CNBC Television
OpenAI CFO: Company not moving toward near-term IPO - WSJ
11/6/2025, 12:30:08 PM
Economic Summary
- OPENAI: CFO Sarah Fryer stated the company is not working on an IPO in the near term despite WSJ reporting a possible 2027 listing; this keeps valuation private longer and delays public investors' access to the company.
- FAA/air travel: The FAA is cutting flight capacity at major airports due to shutdown-related staffing shortages, likely causing more delays and cancellations and putting near-term revenue pressure on airlines and travel-related services; a pilots' union has reacted to the move.
- Bank of England: Policymakers are widely expected to leave rates unchanged, with markets (Polymarket) assigning about an 85% chance of a hold and a 15% chance of a quarter-point cut; a hold would reduce immediate policy risk for UK markets, though a close vote signals persistent uncertainty.
- Trade uncertainty: Polymarket assigns roughly a 25% chance that tariffs imposed by President Donald Trump remain in place after Supreme Court review, highlighting ongoing policy uncertainty that could affect tariff-sensitive industries and global trade dynamics.
Bullish
- WSJ reports OpenAI could IPO as soon as 2027, implying long-term upside.
- Bank of England likely to hold rates, supporting near-term market stability.
Bearish
- OpenAI CFO says no IPO in the near term, delaying public-market access.
- FAA cutting flight capacity may increase cancellations and pressure airline revenues.
- Trade-policy uncertainty if Trump-era tariffs remain after Supreme Court review.
Bullish tickers
OPENAI
Bearish tickers
OPENAI
OPENAI
Bullish
WSJ reports a potential IPO as soon as 2027, suggesting significant long-term upside if it goes public.
Bearish
CFO says no IPO in near term, delaying public listing and investor liquidity.
People mentioned
Sarah FryerBrett TaylorDonald TrumpJoe