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OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy
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...
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May 13, 2026 / Dave DeCamp
Israel Has Killed 120 Palestinians in Gaza Since Start of Ceasefire With Iran
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 […]
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Jul 2, 2026 / Tyler Durden
Yen Surges As Jittery Traders Expect Imminent Intervention After Japan Reveals New Strategy To Wipe Out Shorts
Yen Surges As Jittery Traders Expect Imminent Intervention After Japan Reveals New Strategy To Wipe Out Shorts
After plunging to a fresh 40 year low overnight, the yen strengthened sharply against the dollar amid rising speculation that the currency’s continued weakness may prompt a fresh round of intervention by Japan. The yen then surged again after the June US jobs report showed a much weaker picture than expected.
But let's focus on the first, more unexplained move, which took place just after 2:30am ET, when the Yen rose as much...
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Aug 20, 2026 / Tyler Durden
Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals
Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals
Unchanged from near 1969 lows for the last five years...
That's quite a statement amid the sound and fury of markets and macro over the same period, but sure enough, the number of Americans filing for unemployment benefits for the first time ticked up to 206k last week - the same level as they were back in 2001...
Michigan was the standout state with the largest decline in initial jobless claims by far while Kentucky saw the biggest increase (albeit...
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