Tad Devine was in a car driving from Rhode Island to Washington when he told 125 reporters that Hillary Clinton was going to lose the general election. It was 2016, Bernie Sanders had just won New Hampshire in a landslide,…
More than 500 people have died in the Democratic Republic of Congo as a result of the ongoing Ebola outbreak, as experts say cuts to international aid have hampered the country from containing the virus. There have been 1,561 recorded…
Officials overseeing the S&P 500 have decided NOT to fast-track the inclusion of SpaceX, Anthropic, and other “megacap” IPOs in its blue-chip index of stocks, according to a statement from S&P Dow Jones Indices. S&PDJI had considered waiving its standard…
OpenAI confidentially filed IPO papers with the SEC yesterday, setting the stage for yet another massive tech company float later in the year. You can read OpenAI’s statement here. It’s very short. Here is the entire thing, verbatim: “We recently…
The recent high-profile IPO of SpaceX, which famously utilizes dual-class shares to give Elon Musk nearly 85% control, has reignited debate over dual-class shares themselves, and whether they hurt or help shareholders. Some of the most revered and successful business…
Monday marked a historic day at the White House for two reasons: it was the first time a sitting president rang the opening bell of the stock market from the Oval Office, and the occasion was used to mark the…
Japan’s yen is resembling a slow-motion train wreck as it remains stuck near 40-year lows, and there could be even more downside ahead. On Monday, the yen was down 0.58% at 162.30 per dollar. It’s fallen 3.6% so far in…
The world’s foremost Bitcoin hoarder has made its biggest crypto sale yet. Strategy announced on Monday morning that it sold $216 million worth of Bitcoin over the past week. The sale is the company’s largest liquidation of crypto in its…
Hello and welcome to Eye on AI. It’s Jeremy here, filling in for Sharon who is on vacation. In this edition…CNN sues Perplexity…IBM and RedHat form $5 billion bug patching project…Snowflake signs a $6 billion deal with AWS…and the White…
Welcome to Eye on AI, with AI reporter Sharon Goldman. In today’s issue: The small business owners managing whole armies of AI employees…Meta keeps delaying the release of its new AI Model to developers…How courts are coping with a flood…