This post was originally published on this site.
:max_bytes(150000):strip_icc()/GettyImages-2249564590-56104c24945c42bcbf064b6f64d30c45.jpg)
ChatGPT ‘Currently Experiencing Issues’ Day After OpenAI CEO Sam Altman Reportedly Declares ‘Code Red’
4 minutes ago
It’s not been a great start to the week for Sam Altman.
A day after the OpenAI CEO reportedly declared a “code red” to improve ChatGPT, the generative AI chatbot malfunctioned Tuesday afternoon.
The OpenAI support website said it’s “currently experiencing issues,” noting that “we have identified that users are experiencing elevated errors for the impacted services. We are working on implementing a mitigation.”
Late Monday, The Wall Street Journal reported, citing an internal OpenAI memo it had viewed, that Altman declared a “code red” to improve the chatbot and delay other products like AI agents and advertising amid intense competition from the likes of Alphabet’s (GOOGL) Google and Anthropic.
Florian Gaertner / Photothek via Getty Images
Instacart Parent’s Stock Falls as Amazon Tests 30-Minute Deliveries
56 minutes ago
Amazon (AMZN) is rolling out “ultra-fast” deliveries in Seattle and Philadelphia. The news is affecting shares of Instacart parent Maplebear (CART).
Shares of Maplebear were down 4% in recent trading after Amazon announced in a blog post that it’s “now testing an ultra-fast delivery offering of the items customers want and need most urgently in parts of Seattle and Philadelphia. Amazon Now brings thousands of household essential items and groceries to customers’ doorsteps in about 30 minutes or less.”
Yuki Iwamura / Bloomberg via Getty Images
The e-commerce giant added that Amazon Prime members will receive “discounted delivery fees starting at just $3.99 per order (vs. $13.99 for non-Prime customers),” and that a “small basket fee of $1.99 will apply to orders below $15.”
Amazon shares, which ticked 0.5% higher, are up 7% this year. Maplebear shares are fractionally lower in 2025.
Mark Your Calendar: Some People Will Receive Two Social Security Payments in December
1 hr 32 min ago
The Social Security Administration distributes benefits to almost 74 million people each month. Here is when to expect yours in December.
Payments are primarily distributed according to beneficiaries’ birth dates. However, for those who began receiving retirement, spousal, or survivor benefits before May 1997, they typically receive their payments on the 3rd of every month.
Supplemental Security Income, a program that provides additional income for people with disabilities and adults aged 65 and older with limited or no income, is distributed separately from Social Security benefits at the beginning of every month.
In some cases, when the beginning of the month coincides with a weekend or holiday, SSI benefits will be distributed in the preceding month. Due to government holidays in December, Supplemental Security Income recipients will receive two checks before the end of the year.
Read the full article here.
Signet Jewelers Stock Falls on Soft Guidance
2 hr 4 min ago
Shares of Signet Jewelers (SIG) fell 4% Tuesday afternoon after the parent of Kay Jewelers, Zales, and Jared issued weaker-than-expected current-quarter projections.
Signet expects fiscal 2026 fourth-quarter sales of $2.24 billion to $2.37 billion, while analysts surveyed by Visible Alpha were looking for $2.38 billion. The company also sees same-store sales between a 5% year-over-year decline and a gain of 0.5%, while analysts were expecting an increase of 1.15%.
Thomas Fuller / SOPA Images / LightRocket via Getty Images
In addition, Signet’s projections for adjusted operating income and adjusted EBITDA were weaker than consensus.
Signet’s third-quarter adjusted earnings of $0.63 per share and sales of $1.39 billion were better than analysts expected.
Despite today’s declines, shares of Signet are up about 14% this year.
Top Stock Movers Now: Boeing, Intel, Sandisk, and More
2 hr 48 min ago
Major U.S. equities indexes gained ground on Tuesday, with tech stocks trending higher after a day of declines on Monday. The Dow Jones Industrial Average and benchmark S&P 500 gained 0.3% and 0.2%, respectively, and the tech-centric Nasdaq rose 0.4%.
