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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 15, 2026 / Tyler Durden
Futures Tumble As Reality Returns And Yields, Oil And Dollar Soar
Futures Tumble As Reality Returns And Yields, Oil And Dollar Soar Bond yields, oil and the dollar are surging this morning as US futures tumble from all-time highs, with Tech underperforming driven by a series of factors including i) surging energy prices on lack of Iran war progress, ii) elevated positioning into options expiry; iii) Central bank repricing, iv) Tech sell-off driven by higher yields, and v) strikes at Samsung Electronics. The combination of stronger consumption and higher inflation is also a factor today. As of 8:00am ET, S&P futures are down...
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Jun 15, 2026 / Tyler Durden
U.S. Gas Prices Slip Below Politically Sensitive $4 Level For First Time In Months
May 26, 2026 / Tyler Durden
Nearly 1.2 Billion People Live With Mental Disorders Globally: Study
Nearly 1.2 Billion People Live With Mental Disorders Globally: Study Authored by Naveen Athrappully via The Epoch Times, There were an estimated 1.17 billion people suffering from mental disorders worldwide in 2023, up by 95.5 percent from 1990, according to a May 23 peer-reviewed study published in The Lancet journal. The study assessed the prevalence of 12 types of mental disorders across 204 nations and territories between 1990 and 2023. Types of disorders assessed in the study included bipolar disorder, schizophrenia, attention-deficit hyperactivity disorder, major depressive disorder, and anxiety disorders. All mental...
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