letter to shareholders.

title: Ted Sarandos: Reed Hastings' Netflix Exit Not About Failed Bid For Warner Bros

description: If anyone was looking for sharp elbows at Netflix between the now exiting Reed Hastings & his successors over the abandoned WB bid, Ted Sarandos has bad news for you.

snippets: Reed was a big champion for that deal," Sarandos added, pulling back the curtain a bit on the Netflix's co-founder's POV on the $89 billon bid the company made late last year for WB's streaming and studio assets. "He championed it with the board. The board unanimously supported the deal.

snippets: Netflix proposed the $27.75 per-share deal for Warner Bros. in January. Warner Bros. accepted, and then in February 2026 Warner Bros. told Netflix that David Ellison's Paramount Skydance had submitted a better proposal. Paramount Skydance paid Netflix a $2.8 billion termination fee in the deal.

snippets: Netflix proposed the $27.75 per-share deal for Warner Bros. in January, Warner Bros. accepted, and then in February 2026 Warner Bros. told Netflix that David Ellison's Paramount Skydance had submitted a better proposal. Paramount Skydance paid Netflix a $2.8 billion termination fee in the deal.

title: Netflix cofounder and chairman Reed Hastings to step down from board of directors

description: Netflix cofounder and chairman Reed Hastings will step down from the streaming service's board of directors in June when his term expires, the company said...

snippets: Netflix cofounder and chairman Reed Hastings will step down from the streaming service's board of directors in June when his term expires, the company said on Thursday.

title: Reed Hastings Exits Netflix: "So Strong That I Can Now Focus On New Things

description: Reed Hastings is leaving Netflix, the media […]

snippets: Reed has been a singular source of inspiration for me, personally and professionally, since we met in 1999," Sarandos said Thursday of the former CEO, harking back to the days when Netflix delivered DVDs via the mail in those snappy red envelopes.

snippets: Sarandos, who appeared to be getting a bit misty-eyed, then added more praise for Hastings: "I want to say on a personal note, I've been very fortunate in my life to have great bosses, people who've inspired me, who've coached me, who gave me opportunities. Reed did these things at levels unimaginable. You know, Reed is an economist and an engineer in his head, but he's a teacher in his heart.

snippets: It's the end of the Reed Hastings era at Netflix: The co-founder, chairman and former CEO of the company he transformed from a DVD-by-mail shipper to the world's biggest premium entertainment streaming service will depart from the Netflix board in June. On the Netflix Q1 earnings interview with analysts, co-CEOs Ted Sarandos and Greg Peters […]

title: Netflix chairman and co-founder to step down from board in June

snippets: My real contribution at Netflix wasn't a single decision; it was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come," Hastings added. "A special thanks to Greg and Ted, whose commitment to Netflix's greatness is so strong that I can now focus on new things.

title: Reed Hastings to Exit Netflix Board of Directors

description: Netflix founder Reed Hastings is stepping aside from the board of directors to focus on his philanthropic efforts.

snippets: And fellow co-chief Greg Peters noted: "Reed will always be Netflix's founder and biggest champion—he is a part of our DNA. His vision, entrepreneurship, and steadfast commitment to our values have shaped every stage of our journey and continue to shape how Ted and I lead Netflix today.

title: Netflix co-founder Reed Hastings is officially leaving the company

description: Netflix has announced that co-founder Reed Hastings is leaving the company after nearly 30 years.

snippets: Netflix co-founder and chairman Reed Hastings plans to leave the company after nearly 30 years. The news comes as part of Netflix's Q1 2026 earnings results released on Thursday, which says Hastings "will not stand for re-election to our Board when his current term expires at the Annual Meeting in June.

title: Netflix shares fall on weak Q2 guidance with co-founder Reed Hastings set to exit board

description: Netflix Inc (NASDAQ:NFLX, XETRA:NFC) reported first quarter financial results that topped Wall Street expectations, with stronger-than-anticipated revenue...

snippets: Earnings per share came in at $1.23, well ahead of consensus estimates of $0.78 and significantly higher than $0.66 in the same period last year. The company said results were boosted by stronger-than-forecast operating income and a $2.8 billion termination fee related to the previously discussed Warner Bros transaction, which was recorded in interest and other income.

title: Reed Hastings to Exit Netflix Board, Marking End of an Era for Streaming Pioneer

description: Reed Hastings, the cofounder and longtime leader of Netflix, will step down from the company's board of directors in June when his term expires

snippets: He assumed the CEO role in the late 1990s after co-founding the company with Marc Randolph, and remained at the helm until stepping down in 2023. Under his leadership, Netflix not only reshaped how audiences consume film and television but also redefined the economics of the entertainment industry through its subscription-based model and aggressive investment in original programming.

title: Reed Hastings to Exit Netflix Board

description: Netflix co-founder and chairman Reed Hastings, who served as CEO for 25 years and dramatically shook up the entertainment business, is leaving the streaming giant's board of directors. Hastings will depart the Netflix board when his current term expires at the annual meeting in June, "in order to focus on his philanthropy and other pursuits," […]

title: Reed Hastings's exit from $455 billion Netflix 'had nothing to do with' failed Warner Bros. deal

description: The 65-year-old cofounder and former CEO of the world's largest streaming service announced on Thursday that he won't stand for reelection to the board at the company's annual shareholder meeting in J

snippets: The analyst who raised the question Thursday noted that Hastings has historically opposed large acquisitions, but Sarandos said the Netflix founder was fully supportive of the plan to purchase Warner Bros. Discovery's studio business and streaming platform HBO Max for an enterprise value of $82.7 billion.

title: Ted Sarandos states Reed Hastings's departure from $455 billion Netflix is unrelated to the failed Warner Bros. deal –...

title: Reed Hastings's exit from $455 billion Netflix 'had nothing to do with' the failed Warner Bros. deal, says Ted Sarandos

description: Netflix's stock price sank 9% in after-hours trading on Thursday.

title: Reed Hastings' exit from $455 billion Netflix 'had nothing to do with' the failed Warner Bros. deal, says Ted Sarandos

description: Netflix stock price sunk 9% in after-hours trading on Thursday.

description: Reed Hastings is leaving Netflix, the media pioneer he co-founded 29 years ago.

title: Netflix Co-Founder Exits Company After 29 Years

description: Netflix's co-found Reed Hastings is shockingly leaving the massive streaming platform after nearly thirty years.

snippets: Reed Hastings is stepping away from Netflix, nearly three decades after helping launch the streaming platform. Hastings, who has already reduced his day-to-day involvement in recent years to focus on real estate projects and philanthropy, will not seek re-election to Netflix's board. His current term is set to conclude at the company's annual meeting in June. His comments follow the company's latest earnings update.

title: Netflix co-founder Hastings exits as streaming pioneer hunts for growth

description: Netflix Chairman Reed Hastings is quitting the streaming service he co-founded 29 years ago. The departure of Hastings, 65, comes at an inopportune time. The company is searching for new...

snippets: The entrepreneur forged Netflix's unique performance culture in a moment of crisis, when funding for internet startups had dried up, and Hastings was forced to lay off one-third of his employees. This culling of everyone but the "keepers" led to a surge of productivity that laid the foundation for the Netflix Way, Hastings wrote in his book, "No Rules Rules.

title: Netflix co-founder Reed Hastings makes shock exit, sending shares tumbling

snippets: Netflix Chairman Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72 billion deal for Warner Bros Discovery. In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits. The company's stock plunged around 8% on the news of Hastings' departure.

title: Netflix shares plunge after weak guidance and news that cofounder Reed Hastings will leave the board

description: Netflixs post-Warner Bros. honeymoon is over.

snippets: Netflix's stock dropped by over 9% in after-hours trading. Netflix beat both revenue and earnings estimates last quarter, the company told investors on Thursday afternoon. However, Netflix's second-quarter guidance came in below Wall Street's estimates.

title: Netflix shares plunge 10% on Q2 guidance miss, co-founder Hastings exit

description: Netflix shares plunge 10% on Q2 guidance miss, co-founder Hastings exit

snippets: Investing.com -- Netflix forecasted second-quarter (Q2) profit below Wall Street estimates and announced the departure of Chairman Reed Hastings, sending its shares tumbling more than 10% after the Friday market open.

title: Netflix cofounder Reed Hastings to exit in June - The Economic Times

description: In a letter to traders launched on Thursday, Netflix stated Hastings is not going to stand for re-election at its annual assembly in June and plans to

snippets: The firm didn't say the way it plans to spend the $2.8 billion termination charge it acquired after shedding the Warner Bros film studio and HBO, and lifted its earnings per share to $1.23 within the first quarter in contrast with 66 cents per share in the identical quarter final 12 months.

title: Netflix chair Reed Hastings exits as earnings beat, stock drops

description: Shares of Netflix fell sharply on Thursday after the company announced that co-founder and chairman Reed Hastings will step down, even as the streaming giant reported better-than-expected first-quarter results.The stock declined around 8% in after-market trading after the announcement, reflecting i…

title: Netflix Bosses Bestow Heartfelt Praise on Reed Hastings as He Sets Exit: 'Selfless, Disciplined and Graceful

description: It's the end of the Reed Hastings era at Netflix: The cofounder, chairman and former CEO of the company that he transformed from a DVD-by-mail shipper into...

title: Netflix plunge after hours on Q2 guidance miss, says co-founder Hastings to exit

description: Netflix plunge after hours on Q2 guidance miss, says co-founder Hastings to exit

snippets: In a letter to investors released on Thursday, Netflix also said Chariman Reed Hastings will not stand for re-election at its annual meeting in June and will be leaving the streaming service he co-founded 29 years ago as he plans to focus on philanthropy and other pursuits.

