Dow Jones Top Company Headlines at 5 PM ET: Google to Pay SpaceX Nearly $1 Billion a Month in Cloud-Computing Deal | Paramount ...
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Key headlines include Google paying SpaceX nearly $1 billion monthly for cloud computing, boosting SpaceX's AI revenue ahead of its IPO. Morgan Stanley projects SpaceX's revenue could reach $3.4 trillion by 2040. Other major news: Paramount Skydance launches a new video game studio; Apple aims for AI dominance by modernizing Siri; U.S. officials discuss financial stakes in AI with OpenAI's Sam Altman; Quantinuum stock falls after a lackluster IPO debut; Anthropic urges a pause in AI development due to self-improvement risks; major banks plan a tokenized deposit system to compete with crypto; Walmart adds Subway delivery; Lululemon cuts outlook; and Docusign raises revenue guidance.
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