The US stock market tumbled deeply into the red on Thursday as the White House clarified its plan for a massive 145% tariff on China, escalating a trade war.

OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 billion. ...

The stock, which has lost more than a quarter of its value this year, has an average price target of $117.54, suggesting upside of nearly 20% from its closing level Friday.