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OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI, fresh off the largest private fundraising round in history, is facing mounting questions from some of its own backers over its $852 billion valuation and a whiplash-inducing pivot in strategy that prioritizes the higher-margin enterprise market at the expense of its consumer crown jewel - all because Anthropic is starting to drink their milkshake with enterprise contracts.
The company raised $122 billion last month from Silicon Valley and global capital - including SoftBank, Amazon, Nvidia, Andreessen Horowitz, Sequoia Capital and Thrive...
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Apr 16, 2026 / Tyler Durden
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions.
Source: Bloomberg
However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...
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Mar 15, 2026 / Dave DeCamp
Trump Says He May Bomb Iran’s Kharg Island Again ‘For Fun’
President Trump said on Saturday that the US may bomb Iran’s Kharg Island again “for fun” and urged other countries to help the US open the Strait of Hormuz. The president made the comments a day after the US military struck the Persian Gulf island, where most of Iran’s oil exports move through. So far, […]
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Mar 31, 2026 / Tyler Durden
Conference Board Confidence Unexpectedly Jumped Amid War In March
Conference Board Confidence Unexpectedly Jumped Amid War In March
Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected.
Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp)
Source: Bloomberg
Among demographic groups, confidence on a six-month moving average basis continued to moderate...
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