How Private Equity’s $700 Billion Insurance Move Puts US Retirees at Risk
The retirement accounts and life insurance policies of the average American fueled massive private equity returns. Experts say…
OpenAI Asks US to Expand Chips Tax Credit to AI Data Centers
Construction at the Stargate AI data center in Abilene, Texas in September. (Bloomberg) — OpenAI has asked the…
AI Is Eating All the Earnings
For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Modi Tax Cut Fuels $68 Billion Festival Shopping Boom in India
India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long…
Adobe deepens Google Cloud partnership to advance AI and next-gen creativity, says CFO
Good morning. Adobe is doubling down on agentic AI to make creativity more conversational. At its annual MAX…
IPO market is ‘really strong,’ NYSE president says, calls for long-term focus
Good morning. Similar to the volatility observed in April, market uncertainty increased in October amid renewed concerns over…