SpaceX’s stock is rising, and that’s a good sign for Nvidia and Google
Some big names saw sizable paper gains on their SpaceX stakes when the stock went public, but trading has been volatile since then.
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Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
America’s first billionaire president may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform. Donald Trump’s struggling media company plans to sell Wall Street traders the chance to see posts from “highest-ranking” accounts — including possibly his own —…
Inflation slows to 3.5% as Warsh pledges to achieve Fed’s 2% target
Dive Brief: Consumer prices rose last month at a lower-than-forecast annual rate of 3.5% from a 4.2% pace in May, the Bureau of Labor Statistics said Tuesday, moments before Federal Reserve Chair Kevin Warsh pledged to slow inflation to the central bank’s 2% goal. A 5.7% decline in energy prices — including a 9.5% slump…
Jennie Misses Out On Making K-Pop History By One Space
Jennie and Tame Impala’s “Dracula” rises to a new peak of No. 2 on Billboard’s Radio Songs chart, nearly becoming the second K-pop No. 1. South Korean singer Jennie Kim poses during a photocall ahead of the Chanel Women’s Haute-Couture Spring/Summer 2025 collection as part of the Fashion Week in Paris, on January 28, 2025….
OpenAI’s CFO insists AI won’t replace judgment
Good morning. I can report that CFO Daily readers are very curious about what OpenAI is up to when it comes to its finance department. Last week, I wrote about how OpenAI is using ChatGPT Work—and heard back from many of you about the need to have people on a finance team who know when…
Sam Altman thinks the singularity is here, but expert says OpenAI’s Hugging Face breach isn’t proof
Sam Altman has spent years preparing the world for artificial intelligence that surpasses humans, a threshold known as the “singularity.” Now, the OpenAI CEO says the moment has arrived, but he claims it doesn’t spell the end of the world. A decade ago, Altman said, superintelligent AI felt like a distant dream, something he and…
Corporate ventures: How CEOs can scale
Growth is harder than ever to find, which is precisely why corporate venture building is gaining steam internationally: In recent McKinsey surveys, about 40 percent of global CEOs continue to cite new-business building as one of their top three strategic priorities despite cost pressures (Exhibit 1). This prioritization is largely driven by leaders’ desire for…
