Tech and Capital Markets: Revenues Surge in Third Quarter, but Some Companies Report Losses and Declines

In depth

OpenAI recorded revenues of $10 billion in the third quarter, a 50% surge. Its adjusted operating loss reached $10.9 billion. Anthropic is reporting higher revenues and is approaching an IPO.

At Bezeq, adjusted net profit rose 44% in the third quarter, and the company increased its number of fiber subscribers in retail for the first time. yes revenues jumped 15% to NIS 370 million, and the yes company moved to a profit of NIS 30 million. Bezeq's shares rose 3%.

Nayax recorded revenues of $128 million, a 23% increase, but moved to an accounting loss of $1.1 million. Adjusted earnings per share came to $0.34, and the company updated its annual revenue forecast to $530-540 million. Delta Brands reported a 23% decline in net profit in the third quarter.