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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

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.

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.

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Commentaries

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Another package is coming. The Treasury Department unveiled to lawmakers a plan for $250 billion in direct payments to Americans starting April 6.

Commentaries

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The volume of Google searches for “unemployment benefits” has surged and is consistent with weekly claims topping 800,000 . . . quadruple the trend.

Commentaries

JPM's Recession Call: 4 Million Jobs, Dismal 2Q

US chief economist Michael Feroli also forecast unemployment to rise to 6.25% by the middle of the year before easing to about 5.25% by year end.

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Real Estate

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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