Boeing (BA) shares surged 8%, the leading gainers on the S&P 500 after the plane maker’s new CFO said at a conference held by UBS that its plan to ramp up production after safety issues substantially slowed production last year are going according to schedule, and said Boeing expects to generate positive free cash flow next year after burning through billions in the last two years.
Intel (INTC) stock rose 7% as the chipmaker announced plans to invest about $200 million to increase its manufacturing footprint in Malaysia. The stock is also extending a rally that was sparked Friday by reports that Apple (AAPL) could be the company’s next big customer.
Samuel Boivin / NurPhoto via Getty Images
Shares of database software maker MongoDB (MDB) popped nearly 25% a day after the company’s latest quarterly results easily topped estimates as it also lifted forecasts for the full year, a month after appointing a new CEO.
Read the full article here.
Costco Is Suing the Trump Administration—Here’s Why
3 hr 58 min ago
Warehouse retail giant Costco Wholesale (COST) has joined the list of companies looking for a refund on tariffs.
The company filed a lawsuit against U.S. Customs and Border Protection and the Trump administration on Friday. In the Court of International Trade, Costco said that it would seek a refund of the tariffs it has paid on imports in the last several months if the Supreme Court finds Trump’s tariffs unconstitutional.
Kevin Carter / Getty Images
Costco did not specify in the filing how much it has paid in tariffs, but executives have said in earnings calls that the company was working with its suppliers to minimize the impact and that it would work to keep prices as low as it could.
In its complaint, Costco is requesting that the trade court find the tariffs are invalid, prevent CBP from collecting further tariff payments, and guarantee a refund of the tariffs the company has paid and those it may pay before the case is decided.
Read the full article here.
Boeing Stock Powers S&P 500, Dow Higher After CFO Comments on Deliveries, Cash Flow
4 hr 27 min ago
Comments by Boeing (BA) CFO Jay Malave at a conference Tuesday morning are lifting the company’s shares and major indexes.
Boeing stock soared 8% to lead the S&P 500 and Dow Jones Industrial Average after Malave said at the UBS Global Industrials and Transportation Conference that “we expect absolutely deliveries to be up (in 2026) in both cases, both 737 and both 787.”
In addition, Malave said that “we absolutely expect to grow year-over-year in cash flow,” adding that “what we expect anyway is in the low single digits in terms of positive free cash flow, which I think is pretty substantial growth year-over-year.”
Including Tuesday’s sharp gains, Boeing shares have risen about 14% this year, slightly better than the Dow’s advance but slightly worse than the S&P 500’s.
Kevin Carter / Getty Images
Here’s Why the Maker of Roundup Weedkiller’s Stock Is Surging Today
4 hr 53 min ago
Shares of pharmaceutical conglomerate Bayer are surging 13% on their home exchange in Germany after the U.S. Solicitor General supported its efforts to have the Supreme Court review prior rulings on whether Roundup weedkiller, produced by Bayer-owned Monsanto, needs a cancer risk warning label.
The solicitor general said in a Monday filing that the Environmental Protection Agency has for years said that glyphosate, a chemical used in Roundup, is “not likely to be carcinogenic in humans,” and said the Food and Drug Administration has approved “hundreds of labels for Roundup” that did not include any information about cancer.
Kevin Carter / Getty Images
Bayer has argued that since federal agencies have determined the chemical doesn’t require a cancer warning, customers should not be able to sue for violating state laws regarding a failure to warn customers about cancer risks. Bayer said most of the tens of thousands of outstanding lawsuits are “grounded in failure-to-warn theories,” meaning they would be invalidated by a ruling that Bayer isn’t bound by state failure-to-warn laws.
Bayer said it welcomes the support. It said a ruling from the Supreme Court on whether companies can be sued for violating state laws when complying with a federal agency’s determination of a chemical’s safety would provide clarity for the company and customers. Bayer said it “continues to advance its multi-pronged strategy designed to significantly contain the litigation by the end of 2026.”
