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…

Knicks’ resurgent defense shuts down Cavaliers stars

James Harden remains the face of postseason failure, shooting under 36 percent from the field (under 27 percent on 3-pointers) with more turnovers (six) than assists (five) through the first two games of the Eastern Conference finals. Donovan Mitchell remains the face of a franchise that repeatedly fails to reach…

Mitchell Robinson brutal Knicks free-throw shooting making him unplayable

At the moment, one must search for areas of concern for the Knicks. But there is one glaring issue. Mitchell Robinson, who went 0-for-4 from the free-throw line, was again neutered by Hack-a-Mitch during the Knicks’ 109-93 Game 2 win over the Cavaliers in the Eastern Conference finals Thursday night…

15 charged in Medicaid schemes that potentially netted whopping M — with one suspect on the lam after leaping off a balcony

WASHINGTON — The Trump administration announced criminal charges Thursday against 15 alleged fraudsters accused of bilking taxpayers out of $90 million courtesy of Minnesota’s state-run Medicaid programs  — including what prosecutors called the “largest autism fraud scheme ever.” The busts also involved the “highest loss amount ever charged in a…

Reed Hastings claws back  million after backing Matt Mahan

Netflix co-founder Reed Hastings appears to be back to scrolling on candidates in the California governor’s race. A newly filed report for the committee “California Back to Basics Supporting Matt Mahan for Governor 2026” shows Hastings contributed $1 million to the pro-Mahan independent expenditure committee on May 15 — only…

Ronald Acuna Jr. exits game with thumb issue in latest Braves concern

The Atlanta Braves are holding their breath as star outfielder Ronald Acuña Jr. is dealing with a thumb issue. Acuña, 28, was slow to enter the field during the fifth inning of the Braves’ 9-3 win over the Marlins on Thursday, later exiting and getting replaced by outfielder Eli White.…

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