). But there are seven private companies that investors are trying to cash in on too. According to Forge Global, those private Magnificent Seven are SpaceX, OpenAI, Stripe, Databricks, Fanatics, Scale, and Rippling. Forge Global CEO Kelly Rodriques says, adding that these private Magnificent Seven companies are"staying private longer and longer. And they're getting bigger and people want access to those names.
We mentioned some of there and on the screen, private mag seven stripe Open A I space X I. I'm curious how do you, you mentioned there? And because we've got the actual price marks, we can look at how that price moves over time, that combined with what the companies have disclosed about their performance.Sure spacex was valued at $212 billion today.Um and all of these companies, I think you heard uh rumors today that uh in this company, uh Cerebri is not in the mag seven, but uh there's rumor that they're gonna go out today and that we see their valuation at about 7 to $8 billion.
This seems like the key right now for the labor market would be that we don't get this that we don't get jobless claims ticking back up. So not only would it have to start picking up from the 218 that we see today, it would have to pick up for weeks and weeks and maybe even months.But until it moves too much right now, it's kind of telling us steady as it goes, which is probably why stocks are, are doing pretty well here.It has been an unbelievable story to watch this week.
They developed product after product released successfully and I think they're just trying to equalize the playing field.And so they're restructuring to be more competitive with anthropic or xai. And with Microsoft and Google having other bases of operations that they can play from, uh it's definitely could potentially be a challenge.So as a venture investor, are you as excited about A I like that as you were six months ago, 12 months ago.
So think Etsy with A I and anyone can create a product and have it produced with a few clicks and to them. By that point in time, we talked to David Crawford at one of the authors of the report earlier and he talked more about this spectrum of spending. And it also said some developer organizations are already saving 15 to 40% on code generation and documentation.
Saying that as of the date of this filing, United Atlantic Ventures, LLC owns 100 shares, Costco earnings just out. And they're really following this because at the end of the quarter, that's when Costco planned to hike its membership fee uh for members $5 more for gold star membership, $10 more for executive memberships.
Yeah, I'm just trying to see what the stocks doing after hours here, maybe not 1% but you pull back the chart.So about 60% of the past 12 months, we talk to analysts Brooke, what they'll say is it is an uneven operating environment out there.They're looking to consolidate trips and spend.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »