Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-26T15:06:42+00:00
Chip stocks slid on Friday as traders digested a report that OpenAI (OPAI.PVT) may delay its planned 2026 initial public offering (IPO) until next year. According to The New York Times, the AI giant is working to determine whether to go public this year at a valuation below $1 trillion, or to have a better shot at hitting $1 trillion and hold off until 2027. OpenAI confidentially filed its S-1 paperwork with the Securities and Exchange Commission on June 8. At the time, the company said it hadn't decided on timing for its public debut because "there are things we want to do that are likely easier as a private company." At the same time, however, OpenAI noted that filing gave it the option to go public sooner if that were a better option for the company. In March, OpenAI said it had a post-
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.