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OSE:AKER 31 July 2025

OpenAI’s $12B Revelation, ‘Study Mode’ Launch & 100k-GPU AI Hub – Experts React in 48-Hour AI Frenzy

OpenAI’s $12B Revelation, ‘Study Mode’ Launch & 100k-GPU AI Hub – Experts React in 48-Hour AI Frenzy

OpenAI reached a $12 billion annualized revenue run rate in the first seven months of 2025, with weekly active users hitting 700 million. The company raised its 2025 cash burn forecast to $8 billion and is close to finalizing a $7.5 billion funding round, with major commitments from Sequoia, Tiger Global, and SoftBank.
31 July 2025
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Stock Market Today

  • SGX Opens Higher as Technology Stocks Boost STI Near 5,000
    June 8, 2026, 9:55 PM EDT. Singapore's stock market opened higher on Tuesday, with the Straits Times Index (STI) rising 0.53% to 4,990.04, edging closer to the 5,000-point milestone. The rise was driven by optimism in technology and semiconductor sectors, following Wall Street's rebound where the Nasdaq Composite rose 0.86% and the S&P 500 gained 0.30%. Major Singapore banks like DBS Group Holdings also contributed to the positive early momentum. The Philadelphia Semiconductor Index surged 5.6%, recovering losses from last week's AI-related sell-off. Market participants are now focused on upcoming U.S. inflation data and high-profile AI-related initial public offerings, including SpaceX's debut, which could impact broader Asian markets.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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