title: Netflix Shares Fall 8% on Q2 Miss Despite Q1 Beat and Hastings Board Exit

description: Netflix shares dropped 8% in extended trading on Thursday after the company reported stronger-than-expected first-quarter results…

snippets: Despite the beat, Netflix maintained its full-year revenue guidance of $50.7 billion to $51.7 billion and forecast second-quarter revenue of $12.57 billion, below the $12.64 billion Wall Street expected. Earnings per share guidance for the quarter was set at $0.78, under the $0.84 estimate, while operating income outlook of $4.11 billion fell short of the anticipated $4.34 billion.

title: Netflix co-founder Hastings to exit as company mulls its next move; shares fall

description: Netflix Chairman Reed Hastings is leaving the streaming service he co-founded 29 years ago as the company regains its footing after it lost its $72 billion deal for Warner Bros Discovery. In a let...

snippets: Netflix reaffirmed in a 14-page shareholder letter that its mission remains "ambitious and unchanged" – to entertain the world, providing movies and series for many tastes, cultures and languages. The company's full-year outlook remained unchanged.


title: QVC and HSN File Chapter 11 Bankruptcy Amid Retail Shift

description: QVC Group, owner of QVC and HSN, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. The home shopping giant faces massive debt and declining viewership as consumers shift to TikTok and influencers. This legal move aims to restructure operations after nearly four decades of defining American retail.

time_horizon: months

QVC Group Inc

name_eodhd: QVC Group Inc

name_figi: QVC GROUP INC

name_kgid: QVC Group

name_orig: QVC Group Inc

name_wiki: QVC Group

ticker_wiki: QVCA

ticker_figi: QVC

ticker_eodhd: QVCGB

HSN Inc

name_eodhd: HSN Inc

name_kgid: HSN, Inc.

name_orig: HSN Inc

ticker_serp: HSNI

level_3: sales channel

level_1: arts, culture, entertainment and media

level_2: mass media

level_3: television

label: Program

label: Current Events

sector: Consumer Discretionary

industry_group: Consumer Discretionary Distribution & Retail

industry: Broadline Retail

sub_industry: Broadline Retail

industry: Specialty Retail

sub_industry: Homefurnishing Retail

sub_industry: Apparel Retail

category: Credit Analysis

subcategory: Credit Events

event: Filed For Bankruptcy

event: Declared Insolvent

mode: change

context: economic

disaster_subgroup: Miscellaneous accident

disaster_type: Collapse (Miscellaneous)

technique: Financial Theft

block: Module II

block: Human immunodeficiency virus disease

sport: equestrian

sport: quadruple sculls (retired)

sport: vault (artistic gymnastics) (retired)

label: SaleEvent

label: BusinessEvent

tier_2: Business

tier_3: Business Banking & Finance

tier_4: Bankruptcy

tier_3: Retail Industry

tier_4: Retail Industry

tier_1: Shopping

tier_2: Holiday Shopping

tier_3: Holiday Shopping

tier_4: Holiday Shopping

sub_class: Public Equities

main_class: Alternative Investments

title: QVC and HSN file for Chapter 11 bankruptcy

description: The parent of QVC and HSN files for Chapter 11 amid debt, layoffs, and a rapid shift to digital shopping platforms.

snippets: For decades, QVC and HSN defined a uniquely American retail experience where millions tuned in, credit cards in hand, to snag deals from their living rooms. Now, those once-unstoppable TV shopping giants are facing a dramatic turning point. As their parent company moves to file for Chapter 11 bankruptcy amid massive debt and a steep decline in viewership, the story goes beyond financial trouble to reveal a drastic shift in how people shop.

snippets: QVC Group, the owner of QVC, HSN, and other home shopping brands, has announced plans to file for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. The company, which is based in West Chester, Pennsylvania, cited over $5 billion in debt as of the end of 2025 as the primary reason for the filing. QVC Group expects to continue operating during the bankruptcy process and emerge within 90 days.

snippets: The QVC Group bankruptcy filing is far from surprising. Reports surfaced in February that the company was negotiating a voluntary debt restructuring agreement with its creditors. It said just days before its scheduled fourth quarter earnings call on Feb. 26 that it was pushing the quarterly report back to sometime before the SEC's March 31 filing deadline.

title: QVC and HSN File for Bankruptcy amid TikTok Shopping Shift

description: QVC and HSN file for bankruptcy amid TikTok livestream shopping shift.

snippets: Although no assurance can be made as to a potential emergence date, QVC Group is targeting emergence from the Chapter 11 Cases within approximately 90 days." The specifics around the bankruptcy remain to be determined, though Chapter 11 allows a company to continue operating while it is restructured.

