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PARIS — French President Emmanuel Macron took first place, ahead of far-right leader Marine Le Pen, in the first round of France’s presidential election on Sunday, but he is on course for a far closer second-round clash than five years ago. While polling suggests Macron should retain the presidency in two weeks, first round results […]
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PARIS — French President Emmanuel Macron took first place, ahead of far-right leader Marine Le Pen, in the first round of France’s presidential election on Sunday, but he is on course for a far closer second-round clash than five years ago.

While polling suggests Macron should retain the presidency in two weeks, first round results show the incumbent can’t rest on his laurels.

Le Pen will be able to count on voters from far-right TV-pundit-turned-politician Eric Zemmour, who called on his supporters to back her on April 24. Meanwhile, leftist firebrand Jean-Luc Mélenchon fared better than expected and brings a heavy dose of uncertainty to the mix as his voters are a diverse bunch. Many are likely to abstain in the second round, while others will divide up between the French president and Le Pen.

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Here are five takeaways from the presidential election’s first round:

“Politics is war without bloodshed
while war is politics with bloodshed.”

France’s repeat of the 2017 runoff confirms Macron’s and Le Pen’s own political analysis: That the divide between the left and the right is no longer relevant in France and has been replaced by an opposition between a mainstream bloc that is pro-European and open to the outside world on one side, and nationalists on the other. Both candidates scored higher than five years ago, leaving the traditional right and left in an even more shambolic state than before. Macron went from 24 percent in 2017 in the first round to 27.6 percent Sunday and Le Pen went from 21.3 percent to 23.4 percent.

The gap between them is higher than last time around, showing that Macron has managed to drum up the most votes despite controversies in the campaign’s last mile, including over the state’s overuse of consulting firms. But the far-right bloc — Marine Le Pen, Eric Zemmour and nationalist Nicolas Dupont-Aignan combined — garnered than 30 percent of the total vote.

I describe the “fun” parts of Only Yesterday because they’re wonderful, but also to make a point about the origin story we’ve learned about the mood of the ’20s. Looking back at Allen’s work from the vantage point of 1986, historian David M. Kennedy argued that the biggest failing of the book was its lack of historical depth: “Rarely did Allen forge an explanatory chain whose links ran back more deeply into the past than 1917.” And indeed, Allen seemed to blame World War I for every ash-covered carpet and scarred dining table.

Allen is also really good at describing parties—or, at least, the ones the middle class and upper class attended. The historian wrote about how women taking up smoking had “strewed the dinner table with their ashes, snatched a puff between the acts, invaded the masculine sanctity of the club car, and forced department stores to place ornamental ash-trays between the chairs in their women’s shoe departments.” In what I think may be the best passage in the book, Allen described the way 1920s partygoers stepped all over every previous genteel convention:

Anyway, let’s get to that fun. A very joyful book to read about the decade is Frederick Lewis Allen’s Only Yesterday: An Informal History of the 1920s, which Allen—a blueblood journalist and editor at Harper’s—published in 1931. The book chronicles all of the movement and motion that makes the decade sexy, and doesn’t seem to miss a fad.

The property, complete with a 30-seat screening room, a 100-seat amphitheater and a swimming pond with sandy beach and outdoor shower, was asking about $40 million, but J. Lo managed to make it hers for $28 million. As the Bronx native acquires a new home in California, she is trying to sell a gated compound.

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Perhaps by remembering the twenties merely as an enchanting series of novelties or the crude afterthought of a simpler past, we preserve the illusion of our own simple innocence,” mused historian Paula Fass in the introduction to her book The Damned and the Beautiful: American Youth in the 1920s.

Whether that means there will be a longer-term far-right alliance is an open question. Nicolas Bay and Gilbert Collard — two MEPs who left Le Pen’s party to join Zemmour — didn’t endorse a possible alliance with Le Pen, in case she wins the second round.

Zemmour, a 63-year-old TV pundit-turned-politician, was once tipped to come second behind Macron, back in October. But he plummeted spectacularly in the polls after suffering from a perceived lack of credibility as the Ukraine war started and former comments praising Russian President Vladimir Putin resurfaced. He scored a measly 7 percent. Despite their bitter and unrelenting fighting throughout the campaign, he swiftly endorsed Marine Le Pen.

“I have disagreements with Marine Le Pen,” Zemmour said at his concession speech Sunday, “but there is a man facing Marine Le Pen who has let in 2 million immigrants … who would therefore do worse if he were reelected — it is for this reason that I call on my voters to vote for Marine Le Pen.”