Monsanto was acquired by Bayer in 2018 for $63 billion, and a California jury held Monsanto liable just months after the deal was closed for failing to warn about Roundup’s potential cancer risks after a groundskeeper was diagnosed with cancer.
How You Should Tackle ‘Travel Tuesday’: Expert Views on the Promotion
5 hr 33 min ago
You may still be settling in from a Thanksgiving trip, but experts say it’s smart to start planning your next getaway.
Nearly all major airlines and several hotels will offer bargain rates tomorrow in what’s become known as “Travel Tuesday”. Travel companies now extend more deals on the Tuesday after Thanksgiving than on Black Friday and Cyber Monday combined, according to Hopper, a travel booking app.
The industrywide promotion grew out of an annual deal Hopper launched in 2017, and has become a bonafide opportunity for bargain-hunting, said Clint Henderson, managing editor of The Points Guy, a travel site.
Saul Loeb / AFP via Getty Images
“It’s probably the best time of the year to book cheap flights,” said Henderson, later explaining that he initially saw Travel Tuesday as a marketing move. “I used to tell people, ‘Don’t bother,’ but now I’m all in.”
Travel Tuesday airfare deals often promote winter travel, and only apply to flights departing in January or February. Warm destinations are widely touted. For instance, Delta Air Lines (DAL) is selling roundtrip tickets from New York City to the Dominican Republic, Cayman Islands and St. Thomas for less than $300.
But domestic airfare may be particularly inexpensive—Alaska Air Group (ALK) is promoting regional one-way tickets for as low as $29, and trips from California to Hawaii for $99, according to its website.
Read the full article here.
Credo Technology Stock Pops on Better-Than-Expected Results, Guidance
6 hr 19 min ago
Shareholders of Credo Technology Group Holding (CRDO) stock evidently were quite pleased with the company’s results and current-quarter projections.
Credo stock surged 17% before the bell Tuesday, a day after the high-speed connectivity solutions firm reported fiscal 2026 second-quarter results and issued third-quarter guidance well above analysts’ expectations.
San Jose, Calif.-based Credo posted Q2 adjusted earnings of $0.67 per share on revenue that skyrocketed 272% year-over-year to $268.0 million. Analysts polled by Visible Alpha had expected $0.49 and $234.8 million, respectively.
For the current quarter, Credo expects revenue between $335.0 million and $345.0 million, well above the consensus $247.8 million.
Shares of Credo—which says it provides “reliable, energy-efficient, system-level connectivity solutions for the next generation of AI-driven applications, cloud computing and hyperscale networks”—entered Tuesday having more than doubled year-to-date.
TradingView
MongoDB Stock Soars After Results, Outlook Easily Top Estimates
7 hr 29 min ago
MongoDB’s (MDB) fiscal 2026 third-quarter results easily topped analysts’ expectations. So did the database software maker’s guidance.
Shares of MongoDB soared 23% in premarket trading Tuesday, a day after the company reported adjusted earnings of $1.32 per share on revenue that increased 19% year-over-year to $628.3 million. Analysts surveyed by Visible Alpha had expected $0.82 and $594.3 million, respectively.
For the current quarter, the New York-based company sees adjusted EPS of $1.44 to $1.48 on revenue of $665 million to $670 million, both well above consensus estimates.
“Q3 was an exceptional quarter,” MongoDB CEO CJ Desai said. “Existing customers are expanding with us and net-new customer additions continue to show strength. Companies across industries and geographies are choosing MongoDB because we provide a unified data platform that powers mission-critical workloads today and also positions them to capitalize on the emerging AI platform shift.”
Entering Tuesday, MongoDB shares have risen more than 40% this year.
TradingView
Stock Futures Point Higher After Major Indexes Snap Five-Session Winning Streaks
8 hr 19 min ago
Futures contracts tied to the Dow Jones Industrial Average pointed 0.2% higher.
TradingView
S&P 500 futures were up 0.3%.
TradingView
Nasdaq 100 futures advanced 0.4%.
TradingView