OpenAI-Google cloud deal, metals rally, Insmed trial results
Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including OpenAI's reported deal with Google's (GOOG, GOOGL) cloud service, silver (SI=F) and gold futures (GC=F) rallying, and Insmed (INSM) stock surging on new drug trial results.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. US stocks little changed here as investors wait for clues on trade talks between the US and China. Open AI inked a deal with Alphabet's Google Cloud service, that's according to Reuters. The deal comes as Open AI looks to meet its growing needs for computing capacity. This would mark a surprising collaboration between the two AI competitors. Shares of Alphabet rising in today's trade. Turning to precious metals, silver and gold retreating, taking a breather from their recent rally. Pullback coming after the metals have surged higher amid the decline of the US dollar and uncertainty over President Trump's tariff policies. InMed shares surging to the highest intraday level in nearly 24 years. Company reporting positive results for its mid-stage trial of its experimental hypertension drug. Stifel viewing InMed's data as quote "a best case scenario" and easily exceeding expectations. And that's your Yahoo! Finance Market
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It gives them the agility to outpace market change, the confidence to innovate without compromise, and the clarity to seize opportunities that were previously just out of reach. Choosing On-Demand is a bold signal of leadership, and a commitment to future-ready growth." Muninder Singh Sambi, vice president and general manager of Networking and Security, Google Cloud, says: "With Ericsson On-Demand on Google Cloud's AI infrastructure, CSPs can rapidly deploy 5G core and tap into new revenue streams. This partnership with Ericsson isn't just about technology; it's about building the AI-driven telecom of tomorrow for our customers." NOTES TO EDITORS: Learn more about Ericsson On-Demand FOLLOW US: Subscribe to Ericsson press releasesSubscribe to Ericsson blog postshttps:// MORE INFORMATION AT:Ericsson (+46 10 719 69 92) (+46 10 719 00 00) ABOUT ERICSSON: Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. ABOUT GOOGLE CLOUD: Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner. This information was brought to you by Cision The following files are available for download: PDF Ericsson and Google Cloud team up to deliver carrier-grade 5G core as-a-service built with AI at the foundation Person on a hillside overlooking city lights at dusk View original content: SOURCE Ericsson Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