title: QVC is planning to file Chapter 11 bankruptcy after almost 40 years

description: QVC is reportedly preparing to file for Chapter 11 bankruptcy as the TV shopping giant battles a debt pile worth more than $5 billion while grappling with declining viewer figures and shifting shopping habits

snippets: Bloomberg reports that the shopping powerhouse is getting ready to file for Chapter 11 in the US Bankruptcy Court for the Southern District of Texas. Chapter 11 is a type of bankruptcy in the US which permits the restructuring of a company's operations, debts and assets, designed to keep the enterprise running and settling creditors gradually.

title: Are QVC & HSN Shutting Down as Owner Files for Bankruptcy?

description: The networks' parent company, QVC Group, is filing for Chapter 11 bankruptcy protection.

snippets: Back in February, Bloomberg reported the QVC Group was "negotiating a voluntary debt restructuring agreement with its creditors that could be implemented as part of a Chapter 11 bankruptcy process." The decisions come as the networks face debt and viewership decline.

snippets: Linear TV is a highly engaging, highly profitable platform and it remains our cornerstone. However, as traditional TV declines and a mix of video platforms takes a greater share of customer attention, we must hurry our expansion beyond TV to find growth," the company wrote in a March 2025 shareholders report, per THR. "We are fundamentally redefining who we are as a company and the role we play for our customers and in retail. We enter this next phase of our turnaround with rigor and excitement.

snippets: As we focus on our growth strategy to lean further into social and streaming, we are redefining who we are as a company and the role we play for our customers," David Rawlinson II, President and CEO, Qurate Retail, Inc., said in a statement at the time. "With a realigned organizational structure supporting QVC US and HSN together in certain parts of the business, we will work more efficiently, build new capabilities faster by operating together in one location,

snippets: The filing continued, "QVC Group and QVC, Inc. intend to request approval from the Bankruptcy Court for a variety of 'first day' motions to continue our ordinary course operations during the Chapter 11 Cases. Although no assurance can be made as to a potential emergence date, QVC Group is targeting emergence from the Chapter 11 Cases within approximately 90 days.

title: QVC says it will file for bankruptcy

description: QVC Group announced Wednesday that it plans to file for bankruptcy. The news follows weeks of speculation about the shopping network's financial distress. The company announced its plans in its annual report filing with the U.S. Securities and Exchange commission. It had delayed filing the report twice, most recently noting "that there remains substantial doubt about the company's ability to ...

snippets: West Chester, Pennsylvania-based QVC Group, which consists of QVC and HSN, had more than $5 billion in debt at the end of 2025, according to the report, and nearly $1.5 billion in cash or cash equivalents.

title: QVC Group to seek Chapter 11 bankruptcy to restructure debt

description: QVC Group (NASDAQ:QVCGA) has disclosed plans to seek Chapter 11 bankruptcy protection as part of a broader effort to restructure its debt of about $5...

snippets: QVC Group (NASDAQ:QVCGA) has disclosed plans to seek Chapter 11 bankruptcy protection as part of a broader effort to restructure its debt of about $5 billion while continuing normal operations, rather than shutting down.

title: Home shopping giant QVC Group to file for bankruptcy with massive debt

description: QVC Group said it will file for Chapter 11 bankruptcy in Texas as the West Chester home shopping giant struggles with $6.6 billion in debt and declining TV viewership.

title: West Chester-based QVC plans to file for bankruptcy, according to federal filings

description: The company merged with rival "Home Shopping Network" in 2017.

snippets: Its goal is to emerge from bankruptcy protection before the summer is over, but the company warned that its access to funding is difficult to predict. It noted significant fees and other costs in connection with the preparation for the bankruptcy protection.

title: QVC and HSN Owner Set to File for Chapter 11 Bankruptcy Protection as Home Shopping Habits Shift

description: QVC Group, which consists of home shopping TV brands HSN and QVC, is making big moves behind the scenes. According to an annual report filed with the...

snippets: Today marks a big step for us as we shape the future of live social shopping," QVC and HSN said via Instagram on Thursday, April 16. "QVC Group is taking action to strengthen our company for the long term, and we're determined to come out of this even stronger — so we can keep bringing you innovative products, compelling content & unforgettable moments. We're operating as usual across all our channels & platforms.


title: Kering Launches Structural Reset to Revive Flagging Gucci Sales

description: Luxury group Kering initiates a structural reset to reignite desirability for Gucci after first-quarter sales slid six percent. CEO Luca de Meo promises agility and renewed focus on execution. The group aims to double its recurring operating margin to at least 22 percent in the medium term, addressing challenges faced by the brand across global markets.

