Reports: SEC subpoenas banks over Situational Awareness blow-up
Leopold Aschenbrenner Photo: Josh Edelson The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders…
Jim Cramer says forced selling may signal a bottom for AI trade
Jim Cramer said Thursday the forced unwinding of levered hedge-fund bets on artificial intelligence stocks may help stabilize…
The Gen Z cofounder of $1.6 billion Whop says his platform has minted over 650 millionaires
There’s a legion of workers sitting behind their desks and unloading trucks, fantasizing about one day chasing their…
A Climate Activist Wants to Run California. Coal Helped Fuel His Wealth.
Tom Steyer, one of the front-runners in the California governor’s race, has said that he “walked away” from…
Market’s ability to forecast world in question
Investors may want to take a step back as stocks swing amid rising geopolitical tensions. DBi’s Andrew Beer…
AI Loses Its Shine as Money Rotates Back Into Big Oil
Big Tech plans to spend hundreds of billions on AI this year, the industry leaders said this earnings…
How activist Elliott can help reinvigorate athleisure giant Lululemon
Jeff Greenberg | Universal Images Group | Getty Images Company: Lululemon Athletica Inc. (LULU) Business: Lululemon Athletica is…
This fund logged a 950% return on SpaceX. Here’s what happened next
The Edinburgh Worldwide Investment Trust has generated a near-950% return on its position in Elon Musk’s Space Exploration…
After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
The holders of U.S. debt have shifted drastically over the past decade, tilting more toward profit-driven private investors…
Dutch Pension Bond Shift Risks Triggering Bond Market Volatility
In the European market for long-term bonds, a once-loyal and deep pocketed customer is about to start shopping…
AI Debt Explosion Has Traders Searching for Cover: Credit Weekly
As tech companies gear up to borrow hundreds of billions of dollars to fuel investments in artificial intelligence,…
AI isn’t a bubble but rather an opportunity, JPMorgan’s Erdoes says
Mary Callahan Erdoes, Chief Executive Officer of J.P. Morgan Asset & Wealth Management, speaks during CNBC’s Delivering Alpha…