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OpenAI Chairman Bret Taylor stated there's no concrete timeline for an IPO, confirming a confidential SEC filing was made to preserve future options. He emphasized current focus remains on achieving internal goals before considering public listing, with no immediate plans for market entry.
Read MoreA dormant Bitcoin wallet inactive since late 2017 moved 5,907.56 BTC worth approximately $384 million on July 17. The holdings, acquired at an average price around $17,000, have appreciated by about $286 million. Funds were transferred to a new non-exchange address, migrating from legacy to modern bc1q format, with no immediate sale indicated.
Read MoreThe average U.S. 30-year fixed mortgage rate rose to 6.55% this week, marking the second consecutive weekly increase and reaching its highest level since late August 2025. Renewed Middle East tensions have pushed Treasury yields higher, stoking fresh inflation concerns.
Read MoreThe Clarity Act establishes a federal regulatory framework for centralized crypto platforms, brokers, and custodians, covering registration, asset custody, and market integrity. It aims to address consumer protection gaps exposed by past platform failures, providing clearer safeguards.
Read MoreHouse Speaker Mike Johnson announced plans to hold a vote next week on a stopgap funding bill to avert a government shutdown before the September 30 deadline. This move kicks off a critical budget battle ahead of the November midterm elections, with potential shutdown risks if Congress fails to act.
Read MoreA US teleprompter operator is under CFTC investigation for allegedly betting on Trump's speech content on prediction platform Kalshi using advance knowledge. The platform flagged suspicious trades and is cooperating with regulators.
Read MoreHouse Speaker Mike Johnson plans to bring a stopgap spending bill to a vote next week, aiming to fund the government temporarily and avert a shutdown after the fiscal year ends on September 30. This move kicks off a critical funding battle ahead of the midterm elections.
Read MoreNVIDIA shares fell over 3% on July 16 after the U.S. International Trade Commission launched a 337 investigation into certain DRAM devices and downstream products. The probe involves major tech firms including Samsung, Google, NVIDIA, Super Micro Computer, and Broadcom, raising concerns about supply chain and patent risks.
Read MoreThe Israeli President stated that Iran's nuclear capability is the fundamental cause of the regional conflict. He insisted any future agreement must include explicit, binding conditions to prevent Tehran from developing nuclear weapons or militarizing the Strait of Hormuz as leverage.
Read MoreBenchmark initiates coverage on leading EDA firms with Buy ratings, citing AI integration, rising chip design complexity, and solid industry fundamentals as key drivers for sustained long-term demand and significant growth potential.
Read MoreIran's Foreign Ministry accused the US on July 16 of escalating attacks on civilian infrastructure and committing war crimes. It condemned the US for violating diplomatic commitments three times within a year, breaching a recent memorandum within 20 days. Iran warned neighboring states against providing facilities for US aggression.
Read MoreOn July 16, Houthi forces issued a stark warning that all Saudi oil facilities and critical infrastructure would become missile targets if Saudi Arabia launches renewed aggression in Yemen. This escalation threat directly endangers regional energy security and global oil markets.
Read MoreA significant bloc of 103 Democratic lawmakers voted in favor of cutting U.S. military aid to Israel, citing concerns over its military campaigns and expansion. This reveals deepening divisions within the party over Middle East policy and could reshape future diplomatic approaches.
Read MoreHouse Speaker Mike Johnson announced plans for a vote next week on a stopgap spending bill to fund the government and avert a shutdown before the September 30 deadline, kicking off a high-stakes budget battle.
Read MoreThe Houthi movement warned that if Saudi-led coalition resumes full-scale aggression in Yemen, all Saudi oil facilities and critical infrastructure will become legitimate targets for their missiles, escalating regional tensions and energy security risks.
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