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Wall Street Update: Stocks Close Lower as Tech Sector Drags

Wall Street Update: Stocks Close Lower as Tech Sector Sputters Wall Street ended the trading day on a down note, with all three major indexes closing in negative territory. A broad sell-off in the technology sector weighed heavily on market sentiment, erasing early morning gains and pushing stocks lower by the closing bell. Investors are […]
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Wall Street Update: Stocks Close Lower as Tech Sector Sputters

Wall Street ended the trading day on a down note, with all three major indexes closing in negative territory. A broad sell-off in the technology sector weighed heavily on market sentiment, erasing early morning gains and pushing stocks lower by the closing bell. Investors are digesting the latest inflation report ahead of the upcoming Federal Reserve meeting, leading to increased caution. This latest Wall Street update reflects a market grappling with economic uncertainty and potential shifts in monetary policy.

Inflation Jitters and Fed Speculation Drive Today’s Action

The primary catalyst for today’s downturn was the release of the Producer Price Index (PPI), which came in slightly hotter than economists had forecast. This data fueled concerns that inflation is not cooling as quickly as hoped, potentially prompting the Federal Reserve to maintain its hawkish stance on interest rates. As a result, growth-oriented sectors, particularly technology and consumer discretionary, faced the most significant selling pressure. The 10-year Treasury yield ticked higher on the news, adding further pressure on equity valuations.

Today’s Closing Bell Numbers

It was a sea of red across the board for the major U.S. stock indices. The tech-heavy Nasdaq Composite saw the steepest decline, while the Dow Jones Industrial Average posted a more modest loss.

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Wednesday’s Market Performance
IndexClosing ValueChangePercent Change
Dow Jones (DJIA)38,450.10-155.25-0.40%
S&P 500 (SPX)5,180.74-30.05-0.58%
Nasdaq Composite (IXIC)16,170.36-144.37-0.89%

Sector Spotlight: Tech Falters While Energy Gains

The technology sector was the clear laggard of the day, with several mega-cap names seeing significant declines. Semiconductor stocks were particularly hard-hit following a sector-wide downgrade from a major investment bank. In contrast, the energy sector was a bright spot in the market. Rising crude oil prices helped lift shares of oil and gas producers, making it the best-performing sector in the S&P 500. This divergence highlights the rotational nature of the current market as investors seek safer havens. As the week progresses, this Wall Street update will be crucial for traders navigating these uncertain conditions.

FAQ

How did the major stock indexes perform today?

All three major U.S. stock indexes closed lower. The Dow Jones fell 0.40%, the S&P 500 dropped 0.58%, and the Nasdaq Composite led the declines, falling 0.89%.

What was the main reason for the stock market's decline today?

The market’s downturn was primarily driven by a higher-than-expected Producer Price Index (PPI) report. This sparked renewed concerns about persistent inflation, leading to a sell-off, especially in the technology sector.

Which sectors were the biggest winners and losers?

The technology sector was the biggest loser of the day, experiencing a broad sell-off. The energy sector was the strongest performer, gaining ground as crude oil prices rose.

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OpenAI Stock Status 2025: Why It’s Private & How to Gain Exposure to the $500B AI Leader

The quest for **OpenAI stock** is a common one, as investors seek to capitalize on the explosive growth of artificial intelligence. If you’ve been wondering **how to buy OpenAI stock**, the answer, as of October 2025, remains consistent: OpenAI is a privately held company, and its shares are not publicly traded on any stock exchange […]
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The quest for **OpenAI stock** is a common one, as investors seek to capitalize on the explosive growth of artificial intelligence. If you’ve been wondering **how to buy OpenAI stock**, the answer, as of October 2025, remains consistent: OpenAI is a privately held company, and its shares are not publicly traded on any stock exchange like the NYSE or NASDAQ. This means there’s no official **OpenAI stock** ticker symbol available for direct public purchase. Despite this, the company’s **OpenAI company valuation** has soared, reaching an astounding $500 billion, cementing its status as a leader in the AI industry. This article delves into the intricacies of **OpenAI Investment Options**, exploring both the direct, albeit exclusive, avenues and the more accessible indirect strategies to gain exposure to this AI giant within the broader context of **OpenAI Investments** and **AI Industry Trends**.