materiality: medium

Kering SA

wiki_page: Kering

name_eodhd: Kering SA

name_kgid: Kering

name_lei: KERING

name_orig: Kering SA

name_wiki: Kering

ticker_wiki: PPRUF

Gucci Group Nv

name_eodhd: Gucci Group Nv

name_figi: GUCCI GROUP NV

name_kgid: Gucci Group Italia Holding S.p.A.

name_orig: Gucci Group Nv

ticker_figi: GUC

ticker_serp: GUC

level_2: arts and entertainment

level_3: fashion

level_1: labour

level_2: unemployment

level_3: job layoffs (retired)

label: Curtain Raiser

industry_group: Consumer Durables & Apparel

industry: Textiles, Apparel & Luxury Goods

sub_industry: Apparel, Accessories & Luxury Goods

subcategory: Human Resources

event: Organization Restructured

subcategory: Earnings Guidance

event: Earnings Guidance Lowered

subcategory: Marketing Efforts

event: Rebranding Announced

disaster_type: Glacial lake outburst flood

tactic: Reconnaissance

technique: Gather Victim Org Information

subtechnique: Identify Business Tempo

subtechnique: Clear Persistence

tactic: Discovery

technique: Permission Groups Discovery

subtechnique: Local Groups

chapter: Diseases of the visual system

block: Glaucoma or glaucoma suspect

block: Disorders of the eyeball - posterior segment

sport: K4 (kayaking) (retired)

sport: K2 (kayaking) (retired)

sport: K1 (kayaking) (retired)

label: DeliveryEvent

label: Economic Consequences

label: Responsibility

label: Conflict

label: contempt

tier_1: Style & Fashion

tier_2: Designer Clothing

tier_3: Designer Clothing

tier_4: Designer Clothing

tier_3: Apparel Industry

tier_4: Apparel Industry

title: Kering CEO pledges to double profit margins and revive Gucci brand

description: Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by econom...

snippets: Gucci, which de Meo ranked alongside Ferrari and chocolate spread Nutella as one of Italy's icons, is being revamped under designer Demna, who took over last year after the styles of predecessor Sabato de Sarno failed to gain traction.

snippets: Doubling them from 11% last year, would bring the company more in line with industry peers. In slides detailing the strategic plan, Kering also said it would cut inventory - a drag on its profit and loss - by 1 billion euros ($1.18 billion) within 12 months. "The release remains light on near-term quantified guidance,

snippets: It has also impacted their business indirectly through reduced travel activity. "A turnaround story is easier to execute when the macro environment is booming," said Soliane Varlet, equity portfolio manager at Mirova. She added that inflation hit middle-class shoppers more than the ultra-rich, which could complicate things for Kering, whose brands mostly target aspirational shoppers.

description: Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and […]

description: Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic...

description: Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and war in the Middle East. In a more than three-hour […]

snippets: In a more than three-hour presentation to investors and analysts in Gucci's birthplace Florence, the former Renault boss said he would more than double Kering's profit margins, shrink and improve the company's store network and expand its jewellery sector.

snippets: De Meo said he aimed to make Gucci's styles unmistakable again while transforming the brand into a "fully client-obsessed organisation" with fewer stores but a better understanding of its clients across regions. He said he would more than double the share of high-margin leather goods in the revenue mix - or 1 billion euros of additional sales - by 2030. The tense geopolitical context is likely to complicate de Meo's mission.

description: Kering aims to double its operating profit margin from 11.1% to match industry peers through a new strategic plan, restoring fundamentals by 2028.

description: FLORENCE, Italy, April 16 : Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and war in the Middle East.In a more than three-hour presentation to in

description: De Meo pledges to reignite growth and boost efficiencyPlans to scale up jewellery to be less reliant on fashion cyclesAims to reduce and refurbish store networkShares...

snippets: FLORENCE, April 16 — Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and war in the Middle East.

title: Kering CEO promises to double profit margins and revitalize Gucci - News Room USA

description: Kering CEO Luca de Meo has pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship Gucci brand in a bid to reassure investors who are nervous due to economic uncertainty and war in the Middle East.

snippets: In a more than three-hour presentation to investors and analysts in Florence, the birthplace of Gucci, the former Renault boss said he would more than double Kering's profit margins, reduce and improve the company's store network and expand its jewelry sector.

title: Gucci to Revamp China Strategy as Kering CEO Calls for Major Overhaul

description: Kering CEO says Gucci can no longer treat China as an easy growth market and must revamp its retail strategy to rebuild its position in the luxury sector.

snippets: Gucci can no longer treat China like a 'trash bin', Kering CEO says By Tassilo Hummel FLORENCE, Italy, April 16 (Reuters) – Kering's biggest brand Gucci must rebuild its position in China after years of complacency when it treated the market as a place for easy growth, with poorly located stores and an outdated retail experience, Kering CEO Luca de Meo said on Thursday. For over a decade, […]

title: Kering CEO aims to double profit margins and revive Gucci in sweeping overhaul – eNews Malaysia

description: De Meo pledges to reignite development and enhance effectivity Plans to scale up jewelry to be much less reliant on style cycles Aims to cut back and

snippets: Gucci, which de Meo ranked alongside Ferrari and chocolate unfold Nutella as one in every of Italy's icons, is being revamped below designer Demna, who took over final yr after the types of predecessor Sabato de Sarno failed to acquire traction.

