Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors

every morning. Good morning. Today is Thursday, July 3rd. I'm Julie Morgan. OpenAI calls foul. Alpha

pays up and Starboard books a seat at TripAdvisor. OpenAI issued a firm statement on Wednesday, denying any

affiliation with the tokenized equity tokens offered by trading platform Robin Hood. OpenAI emphasized

that the tokens do not represent real ownership or equity in the company. The trading platform

began offering tokenized shares of

OpenAI and SpaceX to its users in Europe. OpenAI wrote on X that these OpenAI tokens are

not OpenAI equity and that they did not partner with Robin Hood. They were not involved in this

and they do not endorse it. The company said that

any transfer of OpenAI equity requires their approval and they did not approve any transfer

and warned users to please be careful. In response to OpenAI's post, a Robin Hood spokesperson said that

these tokens give retail investors indirect exposure to

private markets opening up access and are enabled by Robin Hood's ownership stake in a special

purpose vehicle. Robin Hood gained 6.1% on Wednesday and is down 1.5% in pre-market trading.

Robin Hood is also the topic in the Wall Street Breakfast newsletter, our daily one-page

new summary. Be sure to check it out. We're focusing on what Robin Hood's tokenized

stocks means for the industry. You can find a link to the newsletter in show notes.

Alpha and Omega Semiconductor agreed to pay $4.25 million to settle with the U.S. Department of Commerce.

The company allegedly shipped items to China's Huawei Technologies in violation of export rules.

Alpha said it reached a resolution with the Department's Bureau of Industry and

Security or BIS to close its investigation of the company's export control practices.

Alpha and Omega noted that the resolution does not impact its ongoing business operations

...