The price of almost everything on your dinner table is climbing at once — and Wall Street is taking notice
Rising crop prices are making the current inflation problem bigger than just oil and the Iran war. Source:MarketWatch
Fed rate hike is about Wall Street, not inflation, says economist
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. Source:CoinDesk
Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘illadvised’ time for the ChatGPT creator to go public Source:MarketWatch
OpenAI IPO won't happen this year, says Sam Altman
"Given everything happening with safety, right now would be an illadvised moment to go public," OpenAI CEO Sam Altman told Fortune. Source:CoinDesk
Elon Musk backs Anthropic’s call to slow down AI progress before rogue bots take over the entire internet
Leaders of major AI companies say they agree with Anthropic CEO Dario Amodei, who just called for the tech industry to move more slowly with model development.…
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
‘I still don’t have my MRI’: My health insurer canceled my plan without warning. Is that legal?
“It wasn’t an ACA plan, but it was meaningfully cheaper than anything I could find on the ACA exchange.” Source:MarketWatch
Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.…
Marvell is sitting on an incredibly ‘sticky’ business that could help it unlock a $30 billion opportunity
Marvell is best known for making custom chips — but an analyst notes there’s arguably more potential in supporting components and optical networking.…
Why Dell and HPE were the S&P 500’s top-performing stocks today
Oracle’s earnings provided an upbeat read for hardware suppliers — but the Fed’s interestrate moves could dictate just how much they continue benefitting.…
The Houthis have opened a new front in the Middle East oil war that’s pushing up prices
A Red Sea crisis deepens as the Saudi EastWest pipeline is shut down and the Houthis grab effective control of the strategic Bab alMandeb Strait.…
Salesforce’s stock has been riding a wave of AI optimism. Here’s what Wall Street wants to see next.
Salesforce’s Dreamforce conference next week could offer a glimpse of how its recently announced Claudeforce partnership with Anthropic will play out.…