title: Kering Seeks to 'Reignite Desirability' with Gucci Reset

description: French luxury group Kering vowed Thursday to "reignite desirability" of its flagging Gucci label, once the jet set's most coveted brand, as it seeks to turn around its financial performance. The giant Paris-based fashion conglomerate, which also owns Yves Saint Laurent and Bottega Veneta, chose Florence, the birthplace of its flagship double-G brand, to unveil its turnaround plans to investors.

snippets: Kering said it had seen strong demand for Gucci products in North America, but JPMorgan analysts said this was likely a trend for all luxury brands, rather than just Gucci, and pointed to double-digit declines in all other regions.

snippets: - Structural reset - Across the group, sales slid by six percent in the first quarter of this year -- comparable to that suffered by rival LVMH. Kering plans a "structural reset" to be completed by the end of the year that will make it more efficient, to improve margins and restore financial discipline to its brands, the company said.

snippets: Kering promises to offer "the agility of a challenger, a renewed focus on desirability and a stronger commitment to execution," Chief Executive Luca de Meo said in a statement. Whether Kering's new plan -- called ReconKering -- will be enough to revive the struggling Gucci brand is yet to be seen, especially given the tough selling environment facing the entire luxury sector amid geopolitical tensions and more cautious consumer spending.

title: Kering seeks to 'reignite desirability' with Gucci reset

snippets: For the group as a whole, Kering envisions doubling its recurring operating margin in the medium term to reach at least 22 percent, while improving its return on capital -- another measure of profitability -- by 20 percent, helped by more controlled inventory and selective investments.

title: Luxury group Kering seeks to make flagging Gucci 'unmissable' again

description: French luxury group Kering promised Thursday to make its flagship Gucci brand once again "unmissable" and boost production of leather goods as it seeks to turn around its financial performance.

title: Luxury giant Kering to chart path for Gucci turnaround

description: When executives from luxury giant Kering sit down for an investors' day in Florence on Thursday, the troubled Italian fashion icon Gucci is likely to be foremost in their minds.

snippets: Shares in Kering are down 18 percent over the last six months. Although analysts at global bank HSBC believe 2026 could mark a rebound thanks to the tandem of de Meo and Demna, others are more sceptical about a return to the Gucci golden age under Tom Ford in the 1990s.

snippets: The giant Paris-based fashion conglomerate, which also owns Yves Saint Laurent and Bottega Veneta, is meeting in the birthplace of its flagship double-G brand which continues to weigh on its profitability and sales. Now under the management of Luca de Meo, the highly rated former head of Renault, Kering is hoping he can work some magic and rekindle what was once the bright spot in the group's fashion portfolio.

snippets: We just don't know." The financial balance of the entire Kering group is at stake, with Gucci accounting for around 40 percent of its revenues in 2025. Hopes also rest on the house's new creative director, the Gen Z streetwear favorite Demna Gvasalia, who moved over from Kering-owned Balenciaga in July last year after a stellar run at the Spanish heritage brand.


title: OpenAI Targets Business Users Amid Anthropic Competition for Profitability

description: OpenAI is pivoting its strategy to prioritize business users and high-value professional work to ensure profitability. Facing intense competitive pressure from rival Anthropic, the company plans to introduce new artificial intelligence models tailored for corporate needs. This shift aims to leverage its 900 million weekly users while securing revenue streams beyond consumer chatbot interactions.

Slack Technologies Inc

name_eodhd: Slack Technologies Inc

name_figi: SLACK TECHNOLOGIES INC- CL A

name_kgid: Slack

name_lei: SLACK TECHNOLOGIES, INC.

name_orig: Slack Technologies Inc

name_wiki: Slack Technologies

ticker_wiki: WORK

ticker_serp: WORK

level_3: business strategy and marketing

level_2: business enterprise

level_3: start-up and entrepreneurial business

label: Analysis

label: Advertiser Supplied

industry: Media

sub_industry: Advertising

industry_group: Pharmaceuticals, Biotechnology & Life Sciences

industry: Biotechnology

sub_industry: Biotechnology

event: Competitive Pressure Increased

subcategory: Sales Efforts

event: Major Partnership Announced

subcategory: Products and Services

event: New Service Launched

context: economic

context: technology

event: COOPERATE

disaster_type: Animal incident

technique: Search Closed Sources

subtechnique: Threat Intel Vendors

chapter: Pregnancy, childbirth or the puerperium

block: Maternal care related to the fetus, amniotic cavity or possible delivery problems

