Top stories today: 1. First Republic is bought by JPMorgan, with assistance of the FDIC 2. OpenAI raises $300M at $27-29B valuation 3. Twitter Blue subscribers at 633K / $53M ARR, still ~2% of total revenue
Top stories today: 1. Amazon revenue +9% to $127.4B in Q1, but AWS disappoints 2. Snap revenue -7% to $989M even as DAUs rise by 15% 3. GDP growth slowed to 1.1% in Q1