Short sellers see opportunity as chip stocks rally breaks, bears hold firm into Nvidia earnings

Despite a pullback across semi shares in recent sessions, traders betting against some of the industry’s biggest names have shown little sign of retreating.
OpenAI to confidentially file for IPO as soon as Friday: Source

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U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages

Trump told reporters that the administration was in the “final stages” of negotiations with Iran, according to a pool report.
Nvidia earnings live updates: Data center sales, margins and AI outlook in focus

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Bezos says 2-3 year timeline for space data centers is a ‘little ambitious’

Space companies are racing to make data centers in space a reality, as artificial intelligence skyrockets demand for energy and land resources.
Wendy’s taps former Potbelly CEO to lead struggling burger chain

Nelson Peltz’s Trian Fund Management is seeking funding to take Wendy’s private, according to a Financial Times report.
Here’s how Nvidia has traded each of the last 16 quarters

Options pricing has overestimated the size of Nvidia’s post-report swing six of the past seven quarters, and 14 of the past 20, according to Cboe LiveVol data.
Reebok owner Authentic Brands Group inches closer to IPO, taps former Wynn Resorts exec as CEO

Authentic Brands Group, the firm behind Reebok and Champion, is bringing in a public company veteran as its next CEO, signaling it’s readying for an IPO.
Two Jan. 6 police officers sue Trump to block $1.8B ‘lawfare’ fund

The Department of Justice agreed to create the fund to settle a $10 billion lawsuit by President Trump over the leak of his tax records by an IRS employee.
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months

Mercury has emerged as one of a select group of fintech firms, like Ramp and Stripe, that continued to thrive after the collapse of pandemic-era valuations.