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businessAug 14, 202610:48pending

OpenAI’s Revenue Hits $40B, Reddit to Join the S&P 500

The Rundown

About this episode

In today’s episode, Zaid covers:

  • OpenAI's revenue doubles to $40 billion right as top executives head for the exits ahead of a IPO

  • Nintendo shares jumping after Pokémon Pokopia sold more than 5 million copies in just over four months

  • Reddit joining the S&P 500, while Applied Materials falls despite strong earnings and guidance

  • How the New York Knicks’ championship run generated nearly $67 million in additional playoff-related revenue

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OpenAI’s Revenue Hits $40B, Reddit to Join the S&P 500

The Rundown

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