Bank Of America Tumbles After Trading Miss Across The Board

Futures Fall To Start Now Quarter With Warsh Sintra Comments On Deck US equity futures point to a softer start to the third quarter as investors await a fresh batch of economic data and the first major overseas appearance by Fed Chair Kevin Warsh. As of 8:20am ET, S&P futures are down 0.2%, off session lows, while Nasdaq futures are down 0.6: techs lags following NDX’s 3.9% gain over the last 2 days; in premarket trading, chipmakers, which did much of the heavy lifting as investors piled into AI beneficiaries, were weaker with...

OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report. The three investors in the deal are Nvidia, Amazon, and SoftBank. People familiar with the deal say this opens the pathway to the public markets at the end of this year. Breaking down funding numbers by...

Free Speech Advocates Rally At California Capitol Against 'Stop Nick Shirley Act' Authored by Jill McLaughlin via The Epoch Times, Tensions flared at the California state Capitol in Sacramento on Aug. 26 as free speech advocates rallied to overturn a new state law they dubbed the "Stop Nick Shirley Act" signed by Gov. Gavin Newsom last week. Utah independent journalist Nick Shirley joined Republican state lawmakers and hundreds of supporters speaking out against what they said was a violation of their rights. 🚨 California desperately wants change and transparency when it comes their...