OpenAI advertising business passes $1 billion in annual revenue

Stocks Published: Tuesday, August 4, 2026, 8:01 [IST] US equities kicked off August on a powerful note, with the Dow Jones Industrial Average closing at a fresh record high on Monday, supported by a sharp rally in technology stocks, easing crude oil prices and stronger-than-expected US manufacturing data. Investor sentiment also improved as hopes of…

Strategy (MSTR -4.56%) and Bitcoin (BTC +0.65%) have both performed poorly this year. They have year-to-date losses of 38% and 29%, respectively. However, if you had to choose between these assets, Bitcoin is the better buying opportunity. Strategy functions as a leveraged bet on Bitcoin that doesn’t make much sense in the long run, especially…

Consolidators in the wealth management industry expect a years-long rise in registered investment advisor valuations to finally flatline in the latter half of 2026. According to a survey released by DeVoe & Company on Thursday of 40 RIA executives from consolidators, 82% anticipate stable RIA valuations, 18% expect declines, and none expect increases. The shift…

Grayscale Investments has highlighted that the HYPE token linked to the Hyperliquid protocol continues to appear attractively priced relative to publicly traded fintech companies, even after substantial price appreciation earlier this year. The assessment comes from Zach Pandl, the firm’s head of research, in a recent note published on the company’s research platform. Hyperliquid stands…

Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011. Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and…

Investing in space is a huge growth opportunity for investors. Did you know that by 2034, the global space economy is projected to be worth more than $1.1 trillion? That’s according to analysts from Fortune Business Insights. In 2025, it was estimated to be worth $648 billion. It’s already large and is on track to…