Why Altman Was Fired From OpenAI📱ASTS CHWY 📈 AAL MRVI📉

FlowBank's hand-curated fresh financial news [header_noDither] Boardroom Drama: Why Sam Altman Was Fired Sam Altman was abruptly fired from his role as CEO of OpenAI due to trust issues and a perceived lack of transparency with the board. According to former board member Helen Toner, the decision was driven by concerns over Altman's inconsistent honesty, which undermined the board's ability to supervise the company effectively. The firing highlighted a clash between prioritizing rapid AI development and ensuring long-term safety and ethical considerations. However, the decision led to significant instability, prompting Altman's eventual reinstatement WHAT'S MOVING [Group 1742 (7)-3] [Start Trading](113/cXx8Z04/VWt4Df7PgFRKW837fPw5jgKYLW8yJSQm5fJsdjN2qdv1C2-ZVTW6N1vHY6lZ3m5N3mg9cH2bChYW1CPFtv4y9JqSW76LklF33MTdGW1LC7R27_bLHbN2MmCxBgC22cW2y2GSh95ypSMW6NwYnd4YzrkXN6kZP6rFB2Q8VjVP0_6k_DgrV-39k-2bt8n8W1vQGjB6927qpW59dlQ62xZChFW28F60d2rTWCLW1TNSlj4BclD8W6xSBNj64NZHDW4z2P_J97Q4FbN2WtpXRr01kdW4qVy2s25KJzjW43ZkWp7nQ2ykW25hhyG2MDxTQW5pdD238B1X5KVp7n5s4xzDgcdyrScF04) [Group 1754 (7)-1] Google Google has announced a $2 billion investment in Malaysia to build a data center, aiming to meet the growing demand for AI services in the region. [Group 3 (6)-4] UiPath UiPath shares plummeted 30% after the company announced a significant CEO shakeup, reflecting investor concerns about leadership stability and future direction​ [Group 1753 (8)-1] Salesforce Salesforce reported better-than-expected Q1 2025 earnings, causing a notable increase in their stock price. The company's strong performance was driven by robust demand for its cloud services and AI-driven solutions. WHAT'S COMING UP? USD: Initial Jobless Claims - Exp: 232K v Prev: 230K USD: GDP Growth Rate QoQ (Q1) - Exp: 1.9% v Prev: 2.1% EUR: Consumer Confidence (May) - Exp: -17.5 v Prev: -17.5 GBP: Nationwide HPI MoM (May) - Exp: 0.2% v Prev: 0.5% IN OTHER NEWS Wall Street Yesterday, the U.S. stock market saw a mixed performance. The Dow Jones dropped 0.5%, the S&P 500 fell 0.7%, while the Nasdaq gained 0.2%. Key economic data included a higher-than-expected rise in consumer confidence and a slight increase in new home sales, which contributed to market volatility​ [Group 1769] Europe European stock markets fell yesterday, with the Stoxx 600 index dropping 0.8%. The decline was driven by investor concerns over persistent inflation and the European Central Bank's signals of potential future rate cuts. Key economic data included higher-than-expected inflation rates in Germany and Spain, which intensified worries about the region's economic stability​ MARKET INSIGHTS Flying Cars? Is Xpeng the Next Big Thing? Is Now the Time to Invest in Xpeng AeroHT and Its Flying Cars?This division of Xpeng Motors has been making exciting headlines, but are we seeing a blip or the birth of a new industry? [Read more](113/cXx8Z04/VWt4Df7PgFRKW837fPw5jgKYLW8yJSQm5fJsdjN2qdv102-ZVTW5BW0B06lZ3nfW78FTFg9f6yfhN639LRJ-gtMNW7HH-JP1jBBZPW23W7w89f2wb7N85jkVN7PGcDN15nHnQMbcW3W1tJ4CR6VTTWHW3cVk-k5gJtsDW6tm2004jZmzVW6XgKjw8TDFMfW8wJV4C6sm6cBW19BW_j80vG9HW6p-7wz1M9MjGW2GFKjY8JsTTgW8jNPjD4ggwB6W8KKRZT4_czpZW3hlX0n139QmSW5Vx9pN2DTdWwf2DGqb-04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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