NextEra Energy and Dominion Energy said they are expanding the Virginia benefits package tied to their proposed merger by extending residential bill credits from $10 per month for two years to $10 per month for four years. The companies also pledged an additional $100 million to expand the EnergyShare assistance program through 2038 and committed $100 million to a workforce development fund. They further announced a five-year Virginia Supplier Program of up to $1 billion per year for local contractors, suppliers and service providers.

OpenAI CEO Sam Altman said the company will not go public in 2026. Fortune reported that OpenAI had previously discussed pulling a potential IPO forward and floated a possible listing valuation of about $1 trillion. OpenAI said it raised $122 billion in committed capital in March at a postmoney valuation of $852 billion, highlighting computing power as a strategic advantage.

Costco has raised the price of its Kirkland Signature full-synthetic motor oil and set weekly purchase limits as crude oil costs climb again. The Kirkland 5-quart two-pack now costs about $58, up from roughly $30 last year, and shoppers can buy only two boxes per week. The retailer is also limiting purchases of Mobil 1 full-synthetic motor oil 1-quart six-packs, priced around $44, to five per membership. Brent crude topped $109 a barrel on Monday morning, and U.S. gasoline and diesel prices have moved higher, according to AAA.

Major U.S. stock indexes fell on Monday, led lower by AI-related shares. Industry leaders voiced concerns about AI safety risks and urged a slowdown in development, prompting investors to reassess the sector. Nvidia dropped 3% and Amazon fell more than 1%, while chipmakers such as Intel and AMD also slid. Defensive areas including consumer staples and healthcare proved more resilient.

Oracle co-founder Larry Ellison has abandoned plans to sell up to $7.5 billion worth of the company’s shares, a reduction plan that had been in the works since June. Ellison controls about 40% of Oracle, making his trading decisions closely watched. The stock also faced pressure amid debate over AI regulation and the prospect of another Federal Reserve rate hike. Oracle shares were down 4.5% in early trading.

SanDisk said demand for AI-related storage is running ahead of expectations, with customers extending NBMs and increasing NAND purchases. Management said competitors are spending about 2.7 times more capital per petabyte, underscoring what it described as the company’s capital-efficiency advantage. The stock trades at 7.6x forward earnings; a return to an 11x multiple would imply about $2,350 per share, or 44% upside.

Microsoft said Azure’s annualized revenue has surpassed $100 billion. The company’s data-center expansion plans suggest compute capacity could triple to 38 GW by 2032, signaling confidence in long-term cloud demand. Copilot usage is stabilizing, which management says could support further monetization and platform scaling.

Meta Platforms shares were down 1.2% for the year through the Sept. 10 close, lagging most large-cap tech peers. The company plans to spend $130 billion to $145 billion this year on AI infrastructure, and free cash flow fell from $13.2 billion in Q1 to $1.7 billion in Q2. Despite that squeeze, the article argues Meta’s operating performance looks stronger than its share price implies.