OpenAI, amid its $500 billion valuation, has acquired Roi, a startup specializing in AI-powered financial advice for stocks and cryptocurrencies. The deal, executed as an acqui-hire, illustrates OpenAI’s escalating ambitions in fintech while stirring questions about regulatory compliance.

E Fund Management (HK) Co. marked a significant milestone by listing two new ETFs on the Hong Kong Stock Exchange. Surpassing an initial offering size of HK$1.369 billion, this dual launch caught the attention of regulators, global investors, and financial partners alike.

Donald Trump is lauding what he calls a “summer of power” by highlighting a crime crackdown in Washington, D.C. Meanwhile, Governor Gavin Newsom inks a new redistricting plan, businesses eye AI investments, and international attention shifts to Russia’s cautious posture on Ukraine peace.