The Dow Surged 1,300 Points on a Ceasefire That May Not Survive the Week
Markets priced in peace on Wednesday — Dow up 1,300, oil below $95, S&P up 2.5% — then the ceasefire started cracking before the close.
Business
OpenAI Closes the Largest Private Round in History and Buys a Media Company the Same Week
OpenAI raised $122 billion at an $852 billion valuation, then bought a media company — because when you're burning $14 billion a year, narrative control matters.
Venture Capital Poured $297 Billion Into Startups in One Quarter — 81 Percent Went to AI
Q1 2026 shattered every venture capital record ever set, with four companies absorbing more capital than entire years used to produce.
Bitcoin Surges Past $72,000 on Ceasefire Rally but Remains Half Its October Peak
Bitcoin jumped 5% to $72,000 on ceasefire relief but is still roughly half its October 2025 high near $130K.
Anthropic Pays $400 Million for a 10-Person Biotech Startup With No Revenue
Anthropic acquires Coefficient Bio — fewer than 10 people, 8 months old, zero revenue — for $400M in stock.
OpenAI Buys a Talk Show and Becomes a Media Company
OpenAI acquires TBPN, a Silicon Valley talk show on track for $30M in revenue, as its first media deal.
Q1 Global M&A Tops $1.2 Trillion as AI Equity Stakes Inflate the Scoreboard
Q1 2026 M&A hit a record $1.22 trillion, up 26% year-over-year, with 22 deals above $10 billion.
Q1 Earnings Season Opens Next Week With JPMorgan as the Market's First War Stress Test
JPMorgan reports April 14, kicking off an earnings season where FactSet forecasts 13.2% S&P 500 growth.