The private market valuation of OpenAI indicates that the runway for Artificial Intelligence may be much larger than street analysts cluster around. In the most recent round of private capital raising, OpenAI has achieved a valuation in excess of $150…

Let us be crystal clear on one thing; equity rebalancing, automatic or otherwise, is TRADING. Can it be that the industry which made their fortunes on high fee mutual funds, now fully migrating to exchange traded fund promotion, seeks to…

Major market indexes continued to post a consistent equity advance for the third quarter of 2024. The DJIA advanced by 8.3%. The S&P 500 increased by 4.9% and the NASDAQ Composite index grew by 2.6%. As for the Gnostic Global…

Palantir Technologies will replace American Airlines in the coming reconfiguration of the index. The pending addition to the S&P 500 index caps off a news heavy quarter with Palantir producing a variety of releases, on a number of fronts, affirming…

Adyen reported revenues and profits for the first half of fiscal 2024 somewhat ahead of previously reduced guidance. First half revenues surpassed $1 billion US with EBITDA pushing past $460 million US, for an overall EBITDA margin of 46.3%. Net…