Money
OpenAI employees seek $6 billion stock sale
OpenAI employees seek $6 billion share sale to SoftBank and others amid company valuation surge to $500 billion
OpenAI employees seek $6 billion share sale to SoftBank and others amid company valuation surge to $500 billion
– OpenAI employees are discussing a potential $6 billion share sale, possibly raising the company’s valuation to $500 billion.
– The company aims for a $20 billion revenue run rate by year-end, with user growth boosting performance significantly.
Current and former employees of OpenAI are exploring the sale of nearly $6 billion in shares to investors, including SoftBank Group and Thrive Capital. According to Reuters, this potential transaction could elevate the company’s valuation to $500 billion, up from the current $300 billion, highlighting OpenAI’s significant growth in user base and revenue amid fierce competition in the AI sector.
Discussions regarding this secondary share sale are in preliminary phases, according to Bloomberg News, and the exact terms may vary. The sale would supplement SoftBank’s involvement in OpenAI’s $40 billion primary funding round.
OpenAI’s flagship product, ChatGPT, has driven a revenue increase, with the company reporting an annualised run rate of $12 billion in the first seven months of the year, aiming for $20 billion by year-end. The Microsoft-backed firm now boasts around 700 million weekly active users for its ChatGPT products, a notable increase from 400 million in February.
Money
U.S. stocks rally as AMD, Home Depot, and AI software lead gains
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.
DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.
The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
Stocks tumble amid AI concerns and Trump tariff update
Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.
Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.
Stocks plunged sharply as concerns over artificial intelligence and trade tensions rattled investors, sending the Dow down more than 800 points. Heavyweights like American Express, Goldman Sachs, and JPMorgan were key contributors to the drop.
Software companies were hit particularly hard after a report suggested AI could impact economic growth, triggering further losses across tech shares.
Trade-sensitive retailers including American Eagle Outfitters, Ralph Lauren, and Yeti Holdings also faced setbacks as market uncertainty spiked. Bonds, meanwhile, rallied as investors sought safety in a volatile market.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
U.S. investors flee stock market for global opportunities
U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.
U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.
U.S. investors are withdrawing money from domestic stocks at the fastest rate in 16 years, with $75 billion leaving equity products over the past six months. The trend accelerated in 2026, with $52 billion pulled from Wall Street so far.
Concerns over AI risks and weaker performance at home are prompting investors to look abroad, even though a softer dollar makes foreign investments more expensive. Emerging markets are seeing inflows at the fastest pace in five years, according to Bank of America.
As global opportunities become more attractive, many U.S. investors are now evaluating overseas markets for growth potential.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Leaders5 days agoYoung author Maya Ahmed publishes debut novel at 13
-
News2 days ago
Iran signals nuclear concessions as U.S. talks intensify
-
Tech2 days ago
Apple’s next AI wearables could change how we use tech
-
Money2 days ago
U.S. investors flee stock market for global opportunities
-
News4 days ago
UK police seek former aides’ insights on Prince Andrew
-
Tech1 day ago
Anthropic CEO holds key Pentagon talks on AI ethics and military use
-
Money1 day ago
Stocks tumble amid AI concerns and Trump tariff update
-
Ticker Views2 days ago
How Andrew Mountbatten-Windsor could be removed from the line of succession