chapter: Diseases of the musculoskeletal system or connective tissue

block: Arthropathies

block: Anxiety or fear-related disorders

sport: mixed martial arts

label: Hackathon

label: ComedyEvent

label: anger

label: surprise

label: happiness

tier_3: Business

tier_4: Business

tier_3: Large Business

tier_4: Large Business

sub_class: Venture Capital

main_class: Digital Assets

sub_class: Private Equity

title: ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

description: The same ChatGPT chatbot that gave OpenAI's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her…

snippets: OpenAI, valued at $852 billion, and Anthropic, valued at $380 billion, both lose more money than they make, putting the privately-owned San Francisco-based AI research laboratories in a fierce competition to generate more revenue as they race toward becoming publicly traded on Wall Street.

snippets: We feel very excited about it," Friar said in an interview with The Associated Press. OpenAI boasts of more than 900 million weekly users of its core ChatGPT product, and Friar said about 95% of them "don't pay anything" for the popular chatbot. But while all those interactions build habits and reliance,

snippets: OpenAI is increasingly shifting its strategic focus towards business users as it faces growing competitive pressure from rival Anthropic, according to a report by Associated Press.

snippets: OpenAI boasts of more than 900 million weekly users of its core ChatGPT product, and Friar said about 95% of them "don't pay anything" for the popular chatbot. But while all those interactions build habits and reliance, they also strain the costly computing resources needed to power the company's AI systems and highlight the need for big business customers to help pay the bills.

description: <p>OpenAI executives say they will introduce a new artificial intelligence model for "high-value professional work" as the company faces heightened competition with rival Anthropic in attracting corporate customers to adopt AI assistants in their workplaces. OpenAI boasts of more than 900 million weekly users of its core ChatGPT product, but Chief Financial Officer Sarah Friar said about 95% of them "don't pay anything" for the popular chatbot.

title: ChatGPT maker OpenAI shifts focus to business users amid Anthropic pressure

description: The same ChatGPT chatbot that gave OpenAI 's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her

snippets: OpenAI says it will introduce a new artificial intelligence model for "high-value professional work" as the company faces heightened competition with rival Anthropic in attracting corporate customers to adopt AI assistants in their workplaces.

description: The same ChatGPT chatbot that gave OpenAI's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages. Friar and other company executives […]

snippets: The same ChatGPT chatbot that gave OpenAI's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages. Friar and other company executives are banking OpenAI's future on more of the latter as it shifts its focus to business-oriented products while shedding some of its consumer offerings as a pathway to profitability.

snippets: While most people can't use Mythos, Anthropic also on Thursday released Opus 4.7, describing it as its most powerful "generally available" model. OpenAI hours later introduced its own new specialized model called GPT-Rosalind, named after scientist Rosalind Franklin, that's designed to advance drug discovery and other life sciences research.

snippets: OpenAI, the renowned artificial intelligence research lab and creator of the popular language model ChatGPT, is making a strategic shift in its focus towards catering more to business users. This move comes amidst increasing pressure from Anthropic, a new AI startup founded by former OpenAI researchers.

title: ChatGPT maker shifts strategy towards business users amid mounting competition

description: OpenAI shifts focus to enterprise AI as competition with Anthropic intensifies, betting on advanced workplace models to drive revenue and long term profitability.

title: OpenAI shifts focus to business-oriented products for profitability


title: Global Instability Drives 2026 Gold Rates Higher Amid Inflation Fears

description: Rising global trade tensions and currency instability in 2026 are pushing gold prices upward as investors seek safety. Households in India prioritize gold as an inflation hedge when paper money loses value. Experts emphasize secure storage and insurance to protect assets during this period of heightened international strain and financial uncertainty.

Muthoot Finance Limited

name_kgid: Muthoot Finance

name_orig: Muthoot Finance Limited

name_wiki: Muthoot Finance Ltd

ticker_serp: MUTHOOTFIN

level_2: market and exchange

level_3: foreign exchange market

level_2: economy

level_3: currency

level_3: emerging market

label: Forecast

label: Results Listings and Statistics

sector: Materials

industry_group: Materials

industry: Metals & Mining

sub_industry: Gold

sub_industry: Precious Metals & Minerals

sub_industry: Silver

category: Reputational Risk

subcategory: Shareholder Sentiment

event: Investor Sentiment Declined

category: Technical Analysis

subcategory: Volatility

event: Implied Volatility Spiked

event: Implied Volatility Collapsed

context: economic

context: technology

disaster_type: Infestation

disaster_type: Gas leak

tactic: Credential Access

technique: Steal or Forge Kerberos Tickets

subtechnique: Golden Ticket

technique: Data Encrypted for Impact

chapter: Factors influencing health status or contact with health services

block: Factors influencing health status

event_type: international games (retired)

