BANGKOK — World shares were mixed on Wednesday in cautious trading after Wall Street’s rally ran out of momentum.
Benchmarks rose in Paris, Frankfurt and Tokyo but fell in London and Shanghai. U.S. futures were little changed and oil prices edged lower.
Trading was tapering off ahead of holidays in the U.S. and Japan on Thursday, with few data releases to drive activity.
But news that ChatGPT-maker OpenAI’s ousted CEO, Sam Altman, was going to return to the company could spur some fresh movement in technology shares. Microsoft, which has invested billions of dollars in OpenAI and has rights to its technology, quickly moved to hire Altman, though its CEO Satya Nadella said the company was open to having him return to OpenAI.
Altman said in a post on X, formerly Twitter, that “with the new board and (with) Satya’s support, I’m looking forward to returning to OpenAI, and building…
