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On July 31st, OpenAI announced on Thursday that it will lower the prices of two GPT-5.6 models after improving the system efficiency of the supported models. OpenAI announced an 80% reduction in the price of GPT-5.6 Luna and a 20% reduction in the price of GPT-5.6 Terra. Luna will now cost $0.20 per million input tokens and $1.20 per million output tokens; Terra will cost $2 per million input tokens and $12 per million output tokens. OpenAI stated that the price reductions for Luna and Terra are already reflected in the billing rules of Codex and ChatGPT Work; however, the most powerful version, GPT-5.6 Sol, will not see a price reduction. OpenAI also stated that it will provide a faster option for GPT-5.6 Sol in its API. Recently, OpenAI has been in fierce competition with companies like Anthropic for the best model. As the number of tokens consumed by next-generation inference models increases significantly in longer-running agent tasks, both OpenAI and Anthropic have adjusted their pricing, rate limits, and other usage policies.SanDisk (SNDK.O) rose to its intraday high, currently up over 25%.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.1 occurred at 00:58 on July 31 in the sea area near Taitung County, Taiwan (23.03°N, 121.47°E). The final result is subject to the official bulletin.The Federal Reserve accepted a total of $1.076 billion from three counterparties in its fixed-rate reverse repurchase operations.Egyptian Prime Minister: Egypt has implemented alternative solutions to meet its energy needs following the attack on the gas tanker.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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