Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years

OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy The rush by AI companies to go public before the window closes (i.e., "market conditions" emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX. OpenAI said it had confidentially submitted a draft IPO prospectus to the US Securities and...

IRGC Vows 'Not A Drop Of Oil & Gas Will Be Exported' From Region Amid Sustained Cross-Gulf Fighting Summary: Iran-US fighting is sustained but in tit-for-tat pace, with new reported strikes across the Gulf. Trump declares FULL blockade on Iranian ports, while IRGC asserts 'wartime control' of Hormuz. Trump drops 20% transit fee plan; oil prices ease. Multiple tanker attacks over past day again disrupt shipping & cause casualties. Regional conflict expands with reported Houthi missiles on Saudi Arabia. Strait of Hormuz traffic returns to normal by August 31? Yes 12% · No 89%View full market &...

Watch: Macron Calls Free Speech Online 'Pure Bullshit' French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms - is "pure bullshit," because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes). The comments come after the US recently imposed bans on a former European official and pro-censorship activists for trying to police online speech, while US Secretary of State Marco Rubio justifies the moves as pushback against the...