Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.
Paul Tudor Jones says U.S. is late to regulating AI: ‘We should have already done it’
The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.
OpenAI trial: Mother of Musk’s children says he offered Altman a Tesla board seat
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
Paul Tudor Jones says AI bull market has ‘another year or two to run’
The billionaire hedge fund manager said the market may still be in the middle innings of an AI-driven rally.
France is fan favorite for the FIFA World Cup — but AI is backing another nation for glory, says BofA
The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.
The 3 big trends behind hedge funds’ ‘historic’ rebound from heavy Iran war losses
Hedge fund stockpickers landed their best gain in 25 years last month as the industry clawed back March’s losses.
Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 12%
“War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March,” the company said.
Boaz Weinstein’s Saba pauses activism against 9 UK funds after Herald deal
Saba Capital, the hedge fund led by Boaz Weinstein, has agreed to a three-year pause to its activist campaign against nine London-listed funds
Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say
On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
How the U.S. military and Maersk got a ship to pass through the Strait of Hormuz
Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a “very cautious approach” during the Middle East crisis.
