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OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
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.
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.
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According to the Penn Wharton Budget Model US Has 20 Years to Faces Debt Issue
Without significant policy changes U.S. risks unavoidable default on its debt. The study focused on the $26.3 trillion of U.S. debt held publicly.
Two Sigma Researcher Fights Hedge Fund Over Blame for US$170 Mil Loss
Two Sigma Investments quantitative researcher fighting claims he made unauthorized changes to quantitative models leading to U.S. $170M client losses.
Bonds Poised to Potentially Surpass the Performance of S&P
In 2024, long-term bonds are poised to potentially surpass the performance of the S&P 500, offering a more lucrative investment opportunity.
It Was a Tough Year for Almost Every Bank Not Named JPMorgan
After year marred by biggest US bank failures since 2008 financial crisis nation’s largest lender is on familiar footing scooping up a weakened rival.