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26/06/2026
The onshore Chinese yuan against the US dollar closed at 6.7990 at 03:00 Beijing time, up 102 points from the Wednesday night market close. The trading volume was 59.326 billion US dollars.
Latest
2 m ago
The US Dollar Index fell on the 25th.
4 m ago
According to three sources familiar with internal discussions at OpenAI quoted by The New York Times, OpenAI is leaning towards postponing its IPO until next year. The sources revealed that OpenAI had originally planned to conduct its IPO in the third or fourth quarter of this year. The company's CEO, Altman, urged financial advisors to find ways to increase the company's valuation to $1 trillion. However, recent developments have forced OpenAI's executives to abandon their initial ambitious plans. Of particular concern is the performance of SpaceX, owned by Musk, after its IPO earlier this month. SpaceX's stock price has been declining recently, closing at $153 on Thursday after reaching a high of $202 last week. In recent weeks, global markets have also experienced volatility with tech stocks dragging down indices, leading investors to doubt whether AI companies can deliver on their lofty promises. According to two sources familiar with the matter, advisors at OpenAI warned the company in the past week that retail investors may not show much enthusiasm for the company's stock.
8 m ago
Iran: Ships departing from the designated route will not have security protection.
10 m ago
Report: OpenAI is leaning towards waiting until next year to conduct an IPO.
14 m ago
Sources: The board of directors at JPMorgan Chase (JPM.N) hopes Jamie Dimon will continue to serve as CEO for several more years. Dimon will then transition to the role of executive chairman after stepping down as CEO.
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