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OpenAI Valuation Soars to $500 Billion, Crowned World’s Most Valuable “Unicorn”
TradingKey - According to the latest reports, OpenAI has completed a secondary transaction involving employee share sales, valuing the company at approximately $500 billion — surpassing SpaceX’s $400 billion valuation and making it the most valuable startup in the world.TradingKey
Fri, Oct 3
Gold drifts lower amid positive risk tone, further USD recovery; downside seems limited
Gold (XAU/USD) struggles to capitalize on the overnight late rebound from the $3,820 region and attracts some sellers during the Asian session on Friday. The global risk sentiment seems unfazed by a partial US government shutdown for the third straight day.
Fxstreet
Fri, Oct 3
GBP/USD strengthens above 1.3430 as traders weigh impact of US government shutdown
The GBP/USD pair posts modest gains around 1.3435 during the Asian trading hours on Friday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as the US job market slows down and the government enters a shutdown.
Fxstreet
Fri, Oct 3
GBP/JPY rebounds to mid-198.00s as JPY weakens on political uncertainty and risk-on mood
The GBP/JPY pair gains strong positive traction on Friday and now seems to have snapped a four-day losing streak to a nearly one-month low, around the 197.50-197.45 region, touched the previous day.
Fxstreet
Fri, Oct 3
OpenAI dismisses Elon Musk’s lawsuit as “harassment tactic”
Artificial intelligence company OpenAI has pushed back at xAI CEO Musk’s recent lawsuit, calling it part of an “ongoing harassment campaign” to undermine its operations. The ChatGPT maker released a statement with emails, X posts, court filings, and opinionated articles to shun Elon Musk’s legal chCryptopolitan
Fri, Oct 3
Australian Dollar holds gains following PMI data release
The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Friday after registering losses in the previous session. The AUD/USD pair remains steady following the release of S&P Global Purchasing Managers’ Index (PMI) data.
Fxstreet
Fri, Oct 3
Musk’s push to transfer SEC probe of Twitter deal to Texas rejected by Federal judge
A federal judge has rejected Elon Musk’s appeal to transfer the case of the Securities and Exchange Commission’s (SEC) legal inquiry into the timing of his Twitter stake announcement to Texas. Elon Musk has faced legal scrutiny from regulators in both the U.S. and the UK over the management of hisCryptopolitan
Fri, Oct 3
Quantum, Storage Shares Rally. IONQ, Rigetti, SEALSQ up Around 3%; Western Digital up over 4%, SanDisk up over 3%
Quantum shares rallied in premarket trading. IONQ, Rigetti, SEALSQ up around 3%; Quantum Computing up 2%; D-Wave Quantum up 1%.Storage shares gained in premarket trading. Western Digital up over 4%; SanDisk up over 3%.
Tiger News
Thu, Oct 2
Dogecoin Will Hit $4 This Bull Run— ‘It’s All Math,’ Says Analyst
Crypto analyst Cantonese Cat (@cantonmeow on X) argues that DOGE remains in a long-duration advance that has not yet delivered its terminal impulse. In a video analysis published on October 1, the analyst lays out a multi-cycle framework built on logarithmic charting, Elliott Wave structure, and Fib
NewsBTC
Thu, Oct 2
Quantum Meets Medicine: Novo Nordisk and Denmark Back Global Flagship Quantum Venture Fund
TradingKey - As Novo Nordisk faces growing pressure in the U.S. weight-loss drug market, the Danish pharmaceutical giant is accelerating its push into a futuristic frontier: quantum computing for medicine. In a major move, it has partnered with the Danish government to invest in the world’s largest
TradingKey
Thu, Oct 2
Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’?
Following a massive Q3 performance, Solana (SOL) has kicked off “Uptober” with a bounce, attempting to reclaim a crucial area as support to continue its bullish rally. Some analysts have suggested that the cryptocurrency is ready to challenge the recent highs and enter a new price discovery phase. R
NewsBTC
Thu, Oct 2
How to Trade a U.S. Government Shutdown? Stocks Aren’t a Sure Bet while Gold Shines Brighter
TradingKey - The U.S. government officially shut down on October 1 after the Senate once again rejected a temporary spending bill, triggering the first shutdown in seven years. Despite rising political and economic uncertainty, both U.S. stocks and gold hit new all-time highs. Analysts say the
TradingKey
Thu, Oct 2
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SpaceX Stock Price Prediction: Can Starship, Starlink and Space AI Support SpaceX’s Long-Term Valuation? Can the Stock Price Still Rise?
Intel (INTC) Price Forecast: Two Days From Earnings; 317% YoY Gain, 12% Options Swing
Intel Job Cuts Reported Ahead of Earnings: Why AI Recovery Still Can’t Stop Data Center Unit From Shrinking Again?
IBM Stock Steady at $213 Before Wednesday Earnings — 7% Options Swing
Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?
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