The mechanism actually doesn't even really matter. It's an inside a share sale that sets this valuation of $500 billion. But it feels like just yesterday that we broke the story on the last $300 billion valuation.Tell us about the jump. Tell us about what we're hearing from sources is going on. Yeah.I mean, it's a significant jump in valuation. More than two thirds of the last price tag, you know, the last round that we reported on, it finalized in March led by SoftBank. Since then, we've seen strong, you k ...

In half a trillion. Take that in. It's in talks with investors around a potential employee share sale.Mackenzie Sigalos digs into this for us in today's tech check. Mac. Hey there.Morgan. So I spoke to a person close to deal talks, and we know that the secondary will be bigger than that $1.5% billion. The amount of equity involved in the last employee share buyback.Now, part of why we're seeing that floor rise is simply timing. So OpenAI has a two year hold rule. As more time passes, more employees are elig ...

OpenAI now eyeing a staggering half a trillion dollar valuation after early stage talks with investors about an employee stock sale. Mackenzie Sagalos has that news for today's tech check. Hey Mac. Hey Leslie.So this deal, which would allow both current and former employees to sell vested shares, would put OpenAI ahead of SpaceX as the most valuable private company in the world and make it worth more than Netflix or Exxon Mobile, marking one of the fastest climbs to that level in tech history. Now, sources ...

Peter. 500 billion. I mean, suddenly everything changes in terms of valuations for the big leaders.Yeah, it's quite a scoop. I mean, really, this is this is open air trying to reward some of its employees, its current employees and its former employees. Back in the old days, startups just didn't do this sort of thing.They didn't want people to be able to cash out of their stock, partly because they thought it would maybe lose some interest in the company. Also, they didn't want them to get too rich, that th ...

🚨 JUST IN: OpenAI is considering for secondary share sale at $500B valuation for current and former employees, up from the previous $300B, per Bloomberg. https://t.co/1BDFA5scF4 ...

some confirmation and it may get it at Jackson Hole. If the chair uses that platform to set the table I want to move and talk about the stock of the day because it's Palantir and it is at a record high. After beating on earnings, surpassing $1 billion in quarterly revenue for the first time ever.The stock has just ripped. We've mentioned it on so many occasions because of what's happened in the high beta universe, where most of those stocks have ripped, but this is the one that investors have continued to z ...

30 July 2025 | 7:17PM CST Hisense Home Appliances Group (000921.SZ): 2Q25 First Take: Central AC weigh on growth, core margins in-line; Buy Hisense Home Appliances reported below-expectation 2Q25 results post market close of July 30. Total revenue/net profit in 1H25 was Rmb49,340mn/Rmb2,077mn, growing by +1%/+3% yoy, and implying -3%/-8% yoy in 2Q (-7%/-8% vs. GSe). The by-product performance is consistent with our preview where we expect central AC to decelerate again impacted by both less support from tra ...

Summary of Amazon.com Inc. (AMZN) Q2 2025 Earnings Call Company Overview - **Company**: Amazon.com Inc. (AMZN) - **Quarter**: Q2 2025 Key Financial Metrics - **Total Revenues**: Grew by 13% YoY to $167.7 billion, exceeding Goldman Sachs estimates of $162.5 billion and FactSet consensus of $162.2 billion [2] - **GAAP EBIT**: Reported at $19.2 billion, surpassing Goldman Sachs estimate of $16.8 billion and Street estimate of $16.9 billion [2] - **AWS Revenue**: Increased by 17% YoY to $30.9 billion, slightly above Goldman Sachs estimate of $30.7 billion and Street estimate of $30.8 billion [5] - **Operating Income Guidance for Q3 2025**: Expected between $15.5 billion and $20.5 billion, compared to Goldman Sachs estimate of $17.8 billion [6] Segment Performance - **Online Stores Revenue**: Grew by 11% to $61.5 billion, exceeding Goldman Sachs estimate of $59.3 billion [2] - **Physical Stores Revenue**: Increased by 7% to $5.6 billion, in line with Goldman Sachs estimate [2] - **Third-Party Seller Services Revenue**: Grew by 11% to $40.3 billion, surpassing Goldman Sachs estimate of $39.1 billion [2] - **Subscription Services Revenue**: Increased by 12% to $12.2 billion, slightly above Goldman Sachs estimate of $12.0 billion [2] - **Advertising Services Revenue**: Grew by 23% to $15.7 billion, exceeding Goldman Sachs estimate of $14.6 billion [5] Forward Guidance and Expectations - **Q3 2025 Revenue Guidance**: Expected to be between $174.0 billion and $179.5 billion, with a favorable impact from foreign exchange rates [6] - **Focus Areas for Investors**: - Global consumer state as 2025 progresses - Realignment of global operations in response to potential tariff changes - Key investments and efficiency sources across commerce initiatives - Non-revenue generating investments impacting profitability, such as Project Kuiper satellites - AWS revenue growth and margin dynamics, particularly in the competitive landscape [1] Risks and Challenges - **Risks to Buy Rating**: - Competition impacting eCommerce and Cloud growth - Challenges in scaling high-margin businesses like Advertising and Cloud - Investments creating headwinds to gross or operating margins - Regulatory compliance changes affecting product/platform adjustments - Exposure to global macroeconomic volatility and investor risk appetite for growth stocks [8] Valuation and Price Target - **12-Month Price Target**: Set at $220, based on a blend of EV/GAAP EBITDA and modified DCF analysis [7] - **Current Price**: $230.19, indicating a downside potential of 4.4% [9] Additional Insights - **AWS Profitability**: Notably weaker than Goldman Sachs estimates in Q2, with a focus on specifics regarding AWS revenue growth drivers for the second half of 2025 [1] - **AI Landscape Commentary**: Anticipated management commentary on AI developments and capital expenditure trends during the earnings call [1]

August 1, 2025 05:27 AM GMT China Education | Asia Pacific TAL vs. EDU - Our Thoughts after results Key Takeaways F26 Outlook Margins Shareholder Return Valuation M Update Morgan Stanley Asia Limited+ Eddy Wang, CFA Equity Analyst Eddy.Wang@morganstanley.com +852 2239-7339 Kathy Zhu Research Associate Kathy.Zhu@morganstanley.com +852 3963-2618 Gary Yu Equity Analyst Gary.Yu@morganstanley.com +852 2848-6918 China Education Asia Pacific Industry View Attractive Morgan Stanley does and seeks to do business wit ...

Joining us now is Clockwise Capital CIO James Chuckmuk. Sarati is with us on set as well. Both are in a lot of tech names that we regularly talk about it.And James to to start off with Palunteer this is a run reminiscent of Nvidia say starting sometime in 2023 um but maybe faster than that. What do you have to believe about Palunteer and its Nvidiaike potential to to keep buying it here. Yeah, I mean it's it's a historic run uh that we've seen out of Palunteer.You know, when we first bought it back in the $ ...