🚨🇺🇸 BREAKING: OpenAI just filed to go public, joining the biggest IPO race tech has ever seen...
-The ChatGPT maker confidentially filed IPO paperwork with the SEC and could list as soon as this fall, though it cautions "it may be a while"
-OpenAI was valued above $850 billion in its most recent funding round
-It joins SpaceX and Anthropic, all chasing public listings at enormous valuations
-SpaceX is furthest along, set to list this week in what would be the largest IPO in history, potentially making Elon the world's first trillionaire
-Altman is pushing ahead even as OpenAI reportedly missed internal revenue targets and rival Anthropic pulled ahead with business customers
The frontier AI labs and Elon's rocket company are all sprinting for the public markets at once, and the combined numbers are absolutely staggering.
SpaceX is days from the biggest IPO in history, OpenAI north of $850 billion, Anthropic close behind.
Source: WSJ / Writer: Daniel
🇺🇸 Heavy security lockdown at Madison Square Garden for Game 3 of the NBA Finals:
- Fencing installed around the arena
- Bags completely prohibited
- Fans told to arrive at least 2 hours early
All because President Trump is attending, the first sitting president ever at an NBA Finals game.
NYC prepping for a chaotic night.
Writer: Lynn
GAME 3 AT MSG 🍿
Jalen Brunson (20p, 6a) and the Knicks picked up their 13th straight Playoff victory in a wild Game 2.
With NYK up 2-0, the series shifts to New York for the first NBA Finals game at MSG since 1999.
Spurs/Knicks Game 3: Tonight at 8:30pm/et on ABC and ESPN 🏆
🇺🇸 Trump’s NBA Finals visit is turning Game 3 at Madison Square Garden into a security lockdown.
The Knicks are hosting their first Finals home game in 27 years, with Trump expected in a suite.
Writer: Sol
BREAKING: President Trump reportedly called Israeli Prime Minister Netanyahu and warned him that if he went back to war with Iran, he might be fighting on his own, per Axios.
Trump reportedly said, "Bibi, you better be careful, or you will be on your own very soon."
$NBIS signed a 10-year deal with Kao Data for 22MW of AI infrastructure at its UK Harlow campus.
The capacity will support Nebius AI Cloud and Token Factory forming part of its ~$2.3B UK investment as it expands its global AI infrastructure footprint.
Inflation, rates, and policy decisions in the same week 👀
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Jun 7–13 brings several key releases, including:
📍 CPI & Core CPI
📍 PPI & Core PPI
📍 ECB Main Refinancing Rate
📍 ECB Monetary Policy Statement
📍 ADP Employment Change
📍 Crude Oil Inventories
📍 Natural Gas Storage
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Expect sharp volatility and trading restrictions across multiple sessions.
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The market will have plenty to react to.
Stay patient.
Stay disciplined.
Let the setups come to you. 📈