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.
EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC
There have been increasing calls within Europe for the region’s most critical workloads to diversify away from dominant U.S. cloud providers.
Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve
Japan’s Ministry of Finance has intervened in the yen over the country’s Golden Week holiday.
