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OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid

OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid Earlier today, when previewing this week's earnings by the Mag 7 which account for over $10 trillion in market cap set to report Q1 results after the close on Wednesday, Goldman's Delta-One head Rich Privorotsky said that "Equities are being driven by one thing…AI spend", and warned that "it's hard not to respect the strength of the AI bid, but the velocity has been extreme. The upside surprise vs expectations has almost entirely come from AI...
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Apr 30, 2026 / Dave DeCamp
China’s Foreign Minister Tells Rubio That Taiwan Is the ‘Biggest Risk Factor’ in US-China Relations
Chinese Foreign Minister Wang Yi spoke with US Secretary of State Marco Rubio and told him that the issue of Taiwan is the “biggest risk factor” in relations between Washington and Beijing, Chinese media has reported. “The Taiwan issue concerns China’s core interests and is the biggest risk factor in China-US relations,” Wang said, according […]
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Mar 2, 2026 / Tyler Durden
Court Rules For WaPo Reporter In Major Win For Press In National Security Case
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Jul 10, 2026 / Tyler Durden
China Shuts The Helium Valve As Qatar Outage Deepens Global Supply Squeeze
China Shuts The Helium Valve As Qatar Outage Deepens Global Supply Squeeze China has abruptly banned helium exports, a key component in semiconductors, which adds yet another serious constraint to a global market already reeling from the loss of production in Qatar. In a two-sentence Friday announcement, China's Ministry of Commerce and General Administration of Customs said helium covered by customs code 2804290010 was subject to a temporary prohibition on exports, effective immediately. The agencies cited China's Foreign Trade Law but provided no explanation, expiration date, transition period or exemptions. Any...
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