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OpenAI could file confidentially for an initial public offering as soon as Friday, a dramatically faster timeline than the artificial intelligence giant had signaled, the Wall Street Journal reported today.

The ChatGPT-maker has been working with bankers at Goldman Sachs Group (NYSE:GS) and Morgan Stanley (NYSE:MS) on a draft prospectus, with the goal of being ready to go public as early as September, people familiar with the matter told the Journal.

That is far more aggressive than what OpenAI had signaled before.

CFO Sarah Friar had reportedly been targeting a filing in the second half of 2026, with the actual listing slipping into 2027.

For public investors, the most direct read-through is Microsoft (NASDAQ:MSFT), which holds roughly 27% of OpenAI from its October recapitalization, a stake valued at about $135 billion.

An early listing would hand Microsoft a liquidity valve at a time when it is funding enormous capital spending of its own.

The plans remain fluid and could still change, the people familiar with the matter said.

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Nvidia Corp. (NASDAQ:NVDA) is set to release its first-quarter financials on Wednesday after the closing bell, and cryptocurrency bettors are speculating on a variety of topics that could be mentioned during the earnings call by CEO Jensen Huang and his team.

Polygon (CRYPTO: POL)-based Polymarket assigned a 92% chance that “Gigawatt” will be mentioned, followed by “OpenAI” and “Incredible at 86% each.

It was hardly a surprise that traders priced in a 87% chance that “AI” would be mentioned more than 30 times during the call. Nvidia’s earnings have remained the central event for the broader AI trade for some years now.

Notably, Nvidia confirmed earlier this week that leading AI companies, including OpenAI, were evaluating its new Vera CPU platform.

As of this writing, there was an 80% probability that “Meta” would be mentioned, amid Nvidia's long-term infrastructure partnership with Meta Platforms Inc., under which Meta will deploy Nvidia processors across its hyperscale data centers.

Notably, there was a 74% chance that the term “Data Center” would be mentioned more than 20 times in the call.

Jim Cramer says oil markets are becoming harder to calm as tensions between the U.S. and Iran keep traders focused on the risk of escalation.

In a post on X, Cramer said the “big problem” with oil is that prices now fall less when President Donald Trump hints at peace, but rise much more when there is a rumor of war.

He warned that if there is “no peace,” oil could challenge its previous high near $119. Cramer said repeated talk of a truce without stronger follow-through is helping push prices higher.

At the time of the report, WTI crude was trading around $107.80 per barrel, while Brent crude was near $110.90. The United States Oil Fund
$USO
rose 2.46% during Tuesday’s regular session before slipping in after-hours trading.

The move comes as the U.S. Treasury issued a 30-day license allowing countries facing oil shortages to buy Russian seaborne oil, adding flexibility to global supply chains.

Analysts are also warning that the Iran conflict could feed inflation expectations. Moody’s Analytics chief economist Mark Zandi said rising interest rates suggest inflation fears are building again.

Cramer’s warning highlights the market’s biggest concern: if tensions keep rising around Iran and the Strait of Hormuz, oil prices could become a much bigger problem for inflation, consumers and the broader economy.

Workers are more likely to be replaced by people who know how to use artificial intelligence than by the technology itself, according to Nvidia (NASDAQ:NVDA) CEO Jensen Huang.

"It is unlikely most people will lose a job to AI," Huang said last month during a Stanford Graduate School of Business panel discussion alongside Rep. Ro Khanna (D-CA). "It is most likely that most people will lose their job to somebody who uses AI."

His remarks focused on AI adoption, changing workplace demands and how companies are using the technology inside existing jobs.

Huang said during the discussion that AI can automate specific tasks while allowing companies to do more work. Using himself as an example, he pointed to typing and talking, two functions AI can already perform. Even so, he said he remains "busier than ever."

"The purpose of your job and the tasks that you do in your job are related but not the same," Huang said. In his view, automating tasks does not necessarily eliminate the job itself.

Huang said at the panel that AI agents are already becoming part of Nvidia's software engineering workflow.

"The software engineers who know how to use AI, know how to use agentic systems, are the most popular and the most successful," he said.

Before AI, engineers would come up with an idea and then spend time coding it, according to Huang. He said AI now helps shorten that process, allowing teams to move more quickly to the next idea.

Huang said the agents continuously prompt engineers for instructions and next steps during development work.

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Nvidia Corp. (NASDAQ:NVDA) to report quarterly earnings at $1.76 per share on revenue of $79.04 billion after the closing bell, according to data from Benzinga Pro. Nvidia shares gained 0.4% to $221.54 in after-hours trading.

Toll Brothers Inc. (NYSE:TOL) reported upbeat earnings for the first quarter. The company posted quarterly earnings of $2.72 per share, which beat the analyst consensus estimate of $2.60 per share. The company reported quarterly sales of $2.531 billion, which beat the analyst consensus estimate of $2.415 billion. Toll Brothers shares gained 2.3% to $126.99 in the after-hours trading session.

Analysts are expecting Target Corp. (NYSE:TGT) to post quarterly earnings of $1.45 per share on revenue of $23.34 billion. The company will release earnings before the markets open. Target shares fell 0.8% to $126.20 in after-hours trading.

