Business
Markets, companies and the economy—facts separated from forecasts.
BUSINESS · 41 days agoAI capex in 2026: the headline totals range from $630bn to $800bn, and the gap is who gets counted
Published estimates for hyperscaler AI spending this year differ by nearly $200 billion. The disagreement is not about the companies' plans — it is about how many companies are in the set, and which baseline year the growth is measured from.
Developing · 5 sources · 5 min read
BUSINESS · 41 days agoIs OpenAI profitable? No — but the $38.5bn everyone quotes is not what it cost to run the company
Leaked 2025 statements verified by the Financial Times show a $20.92bn operating loss on $13.07bn of revenue. The larger figure in circulation includes a one-off accounting charge from the for-profit conversion. OpenAI has published none of it.
Developing · 4 sources · 5 min read
BUSINESS · 44 days agoThere is no confirmed list of the Walgreens stores closing in 2026
Walgreens has not published an updated closure target since going private, and has not confirmed any nationwide list. The figures circulating — fewer than 100, or about 700 — trace to reporting that cites no company document or named source.
Developing · 5 sources · 3 min read
BUSINESS · 45 days agoA $400bn drug merger is being talked about, and AstraZeneca's own shareholders hated the idea
The Financial Times reported talks with Bristol Myers Squibb. AstraZeneca shares fell about 9 per cent in London — its worst day since 2020. Neither company has confirmed anything.
Verified · 5 sources · 2 min read