30 years public: Lamar Advertising CEO Sean Reilly is set to ring the Nasdaq opening bell on Tuesday at 8:30 a.m. Central time, marking a milestone for the Baton Rouge-based outdoor advertising company. Reilly will ring the bell in celebration of Lamar Advertising’s 30th anniversary as a publicly traded company following its IPO in 1996.
Back under $100: Oil prices fell sharply Monday, with U.S. West Texas Intermediate crude dropping 4.5% to $95.78 per barrel as markets responded to signs that President Donald Trump may pursue diplomacy with Iran and avoid further military action against the Houthis for now. Middle East oil exports have remained relatively resilient, with flows through the Strait of Hormuz recovering to about 80% of prewar levels. The market remains volatile as attacks on Saudi Arabia and oil tankers continue, while Iran has warned it could expand the conflict if the U.S. launches renewed strikes. CNBC has the full story.
International standards: OpenAI is calling for the U.S. to work with other countries to establish international technical standards for advanced AI. The proposal comes as AI companies face growing concerns over security incidents involving autonomous models, while OpenAI CEO Sam Altman prepares to discuss AI and international security with the U.N. Security Council and attend a White House dinner with Chinese President Xi Jinping. The company also supports limiting fully autonomous AI self-improvement until it can be demonstrated to operate safely, amid broader efforts by the U.S. and China to establish a dialogue on AI risks and benefits. Bloomberg has the full story.
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