WS #11433
OpenAI files for IPO with potential $1 trillion valuation, with Microsoft holding ~27% stake worth ~$270 billion, a major positive for MSFT. Michael Burry says 'the end is nigh' for the AI trade, channeling The Joker, introducing a bearish counter-narrative to the prevailing AI optimism. Apple raises prices on MacBook, iPad, and Apple TV by up to $400 due to DRAM shortage from AI data center demand, causing a 6.12% stock drop.
OpenAI IPO Filing at $1 Trillion Valuation
OpenAI files for IPO with potential $1 trillion valuation, with Microsoft holding ~27% stake worth ~$270 billion, a major positive for MSFT.
Michael Burry says 'the end is nigh' for the AI trade, channeling The Joker, introducing a bearish counter-narrative to the prevailing AI optimism.
Apple raises prices on MacBook, iPad, and Apple TV by up to $400 due to DRAM shortage from AI data center demand, causing a 6.12% stock drop.