Musk, Altman Court Battle Commences Over The Future Of OpenAI

Northeast Heat Wave Arrives As World Cup Matches Get Underway As the World Cup starts, a prolonged spell of summer heat is expected to grip New York and much of the Northeast through the end of the week and into the weekend. Daytime temperatures are forecast to reach the 90s across several major cities, while high humidity will make conditions feel even hotter, according to Bloomberg. Forecasters expect the most intense heat on Thursday and Friday, when heat alerts will be in place across large parts of the region. Multiple cities along...

Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment Futures point to a lower start for cash trading on the last day of the week, as tech stocks dragged global indexes lower following renewed selling in chipmakers, while a report that OpenAI could postpone plans to go public also weighed on sentiment. The volatility reflects a valuation test, profit‑taking and flow-driven positioning, according to Christian Stocker, equity strategist at UniCredit, who suggests it’s a “temporary correction within a still-intact long-term AI growth trend.” As of 8:00am ET, Nasdaq 100 futures...

Israeli attacks in Gaza have significantly escalated since Israel halted strikes on Iran under the ceasefire that started on April 8, Reuters reported on Wednesday, citing data from Gaza’s Health Ministry and the conflict monitor Armed Conflict Location and Event Data (ACLED). According to the Health Ministry numbers, since April 8, Israeli attacks in the […]