SoftBank Is Going All In on OpenAI, But at What Cost?

Published on April 21, 2026

Would you buy OpenAI’s shares even though the transaction might expose you to a liquidity crunch? SoftBank Group Corp.’s founder Masayoshi Son did just that.

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Bill Ackman Is Dangling the Chance of a Quick Buck

April 21, 2026
Billionaire money manager Bill Ackman is giving away a stake in his firm to investors who support his latest hedge-fund launch. This looks like a good deal. And so it should: If you’re selling a fund in the form of an initial public offering, you have to dangle the prospect of a quick buck.

Pentagon Seeks $75 Billion for Drones in Record Defense Budget

April 21, 2026
The Pentagon’s largest-ever budget request earmarks $75 billion for drones and technologies to counter them, mainly for a massive increase for a little-known office working with US commandos to test and evaluate various systems, according to defense officials.