Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...

"Analysts have warned that the sell-off in Japanese bonds could lead to higher US Treasury yields and discourage investors from buying U.S. bonds."

President Donald Trump told reporters that the US transferred weapons to an Iranian group. The White House intended for the arms to help overthrow the government in Tehran. However, Trump claims the group kept the weapons for themselves. “We sent some guns. A lot of guns. They were supposed to go to the [Iranian] people […]