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The Strait of Hormuz has always been a critical artery for global energy, but recent escalations in conflict have turned it into a gold mine for those brave or desperate enough to sail through it. As Iran ramps up drone and missile strikes to assert its influence over the chokepoint, the financial rewards for maritime […]

OpenAI is facing fresh scrutiny after firing three safety researchers following what the company describes as a breach of trust. In a public statement shared on X, the creator of ChatGPT explained that it parted ways with Tomek Korbak, Jasmine Wang, and Mikita Balesni after an internal investigation concluded they had violated established policies regarding […]

President Donald Trump has escalated his campaign to remove Federal Reserve Governor Lisa Cook by creating a special committee of inquiry to investigate claims that she misrepresented information on past mortgage applications. In a recent memorandum, the president announced that Cook is expected to attend a nonpublic hearing at the White House on November 5 […]

A wave of selling swept through the semiconductor and cloud infrastructure sectors on Thursday as investors reacted to updated financial figures from OpenAI. Shares of industry heavyweights like Nvidia and Oracle took a hit, while specialized players such as CoreWeave saw even sharper declines. The volatility followed reports that OpenAI’s annualized revenue stood at approximately […]

Wall Street is nursing a hangover today after an underwhelming revenue update from OpenAI cast a shadow over the once unstoppable artificial intelligence rally. U.S. stock futures remained largely flat on Thursday night, reflecting a cautious mood among traders following a sharp sell off in big tech. The turbulence began when reports surfaced that OpenAI’s […]