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President Trump’s trip to China is underway, and he’s being joined by a handful of some of Big Tech’s most prominent executives.
Tesla’s (TSLA) Elon Musk, Apple’s (AAPL) Tim Cook, and Nvidia’s (NVDA) Jensen Huang, a surprise addition to the group, will be in attendance.
The Musk versus OpenAI (OPAI.PVT) trial also continues in its second week on Wednesday.
On Tuesday, OpenAI CEO Sam Altman took the stand, laying out hisprior misgivings about Musk’s attemptsto become CEO of the company.
But he also faced questions aboutallegations that he lied to executivesand OpenAI’s board over the years.
Musk’s lawsuit against one of the world’s most valuable private companies has provided a number of details about the inner workings of OpenAI and the relationships between Musk, Altman, president Greg Brockman, former chief technology officer Mira Murati, and former board member and mother of four of Musk’s children, Shivon Zilis.
Looking ahead this week, AI chipmaker Cerebras is expected to make a splashy public debut.
The company filed paperwork on Monday, increasing its initial public offering to 30 million shares with the goal of raising up to $4.8 billion,Bloomberg reported.
The startup counts Amazon (AMZN) and OpenAI (OPAI.PVT) among its customers, and its inital public offering is likely to be the biggest IPO of 2026 so far.
Alphabet’s (GOOG) Google and SpaceX (SPAX.PVT) are in advanced discussions to launch data centers in space, theWall Street Journalreported on Tuesday.
The talks come as SpaceX prepares for what is expected to be thelargest initial public offeringin history this summer.
Orbital data centers have become a big piece of SpaceX's pitch to prospective investors, with CEO Elon Musk positioning them as the company's next major commercial product.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | ▲ +0.34% |
| WTI Crude | $96.90/bbl | ▲ +0.21% |
| EN590 Diesel | $846/MT | ▲ +0.18% |
| Jet Fuel A-1 | $1090/MT | ▲ +0.55% |
| Mazut M100 | $450/MT | ▼ -0.15% |
| Bitumen 60/70 | $470/MT | ▲ +0.08% |
| Sulphur Gran 99.5% | $470/MT | ▼ -0.44% |
| Urea 46% Gran | $650/MT | ▲ +1.12% |
| NPK 16-16-16 | $460/MT | ▼ -0.28% |
| Nat Gas TTF | $15.42/MMBtu | ▲ +0.92% |
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