Market Underappreciates AI Capex Returns, Strategist Amoroso Says

OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say

OpenAI hasn't yet held pre-IPO meetings to discuss potential pricing and demand, or outlined an official timeline for the listing, according to sources familiar with the company's plans. Those meetings to test the waters with investors will likely start once the artificial intelligence company has a better sense of timing, said the people, who asked not to be named because the details are not public. OpenAI said it confidentially filed its prospectus with the Securities and Exchange...

Leon Black Decries ‘Vicious Narratives’ About His Relationship With Epstein

Citadel's Griffin pays for talent — including US soccer coach

Citadel's Griffin pays for talent — including US soccer coach NEW YORK, June 26 : As the United States men's national soccer team advances in the World Cup, fans from Wall Street to the wider world have an unexpected patron to thank for some of the American team's recent success. Billionaire investor Ken Griffin, best known for running hedge fund Citadel and a lifelong soccer fan, made the largest financial contribution to hire Argentine coach Mauricio Pochettino as the U.S. national team's...

Best Investments Over the Last 100 Years? Almost All Are Tech Companies.

What’s most surprising is that Tesla and SpaceX have entered that elite group. A vast majority of companies weren’t worth owning, a long-running study shows.