Block, Inc.
No SEC Form 4 filings for $XYZ in the last 30 days.
SpaceX, Anthropic and OpenAI are preparing IPOs, with the Financial Times saying they could make 2026 a major U.S. IPO year. The article links the competition to investor capital and notes OpenAI’s revenue target of $280B by 2030 (from ~$25B now), while investors will focus on cash burn and profitability. It also cites risks from cheaper AI rivals, including Chinese and Western firms.
India’s parliamentary standing committee on communications said it will summon major digital and social media platforms, including Meta, X, Google and Amazon, to examine net neutrality and equal internet access. Chairman Nishikant Dubey said the panel is assessing whether telecom operators and platforms offer preferential access to paying or post-paid users. It has not reached conclusions; further sittings are planned.
Mike Pyle, deputy head of BlackRock’s portfolio management group and a former top economic adviser in the Biden and Obama administrations, said investors should focus on how quickly AI affects jobs, not just the potential magnitude. He cited recent layoffs and staffing cuts at companies including Block, Amazon, Oracle, Coinbase, Cloudflare, and Meta.
