Ivan Boesky, convict in 1980s insider trading scandal, dies at 87, NYT reports
Ivan Boesky, the financier who was a central figure of the 1980s insider trading scandals, has died at the age of 87, the New York Times reported on Monday.
Nvidia is cheap heading into major earnings report, tech investor Dan Niles says
The investor also said to expect a beat and raise as the chip giant reports results.
BMW imported 8,000 Mini Coopers with banned Chinese parts into U.S., Senate report says
A Senate report released Monday found BMW imported at least 8,000 Mini Cooper vehicles into the country with electronic parts from a banned Chinese supplier.
This energy stock and other plays are set to jump the most over the next month, according to an AI model
These stocks are some of iFi AI’s favorite picks for the next 30 days.
Britain expands AI Safety Institute to San Francisco amid scrutiny over regulatory shortcomings
The U.K. said Monday it will open a U.S. counterpart to its AI Safety Summit, a state-backed body testing advanced AI systems, in San Francisco this summer.
UK stocks are outperforming the U.S. and one CIO says they look ‘very cheap’
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.
European markets close slightly higher; Richemont up 5.3%
European markets closed slightly higher Monday, following positive momentum seen last week.
Putin says Iran’s Raisi was ‘true friend of Russia’, Ukraine and Russia exchange tit-for-tat strikes
A day of mourning has been declared in the northeast Kharkiv region on Monday after a popular leisure spot and several villages were attacked by Russian forces.
$9 billion travel tech firm Navan on track to hit profitability this year and ‘not far’ from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he’s preparing the company to get its business into shape for an IPO this year.
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.
