October 29, 2025 – BBC World Business Report
Walter Todd appeared on BBC World Business Report to discuss the new hope surrounding the U.S.–China trade talks and the rapid growth of OpenAI-driven markets. He discussed how investors are betting on a positive outcome because both the United States and China hold leverage, as China controls rare earth minerals and the United States is a key export market. Walter also discussed Microsoft’s stake in OpenAI’s shift to a for-profit model, explaining the difference between rapidly increasing market share and limited profits. While the outlook is positive, he cautions that the market should still take a volatile turn if expectations falter.
Listen to the full interview here. (Walter’s segment starts at 21:30.)
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Greenwood Capital is an SEC registered investment advisory firm. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on solely for tax, legal or accounting advice.



