Hedge funds are selling stocks at the fastest pace in three months and stepping up short bets
What’s often called “the smart money” sold global stocks for a second week, driven almost entirely by short sales, according to Goldman’s prime brokerage data.
Making a TikTok layoff video ‘is insanely risky for future job prospects’ says ex-Google recruiter
People have been posting their layoffs on TikTok, some to great acclaim. But career experts worn this can be very risky for your future prospects.
European markets close lower as investors look ahead to U.S. inflation data; Atos falls 14% on debt plan
European markets closed lower Tuesday as investors look ahead to more key economic data this week, including U.S. inflation figures out Wednesday.
Intel unveils latest AI chip as Nvidia competition heats up
Intel is looking to take market share from current leader Nvidia, which has an estimated 80% of the AI chip market
Ecuadorians wanted an action man. President Noboa has fulfilled that role — embassy raid included
Ecuadorian President Daniel Noboa’s decision to raid Mexico’s embassy last Friday is unlikely to hurt him with his constituents.
Boeing’s quarterly airplane deliveries drop to 83 amid safety crisis
Boeing’s major airline customers have complained that delivery delays have forced them to rethink their growth plans.
Binance has matured past cultural issues, CEO says, after $4.3 billion U.S. DOJ settlement
Binance’s new CEO Richard Teng said the company has moved past cultural issues after the company was hit with a $4.3 billion fine to settle charges from the U.S. Justice Department.
‘Corporate bullying’: Abrdn CIO slams press’ jabs at the company’s rebranded name
Media jabs at the rebranded name of asset manager Abrdn is “corporate bullying,” the firm’s chief investment officer Peter Branner said.
Bitcoin ETF issuers say SEC will reject ether exchange-traded funds
The U.S. Securities and Exchange Commission won’t approve an exchange-traded fund for the ether cryptocurrency, two bitcoin ETF issuers have said.
Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust
Hong Kong authorities have made the city’s largest-ever gold smuggling bust, seizing $10.7 million worth of the precious metal that was disguised as machine parts.