Roblox Corp. (NYSE:RBLX) disclosed a $3 billion repurchase program. Roblox shares rose 2.8% to $45.71 in the after-hours trading session.
Analysts expect Lowe’s Companies Inc. (NYSE:LOW) to post quarterly earnings at $2.97 per share on revenue of $22.97 billion before the opening bell. Lowe’s shares gained 1% to $220.50 in after-hours trading.

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Nvidia Corp. (NASDAQ:NVDA) to report quarterly earnings at $1.76 per share on revenue of $79.04 billion after the closing bell, according to data from Benzinga Pro. Nvidia shares gained 0.4% to $221.54 in after-hours trading.

Toll Brothers Inc. (NYSE:TOL) reported upbeat earnings for the first quarter. The company posted quarterly earnings of $2.72 per share, which beat the analyst consensus estimate of $2.60 per share. The company reported quarterly sales of $2.531 billion, which beat the analyst consensus estimate of $2.415 billion. Toll Brothers shares gained 2.3% to $126.99 in the after-hours trading session.

Analysts are expecting Target Corp. (NYSE:TGT) to post quarterly earnings of $1.45 per share on revenue of $23.34 billion. The company will release earnings before the markets open. Target shares fell 0.8% to $126.20 in after-hours trading.

Roblox Corp. (NYSE:RBLX) disclosed a $3 billion repurchase program. Roblox shares rose 2.8% to $45.71 in the after-hours trading session.
Analysts expect Lowe’s Companies Inc. (NYSE:LOW) to post quarterly earnings at $2.97 per share on revenue of $22.97 billion before the opening bell. Lowe’s shares gained 1% to $220.50 in after-hours trading.

Elon Musk-led SpaceX has reportedly selected investment bank Goldman Sachs Group Inc. (NYSE:GS) as the lead underwriter for the commercial space flight company’s upcoming IPO.

On Tuesday, Reuters reported that Goldman was selected as the bank to lead the IPO, citing anonymous sources familiar with the matter. The report also said that both Goldman and investment bank Morgan Stanley (NYSE:MS) would be leading the IPO.

Bank of America Corp (NYSE:BAC), Citigroup Inc. (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM) are also among the leaders in the IPO, the report said, adding that SpaceX could release its IPO prospectus on Wednesday.

The IPO, which is touted to be among the largest initial public offerings of all time, has targeted raising over $75 billion via the listing. BlackRock Inc. (NYSE:BLK) is considering a multi-billion-dollar investment in the upcoming IPO, with the company reportedly targeting investing $5 billion and $10 billion.

Musk had earlier confirmed that the company would be targeting a valuation of $1.75 trillion in the June IPO, with the company’s shares to reportedly be listed on the Nasdaq. Nasdaq also announced a series of rule changes that could expedite SpaceX’s entry into the Nasdaq 100 index.

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Nvidia is expanding its AI infrastructure push beyond GPUs with the first deliveries of its new Vera CPU platform.

The company said SpaceXAI, Oracle Cloud Infrastructure, Anthropic and OpenAI are among the first organizations evaluating Vera ahead of Nvidia’s closely watched earnings report.

Nvidia said Vera is purpose-built for “agentic AI” workloads and is part of a broader infrastructure ecosystem that includes Rubin GPUs, BlueField-4 DPUs, Spectrum-X networking and MGX rack architecture.

The rollout reinforces Nvidia’s effort to position itself as a full-stack AI infrastructure company, not just a GPU maker.

Elon Musk reacted to Nvidia’s announcement on X, writing, “Vera nice, Vera nice,” after Nvidia said SpaceX would test the platform.

According to Nvidia, Anthropic received one of the first systems at its San Francisco office, while OpenAI received a server system at its Mission Bay headquarters.

SpaceXAI is reportedly evaluating Vera for reinforcement learning workloads and simulation pipelines connected to its AI training stack.

Oracle also showed off the Vera system inside its AI Customer Excellence Center, where Nvidia GPU racks were already processing customer AI workloads.

The rollout comes as investors increasingly view SpaceX as more than an aerospace company, with reports suggesting a future Nasdaq listing under the ticker SPCX could value the company near $1.75 trillion.

McDonald’s has expanded to more than 45,000 locations worldwide, with franchise growth driving the company’s massive global footprint.

Meta Platforms, Inc. (NASDAQ:META) is reportedly reshaping its workforce around artificial intelligence by moving thousands of employees into new AI-focused divisions while simultaneously cutting roughly 8,000 jobs as CEO Mark Zuckerberg accelerates the company's massive AI ambitions.

Meta's AI Restructuring Signals Major Strategic Shift
Meta informed employees on Monday that about 7,000 workers would be reassigned into four newly created AI organizations focused on building AI-powered products and tools, the New York Times reported, citing an internal memo.

Janelle Gale, Meta's head of human resources, reportedly said the new groups would operate with "AI-native" structures and leaner management layers aimed at improving efficiency and productivity.

Managers are expected to share additional role details later this week.

Meta did not immediately respond to Benzinga's request for comments.

The restructuring comes as Meta increasingly prioritizes AI development across its businesses, including Facebook, Instagram and WhatsApp.

The workforce overhaul precedes planned layoffs affecting around 8,000 employees, or nearly 10% of Meta's workforce.

The company employed more than 78,000 people at the end of 2025, the report noted.

Meta had previously disclosed plans to eliminate thousands of jobs and close about 6,000 open positions as it reallocates resources toward AI infrastructure and development.