Ed Elson

Apparently, OpenAI is offering private equity firms investment deals with a guaranteed minimum return of 17.5%.

So basically saying, if you invest in us, we guarantee you we will return 17.5% of your money, which...

For those who don't know, that's like a ridiculous return.

That's significantly higher than the S&P average.

This just seems ridiculous to me.

How can you guarantee 17.5%?

It makes me think maybe they're just going to lose money on this thing.

or maybe some sort of foul play.

I don't really know.

I just wanted to know if you know anything about this and if that sounds right to you.

It was the capped profit company.

Now there's a flaw, 17.5%.

It's really, really incredible.

Okay, Alex Heath, author of The Source's newsletter and co-host of the Access podcast.

Alex, appreciate your time.

Thanks, Ed.

Well, we started the week on the right foot.

Trump said he had, quote, very good and productive conversations with Iran.

And that is what created $2 trillion in market value in a matter of hours.

The implication was that the war with Iran might be coming to an end, or at least that is what investors thought.