sport: uneven bars (artistic gymnastics) (retired)

event_type: Olympic Games

label: ExhibitionEvent

label: Human Interest

label: fear

tier_2: Economy

tier_3: Currencies

tier_4: Currencies

tier_3: Interest Rates

tier_4: Interest Rates

tier_3: Gasoline Prices

tier_4: Gasoline Prices

sub_class: Precious Metals

main_class: Fixed Income

sub_class: Inflation-Linked

main_class: Currencies & FX

sub_class: Emerging Market Currencies

goal: Partnerships for the Goals

goal: Reduced Inequalities

goal: Zero Hunger

description: New Delhi [India], April 16: The sound of gold bangles at a neighborhood jeweler often carries more meaning than a simple purchase. For years, these pieces have quietly held family savings against uncertain times. By mid-2026, that steady dependability starts to show up in a more practical way. For someone running a shop in Ludhiana or a small unit in Coimbatore, checking the gold rate today doesn't feel like just looking at a number anymore. It reflects a stronger safety net built over the past year.

snippets: Borrowing against it allows one to benefit from future price rises while using the money today. - Myth: "Every lender offers the same deal." - Fact: Security and transparency vary wildly. A reputable Financial Institution provides a clear "per gram" valuation and does not have hidden "valuation fees" that eat into the loan amount. Steps to Optimize Your Financial Position For anyone looking to navigate this high-price era, here are three expert recommendations: 1.

snippets: It is important for a responsible borrower to distinguish fact from fiction: - Myth: "Gold is just for hoarding in a locker." - Fact: In 2026, gold will be the most versatile financial tool. A Gold loan allows a person to use the capital "locked" in the jewelry without actually losing the jewelry itself. - Myth: "The gold rate will crash soon, so I should sell now." - Fact: Markets do fluctuate.

description: Why Global Events Are Driving Gold Rates Higher in 2026 - VMPL New Delhi [India], April 16: The sound of gold bangles at a neighborhood jeweler often carries more meaning ... - Latest News. Find Breaking Headlines, Current and Latest business news at Lokmattimes.com

description: The sound of gold bangles at a neighborhood jeweler often carries more meaning than a simple purchase. For years, these pieces have quietly held family savings against uncertain times. By mid-2026, that steady dependability starts to show up in a more practical way. For someone running a shop in Ludhiana or a small unit in Coimbatore, checking the gold rate today doesn't feel like just looking at a number anymore. It reflects a stronger safety net built over the past year. This rise is not random.

snippets: In such a high-stakes environment, the choice of a partner is the most critical decision. A well-established financial institution reduces risks around valuation, storage, and processing. Organizations such as Muthoot Finance follow structured processes, provide secure storage, and ensure standardized valuation practices. This helps avoid common issues seen in unorganized lending setups.

description: The sound of gold bangles at a neighborhood jeweler often carries more meaning than a simple purchase. For years, these pieces have quietly held family savings against uncertain times. By mid-2026, that steady dependability starts to show up in a more practical way. For someone running a shop in Ludhiana...

snippets: Historically, gold is the ultimate hedge against inflation. When the purchasing power of paper money drops, the value of gold typically climbs. This is one of the main reasons people closely track the Gold rate today, as it reflects how well their savings are holding value against rising costs. Transforming Gold into a Strategic Tool With gold prices at higher levels, it becomes easier to access funds without selling assets.

snippets: Prioritize Safety Above All: At higher gold values, proper storage and documentation become more important. Choosing a regulated institution ensures safety, insurance coverage, and proper records. Conclusion: Empowering Your Financial Future In 2026, gold became both more expensive and more relevant as a financial tool. Understanding why gold prices are rising allows better financial planning instead of reactive decisions.

snippets: When international relations get strained or when the dominant global currencies show signs of instability, the world's smartest money flows into "safe havens." Gold does not rely on any government or currency system. Its value comes from its physical nature and long history of trust. In uncertain times, this makes it a preferred store of value.

snippets: Their specialized vaults and insurance policies ensure that gold is as safe as it would be in a fortress, while their streamlined processes provide cash in hand in a matter of minutes. Comparing Options: Why Gold Loans Lead the Way Debunking Common Myths in the 2026 Market With gold prices at record highs, several misconceptions have started to circulate.

description: The sound of gold bangles at a neighborhood jeweler often carries more meaning than a simple purchase. For years, these pieces have quietly held family savings against uncertain times. By mid-2026, that steady dependability starts to show up in a more practical way. For someone running a shop in Ludhiana or a small unit in …

title: Business News | Why Global Events Are Driving Gold Rates Higher in 2026

description: In 2026, global trade and financial trust are under pressure. For many households in India, understanding why gold prices are rising has become practical, not theoretical. It now shapes decisions around weddings, business needs, and emergency planning.