Stocks Rise as AI Concerns Ease; Dollar Rally Persists
US equity futures rebound from two days of losses as OpenAI is reportedly expecting to reach or exceed $70 billion in annualized revenue by year-end, easing concerns that sales were falling short of earlier estimates. The dollar rally continues as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist. Sitara Sundar of JPMorgan Private Bank joins…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
