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Why Shopify Stock Jumped 17% in October
Yahoo Finance· 2025-11-05 12:27
Key Points The market lifted Shopify stock as it felt better about tariffs. Shopify reported strong third-quarter earnings, but the market didn't love it. Shopify is increasingly serving large enterprise customers. 10 stocks we like better than Shopify › Shopify (NASDAQ: SHOP) stock soared 17% in October, according to data provided by S&P Global Market Intelligence. The e-commerce software provider benefited from improving market sentiment about tariffs, and that was followed up by a fantastic thi ...
SoftBank and OpenAI join forces to reshape Japan's AI economy next year
Invezz· 2025-11-05 11:18
SoftBank Corp. and OpenAI are joining forces to roll out new artificial intelligence services for Japanese businesses next year, marking a major step in Japan's push to harness AI across industries. ...
OpenAI is now the world's most valuable private company at $500 billion
Yahoo Finance· 2025-10-02 13:30
Group 1 - OpenAI has surpassed SpaceX to become the largest startup and most valuable private company globally, with a valuation of $500 billion [1] - The company authorized a secondary share sale of $10.3 billion, ultimately selling $6.6 billion to investors including Softbank and T. Rowe Price [1] - This valuation increase from $300 billion to $500 billion positions OpenAI ahead of SpaceX, valued at $400 billion, and ByteDance at $220 billion [1] Group 2 - OpenAI is transitioning to a Public Benefit Corporation (PBC) controlled by its nonprofit arm, which holds an equity stake of over $100 billion [2] - Elon Musk, a co-founder of OpenAI, is opposing this transition in court, claiming it violates the company's founding mission [2] - The PBC structure is expected to attract more investors by removing caps on financial returns, as OpenAI aims to raise significant funds for data center expansion [3]