OpenAI Wants to Create a 'Public Benefit Corporation.' Here's What That Means

Barron'sDec 27 09:00 ET

Overnight news: US stocks closed lower, Chinese concept stocks broadly declined, large Technology stocks faced sell-offs, Google reported unstable morale, the South Korean won fell for five consecutive weeks, and the USA is closely monitoring the politica

To view more global financial News, please visit the 24/7 real-time financial news. Market Close: U.S. stocks closed lower on Friday, with major Technology stocks falling broadly. All three major indices recorded gains this week. On December 27, the top 20 U.S. stock transaction volumes showed that several domestic automotive companies launched price reduction promotion strategies, with Tesla dropping nearly 5%. On Friday, popular China Concept Stocks fell broadly, with NIO and Xpeng down over 4%, JD.com down over 3%, and Kingsoft Cloud rising over 23%. Crude Oil Product: Oil prices are rising towards the end of the year, and the market is focusing on risks in 2025. Gold futures in New York fell nearly 0.7% on Friday, reporting at $2635.70 per ounce. Major European stock indices collectively rose, with the German DAX30 Index up 0.6.

Global market broadcast.17:40 ET

Weekly Buzz: So far, Santa is Letting us Down

Kevin Travers16:59 ET

Alphabet-A Options Spot-On: On December 27th, 357.22K Contracts Were Traded, With 2.7 Million Open Interest

Moomoo News16:30 ET

Unusual Options Activity: GOOGL, MSFT and Others Attract Market Bets, GOOGL V/OI Ratio Reaches 92.9

Moomoo News16:30 ET

Sam Altman's OpenAI Plans Major Restructuring to Non-Profit Structure Amid Rising Costs

Benzinga14:02 ET