In today’s briefing:
- Ohayo Japan | Stocks Snap Losing Streak
- OpenAI Is Coming for Wall Street. The Street Thinks It Can Own the Disruptor.
- This Week in AI (Sep 6-12): DeepSeek V4.1-Flash and IPO; OpenAI’s Astra Solves NS Equation
Ohayo Japan | Stocks Snap Losing Streak
- US stocks closed higher on Friday snapping a four-day losing streak
- The rally was driven by a pullback in oil prices and August CPI data that largely matched expectations
- Oil-Supply risks from the Middle East remain the clearest near-term catalyst that could drive volatility at the open or through the session
OpenAI Is Coming for Wall Street. The Street Thinks It Can Own the Disruptor.
- OpenAI’s Morgan Stanley and Evercore ‘design partnership’ is Act I of the Amazon, Google and Bloomberg playbook: embrace the incumbent, own the workflow, take the client.
- Banks are paying the tuition twice: teaching the model their craft while cutting the junior classes that supply 62% of their AI talent and every future MD.
- Own the toll roads, not the trucks: BULLISH memory, foundry and exchanges; BEARISH boutique advisers, terminal vendors, Indian IT; NEUTRAL banks; AVOID the lab IPOs.
This Week in AI (Sep 6-12): DeepSeek V4.1-Flash and IPO; OpenAI’s Astra Solves NS Equation
- DeepSeek released V4.1-Flash and hired underwriters for a Shanghai IPO. US agencies and Anthropic separately accused Chinese labs of extracting US model outputs.
- OpenAI published a proposed Navier-Stokes proof and opened its Agents API beta. Xiaomi introduced MiMo Desktop for invited users.
- Zhipu proposed USD 5bn of financing. Cognition announced a larger USD 2bn round, while Nvidia discussed an Anthropic IPO anchor investment.
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