What ‘IPO’ really stands for — and whether you should be buying SpaceX and the AI giants

Should you be chasing shares of SpaceX? How about Anthropic and OpenAI if and when they go public later this year? To get to an answer, let’s explore the various meanings of “IPO”.  These three letters – I, P and O – excite emotions like few others in finance. Elon Musk’s rocket company launched an initial public offering this month that has made Musk a trillionaire while instantly minting millions and even billions for many of his friends and employees. Now, investors are salivating over more blockbuster IPOs that could land in the months ahead: OpenAI, Anthropic, Databricks and Anduril among them.…

Kristi Noem’s cross-dressing hubby Bryon allegedly continued messaging dominatrix after bombshell report: ‘I’ve been a really bad boy’

Former Homeland Security Secretary Kristi Noem’s cross-dressing husband, Bryon, allegedly sent a pathetic, sexually charged text message to a sex worker more than a month after his bizarre “bimbofication” fetish was exposed in a bombshell report.  Shy Sotomayor, a dominatrix who allegedly had a secret, years-long online tryst with Bryon,…

Lakers must prove Luka Doncic is priority by drafting a center

Luka Dončić will be closely watching how this unfolds.  Ever since he was traded to the Lakers in February 2025, they’ve vowed to build a contender around him.  Well, summer 2026 has arrived and the sand is now streaming through the hourglass. The Lakers could have up to nine free agents. And…

Can AI really simulate human thinking? Research casts doubt on an influential study, suggesting an advanced model was just really good at memorizing patterns.

Researchers have cast doubt on an influential 2025 study that claimed a new artificial intelligence (AI) model could accurately simulate human thought.That study, published in the journal Nature, concluded that a large language model (LLM) called Centaur could “predict and simulate human behavior” with up to 64% accuracy across a…

Giants lose Roy Robertson-Harris to Achilles tear in early injury crusher

The Giants’ new-look defensive tackle unit will be without one of its holdovers. Veteran Roy Robertson-Harris tore his Achilles during Thursday’s practice, according to The Athletic, which likely means his season is over before it even started. The Giants signed the 32-year-old to a two-year, $9 million deal last offseason…

Feds dramatically drop charges against Illinois anti-ICE activists – including ex-congressional candidate Kat Abughazaleh – amid grand jury misconduct claims

Chicago’s US attorney abruptly dismissed a criminal case Thursday against four anti-ICE activists — including former Democratic congressional candidate Kat Abughazaleh — after a federal judge called out prosecutors for rigging the grand jury to secure an indictment. US Attorney Andrew Boutros announced his office was dropping the charges with…

NFL nirvana is 18-game schedule, but it’s not only for fans’ benefit

ORLANDO — The NFL has a clear vision of what its ideal regular season looks like. And like a pound-and-ground offense that keeps churning downfield, one 5-yard run after another, the end zone is now within reach. The league’s nirvana is an 18-game regular season and one international game for…

DNC ‘autopsy’ of 2024 defeat says Biden loyalists neglected Harris, claims GOP ‘learned more from Obama’ than Dems

WASHINGTON — A slipshod, error-riddled draft “autopsy” of Donald Trump’s crushing 2024 election victory commissioned by the Democratic National Committee largely blamed allies of former President Joe Biden for failing to properly support former Vice President Kamala Harris — but also knocked the party apparatus as relying on “negative partisanship” to win races. The draft, begrudgingly released by the…

Markets

More
More forecasts: Weather 30 days Sydney