Hackers Armed With AI Stoke Fears for $130 Billion Crypto Sector
(Bloomberg) — The crypto hacks came a little over two weeks apart in April, netting the attackers almost…
AI Bond Binge Overwhelms Wall Street, Pushes Alphabet Abroad
(Bloomberg) — Bankers were still putting the final touches on Alphabet Inc.’s blockbuster $17 billion of bond sales…
Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
Shares of Alibaba Group Holding opened up 7.8 per cent in Hong Kong, after the firm reported strong…
China’s $3 Trillion of Hidden Bad Debt Prolongs Economic Pain
(Bloomberg) — By any measure, Tom Hu should be in default on a $730,000 bank loan for his…
A former SEC official compares CITs to buying a car without a seatbelt — and they’re taking over Americans’ 401(k)s
Like many Americans, I have a percentage of my salary put into my 401(k) every paycheck. When I…
From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip
With a fragile US-Iran ceasefire barely holding, the Strait of Hormuz still blockaded, and all eyes on the…
Fed Data Suggest Japan Sold US Debt Amid Intervention
(Bloomberg) — The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at…
Food Prices Rise to Highest in Three Years on Iran War Costs
(Bloomberg) — Global food prices climbed to their highest level in more than three years as the Iran…
Arm Warns of Phone Market Weakness, With AI Helping Offset Slump
(Bloomberg) — Arm Holdings Plc warned of sluggishness in the smartphone industry, crimping a vital source of the…
Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club
(Bloomberg) — Samsung Electronics Co.’s market valuation topped $1 trillion after shares in the world’s largest memory maker…
Gold Rises as Trump Touts Progress with Iran and Dollar Falls
(Bloomberg) — Gold extended gains after US President Donald Trump touted progress on a final agreement with Iran,…
Google Snags OpenAI’s Head of Private Equity
Two more senior staffers left OpenAI in recent days, including its head of private equity, who was hired…