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Forget the 9-to-5 grind. Nasdaq (NDAQ) is formally proposing an ALMOST 24/7 trading day for U.S. stocks and ETFs. We're talking 23 hours of non-stop action, split into a day and night session, kicking off as early as 4 a.m. ET! 🚀 What's Driving This Insane Shift? Global Demand: The world doesn't sleep, so why should the market? International investors are tired of waiting. The Robinhood Effect: Competition from platforms like HOOD is forcing established exchanges to adapt or die. The Race is On: NYSE is also prepping for 22-hour trading. This is the new financial arms race. The Trade-Off (The Controversial Part) 👇 While the 'always-on' market sounds like a trader's dream, the critics are sounding the alarm: 💧 Diluted Liquidity: Will those late-night hours be a ghost town, making trades painful? 🎢 Volatility Spike: Prepare for some serious overnight whiplash. 💀 Operational Nightmare: How will banks, brokers, and listed companies actually staff 23-hour coverage? (RIP work-life balance for the finance sector). Launching in late 2026 (pending SEC approval). Get ready, your trading strategy is about to need a caffeine IV. Source: Wall Street Pit
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The AI race just got a lot hotter, and the early leader is feeling the heat. 🔥 OpenAI CEO Sam Altman has declared a "code red" to completely refocus the company's efforts on its flagship product, ChatGPT. Here's the critical breakdown you need to know: The Threat: Rivals like Google (Gemini 3) and Anthropic (Opus 4.5) have recently leapfrogged OpenAI's GPT-5 on key industry benchmark tests. The lead is shrinking FAST. The Fix: A "surge" effort is underway to significantly improve speed, reliability, and personalization of ChatGPT. The Sacrifice: OpenAI is delaying other ambitious projects—like AI agents for shopping/health, advertising products, and personalized news (Pulse)—to dedicate resources to the core chatbot. The Stakes: This is a "critical time" for the $500bn start-up, grappling with intense competition, soaring data center costs, and the non-stop battle for top AI talent. Stats That Matter: ChatGPT still has a dominant market share with over 800 million weekly users. BUT, users are now spending more time chatting with Google's Gemini than with ChatGPT (per Similarweb data). ChatGPT already accounts for roughly 10% of global search activity and is growing quickly. The Bottom Line: The AI frontier is moving at warp speed. As Google integrates its powerful, bespoke-chip-trained Gemini 3 models immediately, OpenAI is forced to pause future innovations to defend its core product. The fight for the AI crown is officially on! Who do you think wins this high-stakes race? 👇 Source: FT