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OpenAI Faces Mounting Executive Turnover as Sam Altman Eyes IPO

OpenAI is facing continued internal upheaval after nearly half a dozen reorganizations this year, as chief executive Sam Altman works to prepare the ChatGPT maker for a potential blockbuster IPO. Repeated executive reshuffles and a series of senior departures have left some staff frustrated …

Nitish Kishor | 17 August 2026

C3is Board (NASDAQ: CISS) Determines to Effect 1-for-40 Reverse Stock Split, Effective August 19

C3is Inc. (NASDAQ: CISS) announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the company's common stock,Par Value$0.01 per share.

Nitish Kishor | 17 August 2026

US Stocks Fall as Oil Prices and Treasury Yields Jump on US-Iran War Concerns

US stocks fell Monday as oil prices and Treasury yields jumped amid renewed concerns that the US-Iran war could reignite, with the Dow Jones Industrial Average (^DJI) declining 0.5% and the S&P 500 (^GSPC) also falling 0.5% after the benchmarkindexposted its third straight weekly …

Nitish Kishor | 17 August 2026

SpaceX (NASDAQ: SPCX) Shares Surge 5% as Major Investors' Stakes Come Into View

SpaceX (NASDAQ: SPCX) shares are surging over 5% Monday as the curtain lifts on who owns the company, with new quarterly disclosures offering the first broad look at SpaceX ownership since the company went public on June 12.

Nitish Kishor | 17 August 2026

Oil Prices Surge Past $90 as Trump Says US-Iran War Won't End Soon

Brent crude (BZ=F) futures, the international benchmark, hit $90 per barrel Monday after President Trump said he doesn't see the US-Iran war ending anytime soon, fueling renewed concerns about a further escalation in the conflict.

Nitish Kishor | 17 August 2026

30-Year Treasury Yield Hits Highest Level Since 2007 Amid Debt Concerns

US bonds sold off across the board Monday, pushing the 30-year Treasury yield (^TYX) to its highest level since the beginning of the financial crisis, rising 5 basis points to 5.31%, its highest level since June 2007.

Nitish Kishor | 17 August 2026

Nvidia (NASDAQ: NVDA) Inks $105 Billion Deal for OpenAI Data Center

Nvidia Corporation (NASDAQ: NVDA), OpenAI, and SB Energy are teaming up to build a massive 8-gigawatt data center facility in Ohio, with Nvidia providing more than $105 billion in financing to secure land, power, and a shell for the site.

Nitish Kishor | 17 August 2026

Smart Powerr Corp. (OTC: CREG) Restructures Board and Executive Leadership

Smart Powerr Corp. (OTC: CREG) experienced a major shift in leadership on August 13, 2026, with several high-profile resignations that could impact its operational strategy. The company saw the departure of its Chief Financial Officer, Jackie Shi, as well as the resignation of board …

Vinay Lochav | 17 August 2026

StoneBridge Acquisition (NASDAQ: APACR) II Corp Waives $10,000 Monthly Fee

StoneBridge Acquisition II Corp (NASDAQ: APACR) has implemented a significant financial change by waiving a $10,000 monthly fee previously owed to Scieniti LLC. This arrangement was part of an Administrative Services Agreement signed on September 30, 2025, focusing on administrative support and office-related expenses. …

Vinay Lochav | 17 August 2026

David Godsman Takes Interim Charge of Global Sales at Wheels UP

Wheels Up Experience Inc. (NYSE: UP) has announced a significant leadership change as Chief Sales Officer Mark Briffa will depart the role, effective September 1, 2026. He will remain with the company during the transition period to assist in the orderly transfer of his …

Vinay Lochav | 17 August 2026
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