OpenAI CEO Sam Altman testified in court defending the company's decision to create a for-profit subsidiary, countering Elon Musk's claim that it amounted to stealing from a charity. Altman emphasized the foundation's significant charitable work and addressed concerns about safety and control raised by Musk. He criticized Musk's management style and highlighted past tensions over control and company culture. The lawsuit centers on whether OpenAI's commercial growth compromised its safety commitments, with Altman asserting the company remained focused on responsible AI development.
Whale Rock Capital Management, led by Alex Sacerdote, quietly acquired five niche technology stocks in Q1 2026, focusing on AI infrastructure rather than headline names like Nvidia or Microsoft. These include companies specializing in semiconductor t...
Two unconventional ETFs use alternative data to guide investments: the Unusual Whales Subversive Democratic Trading ETF (NANC) tracks stock disclosures by Democratic Congress members, while the VanEck Social Sentiment ETF (BUZZ) analyzes social media...
CoreWeave expects to exceed a $30 billion annualized revenue run-rate by fiscal year 2027, supported by a $99.4 billion backlog and over 75% contracted capacity for 2027. The company's growth is driven by increasing power capacity and higher pricing ...
The S&P 500 achieved its seventh consecutive weekly gain, driven by strong performances in large cap growth stocks, energy, commodities, and cybersecurity sectors. Key contributors include major tech companies like NVIDIA, Apple, and Microsoft, which...
The Bill Gates Foundation Trust has sold its entire Microsoft stock position, ending decades of ownership. This move reflects practical portfolio management, diversification, and funding needs for philanthropy rather than a lack of confidence in Micr...
