OpenAI has confidentially filed for an initial public offering (IPO), targeting a valuation of up to $1 trillion, potentially debuting as early as September. This move follows rival Anthropic's IPO plans and marks a significant moment for AI companies seeking public market exposure. The IPO could test investor appetite for high-growth tech stocks and follows OpenAI's recent $110 billion funding round at an $840 billion valuation from major backers like SoftBank, Amazon, and Nvidia. This development highlights the growing importance of AI as a key investment theme for the decade.
On June 5, during Nasdaq's worst single-day drop in over a year, retail investors mostly bought the dip in well-known AI and hardware stocks like Tesla, Nvidia, and CoreWeave. However, six major tech stocks including Amazon, Microsoft, and Alphabet s...
The Nasdaq surged over 19% from its March 2026 lows as big tech stocks emerged as a new safe haven during geopolitical stress, outperforming traditional defensive assets like the U.S. dollar, Treasuries, gold, and the Japanese yen. This shift was dri...
A $10,000 investment in Amazon shares in 2006 would be worth over $1.4 million today, highlighting the company's massive growth. Despite this success, Amazon faces an FTC antitrust lawsuit accusing it of monopolistic practices like penalizing third-p...
Intel's stock jumped after reports that Google and Nvidia are considering Intel as a backup manufacturer for advanced AI chips, with Google reportedly ordering over 3 million Tensor Processing Units for 2028. Nvidia is also testing Intel's technology...
Amazon's move of Prime Day into June has shifted consumer demand toward essentials and groceries, impacting Q2 revenue by pulling sales forward. The key focus is on operating income, driven by strong AWS growth, advertising strength, and some drag fr...
