Jury Says Tesla Must Pay $243 Million Over Fatal Autopilot Crash
It marks the first time a jury has awarded damages in a lawsuit related to Tesla's driver-assistance features and a major setback for Elon Musk's electric-vehicle company. The jury concluded the automaker failed to provide sufficient warnings or instructions for its Autopilot feature in the 2019 Tesla Model S involved in the accident, making the car unreasonably dangerous.
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OpenAI's $500 Billion Power Play: Is This the Hottest Deal in Tech Right Now?
OpenAI is weighing a massive secondary stock sale that could push its valuation to around $500 billion, according to people familiar with the matter. The deal still in early discussions would allow current and former employees to cash out some of their shares, with existing investors like Thrive Capital reportedly circling. If completed, this would mark a roughly 67% jump from OpenAI's previous $300 billion valuation tied to a $40 billion raise, one of the largest in private tech history. The move isn't just about rewarding staff it's also a strategic play to retain top talent in the face of fierce poaching from rivals like Meta, which has dangled nine-figure packages to lure researchers away. Warning! GuruFocus has detected 7 Warning Sign with MSFT. The timing is no coincidence. OpenAI recently secured $8.3 billion in a second tranche of that same $40 billion round, which one source said was oversubscribed by about five times. This fresh capital comes as the company doubles down on product and platform expansion. ChatGPT usage is climbing fast reportedly hitting 700 million weekly active users while the app now processes over 3 billion messages per day. OpenAI is also preparing its next major release, GPT-5, which is undergoing internal testing. While no official launch date has been announced, the model is expected to reinforce OpenAI's lead amid growing competition. On the hardware front, the company is moving ahead with a nearly $6.5 billion all-stock acquisition of a device startup co-founded by Apple design veteran Jony Ive. But the company isn't without friction points. Key investors are still in discussions over how OpenAI should be structured going forward including Microsoft (NASDAQ:MSFT), which has poured in more than $13 billion. At the heart of those talks is Microsoft's stake and long-term access to OpenAI's tech, with the current deal set to run through 2030. As OpenAI races to define its next chapter spanning AI platforms, consumer hardware, and employee retention investors are left with a familiar question: how much more upside is still on the table? This article first appeared on GuruFocus. Melden Sie sich an, um Ihr Portfolio aufzurufen.
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Nutrien Declares Quarterly Dividend of US$0.545 per Share
SASKATOON, Saskatchewan, August 06, 2025--(BUSINESS WIRE)--Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.545 per share payable on October 17, 2025, to shareholders of record on September 29, 2025. Registered shareholders who are residents of Canada as reflected in Nutrien's shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the Bank of Canada daily average exchange rate on September 29, 2025. Registered shareholders resident outside of Canada as reflected in Nutrien's shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in US dollars. However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable. In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments. Registered shareholders may elect to change the currency of their dividend and enroll for direct deposit by contacting, Nutrien's registrar and transfer agent, Computershare Investor Services Inc., directly (1-800-564-6253 or service@ Beneficial shareholders should contact their broker or other intermediary to determine the ability and necessary steps involved in an election to change the currency of their dividend payment. For further details, please visit All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends. About Nutrien Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals. View source version on Contacts Jeff HolzmanSenior Vice President, Investor Relations and FP&A(306) 933-8545Contact us at: 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
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Firefly Aerospace to price US IPO as it sets sights on a positive liftoff
By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Northrop Grumman-backed Firefly Aerospace, the buzzy space technology startup that put a lander on the moon, is set to price its U.S. IPO later on Wednesday. In a nascent but rapidly growing commercial space industry, Firefly's IPO has attracted investor attention because it successfully landed its uncrewed Blue Ghost spacecraft on the moon in its first attempt in March. Cedar Park, Texas-based Firefly Aerospace is set to sell 16.2 million shares of its stock, priced between $41 and $43 apiece. This range was raised earlier this week, signaling strong demand. U.S. President Donald Trump's focus on commercializing space technology and safeguarding the national interests in space has attracted venture capital firms and billionaires. Elon Musk's SpaceX — the most valuable private company in the world — has become a critical part of the U.S. satellite network, even prompting a need across the government to look for more contractors. The U.S. government is betting that diversifying its contractor base will foster innovation and cut the huge costs of sending rockets to space, as well as reduce over-reliance on a single provider for critical missions. NASA's procurement process now includes new entrants such as Firefly Aerospace and Sierra Space, alongside legacy companies, leveraging commercial partnerships for lunar landers, space station modules and cargo deliveries. While space-related IPOs have been scarce in recent years, the tide is starting to turn in 2025. Firefly's listing comes on the heels of the successful New York flotations of space and defense firms Karman, AIRO Group and Voyager. As of Tuesday's close, shares of Karman have more than doubled from their offer price, while Voyager has gained 10%. "Given Firefly and the success of Voyager, I think you are going to see several more space-related companies test the waters of a public offering," said Ross Carmel, partner at law firm Sichenzia Ross Ference Carmel. TO THE MOON Formed in 2017, Firefly designs and manufactures small- to medium-lift launch vehicles, lunar landers and orbital vehicles. It had a backlog of roughly $1.1 billion and over 30 planned launches under contract as of March 31. While Houston-based Intuitive Machines' Odysseus lander was the first private lander to reach the moon last year, it made a lopsided touchdown, landing mostly intact but dooming many of its onboard instruments. Firefly's was the second, but its Blue Ghost spacecraft landed safely, reaching the moon's surface a month and a half after launching atop a SpaceX rocket from NASA's Kennedy Space Center in Florida. Last month, Firefly secured a $176.7 million contract to deliver five NASA payloads to the Moon's South Pole in 2029. Firefly was valued at more than $2 billion in a 2024 funding round. The company's backers include aerospace-focused private investment firm AE Industrial Partners. U.S. defense contractor Northrop Grumman, which invested $50 million into Firefly to aid the production of their jointly developed rocket, is one of three suppliers of solid rocket motors (SRMs) to the United States. Firefly is expected to begin trading on the Nasdaq under the ticker symbol "FLY" on Thursday.