Why OpenAI Remains a Private Company

OpenAI’s private status is a deliberate choice, reflecting its unique corporate structure and mission. Unlike traditional companies driven solely by profit, OpenAI operates under a hybrid model involving both a for-profit entity (OpenAI LP) and a non-profit parent (OpenAI Inc.), with a core mission to ensure that artificial general intelligence (AGI) benefits all of humanity. This structure often allows for long-term strategic development without the quarter-to-quarter pressures of public markets. Consequently, the general public cannot directly access **OpenAI stock**. However, the company’s valuation trajectory has been nothing short of phenomenal. Reports in March 2025 placed its valuation at $300 billion following a substantial $40 billion funding round. Fast forward to October 2, 2025, and OpenAI has achieved a staggering $500 billion valuation, propelled by a secondary share sale worth approximately $6.6 billion to a consortium of prominent investors including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe Price. This rapid appreciation highlights intense investor interest in its groundbreaking technologies and its leadership in the AI space.

Exploring OpenAI Investment Options

While **is OpenAI publicly traded** continues to be answered with a firm ‘no,’ there are distinct avenues for both accredited and non-accredited investors to gain exposure to the company’s impressive growth and the broader AI ecosystem it drives. These fall under the umbrella of **OpenAI Investments** and involve understanding **Private Company Investing** and **Indirect AI Investment** strategies.

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Direct Investment: The Realm of Accredited Investors

For a select group of high-net-worth individuals and institutional investors, opportunities to acquire **OpenAI secondary market shares** do exist. These transactions typically occur on specialized **Secondary Markets** platforms.

  • Access Secondary Marketplaces: Accredited investors can explore platforms such as Forge Global, UpMarket, Hiive, and Nasdaq Private Market. These platforms facilitate the buying and selling of shares in private companies from existing shareholders (often early employees or venture capital firms) to accredited buyers.
  • Understand Liquidity and Due Diligence: Investing in secondary markets requires thorough due diligence, as liquidity can be limited, and information disclosure standards are less stringent than for public companies.

Indirect Investment: Strategies for Broader Exposure

For most individual investors, **indirect AI investment** offers a practical pathway to participate in OpenAI’s success and the broader AI revolution.

  • Invest in Microsoft (NASDAQ: MSFT): This is arguably the most direct indirect route. Microsoft has made significant **Microsoft OpenAI investment** commitments, starting with $1 billion in 2019, followed by $10 billion in early 2023, and additional substantial funding and capacity commitments into 2025, culminating in an approximate $86 billion stake. Microsoft extensively integrates OpenAI’s models into its product suite, including Microsoft 365 Copilot and Azure AI, making its stock a strong proxy for OpenAI’s commercial impact.
  • Consider Public Venture Capital Funds: Certain public venture capital funds offer exposure to private companies, including OpenAI. Examples include the Fundrise Innovation Fund and the ARK Venture Fund. The Fundrise Innovation Fund, notably, is open to all U.S. residents with a low minimum investment of $10 and reasonable fees, providing a more accessible entry point to private company valuations like OpenAI’s.
  • Invest in AI-Focused ETFs and Leading AI Companies: To capture the broader **AI Industry Trends** ignited by OpenAI, investors can explore exchange-traded funds (ETFs) focused on artificial intelligence. Additionally, investing in key technology enablers like NVIDIA (NVDA), which supplies the powerful GPUs essential for OpenAI’s advanced models, offers another strong, albeit indirect, link to the company’s technological advancements.

OpenAI’s Financial Landscape and Future Outlook

Understanding **OpenAI Financials** reveals a dynamic picture of explosive growth tempered by significant investment. The company’s revenue projections for 2025 stand at an impressive $12–13 billion, a substantial leap from $3.7 billion in 2024. In the first half of 2025 alone, OpenAI generated approximately $4.3 billion in revenue, surpassing its total earnings for the entirety of the previous year. However, this growth comes at a cost. OpenAI is operating at a substantial loss, with anticipated annual expenses potentially exceeding $28 billion. Cumulative losses are expected to reach $14 billion by 2026, largely due to the immense R&D costs associated with developing cutting-edge AI and operating large-scale platforms like ChatGPT.

Looking ahead, OpenAI’s ambition extends to massive infrastructure projects. The “Stargate Project,” a joint venture announced in January 2025 with partners like Oracle, SoftBank, and MGX, and in collaboration with the U.S. government, aims to build an AI infrastructure system estimated to cost $500 billion over four years. This initiative, which also involves agreements with South Korean firms for chip supply, underscores OpenAI’s long-term vision and commitment to scaling its AI capabilities, further influencing **OpenAI Valuation** and its pivotal role in **AI Industry Trends**.

In conclusion, while direct **OpenAI stock** ownership remains elusive for most, the landscape of **OpenAI Investments** offers compelling indirect pathways to align with this transformative company. Whether through strategic investments in key partners like Microsoft, specialized venture capital funds, or broader AI industry exposure, investors can find ways to participate in the growth story of the $500 billion AI leader.

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