OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup. The share sale boosts the US company’s price tag well past its previous $300 billion level.
The US government shutdown has entered its second day, with the Trump administration raising the stakes by halting $18 billion in infrastructure funding and signaling a willingness to fire thousands of federal workers.
Chapters:
00:00:00 – The Opening Trade
00:03:17 – Government Shutdown Day 2
00:06:50 – EU, G-7 Add Pressure on Russia
00:08:25 – OpenAI $500B Record Valuation
00:10:48 – Tesco Raises Profit Forecase
00:13:00 – Gaza Aid Flotilla Intercepted
00:13:24 – UK Weighs Tax Relief for IPO Trading
00:13:57 – French Union Budget Protests
00:14:21 – Italy EU Deficit Cap
00:17:23 – ADP Report
00:19:05 – Fed Rate Cut Bets, Weak Payrolls Data
00:25:02 – Swiss CPI
00:26:28 – EU Moves to Unlock Russian Funds
00:41:52 – So What If Tech Stocks Are in a Bubble?: MLIV
00:47:07 – Stocks to Watch: Tesco, Nokia, Ericcson, Brunello Cucinelli
01:03:43 – Volvo Car September Sales
01:06:31 – BYD Europe Takeover
01:17:57 – ‘Drone Wall’ Could Be Apart of EU Defense: Kongsberg
01:21:06 – Europe Defense Contractors Lagging: Alphavalue
01:30:51 – Trump Plans to Use Shutdown for Job Cuts
01:34:07 – S&P Futures
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