First Look: S&P 500 Hits Record, OpenAI Revenue Surges, Fast Food Price Wars

This is Guru Focus first look, your morning market brief for Friday, August 14. Here are the stories driving markets today. The S&P 500 closed at a new all-time high of 7,757.64%, marking its 26th record close of the year and underscoring continued investor optimism despite recent market volatility.This milestone came as other major US indexes also reached new highs buoied by easing inflation data and falling oil prices. Although futures trading remain choppy ahead of the weekend. Turning now to Open AI, th ...