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OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation

by The Wealth Advisor Contributor
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.

Featured

NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward

NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.

U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0

USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.

At Goldman And Citadel Securities, The Santa Rally Has Believers

Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.

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3 Lessons About the Psychology of Inflation

If economists are right about 2024, inflation will continue to fall and we won’t even be talking about it by the end of the year.

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A $34 Trillion National Debt? You Ain’t Seen Nothing Yet.

National debt recently hit $34 trillion for first time ever, prompting concerned Americans to look at each other with arched eyebrows and say, really?

Practice Management

Stock Skeptics Say $6 Trillion Cash Waiting on Sidelines Is a Mirage

One argument in favor of stocks says investors should dive in before roughly $6T of money-market cash is redeployed into equity assets globally.

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Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

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Fed Predictions for 2026: What Experts Say About the Possibility of Additional Rate Cuts

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Why This Billionaire Real Estate Developer Is Waving A Red Flag Over Data Centers

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JPMorgan Prepares To Launch First Tokenized Money Market Fund

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