US stock futures edged up on Thursday following a tech-fueled rally in the previous session. OpenAI is reportedly in talks to raise funds at a $150 billion valuation, solidifying its position as a leader in artificial intelligence. Meanwhile, Boeing employees in the US Pacific Northwest are likely to reject a tentative labor deal and support a potential work stoppage.
Investing.com -- US stock futures edged up on Thursday following a tech-fueled rally on Wall Street in the previous session. OpenAI is reportedly in talks to raise funds at a $150 billion valuation, possibly solidifying the company's reputation as the posterchild of booming enthusiasm in artificial intelligence. Elsewhere, Boeing employees in the US Pacific Northwest are likely to reject a tentative labor deal and support a potential work stoppage, media reports say.
The $150 billion valuation is nearly twice as large as the $86 billion at which it was valued earlier this year. According to the Financial Times, venture capital firm Thrive Capital is leading the funding round, while other prospective backers include Apple (NASDAQ: However, the employees, who are represented by the International Association of Machinists District 751, are likely to reject the deal on Thursday, according to media reports. Workers are reportedly asking for bigger wage increases and other improvements to the agreement.
Expectations of tighter supplies helped crude rebound from near three-year lows hit earlier this week, although, with the storm due to dissipate after making landfall, traders are beginning to focus once again on demand worries.Scan QR code to install app
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