Note Category: Market Reactions

CPI did not kill the AI infrastructure trade. It made the trade more expensive. That distinction matters. May inflation came in hot at the headline level. Consumer prices rose 4.2% year over year and 0.5% month over month, according to Reuters. The main pressure came from energy. Core CPI was calmer, rising 2.9% year over … Read more

The company has not committed to a listing date. In fact, OpenAI said timing has not been decided and that “it may be a while,” because some things may be easier to complete as a private company. Reports have suggested a public listing could come as early as fall 2026, but no timeline is confirmed. … Read more