The AI narrative now has a new trade — shorting software stocks
Anthropic’s new AI tool offers a challenge to established software services.
Gold and silver price swings are powering algo traders and machine-learning funds
Trend-following funds, which use quantitative models and algorithms to trade market moves, have traversed the recent wild swings in gold and silver.
Private credit worries resurface in $3 trillion market as AI pressures software firms
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some lenders may face rising defaults.
Chinese chip designer Montage Technology soars over 60% in Hong Kong debut
Shares of Chinese chip designer Montage Technology surged 60% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
Epstein’s Silicon Valley connections went beyond Gates and Musk
The new Epstein files released by the DOJ show that the deceased financier was able to build relationships across Silicon Valley, from Bill Gates to Peter Thiel.
Epstein’s Silicon Valley connections went beyond Gates and Musk
The new Epstein files released by the DOJ show that the deceased financier was able to build relationships across Silicon Valley, from Bill Gates to Peter Thiel.
Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
Lai, who had pleaded not guilty to all charges, was among the first prominent figures arrested under Beijing’s security law in August 2020.
CNBC Daily Open: Watch Japan’s yen and government bond yields as Takaichi storms to an election victory
Japan’s Sanae Takaichi and her ruling Liberal Democratic Party overwhelmingly found the support of voters in a Sunday election, sweeping a supermajority.
CNBC Daily Open: Watch Japan’s yen and government bond yields as Takaichi storms to an election victory
Japan’s Sanae Takaichi and her ruling Liberal Democratic Party overwhelmingly found the support of voters in a Sunday election, sweeping a supermajority.
Japan’s Nikkei 225 crosses 57,000 for the first time as Takaichi secures historic mandate
The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported.
