Beijing’s Big Moves, OpenAI’s For-Profit Pivot?, Southwest Soars 9/26/24

Stimulus news out of Beijing is sparking a massive rally in Chinese equities. We’ll debate whether this is Beijing’s big moment or merely a temporary fix. Plus, OpenAI is in the midst of an executive exodus as it considers restructuring to a for-profit company. And Southwest Airlines is having its best day since early 2020 after some bullish guidance out of its investor day.