Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Key Points

In a CNBC interview Tuesday, Robinhood CEO Vlad Tenev defended the company’s OpenAI and SpaceX stock tokens, given concerns over how they’re structured.
Last week, OpenAI issued a warning that Robinhood’s stock tokens do not represent equity in the company.
“In and of itself, I don’t think it’s entirely relevant that it’s not technically an equity instrument,” Tenev said.

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NYSE-owner Intercontinental Exchange rises on report of billion Polymarket stake

Finance

NYSE-owner Intercontinental Exchange rises on report of $2 billion Polymarket stake

October 7, 2025

Key Points The deal is expected to value prediction Polymarket between $8 billion and $10 billion, the report said. The report comes as prediction markets become more mainstream. Source

Finance

World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

October 7, 2025

Key Points The World Bank predicts China’s economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects China’s GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth. […]

Finance

‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says

October 6, 2025

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