Technology

OpenAI Is Reportedly Preparing IPO Filing at $852 Billion Valuation

CNBC and Kalshi both pointed at the same thing Wednesday: OpenAI is the new favorite to go public first in the AI cohort, with a confidential filing potentially as soon as this week — at a valuation near $852 billion.

Technology

SpaceX Files Public S-1 With June 12 Nasdaq Debut Set at $1.75 Trillion

SpaceX's public S-1 went live Wednesday with the June 12 IPO date attached, targeting a $75 billion raise at a $1.75 trillion valuation — what would be the largest public offering in history by a margin.

Technology

NVIDIA Reports $81.6B in Q1 Revenue as Data Center Hits $75.2B

NVIDIA beat on revenue and EPS, with data center sales nearly doubling year-over-year. Jensen Huang closed the call by saying demand has "gone parabolic." The stock dipped anyway.

Sports

Arsenal on Track for £770m Revenue, a New Premier League Record

The Times projects Arsenal's 2025-26 revenue at up to £770m ($980m), breaking Manchester City's £715m ($910m) Premier League record and putting the club third in world football behind Real Madrid and Barcelona.

Sports

National Teams Submit 2026 World Cup Provisional Squads Ahead of June 2 Deadline

Updated May 20: 20 of 48 nations have now confirmed squads, including Brazil (Neymar in), Portugal (Ronaldo in), France, Argentina, and Belgium. Final 26-man rosters are due June 1.

Sports

Aaron Rodgers Says 2026 Will Be His Final NFL Season

"Yes. This is it." Two weeks after re-signing with Pittsburgh on a one-year deal worth up to $25 million, Aaron Rodgers said his 22nd NFL season will be his last.

Culture

Kith Women Opens First Pop-Up in Bridgehampton With Vivrelle on May 22

Kith Women's first standalone retail moment opens Memorial Day weekend on Montauk Highway, presented by luxury bag-membership platform Vivrelle. Both brands are betting the Hamptons summer is the right room.

Culture

WWD Names Demi Moore, Jane Fonda, and Joan Collins Among Best-Dressed at Cannes 2026

The 79th Cannes Film Festival's defining fashion story is a trio of women over 60 — Demi Moore in Jacquemus, Jane Fonda in Gucci, Joan Collins still doing it at 92.

Sports

Jalen Brunson Scores 38 as Knicks Erase 22-Point Deficit in ECF Game 1

Brunson scored 17 of his 38 in the final 12:39 of a 44-11 Knicks run, turning a 22-point fourth-quarter deficit into a 115-104 overtime win over the Cavaliers.

Sneakers

Nike Ja 3 'Kool-Aid' Drops May 20 for $135

Ja Morant's second Kool-Aid collab arrives as asymmetric Pink Beam and Lemon Venom — a $135 nostalgia play that keeps the signature line moving while the player rebuilds.

Daily Roundup

The Daily Roundup: Nike GT Cut 4 'Wembanyama' Gold Panther, Spurs-Thunder WCF Game 2, Aston Villa vs. Freiburg Europa League Final, and Anthropic's $900 Billion Valuation — May 20, 2026

Victor Wembanyama's Gold Panther Nike GT Cut 4 PE drops on SNKRS hours after his 41-point, 24-rebound conference finals performance — the same day Anthropic is set to close a $900 billion valuation round, and Aston Villa plays its first European final since 1982.

Sports

Rashee Rice Jailed 30 Days for Probation Violation, Will Miss Chiefs OTAs and Minicamp

Rashee Rice tested positive for marijuana, violating the probation from his 2024 high-speed crash. He's now in Dallas County jail until June 16 — and out for the Chiefs' entire offseason program.