TLDR

MARKET RECAP → Stocks fell on Wednesday as NVIDIA (NVDA) earnings loomed large after the market closed.

OPENAI EYES $100 BILLION VALUATION → 💸 OpenAI is in talks to raise funding that could value the company at over $100 billion, reflecting its rapid growth and the increasing demand for advanced AI technologies.

YOUNG ADULTS' UNHAPPINESS GOES BEYOND SOCIAL MEDIA → 😞 Young adults are increasingly unhappy, driven not just by social media but also by economic pressures, job insecurity, and social isolation, highlighting deeper societal challenges.

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MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Week

TODAY’S TOP NEWS

OpenAI Eyes $100 Billion Valuation

💸 OpenAI was in discussions to raise new funding, which could value the company at over $100 billion, reflecting the growing demand for advanced AI technologies.

🚀 The potential investment would significantly boost OpenAI's resources, enabling further development in cutting-edge AI models and expanding its influence in the tech industry.

🔍 This fundraising effort underscored OpenAI's rapid growth and the increasing importance of AI in various sectors, as investors eagerly sought a stake in the company's future.

TODAY’S TOP NEWS

Young Adults' Unhappiness Goes Beyond Social Media

😞 Young adults are more unhappy than ever, but experts suggested that social media isn't the sole culprit, pointing to economic pressures, job insecurity, and social isolation as significant contributors.

💼 The challenges of entering a volatile job market and facing high costs of living have exacerbated stress and dissatisfaction among this age group.

🌐 While social media plays a role in amplifying negative feelings, the underlying issues are more deeply rooted in societal and economic changes impacting young adults today.

BULL VS. BEAR

NOTABLE POSTS

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The Fed now will focus on the employment part of its mission — and for good reason (CNBC)

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