Home Depot partner files for bankruptcy, Benzinga reports.

Ares writes down loans to three Clearlake-owned software firms as it warns of difficult conversations over AI disruption risks

Ares Management has written down the value of loans to three software businesses owned by Clearlake Capital, warning of difficult conversations ahead with companies vulnerable to disruption from artificial intelligence.

AI shares fall after WSJ reports OpenAI missed user, revenue goals. The drop reflects investor concern over growth at the ChatGPT creator.

Shares of artificial intelligence-related firms dropped after the Wall Street Journal reported that OpenAI missed its targets for new users and revenue in recent months, raising concerns over the ChatGPT creator's growth.

Seagate reports Q3 revenue up 44% YoY to $3.11B, beats estimates, and forecasts Q4 above expectations; shares jump 13%+ after hours.

Seagate reported fiscal third-quarter revenue rose 44% year-over-year to $3.11 billion, surpassing the $2.96 billion estimate, and forecast fourth-quarter revenue and adjusted earnings above expectations. Shares surged over 13% in after-hours trading.

Tech stocks lead market selloff as AI payoff fears grow after reports said OpenAI missed key sales and user growth targets.

Tech stocks led a market selloff amid growing concerns that massive AI investments may not deliver returns, following reports that OpenAI missed key sales and user growth targets.