OpenAI Is Shedding Baggage. Now It Needs a Jury’s Help

Published on April 30, 2026

The stakes for OpenAI are existential at worst and a serious burden at best as it seeks to go public. In preparation, the company has taken spring cleaning to the next level — embarking on a culling of “side quests” like the video creator Sora, ending some science research and even putting on hold its plans for an erotic version of ChatGPT.

Continue reading on website
Other news

Robust 2026-2027 Earnings Growth is a Live Probability

April 30, 2026
The stock market would love to see nothing more than the labor market holding up. Time and again, we find monetary policy having a beautiful, lagged effect in the jobless claims series. We are of the view that the cumulative 175 basis points of Fed rate cuts that hit the market in 2024 and 2025 is exactly what the labor market needs in 2026-2027. We will soon find out if manufacturing employment c

TIPS for Inflation Protection

April 30, 2026
Treasury Inflation-Protected Securities, or TIPS, can help buffer a portfolio against inflation. However, it's important to understand their unique characteristics and complex nature.